What A Rebound In Global Trade Means For Asia-Pacific’s GDP Growth

rowth in global trade has declined sharply since the 2008-2009 financial crisis. Following a post-crisis bounce in late-2009 and 2010, growth in export volumes globally averaged just 3% during 2011-2013, according to the World Trade Organization, down sharply from an average of 7.5% in the half-decade leading up to the crisis. This slowdown hit Asia-Pacific particularly hard, given the high… More

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