Trade now drives politics more than growth

Protectionist voices have grown stronger even as world trade has become less important as a motor of GDP

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In this article

  • The new normal
  • Trade forecasts remain over-optimistic
  • New GDP growth engines could emerge
  • Emerging trends
  • Goods trade maturing
  • Shift to services
  • Imbalances will also cause tensions
  • Outlook

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.