March 6

Analysis: Driving Global Trade for Development

By Mari Elka Pangestu

No doubt it’s a tough time for global trade, battered by supply chain issues and geopolitical concerns. But there’s a useful metaphor to help navigate our way through these challenges: Keep the bicycle moving. Made famous by Fred Bergsten, founder of the Peterson Institute for International Economics (PIIE), it’s a reminder that continuous sets of actions and initiatives – no matter how big or small – will matter in driving global trade for development.

Photo courtesy of Jerms.

Source: World Bank Blogs (link opens in a new window)

Impact Assessment
impact measurement, international trade, supply chains