Issues facing the world economy and basic ideas to address them  1.
Structural issues affecting the world economy  Various problems the world economy is facing today, such as the substantial rises in crude oil and food prices, global imbalances, and the turmoil in global financial markets, should be understood in the broader context of changes that have taken place since the 1990s – specifically, the rapid ascendance of emerging economies, the progress of economic globalization, and the globalization and increased sophistication of financial markets.