Showing posts with label world trade growth slowing. Show all posts
Showing posts with label world trade growth slowing. Show all posts

Thursday, October 13, 2016

Is World Trade Growth Slowing?

©iStock/Sean_Kuma
According to The Economist:
On September 27th the World Trade Organization slashed its forecast for growth in trade of goods from 2.8% in 2016 to just 1.7%, implicitly predicting that for the first time in 15 years, trade would grow more slowly than GDP. 
With anti-globalization sentiments heavy in the air, it's hard to see where this is headed.

Read more:  The Economist Explains:  Why is world trade growth slowing?

Related:  Economists worry that a new wave of protectionism in the digital age is hurting global growth