The Global Economy 2017.

Summary Each year, the CEPII publishes in its "Repères" collection unpublished analyses of major global economic issues. The statistical supplements place recent data in a long-term perspective. An essential reference. Each year, CEPII publishes in its "Repères" collection unpublished analyses of major global economic issues. This 2017 edition focuses on rising tensions and coordination failures in the global economy. While the controversies surrounding globalization are growing, history teaches us that the phenomenon is not irreversible. What kind of globalization for tomorrow? Will the lack of coordination in the international monetary system cause financial globalization to recede and national sovereignty to re-emerge? Vulnerabilities also persist in the banking sector. Have the reforms undertaken gone far enough? More optimistic about the progress made at COP21, this edition highlights the transformations that could occur if the financial sector were put at the service of climate risk management. But tensions are resurfacing with migration and the refugee crisis, which confront the European Union with its major lack of coordination. In Brazil, internal tensions have plunged the country into a deep crisis. Statistical data completes this analysis of the global economy.