Geri
The United Nations (UN) Conference on Trade and Development (UNCTAD) published the report titled ‘Trade and Development Prospects 2025: Uncertainty Reshapes Global Economic Prospects’. In the report, it is stated that the global economy is stagnant and global economic growth is estimated to decrease to 2.3 percent for the current year. Uncertainties and tensions in trade are cited among the reasons for this decrease. While this picture has a negative effect on the global economy, on the other hand, the tariff measures taken can disrupt supply chains and prevent understanding in advance how to proceed. According to the UNCTAD report, uncertainty in trade policies has reached its highest level. Accordingly, hiring is decreasing and investment decisions are being postponed. It is estimated that the global economy is in recession and the downward trend in economic growth will have an impact on all countries. It is thought that this situation will affect developing countries more. While low-income countries are more likely to face feasible risks due to their debt situations, poor economies and external financial situations, UNCTAD calls for dialogue and negotiation as well as more advantageous regions and global policy coordination. According to UNCTAD data, the global economy grew by 2.8 percent last year.
