WTO warns of 'first signs' of trade de-globalisation - Business & Finance
GENEVA: The de-globalisation of international trade is far from being a reality, but “the first signs of...
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GENEVA: The de-globalisation of international trade is far from being a reality, but “the first signs of...
WTO report doesn’t cover de-dollarisation of economies, its impact on trade
The idea of 'de-globalization' has gained traction since the war in Ukraine and pandemic-related lockdowns in China prompted significant disruption to global supply chains.
The de-globalisation of international trade is far from being a reality, but "the first signs of fragmentation" are appearing, the WTO warned Tuesday, concerned of the effects of the phenomenon on growth and development. In its annual report on international trade, economists with the World Trade Organization (WTO) argued in favour of "reglobalisation" as "the first signs of trade fragmentation threaten to slow growth and development".
The de-globalisation of international trade is far from being a reality, but "the first signs of fragmentation" are appearing, the WTO warned Tuesday, concerned of the effects of the phenomenon on growth and development.