While news relevant to the US and Europe took center stage at WEF’s Annual Meeting at Davos last week, the conversation extended to the broader global landscape, too. The evolving dynamics of global trade, in particular, was a key focus area.
“The ongoing shifts in global trade are one part of the evolving geopolitical landscape of which organizations are well aware,” write McKinsey’s Jeongmin Seong, Olivia White, Michael Birshan, Sven Smit, and coauthors. Although all economies engage in trade, each has its distinct footprint, which can be analyzed using four measures:
- Trade intensity
- Geographic distance traveled by trade
- Geopolitical distance traveled by trade
- Import concentration
Dive into McKinsey Global Institute’s analysis on the changing geometry of global trade, then broaden your perspective with some of our latest insights on Asia, Africa, and Latin America.
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