New crown pneumonia epidemic is superimposed with Russian and Ukraine Conflict，Seriously impacted the global economic recovery。The World Bank will reduce the global economic growth forecast from 2022 from 4.1%in January this year to 3.2%in April，then lowered to 2.9%in June。Slowing global economic recovery seems to be the result of the comprehensive effect of various risk factors，These factors include the epidemic、geopolitical conflict、Financial instability rises、Supply continuous tension and stagflation appear、deterioration of food unsafe, etc.，But it transmits a global economic governance crisis。The downside of the world economy is fundamentally described in the global competition game、Economic governance imbalance、Caused by the imbalance of macro policy。

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The United States is to maintain the great country of the "super dominance"，The rise of emerging powers such as China as a systematic challenge，Inciting economic decoupling with camp confrontation，Disrupting the global industrial chain、Normal operation of the supply chain。

The Trump administration pursues the US priority strategy，Trade war on multiple countries，Exit multiple international organizations，Targets impulse China and implement technology suppression。This not only triggers globalization and inhibits world economic growth，and hurt the interests of the American industrial and commercial community and consumers，Buried the cause of inflation。World Bet365 lotto review Bank、IMF repeatedly mentioned the harm of the trade war to global growth，Forecast of global losses caused by global protectionism in 2025 will be as high as $ 10 trillion。

Bayeng Government upgraded China into a systematic opponent and the most severe long -term challenge，Union allies and wrap the region countries to block China，By preparation of the Indo -Pacific Economic Framework、Establish a chip square alliance, etc.，Construction of economic and trade、Chinese exclusive "small courtyard wall" in the field of technology，Attempt to promote the "de -Chinaization"，As a result, the global industrial chain、Fracture and blockage of the supply chain，Treating the splitting of the world economy and turbulence in the international economic structure。

The United States and its allies also use the Ukrainian crisis to engage in unilateral sanctions，Make the world economic politics、Toolization、Weapons，Raising grain and energy price，Accelerate the arrival of the global stagflation era。

Single pole governance is difficult to meet the requirements of the times

The G7 Group, led by the United States as a maintenance of the seven -nation governance hegemony in the name of "rules -based international order"，Indifferent to the discourse rights of developing countries，Attempt to use technology blockade、Economic Sanctions、Commodity embargo and other means，Containing China's emerging economies and developing countries rise，Obstocking the formation of the global economic diversified co -governance pattern。G7 Summit is a platform for economic development and cooperation，but evolved into a manufacturing iron curtain、The wealthy country club that is keen on decoupled，It is together with NATO、AUKUS U.S. British and Australian Alliance、"Safety Dialogue" and other new and old cold bet365 best casino games war organizations，Politicalization through the economic platform、Economicization of military platform，Strengthen the single -pole governance pattern led by a few countries such as the United States，Focus on "suppressing China's economic development"，Even at all sacrificing the common interests of global growth。

G7 dominated monoclonal governance system exposes fairness、disadvantages of insufficient representative，It is difficult to meet the current international community in the prevention and control of the epidemic、Supply Chain Cooperation、Digital rules formulate、Multiple cooperation on topics such as extreme climate response、Requirements for collaborative governance。Under the single -pole governance pattern，Multilateralism is damaged，Epidemic traceability prevention and control is ideological，Global Industrial Chain、The supply chain operation is blocked，Low -income countries encounter financial constraints and financial dilemma，Drag the global recovery。

The unbalanced security governance framework dominated by the United States and NATO triggers the Ukrainian crisis and unilateral sanctions caused by soaring energy and food prices in multiple countries、Supply bottlenecks intensify，Entrepreneurs and consumers are weakened。US abuse financial sanctions，Causes fluctuations in the international financial market，Exhausting the collision of new and old financial order、The impact and disturbance of digital currency on sovereign currency，Not only shakes the status of the US dollar hegemony，also exacerbated the financial vulnerability of developing countries and uncertainty of global recovery。

　　Self -ist monetary policyGenerate a negative overflow effect

In developed countries, "self -ism" and "neighbors" bet365 Play online games monetary financial policy，Coupled with its passion to create confrontation and division，Weakened the policy coordination ability of G20，Further exacerbated the global macro policy "each fight" situation。U.S. Union Allies use currency hegemony to abuse financial sanctions，Apricate the epidemic、geopolitical conflict、Climate and other factors on a negative impact on the world economy。

