Constantinescu, Cristina; Mattoo, Aaditya; Ruta, Michele - 2016
After sharply declining in the first half of 2015, world trade began to grow, albeit at a slow pace. Preliminary data … indicate that merchandise import growth was 1.7 percent in 2015, down from 3 percent in 2014. Recent trade developments should … be seen in the context of a deceleration in trade growth since the early 2000s, and particularly since the global …