The structure of the world economy is undergoing changes owing to technological progress and digitalization. The transition from a mono-centric model to fragmentation into platforms has been aggravated by the crisis in the world trade system and growth of protectionism in various forms. Against this background, the share of intermediate goods in global trade is growing rapidly. At the same time, industries are shifting to high-tech, knowledge-based applications with a growing share of services value, and the effective participation by economies in value chains as drivers of economic growth and integration into global trade is increasing. How will world trade be organized and how can we adapt to the new economic paradigm of the 21st century? Which combination of tools will be most effective in ensuring quality and beneficial integration into Global Trade 2.0?
