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Globalisation series: The role of services in global trade

Tue 20 Feb 2018

OMFIF Focus Podcast – Globalisation series: ‘The role of services in global trade.’ Lucian Cernat, chief trade economist at the European Commission, joins Ben Robinson, senior economist at OMFIF. They discuss changing patterns of trade and investment resulting from the growing importance of services to production, competitiveness and employment. They address the dominant role of foreign direct investment in delivering services, as well as the implications for current account balances and modern trade policy design.