What Prompted the Global Trade Slowdown?
Global trade has been disappointing following the 2007-2009 financial crisis. Beginning in the mid-1980s, the world economy entered a phase of rapid globalization, during which global trade consistently outpaced global GDP growth due to technological advances and policies that embraced economic integration. Trade collapsed during the financial crisis and the propensity to trade has stopped rising. This flattening has implications for the U.S. and the world, and policymakers need to understand the reasons for the slowdown and prospects for the future.
The Scholl Chair in International Business at CSIS will be releasing a new electronic report on the global trade slowdown on Tuesday, September 15, 2015. Please join us at the rollout event, where we will hear remarks from BHP Billiton CEO Andrew Mackenzie and discuss the report with USTR Policy Planning Director Ed Gresser.
Please RSVP to schollchair@csis.org
Opening Remarks:
Andrew Mackenzie
CEO, BHP Billiton
Presentation:
Scott Miller
Senior Adviser and Scholl Chair in International Business, CSIS
Discussion:
Ed Gresser
Policy Planning Director, Office of Trade Policy and Economics, Office of the United States Trade Representative
Scott Miller
Topics
Trade and Economics
What Prompted the Global Trade Slowdown?
Global trade has been disappointing following the 2007-2009 financial crisis. Beginning in the mid-1980s, the world economy entered a phase of rapid globalization, during which global trade consistently outpaced global GDP growth due to technological advances and policies that embraced economic integration. Trade collapsed during the financial crisis and the propensity to trade has stopped rising. This flattening has implications for the U.S. and the world, and policymakers need to understand the reasons for the slowdown and prospects for the future.
The Scholl Chair in International Business at CSIS will be releasing a new electronic report on the global trade slowdown on Tuesday, September 15, 2015. Please join us at the rollout event, where we will hear remarks from BHP Billiton CEO Andrew Mackenzie and discuss the report with USTR Policy Planning Director Ed Gresser.
Please RSVP to schollchair@csis.org
Opening Remarks:
Andrew Mackenzie
CEO, BHP Billiton
Presentation:
Scott Miller
Senior Adviser and Scholl Chair in International Business, CSIS
Discussion:
Ed Gresser
Policy Planning Director, Office of Trade Policy and Economics, Office of the United States Trade Representative
Scott Miller
Topics
Trade and Economics