Emerging markets are primed for global trade. With steadily growing populations, middle-class communities in multiple countries on the rise and more flexible currency regimes, these factors, and more mean emerging markets are “primed for globalization”.
In short, there is a willingness for increased trade among developing economies despite ongoing protectionist rhetoric from US President Donald Trump and a handful of others. In partnership with Standard Chartered’s Global Research team, we take a brief look at protectionist history and why supply chains bode well for global trade.