A global economic slowdown occurs when economic growth declines across multiple countries, leading to lower productivity, reduced investment, and higher unemployment. Including geopolitical conflict, war trade tension and political instability. e.g. the Russia and Ukraine war, disrupt the global market, causing uncertainty in investment trade.
What policies can be implemented to stabilize global trade and reduce the impact of geopolitical conflict on the economy.?
That's right but we tend to do things within our reach and power cause this situation of economic degradation it's not an easy one and mostly it all generated by bad and a wrong leadership or governance. When the head in the administrative power is making good use of his influence to maintaining a substantial growth for the country then there's so much to gain but if it's likewise the economic sector will definitely be slow paced leading to a downfall in most cases. And I think unity and having the minds of the masses will eventually impacts the economy.