Observatoire des droits humains (anglais seulement)

Amid rising tensions, ‘friendshoring’ might keep global trade alive

(Version anglaise seulement)

par Carlo Pietrobelli, Professor of Economics, UNESCO Chair, United Nations University
Michele Delera, Affiliated Researcher, UNU-MERIT, United Nations University
Nicolò Geri, PhD Candidate, Economics, Sapienza University of Rome

The world economy is at a crossroads. International trade is slowing, economic uncertainty is rising, and trade between the US and China – the world’s two largest economies – risks pulling apart. And it is not just trade: the two countries also invest less in each other than they did just a few years ago.

What is driving this reconfiguration of trade? For some large economies, including the US under President Donald Trump, a desire for greater…

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