Does the Post‑Crisis Weakness of Global Trade Solely Reflect Weak Demand?
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Global trade growth over the past few years has appeared extraordinarily weak, even in relation to weak global GDP growth. This paper shows that the apparent breakdown in the relationship between global trade and global GDP growth is largely explained by two factors: an inappropriate measurement of global GDP and extraordinary demand weakness in...
