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World Risk Developments May 2025
World Risk Developments May 2025
In this month's edition of World Risk Developments, we review the following economic and political forces shaping the world:
• World—Trade restrictions and policy unpredictability weigh on outlook
• World—Record global military spending supports defence exports
• Asia—Trade dependence increases vulnerability to protectionism
• Indonesia—Trade tensions will exacerbate domestic demand slowdown
• Australia—Higher lithium exports supported by strong mine output
• Pacific—Global economic uncertainty has mixed impact
Cassandra Winzenried, Chief Economist
Cassandra.Winzenried@exportfinance.gov.au
Tanya Morjanoff, Director, Economics
Tanya.Morjanoff@exportfinance.gov.au
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