Skip to main content

Globalization in transition: The future of trade

Global value chains are being reshaped by rising demand and new industry capabilities in the developing world as well as a wave of new technologies.

Although trade tensions dominate the headlines, deeper changes in the nature of globalization have gone largely unnoticed. In a recent McKinsey Global Institute report we analyzed 23 industry value chains spanning 43 countries to understand how trade, production, and participation changed from 1995 to 2017. Grouping these value chains into six archetypes based on their trade intensity, input intensity, and country participation reveals diverging pathways. We see that globalization reached a turning point in the mid-2000s, although the changes were obscured by the Great Recession.

Request your invite to our exclusive webcast led by Partner Susan Lund and Senior Fellow Mekala Krishnan of the McKinsey Global Institute as they discuss their findings and answer your questions live.

April 23, 2019. 10-11 a.m. ET; 3-4 p.m. GMT.



McKinsey & Company is committed to protecting your information. Your information will be used in accordance with the applicable data privacy law, our internal policies and our privacy policy. As McKinsey is a global organisation, your information may be stored and processed by McKinsey and its affiliates in countries outside your country of residence, but wherever your information is processed, we will handle it with the same care and respect for your privacy.

About the presenters

Partner, Washington, D.C.

Susan Lund

Susan is a partner at McKinsey & Company and a leader of the McKinsey Global Institute, based in Washington, DC. She is an expert on global labor markets, financial markets, and trade. Her latest research assesses how new technologies and shifts in demand are impacting global trade and value chains. Recent research analyzed the effects of automation and artificial intelligence on the future of work and workforce.
Senior Fellow, Boston

Mekala Krishnan

Mekala is a senior fellow at the McKinsey Global Institute (MGI), McKinsey’s business and economics research arm.

Her recent research has focused on topics related to inclusive growth and economic development, including productivity growth in advanced economies, global gender economics, women’s role in labor markets, and urbanization. Other research she has conducted focuses on business subjects, such as corporate performance and financial-market returns. Mekala is a frequent speaker on these topics as well as broader global trends.