13 Hrs
Source:
الشرق
Qatar National Bank: Shift Toward Trade Fragmentation
Qatar National Bank's report indicates that global trade is transitioning from a phase of rapid globalization to a more fragmented stage, characterized by increased restrictions and protectionist policies. This shift is reshaping supply chains and impacting economic growth and prices. After a period of substantial expansion between 2000 and 2024, trade growth has slowed since the 2008 financial crisis. The report highlights a rise in protective measures, with their number reaching approximately 6,000 annually between 2010 and 2020. These restrictions hinder trade flow and threaten global growth prospects, while geopolitical fragmentation is warned to raise costs and affect worldwide productivity.
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