Global trade still growing and flowing – but is becoming more regionalised

Supply chains are becoming increasingly regionalised, particularly in Asia and Europe, while trade intensity is in decline, according to new research on globalisation published today.
While trade is still growing in absolute terms, cross-border goods have declined from 28.1% of the total share in 2007 to 22.5% in 2017, and volume growth has slowed from 2.1 times faster than GDP to 1.1, according to McKinsey’s Globalisation in Transition: the future of …

The post Global trade still growing and...

https://theloadstar.co.uk/global-trade-still-growing-and-flowing-but-is-becoming-more-regionalised/

Power vacuum points to no-deal Brexit, The retreat of globalisation

Commentary: Power vacuum points to no-deal Brexit

Theresa May

By Joergen Oerstroem Moeller in Singapore

With her back to the wall, Theresa May seems to have forged a strategy to achieve her goals, however lofty or improbable they seem. If the opposition parties in parliament and those Conservatives who voted against her in Wednesday’s leadership challenge stand firm against May, the prime minister’s deal with Europe will fail. A power vacuum seems likely to arise in London. Unless May miraculously...

http://www.allaboutshipping.co.uk/2018/12/14/power-vacuum-points-to-no-deal-brexit-the-retreat-of-globalisation/