a column by Susan Lund and Jacques Bughin for VOX: CEPR’s Policy Portal
The history of trade reflects the ongoing march of technological innovation.
This column argues that despite today’s increased trade tensions, rising nationalism, and slowdown in global goods trade, globalisation is not in retreat. Instead, it is entering a new chapter that is being driven by flows of information and data, as well as technological changes that are reshaping industry value chains.
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