; Trade Flows in Emerging Markets: A Grand Force in the Global Economy
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Trade Flows in Emerging Markets: A Grand Force in the Global Economy

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As the dust continues to settle following one of the worst economic slumps since World War II, people find themselves in an environment where one thing is crystal clear: Emerging markets are reshaping the face of global trade like never before. The signs are hard to miss. Over the past decade, the growth of developing countries accounted for 70% of world growth. Exports from these markets now account for 37% of global trade volumes. The growth of global trade among emerging economies in particular is remarkable. At the same time, it is vital that all interested parties, including the OECD, World Trade Organization, financial institutions, official agencies and corporations, make their case to regulators to help them understand the ramifications of proposed new rules. The future of global trade is at stake.

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