Openness as the key to a dynamic global economy One of the key questions facing the global economy is whether the trend towards ever greater economic openness, which has defined the last three decades, is coming to an end. Temporary trade barriers have indeed risen from covering around 1% of products in 2000 to more than 2.5% today, with the crisis accelerating this pattern.
The same is true of anti-dumping actions.4 That said, at the global level openness is still viewed favourably; three-quarters of people 1/7  BIS central bankers' speeches  consider growing trade and business ties with other countries to be a positive trend.