Since the crisis,the growth rate of international ...
The background of this round of economic globalization slowing down is that since the occurrence of the international financial crisis in 2008,the world economic growth has not really fully recovered,and the international trade continues to be sluggish.Even after the partial recovery of the global economy,the growth of commodities and services in global trade has dropped to about 2%-3% per year.In recent years,the growth rate of trade has been lower than that of the global economy,and the engine effect of trade on world economic growth has been continuously weakened[2].The growth rate of international investment has also gradually slowed down.In 2009 (after the crisis),foreign direct investment in both developed and developing countries dropped significantly,falling by 41% and 35%,respectively.After that,although the international capital flow has recovered somewhat,the international investment still remained weak due to the slow recovery of the world economic growth and the deterioration of the assets and liabilities of multinational companies owing to the tight capital.Especially in recent years,affected by geopolitical,refugee and terrorism factors,both outflow and inflow of capital from major economies in the world have declined,and the slowdown of international investment has formed a vicious interaction with the decelerating trend of world economic growth.The new impetus for world economic growth is insufficient,and economic globalization is plagued by the slow recovery and growth of the world economy.