Global trade hits $33 trillion in 2024, showcasing globalization's resilience against protectionist challenges.

Economic globalization persists despite challenges like protectionism, with global trade expected to reach a record $33 trillion in 2024. This growth is fueled by digital trade and services, showing resilience against political headwinds. Regional agreements like the RCEP and CPTPP support open development, while efforts toward a digital and green economy continue. To address issues like income inequality, a more inclusive form of globalization is needed.

2 months ago
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