A continued slump in goods trade. An evolving technological landscape. The Global South is gaining weight. A rethink of development strategies is both timely and timeless. Changing patterns of world trade are posing new challenges to the Global South, urging a broader policy approach to revitalizing development in the age of public discontent. After stagnating in 2023, international trade is projected to grow by about 2% in real terms in 2024, according the latest Trade and Development Report released on 29 October. The rebound is mainly driven by a revival of…
Read MoreThe reshaping of global trade: How developing countries can strategize
