Global financial interdependence poses new risks and opportunities for world economy.
The world economy is connected, with money moving between countries and affecting each other. The financial crisis in 2008 started in the U.S. but spread to other countries, showing how risks can spread. Trade between countries can help poor countries grow, but a recession in one country can hurt others. The global economy is like a big version of a country's economy, but with more barriers to trade and different currencies, making things more complicated.