Trade is Slowing Down: What Does This Imply for Globalization?

As is widely reported by the IMF and others, global trade is growing at a far slower pace since 2012 than at any time in the previous 30 years. This is all the more worrying since economic growth itself has been anemic since the Great Recession and current forecasts are not terribly ebullient. What can we expect and how will domestic forces shape the future of globalization.

Author:
Danny Leipziger

Publication Type:
Economic Viewpoint

Publication Year:
2016