what shall be the fate of the weak and developing countries in this economic perilous time.
Today's global economy and interdependent markets will influence each other meaning It Affects Other Countries Too because What developed countries do affects the world more than anyone could ever know when they started their business. a small example If America and China experienced a recession, it might also affect the economies of other countries. Because, the US, China, and Europe are one of the destination countries of a country.
So, in my opinion, just as I described above, if the UK goes into recession, Inflation will hit the business ties of other countries as well, both developed countries and developing countries too!