U.S. and other developed countries in the West lost internal governance、Use the currency advantage status to pass on the crisis，The risk of decline in the United States has increased sharply，It also has a negative overflow effect on the world。US financial policy tighten and the US dollar exchange rate appreciation，In particular, the continuous steep rate hike path of the Federal Reserve has led to the rapid rise in the United States' long -term interest rate，Increase the pressure of capital outflows from emerging markets and developing countries with depreciation of the local currency，Some countries are facing continuous regular account deficit、The exchange rate of the local currency is overvalued and the high foreign debt is predicted。This will inhibit global output and expenditure and push high inflation，As a result, many countries inevitably decline。

　Joint efforts to promote the recovery of the world economy

Facing the complex and changing international situation and weak and inefficient global economic governance，China's concept of community of human destiny based on the principles of co -discussion, co -construction and sharing，Proposal global development initiative，Call for the international community to develop the prominent position of the global macro policy framework，Abandoning confrontation thinking、Seeking a win -win cooperation，Forms Bet365 lotto review a new mechanism for global economic governance and macro policy communication，Accelerate the implementation of the United Nations "2030 Sustainable Development Agenda"，Promote better recovery and sustainable development of the world。

First，Give full play to G20 and BRICS cooperation functions，Leading global governance "change of good"。

The epidemic and geopolitical conflict have a impact on the global economy，Western countries such as the United States built a "small courtyard high wall" to cause the global industrial chain、Supply Chain "Obstruct"，Monetary policy of developed economies "rapid turns" affect the stability of the international financial market，Facing multiple challenges，G7 Group cannot assume the leadership function of global economic governance。China and other developing countries should be committed to promoting G20 mechanism、Normalization，Make it a coordinated developed country and developing economy、Platforms that strengthen trade consultations leading the reform of the WTO system。China should pass the G20 more extensively and in -depth global governance，Promoting the principle of "co -business, co -construction, sharing" becomes an important value direction of G20。

Copy the challenges brought by the United States "Alliance+Rules"，"BRICS" five countries can build high -quality partnerships through the "BRICS+" mechanism，Unite more developing countries to create new economic globalization forces and new engines。The priority is that the BRICS country enhances the industrial chain、Supply Chain Cooperation，Give full play to its resource endowment、Technical Innovation、Human resources synergy effect，Enhance the global and regional industrial chain、Supply chain toughness。

bet365 best casino games 2，Strengthen the coordination of global macroeconomic policy，Joint efforts to promote the recovery of the world economy。

Make full use of IMF、World Bank、G20 and other platforms of macro policy coordination mechanisms，Fighting trade protectionism and the policy of neighbors，Promoting the convenience of cross -border trade，Resolve global finance、Energy、The risk of hindering or break risk of the grain industry chain and supply chain。With the help of the BRICS platform，​​Guide developing countries to carry out macro policy coordination and financial cooperation。Promote the formation of governance consensus，Supervise the use of monetary policies in prudence in developed economies，Reduce negative effects overflow，Relieve the sharp rise in oil and food prices。

third，China accelerates high -level openness，Actively promote changes in global economic governance。

China should accelerate the construction of a new development pattern at a high level of opening up。Maintenance and strengthening the WTO as the core，Rules -based、Open fair、Transparent predictable、Tolerant non -discriminated multilateral trading system dominates，Promote trade and investment liberalization and facilitation，Protection of intellectual property。

Actively dominate or participate in the construction of a new mechanism for international cooperation。Improve the BRICS cooperation mechanism，Promoting development issues that develop countries and the implementation of the agenda after 2030，In the digital economy、Supply Chain Cooperation、Actively participate in the formulation of global rules in issues such as decarburization and climate response。

Accelerate the promotion of high -quality co -construction of the “Belt and Road”，Provide important platforms for global economic governance。bet365 Play online games Aid through material、Technical cooperation、Human Resources Development、Send medical team、emergency humanitarian assistance、Overseas Volunteer Project, etc.，Copy challenges for low -income countries、Make contribution to development。

(Author Unit: School of Economics, Sichuan University)