World trade report 2023 : re-globalization for a secure, inclusive and sustainable future
The 2023 World Trade Report discusses how re-globalization can address global challenges and mitigate trade fragmentation risks, emphasizing the importance of integrating diverse economies and issues into world trade for a secure and sustainable future.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | World Trade Organisation |
| Authors: | Marc Bacchetta; Eddy Bekkers; Michael Blanga-Gubbay; Emmanuelle Ganne; Kathryn Lundquist; John Hancock; Alexander Keck; José-Antonio Monteiro; Ralph Ossa; Roberta Piermartini; Yves Renouf; Stela Rubínová; Victor Stolzenburg; Ankai Xu |
| Publication date: | 2023 |
| Time horizon: | 2050 |
| Geographic focus: | Global |
Methods
The research method involved a comprehensive analysis of global trade trends, policy developments, and economic impacts, utilizing empirical data and case studies to assess the effects of re-globalization and fragmentation on trade, security, poverty, and environmental sustainability.
(Generated with the help of GPT-4)
Key Insights
The 2023 World Trade Report evaluates the concept of re-globalization, which aims to integrate more people, economies, and pressing issues into global trade. It highlights the risks of trade fragmentation, exacerbated by recent geopolitical tensions, the COVID-19 pandemic, and climate change. The report argues that re-globalization can enhance economic security, reduce poverty and inequality, and promote environmental sustainability. It emphasizes the need for a strengthened multilateral trading system to support these goals. The report also discusses the resilience of global trade flows despite challenges and the importance of digital trade and global value chains in fostering inclusive growth. Ultimately, it advocates for a cooperative approach to trade that addresses global challenges rather than retreating into fragmentation.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2050 geographic scope | 2050s geographic scope | English publication language | 2023 publication year | global | trade policy | economic security | poverty reduction | inequality | environmental sustainability | digital trade | global value chains | multilateral cooperation | trade fragmentation | resilience