-
The Future of Global Trade in an Age of Uncertainty: Challenges and Opportunities
As we move further into the 21st century, global trade is facing a rapidly changing landscape. A decade ago, the prevailing view was that free trade, globalization, and the interconnectedness of markets were inevitable forces that would continue to drive economic growth and prosperity across nations. The World Trade Organization (WTO) was the symbol of a rules-based global trade system, and the expansion of trade liberalization seemed poised to benefit both developed and developing countries alike. However, recent years have seen a series of seismic shifts that have fundamentally questioned the assumptions underpinning this vision. From the disruptions of the COVID-19 pandemic to the rise of protectionism, geopolitical tensions, and…