Trade Wars and their Influence on the Global Economy

12:00 - 13:30 Hall C 1st Floor

One of the main themes of this year has been the issue of protectionism. China, the EU and other export-reliant countries are worried about Donald Trump's policy of economic nationalism. Automation and digitalization have continued to disrupt the attractiveness of the cheap labor market in less developed countries, while technological breakthroughs mean that raw materials and foodstuffs have become practically worthless on world markets. These are just a few factors which have significantly reduced the competitiveness of countries that did not have time to restructure their economies to accommodate rapidly changing global trends.

What trends will define the future of the global economy? What should emerging countries focus on in order to remain competitive against developed countries in international markets? What should Ukraine’s strategy be in this rapidly changing environment?

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