The global economy is now facing a period of significant transformation. Over the past few decades, the global economy has been integrated based on trade liberalization and global supply chains, but in recent years, tariffs and intensifying geopolitical conflicts have cracked the existing order.
Professor Ann Krueger examines the prospects
for global growth and discusses what strategic choices open economies such as Korea should make. It presents a diagnosis of whether the current international economic environment, which is intensifying conflict, is only a temporary phenomenon or a sign of a deeper structural transformation, and suggests a new path for the multilateral trade system based on cooperation.
