.@BekkersEddy (@wto) and @goescarlos (@UCSD) find that a potential decoupling of the global trading system into two blocs – a US-centric and a China-centric bloc – would reduce global welfare in 2040 compared to a baseline by about 5%.
29 March 2022
https://voxeu.org/article/impact-geopolitical-conflicts-trade-growth-and-innovation

🐦🔗: https://nitter.eu/lugaricano/status/1513501639646269442