Changing Dynamics of the Global Trade Landscape

A major theme of the year in global trade has been the reshaping of global value chains and the consequent rise in supply chain risk. In response, policy-makers have focused on economic security - reducing unwanted economic dependencies and mitigating the risk of economic coercion. This has helped fuel industrial policy, given new significance to the use of subsidies, and encouraged diversification and 'friend shoring’.
Yet for all this, global trade is continuing. So how much change has actually taken place? Is the world de-globalising? And how have these trends manifested in Asia, Europe and the Americas?
In this podcast, the GTS 2023 season finale, experts discuss how global trade flows are evolving and assess the outlook for the continued regionalisation of trade in 2024.

The AIG Global Trade Series 2023 is a series of podcasts analysing the complex interplay of factors shaping the global trade system. The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the Aspen Institute Germany; CEBRI - the Brazilian Center for International Relations; Chatham House (UK); the Clingendael Institute (The Netherlands); the Institute of International Economic Law at Georgetown University Law Center (US); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).
https://www.aig.co.uk/landing-pages/aig-global-trade-series