Trade and the Global Supply Chain

Abstract

Global trade is having a hard time not only through recent tendencies towards rising nationalism, stronger protectionism, and regional and global disintegration risks. According to the 18th Global Trade Alert Report by the London-based Centre for Economic Policy Research (CEPR), governments all over the world imposed 539 trade restrictions in the first 10 months of 2015, of which the G20 were responsible for 443 (Evenett and Fritz 2015). In comparison, 141 trade facilitation measures, i.e., supportive actions, have been established in the same period.