Experts have identified the most significant risks for world economy

The Project Syndicate has published a list of risks threatening global economic development in the current year. The highest are the presidential elections in The United States and a possible recession in Europe. The most significant risk is the election of a new chapter USA. Market players everywhere share confidence in that President Donald Trump will be elected for the second term. However, his re-election may entail increased protectionism, and its foreign policy could become more aggressive. Before November 3, experts expect panic in the markets due to political events in the States. Another significant threat to global GDP growth continues advocate the possible onset of a crisis in Europe. IN last year, it was the European economy that turned out to be the weakest link in the world arena. Despite stabilization of economic indicators in the region, Germany is still grappling with the threat of economic collapse. In addition, the economies of European countries require financial support, but the authorities are concerned reduction of the budget deficit.