How can trade and investment drive growth and development?
International trade and investment are important drivers of economic growth and development, and crucial for the success of individual businesses. However, shifting geopolitics, new business models and changing societal expectations are creating new challenges.
The spread of international production networks, growth in the digital economy and the strengthening role of investment as a determinant of trade are all gamechangers for international cooperation. Societal unease with globalization is evident in debates on the power of corporations, employment, labour and environmental standards, and taxation.
Successful change requires an understanding of the new dynamics of commerce, inspiring narratives, operational and strategic integration, the reallocation of resources and results-oriented leadership.
Source:https://www.weforum.org/system-initiatives/international-trade-and-investment
