Research
Global trade volumes are at record highs and supply chains have proven remarkably resilient, making "deglobalization" empirically misleading — what is actually occurring is a structural reconfiguration toward regionalization, digital services, and multipolar institutions, with the US-China corridor shrinking while South-South trade, ASEAN hubs, and alternative financial architectures expand rapidly. The central tension is between this empirical continuity and genuine systemic disruption: WTO dispute settlement is effectively paralyzed, US tariffs have hit post-WWII peaks, geopolitical shocks from Ukraine to the Middle East are raising costs and rerouting supply chains, and the governance "operating system" of globalization is fragmenting into competing regional frameworks — RCEP, AfCFTA, BRICS+, and dollar-alternative payment systems. Whether this amounts to a dangerous unraveling or a legitimate multipolar rebrand depends heavily on whose vantage point you adopt — Western institutions see institutional erosion and rising fragility, while much of the Global South frames the same shifts as overdue corrections to an Atlanticist model that never distributed its benefits equitably.
Four months of the Trump presidency have already changed the world as we knew it. How did we get here? What consequences have the tariffs had and will have?
When the carry trade began to unwind somewhat—due to a shift in the stance of the Bank of Japan and an increase in the unemployment rate in the United States— ...
Discover how deglobalization is affecting international security and inflation rates, and why it's important to watch out for shortages of key commodities.
Despite recent gains, global trade growth is expected to slow in 2026 due to persistent geopolitical uncertainty, inflationary pressures and ...
Geopolitical fragmentation is reshaping supply chains. We explore the key legal and regulatory challenges when moving operations due to ...
Global Trade Update (December 2025): Global trade poised for a record-breaking 2025 as flows expected to surge past $35 trillion. Highlight ...
Merchandise Trade · World, Total merchandise indices, Exports · World, Total merchandise values · Total merchandise, Exports, 2025.
Under the assumption of a limited conflict, global growth is projected at 3.1 percent in 2026 and 3.2 percent in 2027, below recent outcomes and ...
Goods are moving, supply chains are adapting, and trade grew about 4% in early 2025 – even amid tariff hikes and geopolitical tensions. But ...
Past research shows that US tariffs have increased the unit prices of Chinese imports, with most costs passed on to US firms and consumers.
“Is Deglobalization Inevitable?” Debate on September 23, 2025 at the Yale Club and Virtually · Comments.
Nobel laureate Paul Krugman calls it 'treason': $580 million in suspicious oil futures traded minutes before Trump's Iran reversal. By. Eva ...
“Global trade has moved from a focus on efficiency to a landscape defined by risk, rivalry and weaponisation,” said John Ferguson. “Our new ...
Non-tariff barriers (NTBs), including technical regulations, product standards, certification requirements and administrative procedures, often ...
CEFTA has introduced a more efficient mechanism for resolving trade disputes, ensuring fairness, predictability, and smoother business operations.
Tariffs in flux. The global tariff landscape shifted substantially in 2025. Sharp rises in US tariffs, with multiple shifts throughout the year, ...
Real US imports from China dropped by 28 percent in 2025 alone. They ended up 40 percent lower than they were on the eve of Trump's first trade ...
73% of supply chain leaders expect to hit their tariff absorption wall by the end of 2026, the point where internal margins can no longer offset ...
This paper innovatively introduces theories from the field of international political economy to study the rulemaking of the new FTAs.
As 2025 unfolds, the global business landscape is being reshaped by powerful forces that demand strategic foresight and the ability of ...
Myth 1: Economic Globalization Is Inevitable. Advocates of economic globalization try to describe it as an inevitable process, the logical outgrowth of economic ...
A 59% majority of Americans say the United States has lost more than it has gained, according to a Pew Research Center survey conducted in April.
This is a dynamic chart created using a consensus of the analysts' dynasty rankings to generate trade values for all relevant players.
Access all UN Trade and Development (UNCTAD) statistics and databases. Explore and download the latest official statistics, gain deeper insight through graphs ...
It will argue that while tariffs might offer short-term protections or advantages to some sectors, they often lead to increased prices, ...
Data on 190 cases comparing China to the U.S. showed the U.S. win rate going from 8% based on price to 32% based on TCO. CMs: Contract ...
Foreign direct investment, net outflows (BoP, current US$) · Foreign direct investment, net (BoP, current US$) · Foreign direct investment, net inflows (% of GDP).
Historically, Spain - Labour cost index: Manufacturing reached a record high of 9.40 % year-on-year in June of 2020 and a record low of -5.60 % year-on-year in ...
Intra-EU exports show a clear long-term upward trend, rising from € 1500 billion in 2002 to peaks above € 4000 billion in recent years (Figure 1). Growth is ...
The rise of services prompts developing countries to look beyond manufacturing-led exports and enable productivity growth across the economic system.
Global Value Chain Development Report 2025 – Executive Summary. The resilience and rewiring of Global Value Chains This report finds that global value ...
Factors Driving Offshoring · 1. Cost Pressures and Wage Inflation · 2. Talent Scarcity Across Critical Roles · 3. Capacity and Speed Demands · 4. 24 ...
Our first main finding is that RTAs increase intra-regional trade and decrease imports from the rest of the world to the region, which is in line with the ...
The anti-globalization movement is an international campaign that opposes corporate globalization and the institutions that facilitate it.
Listed company reorganisation enters new phase in 2025. Pre‑procedures stretch. Industry upgrade becomes core.
The report projects that the value of global services trade will grow by 5.6% annually through 2032, more than double the rate for goods, ...
Cross-border data flows are critical for today's global economic and social interactions. They underpin international business operations, logistics, ...
Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in ...
Real global GDP growth is projected to slow from 3.3 percent in 2025 to 3.0 percent in 2026 before picking up to 3.1 percent in 2027 (see figure ...
In this eloquent challenge to the reigning wisdom on globalization, Dani Rodrik offers a new narrative, one that embraces an ineluctable tension: we cannot ...
Global growth is projected to remain broadly steady over the next two years, easing to 2.6% in 2026 before rising to 2.7% in 2027, ...
World Economic Outlook: Global Economy in the Shadow of War. Washington, DC. April. Publication orders may be placed online, by fax, or through ...
An open, sustainable and assertive EU trade strategy. On 18 February 2021, the European Commission set out its new trade strategy for the coming years.
ASEAN is poised to become the world's fourth largest economy. · By 2030, ASEAN's digital economy is expected to more than double to $560 billion.
Only two cases have been fully adjudicated through use of the MPIA between its founding on April 30, 2020, and the end of 2025 (although the ...
This blog post highlights some key takeaways from the discussion, which brought perspective from both supplier and customer points of view, as ...
Productivity rates are calculated as the total output value of workers divided by hours worked. China is the clear winner in this calculation over most low-cost ...
1988-2022 Indicator HH Market concentration index. Please note the exports, imports and tariff data are based on reported data and not gap filled.
Emerging markets comprise over 80 percent of the world's population and are responsible for nearly 80 percent of global gross domestic product5 (GDP) growth.
Disruptions have already affected Asia-linked trade flows and contributed to higher prices for energy and key industrial inputs sourced from the region. While ...
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