The BCG report, titled 'Trade in Transition: How to Prepare for a Patchwork World Order', explores the future of global trade, identifying four possible scenarios. The predominant scenario, 'multinodal trade mosaic', suggests that trade flows will concentrate around four main hubs: the United States, China, Plurilateralists, and BRICS+ without China. It is estimated that the share of the US in global trade will decrease, while China will continue to grow, with a compound annual growth rate of 5.5% with BRICS+.
Plurilateralists, a diverse group of advanced and emerging economies, will experience above-average trade growth due to their commitment to rules-based trade. Additionally, trade between BRICS+ without China and the rest of the world will increase, highlighting a reorganization of global trade relations. BCG emphasizes that leaders who integrate geopolitics into their strategies will have the best chances of success in this dynamic landscape.
Plurilateralists, a diverse group of advanced and emerging economies, will experience above-average trade growth due to their commitment to rules-based trade. Additionally, trade between BRICS+ without China and the rest of the world will increase, highlighting a reorganization of global trade relations. BCG emphasizes that leaders who integrate geopolitics into their strategies will have the best chances of success in this dynamic landscape.
Sources
Latest News
21:10
Nicușor Dan sent the Jewish community a message for the Jewish New Year and emphasized its contribution to Romanian society
21:04
Most EU countries support major cuts to staffing costs in negotiations over the 2028–2034 EU budget
21:03
The Senate proposes electronically verifying insured status through CNAS systems, without a physical certificate
20:44
Dario Amodei warns that AI agents could trigger cyberattacks on a massive scale over the next 6–12 months
20:43
Raisa Enachi leaves the „United for Romania” group and becomes an unaffiliated MP
See more news