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The impact of geopolitical conflicts on trade, growth, and innovation

The war in Ukraine and the sanctions imposed on Russia have intensified the debate on the economic repercussions of a shift in global trade policy focus from mutual economic benefits of open trade policies to geopolitical considerations limiting interdependence. This column finds that a potential decoupling of the global trading system into two blocs โ€“ a US-centric and a
United States World Bank District Of Columbia South Korea Robert Koopman Re Lucas Jr
Source: voxeu.org

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