Main risks for economy in 2022

Slowing the restoration of the global economy due to the appearance of a new strain of coronavirus, high inflation rates in developed countries and geopolitical exacerbation can be one of the main challenges for the global financial system in 2022. The appropriate forecast on Tuesday published the British newspaper The Guardian, writes TASS.

According to the publication, the effect of the Omicron-strain of Coronavirus found in November in southern Africa is already felt in a number of sectors of the economy around the world, which are forced to act in the conditions of new restrictive measures. At the same time, as the economist of the analytical center of BCA Research Dhawal Joshi noted, there is a chance of an occurrence of an even more dangerous version of the virus in a short time, as a result of which it may be necessary to return to the practice of total locked.

Another factor restraining the growth of the global economy can be high inflation in developed countries. As the newspaper recalled, the rapid inflation growth, caused by the increase in energy prices and the lack of labor, “found surprise” in the outgoing year, the Bank of England, the US Federal Reserve and the European Central Bank.

Earlier, the Bank of England spoke with a forecast that the cost of living in the country would grow by 5% by April 2022, after which this figure will begin to decline. The following year, the Danish Bank Saxo Bank also warned about the probability of overclocking inflation next year, which calculated that the growth of the index may exceed 15% per calendar year, although so far such a scenario looks not very realistic.

Another factor in the development of the global economy In 2022, experts called the situation in China. The Guardian believes that in the near future in the country “economy and geopolitics” may face, given the alleged “nationalist rhetoric” Chairman of the PRC Si Jinping, “especially in relation to Taiwan.” In addition, experts warned about the risk of the emergence of the economic crisis in developing countries, such as Turkey and Argentina, due to the devaluation of national currencies. The publication also paid attention to the ability to “collapse of financial markets”, taking into account the slowdown in the growth rate of the global economy and, as a result, more stringent monetary policy measures from central banks.