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World Risk Developments March 2025
World Risk Developments March 2025
In this month's edition of World Risk Developments, we review the following economic and political forces shaping the world:
• Australia—US tariffs take effect, diversified exports insulate economy
• China—Growth steady ‘around 5%’ despite rising external pressures
• US—Economic exceptionalism to continue, but risks mount
• Vietnam—Economic outperformance at risk from trade disruptions
• Australia—Robust tourism supports continued services export growth
• World—High global debt could strain economic resilience
Cassandra Winzenried, Chief Economist
Cassandra.Winzenried@exportfinance.gov.au
Tanya Morjanoff, Director, Economics
Tanya.Morjanoff@exportfinance.gov.au
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