The disinflationary benefits of globalisation have been manifested in China’s contribution to lower global inflation over the last decade, through lower import prices of manufactured goods, more specifically clothing and footwear. India has also played an important role through the supply of low-cost knowledge based services such as in the field of information and communications technology (ICT).
Today, Emeritus Professor Allan Buckwell, research director of the RISE -Rural Investment for a Sustainable Europe - Foundation, will share with us his expert insights into how the green transition is altering the EU Common Agricultural Policy. Some aspects of this are likely to be particularly relevant for Lithuania.