La economía mundial y sus vericuetos (incluido el coronavirus)

Ibarra, David

Abstract After the global crisis of 2008-2009, the international economy was unable to fully recover and there are indications that it is already in another depressive cycle. Based on this, the main inconveniences of worldwide economic integration are examined. In this article, cumulative trade imbalances are observed, which are already transmitting nonconformities or unsustainability to the political sphere. In the same way, financial imbalances are pointed out, whether in the least aid to developing countries, in the dangerous accumulation of corporate debts that are added to those of governments, or in the persistence of abnormal interest rates and in the instability in the valuations of stock exchanges and long-term government securities. The reduction of the rates of capital formation and the dynamic rearrangement of the industry are intermingled with other positive and negative factors of the process of integration and development of global markets. They also address the economic and social incidence of the coronavirus pandemic, and the substantive changes in US policy in its response to the anticipated downturn in the international economy and the effects of the aforementioned pandemic.