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Trade Engine Shifts Down Just As Global Growth Needs A Boost

Posted October 14, 2014

Under Economic Issues, International Trade Issues

(Krista Hughes – Reuters)

Policymakers scrambling to keep the world economy from settling into the "new mediocre" of sluggish growth can no longer rely on global trade to do the heavy lifting.

International trade helped the global economy tide over rough spots over two decades before the financial crisis, when it grew nearly twice as fast as economic output, but this engine is running out of fuel. Read more here.