Concerns about global trade hit nearly 10 times the peaks seen in previous decades and could shave about 0.75 percentage point off world economic growth this year, the IMF said, in reference to the data it had compiled.
(Sept 10): The newly minted World Trade Uncertainty (WTU) index has detected a significant rise in global trade uncertainty after remaining at stable low levels for about 20 years.
The WTU index, which was launched on Monday by the International Monetary Fund (IMF), measures uncertainty related to trade for 143 individual countries on a quarterly basis.
