The global economy started 2018 with strong, synchronized growth. But as the year progressed, momentum faded and growth trends diverged. The US economy accelerated, thanks to fiscal stimulus enacted early in the year, while the economies of the Eurozone, the UK, Japan and China began to weaken. These divergent trends will persist in 2019. IHS Markit predicts global growth will edge down from 3.2% in 2018 to 3.1% in 2019, and keep decelerating over the next few years.

One major risk in the coming year is the sharp drop-off in world trade growth, which fell from over 5% at the beginning of 2018 to nearly zero at the end. With anticipated escalation in trade conflicts, a contraction in world trade could drag down the global economy even more. At the same time, the combined effects of rising interest rates and surging equity and commodity market volatility mean that financial conditions worldwide are tightening. These risks point to the increasing vulnerability of the global economy to further shocks, and the rising probability of a recession in the next couple of years.

This is an article Wrote on web :

https://www.weforum.org/agenda/2019/01/what-to-expect-for-the-global-economy-in-2019/

Information and Communication Technology tools reduced distances. As a result of these tools: financial markets have become global and instantaneous.

Dear Prof. Prokopowicz,

The stock exchanges which are run electronically now and are econophysical quantum machines as we have found through our research as part of the global research community in the Econophysics and Phynance and interdisciplinary sciences research groups and intertestingly use information and energy as inputs and produce processed information as output , so the human and electronic energy expended is really spent on accurately processing the information and resulting in trading of shares and also updating of information of such trades including updated stock prices . There is another class of inputs which the stock exchange uses and that is the models and the computational logic - the Artificial Intelligence, on which this mechanical process is carried out. We have shown that as in Physics there are a whole lot of dimensional problems which this computer information system needs solving inorder to forecast the Econophysical Systems Equilibrium that will be the resultant out of the String Theoretic particle movements and forces in action and instead of analysing every level of work performed in spacextime over the networks (investor locations) we have analysed the properties of the statistical equilibrium by running Bombay Stock Exchange experiments after globalisation and internetworking. This systems classification and systems integration in the field of information forces and financial forces has been in accordance with our theory (Mallick (1993, 2013, 2014, 2015)), Mallick, Hamburger & Mallick (2016, 2017, 2018, Mallick, Raychaudhury, Mallick and others (2018, 2019)) and we have been able to establish with slight string theory perturbations and condensations experiments that not only the laws of economics and the laws of Physics but also the Laws of Mathematics can be perturbed and condensed by this system of course by using Genetic Algorithm theories of Random Algorithms with String Matching Field Theory. This really gives a Physical and Computer Science market microstructure embedded in the Earths satellite based internetworked electronic environmental system and it is fundamentally driven by a DBranes String theory driven Calculus of Standard Model with solution for the Yang Mills existence and Mass Gap conservation of energy principle problem, thereby obeying the Laws of General Relativity in this somewhat interesting experimental system. The problem of expectations which everyone knows is a dynamic market econbomics problem is thereby solved by this internetworked cybernetic Bombay stock exchange system as we have discovered. For all you know we may be able to use our satellites deep in space in the future for this important spacextime Artificial Intelligence and Solar Energy driven network sustainability applications. AI and self energy are simultaneously being conserved here with the very perurbations of the conservation of linear momentum system as would be the problem with the geodescic electronic environment with various magnetic lines of force of the Earth. So this is a Quantum Mathematical development of Econophysics simultaneously solving the Clay Millenium Mathematics problems. This is a very fundamental and standard string theory resolution of Public Systems using Bomay Stock Exchange system experiments under the aegis of The Planning Commission of India and the Bombay and National Stock Exchanges and Indias satelliteand internetworked systems of investors and companies and energy sources.

S.K.Mallick (CA)

for S.K.Mallick, S.Raychaudhury & S.Mallick and others,

of The RHMHM School,

US, Japan, India

While any "financial markets" do not exist in reality, there is no impact of globalization and information on the financial transactions. A few OECD countries are controlling the entire World economy and they will never accept any 'market' which means: any competition. Therefore they created the UN, World Bank, IMF, NATO, WTO that make sure that they always win.

The alleged "globalization' is entirely unilateral.

great discussion

Dear Friends and Colleagues of RG,

Does economic globalization have a significant impact on the development of international financial systems and on the operation of supranational capital markets?

Is the globalization of information related to the growing share of the Internet in the global dissemination of information on the situation on financial markets also related to economic globalization?

What is your opinion on this issue?

Please reply

Thank you very much

Yes. Economic globalization have a significant impact on the development of International financial systems and on the operations of supranational capital markets in the following way :- When economic globalization occurs it Effects the Foreign currency and significantly affects the capital markets globally.