22.09.2016 - Is global trade suffering from 'cardiac arrest?'
Global trade is stuck in a deep malaise and may even be suffering from "cardiac arrest." That's the grim warning in new research released by the Organisation for Economic Co-operation and Development (OECD), which warns of serious consequences for living standards if trade growth does not rebound. OECD researchers found that annual growth in global trade has fallen dramatically from 3.4% before the financial crisis, a catastrophic economic event that marked the end of two decades of rapid expansion.............................................Full Article: Source
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