Economics

IMF Warns Against Economic Fragmentation From War in Ukraine

Undoing integration would make world poorer, more dangerous
Nations should lower trade barriers, diversify supply chains

Kristalina Georgieva
Photographer: Emily Macinnes/Bloomberg

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By Eric Martin

May 23, 2022 at 4:00 AM UTC

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The International Monetary Fund warned against global economic fragmentation as a consequence of Russia’s invasion of Ukraine, saying that undoing decades of integration will make the world poorer and more dangerous.