How geopolitics is changing trade

Yet, empirical evidence that geopolitical concerns are already materially affecting trade patterns is scant.

Metadata
Provider: 
ECBECB
URL: 
https://www.ecb.europa.eu//press/economic-bulletin/focus/2024/html/ecb.ebbox202402_02~c81f58179e.en.htmlhttps://www.ecb.europa.eu//press/economic-bulletin/focus/2024/html/ecb.ebbox202402_02~c81f58179e.en.html
Retrieved on: 
Wednesday, April 3, 2024
Information
Tags: 
Civil service commission, Conference, Conflict resolution, ICC, ECB, M.A, International, COVID-19, Public, Journal, United Nations, Journal of Conflict Resolution, Oxford Economic Papers, IMF, Commerce, International Monetary Fund, GDP, Geopolitics, Future, European Commission, Literature, American Economic Review, Elasticity, International Chamber of Commerce, Language, UN, Rare-earth element
Geotags: 
BORDER, NO, DC, UKRAINE, EU, CHINA, UNITED STATES, GERMANY, RUSSIA, WASHINGTON
Summary
Key Points: 
  • Yet, empirical evidence that geopolitical concerns are already materially affecting trade patterns is scant.
  • The impact of geopolitical distance on trade is heterogeneous: in particular, geopolitical considerations mostly affect European trade in strategic products.
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