Risk of Global Economic Crisis in 2022 and the Mechanism of Transmission of Economic Shocks between the Main Areas of the Global Economy

Goal – the aim of study is to analyze main economic areas global economy in terms possibility transferring crisis relation current situation. Research methodology analysis conducted was based on literature research; empirical used causation Granger sense and Pearson’s linear correlation coefficient. Score/results The existence so–called “locomotive effect” observed for a group countries: USA–CSSA, CSSA–USA, EA–LA, EA–CSSA, LA–EA, CSSA–EA, MECA–LA, MECA–CSSA, LA–MECA, CSSA–MECA, EDA–CSSA, CSSA–EDA, LA–CSSA, CSSA–LA, meaning positive domestic shock transmitted partner, among countries studied, carried out annual data GDP values as measure activity. CSSA remains safest area also most neutral view political In WPE, there maximum [full] 1 for: EDA–USA, MECA–EA, EDA–EA, MECA–EDA EDA–MECA. These are currently dangerous crisis–prone areas, with potential crises between them. It facilitated by territorial cohesion geopolitical situation these regions. Relatively high correlations can be analyzed factors: IMP, IMG, IDCF PC. risk resulting from war mentioned highest here. Other of: USA–EA, USA–LA, EA–USA, LA–USA, LA–EDA, EDA–LA remain at weak or average levels. This influenced geographic distance lack strong ties. Originality/value originality results topic undertaken. Identification channels transmission constitutes an added value.