The economic effects of geoeconomic fragmentation

Anni Norring

No 8/2024, BOFIT Policy Briefs from Bank of Finland Institute for Emerging Economies (BOFIT)

Abstract: First signs of headwinds to the global economy from geoeconomic fragmentation are emerging. This paper takes an overview on what is the current understanding of the economic effects of geoeconomic fragmentation. The estimated and modelled economic effects of geoeconomic fragmentation and geopolitics vary substantially. We need more research, standardized measures of geopolitical uncertainty, detailed data on protectionist measures and global value networks, plausible scenarios rooted in stylized facts and realistic models anchored in theory.

Keywords: geoeconomic fragmentation; globalization; trade; technology diffusion (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-int
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