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N° 272 |
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| November 2007 |
China and India
The New Big Players in International Trade |
Françoise Lemoine
Deniz Ünal |
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| After a long absence, China and India are returning to the world economic stage. The breakthrough they have made in international trade has for the past decade borne witness to their strong presence in industries linked to the digital revolution. Their ascension is having far-reaching effects on global supply and demand for goods and services. They are the hubs of a new international division of labour and are making increasingly significant contributions to global growth, even though they cannot yet pull the growth of the rest of the world by themselves. |
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