Asia has not decoupled, says UN’s Supachai

The former head of the WTO argues that trade is still key for driving economic growth in the region and says he is concerned about the level of protectionism that has emerged since the global financial crisis.

The world has seen a significant amount of rebalancing in recent years, perhaps most noticeably when it comes to the global economy, where there has been a growing shift towards fast-growing developing economies since the global financial crisis in 20082009.

Contrary to the developed countries in the West, which suffered deep and potentially permanent scars as a result of the crisis, most developing economies, in Asia and elsewhere, have seen V-shaped recoveries that have...

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