The case for globalization and robust global value chains

Rumors of the impending demise of globalisation have been exaggerated but survival requires collective effort. This paper argues that a retreat from globalization broadly defined, and disruption of the global value chain machinery would have negative sum outcomes for all participants. In the troubling new normal that is currently unfolding, global integration aided by more streamlined GVCs will safeguard the gains to date and allow the global system to adequately cope with both the known challenges and others that remain unknown—including through the provision of global public goods.

This report is for subscribers only Start with a FREE 30-day trial and then save up to 22% with an annual subscription. Get instant access to over 1,500 reports. Cancel anytime.
Already a subscriber ? Log in

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

Brighten Up Your Thursday!

SIGN UP to receive our free weekly newsletter with new shipping market reports, presentations & analysis! EVERY THURSDAY!