The Head of The International Monetary Fund is warning that letting global tensions fragment the worldwide economy could cost trillions in lost growth.

IMF Managing Director Kristalina Georgieva urged assembled business and political leaders in Davos to “wake up" and preserve global trade, even as they look to insulate their sources of supply from disruption.

She said the pandemic and the war in Ukraine showed that some redundancy in where businesses source their parts and raw materials was needed.