IMF: losses of the global economy from its fragmentation could amount to $ 7 trillion

She stated this at the World Economic Forum in Davos.

“If we do poorly with this, if we allow a sharp decline in trade, then the damage will be on the order of 7% of world GDP.

Just think what 7% means: this is a loss of about $ 7 trillion, ”TASS quotes her.

At the same time, as she added, if technological fragmentation is added to trade fragmentation, “the damage will be in the region of 8-12% of global GDP.”

Earlier, Georgieva said that about a third of the global economy will face a recession in 2023.