The Global Trade Slowdown: A New Normal? - A New CEPR-EUI eBook

The post-Crisis decline in the growth rate of the ratio of global trade to GDP has been cause for some concern that global trade has peaked, and that we are now reaching a new normal in which trade levels will be weak in comparison to about a decade ago. Whether such a peak in trade was a defining moment in global trade or whether it is a cyclical phenomenon is one of the questions this eBook addresses. Bernard Hoekman is the editor of this joing CEPR-EUI publication.

The eBook is available for download here.