Hello! I wrote a thing about that tiny topic that is the future of world trade...
featuring @kevinhorourke, @kdziczek, @jacob___parker, Mike Jette of @GEP_Worldwide, Pierre Sauvé of @WorldBank, Bernard Hoekman of @EuropeanUni and @BaldwinRE https://www.economist.com/briefing/2020/05/14/covid-19s-blow-to-world-trade-is-a-heavy-one">https://www.economist.com/briefing/...
featuring @kevinhorourke, @kdziczek, @jacob___parker, Mike Jette of @GEP_Worldwide, Pierre Sauvé of @WorldBank, Bernard Hoekman of @EuropeanUni and @BaldwinRE https://www.economist.com/briefing/2020/05/14/covid-19s-blow-to-world-trade-is-a-heavy-one">https://www.economist.com/briefing/...
At one point due to an internal miscommunication I thought this chart might not make it in. Due to the [REDACTED] I spent on stata constructing it I nearly cried. But then it made it in and I was happy.
Some things I picked up along the way...
Companies want to be wherever they can best tap into demand for their products. Which means the pull of EMs/China is strong
h/t McKinsey Global Institute / Susan Lund
https://www.mckinsey.com/~/media/McKinsey/Featured%20Insights/Innovation/Globalization%20in%20transition%20The%20future%20of%20trade%20and%20value%20chains/MGI-Globalization%20in%20transition-The-future-of-trade-and-value-chains-Full-report.ashx">https://www.mckinsey.com/~/media/M...
Companies want to be wherever they can best tap into demand for their products. Which means the pull of EMs/China is strong
h/t McKinsey Global Institute / Susan Lund
https://www.mckinsey.com/~/media/McKinsey/Featured%20Insights/Innovation/Globalization%20in%20transition%20The%20future%20of%20trade%20and%20value%20chains/MGI-Globalization%20in%20transition-The-future-of-trade-and-value-chains-Full-report.ashx">https://www.mckinsey.com/~/media/M...
This VoxEU book on covid-19 and trade edited by @BaldwinRE and @SimonEvenett is FASCINATING. I particularly enjoyed the chapter on resilience vs robustness in global value chains by @smiroudot
For a good read on deglobalisation in the grand scheme of things, I enjoyed this, written by Harold James @Princeton in 2017 for @CIGIonline
https://www.cigionline.org/sites/default/files/documents/Paper%20no.135WEB_1.pdf">https://www.cigionline.org/sites/def...
https://www.cigionline.org/sites/default/files/documents/Paper%20no.135WEB_1.pdf">https://www.cigionline.org/sites/def...
@D_A_Irwin on deglobalisation definitely worth a read...
https://www.piie.com/research/piie-charts/globalization-retreat-first-time-second-world-war">https://www.piie.com/research/...
https://www.piie.com/research/piie-charts/globalization-retreat-first-time-second-world-war">https://www.piie.com/research/...
If you don& #39;t already follow @Birdyword then either you need to start doing so or you& #39;re an idiot.
Here he is being sceptical that globalisation is on death& #39;s door
https://www.wsj.com/articles/globalized-commerce-might-prove-resilient-to-the-pandemic-11587549813">https://www.wsj.com/articles/...
Here he is being sceptical that globalisation is on death& #39;s door
https://www.wsj.com/articles/globalized-commerce-might-prove-resilient-to-the-pandemic-11587549813">https://www.wsj.com/articles/...
This report on global value chains by folks from the @WTO, @OECDTrade @WorldBank @uibechina and @ide_jetro...
I mean PHWOAR those charts
https://www.wto.org/english/res_e/booksp_e/gvc_dev_report_2019_e.pdf">https://www.wto.org/english/r...
I mean PHWOAR those charts
https://www.wto.org/english/res_e/booksp_e/gvc_dev_report_2019_e.pdf">https://www.wto.org/english/r...
On episodes of deglobalisation from history, this from @kevinhorourke is v interesting. It& #39;s also the background for his advice to Davos man to "take it on the chin"
https://www.economics.ox.ac.uk/materials/working_papers/4993/167decemberorourke.pdf">https://www.economics.ox.ac.uk/materials...
https://www.economics.ox.ac.uk/materials/working_papers/4993/167decemberorourke.pdf">https://www.economics.ox.ac.uk/materials...
And finally, the @WorldBank World Development Report from 2019 has SO. MANY. GREAT. CHARTS. https://openknowledge.worldbank.org/handle/10986/32437">https://openknowledge.worldbank.org/handle/10...