Thursday, August 4, 2016

Global trade is not growing slower – it's not growing at all, finds a new report

 World trade plateaued around the start of 2015
Using what is widely regarded as the best available data on global trade dynamics, namely, the World Trade Monitor prepared by the Netherlands Bureau of Economic Policy Analysis, the 19th Report of the Global Trade Alert, published today, evaluates global trade dynamics (Evenett and Fritz 2016). Our first finding that the rosy impression painted by some should be set aside. We demonstrate that: 
-World export volumes reached a plateau at the start of January 2015. The same finding holds if import volume or total volume data are used instead. 
-Both industrialized countries’ and emerging markets’ trade volumes have plateaued.
DYI 

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