Sluggish trade growth in 2013 is due to the combination of stagnant import demand in developed econ

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HIGHLIGHTS Forecasting Trade 2014 was raised to 4.7% against 4.5% previously, which is still below the average of 5.3% over 20 years (1983-2013). An increase of 5.3% is expected for 2015. Risks to this forecast room and board outlet are attenuated in developed economies, but they have increased in developing countries room and board outlet since the end of quantitative easing has increased market volatility financiers. The world merchandise trade volume grew by 2.1% in 2013, which is very close to the 2.3% increase recorded in the previous year. Trade flows in developing economies became negative room and board outlet in mid-2013, as exports and imports fell 1% each between the first and second semester. Developed economies have experienced a modest recovery, with a 1% increase in exports and 1.5% of imports during the same period.
Although the figure of 4.7% forecast for 2014 is more than double the 2.1% increase recorded last year, it remains room and board outlet below the average of 5.3% observed over 20 years. For the past two years, the average growth did not exceed 2.2%.
Sluggish trade growth in 2013 is due to the combination of stagnant import demand in developed economies (-0.2%) and moderate import growth in developing economies 1 (4, 4%). On the export side, the developed economies and developing economies have shown only modest increases (1.5% for developed economies and 3.3% for developing economies).
"For two years, trade growth is anemic. Going forward, if the GDP forecasts are confirmed, room and board outlet we expect widespread but modest recovery in 2014, followed by a consolidation of growth in 2015," said Director General room and board outlet of the WTO Roberto Azevedo. "It is clear that trade will improve as the global economy improves. But I know that for WTO Members, it is not enough to wait for an automatic increase of trade.
We actively support the growth of trade in updating the rules and entering room and board outlet into new trade agreements. The agreement reached in Bali last December is an illustration.
The conclusion of the Doha Round would create a solid foundation for future trade and constitute a powerful incentive in the current context of slowing growth. room and board outlet We are currently looking for new ideas and new approaches that help us fulfill this task. - And do it quickly "
Several factors have contributed room and board outlet to the low level of trade and production room and board outlet in 2013, including the lingering effects of the recession in the EU, the highest in the economies of the euro area unemployment (with the notable exception of Germany) room and board outlet and uncertainty room and board outlet as to the date on which the Federal Reserve would end its monetary stimulus in the United States. These measures have contributed to the financial volatility observed in developing economies in the second half of 2013, especially in some "emerging" economies with current account deficit is largely.
The preliminary estimate of 2.1% growth in world trade in 2013 is the average of exports and imports of goods in volume, that is to say, it is adjusted to account for differences of rates inflation and exchange rates between countries. It is slightly less than the latest WTO forecast published last September, which was 2.5%. The main reason for this difference is greater than expected decline