In addition, the patterns of production and trade may be changing, and a tendency to shorten global supply chains might also be playing a part in 2  See Teulings, C. and R. Baldwin (2014): “Secular Stagnation: Facts, Causes and Cures”, a VoxEU.org eBook.
2  the observed deceleration of the measured cross-border flows of goods and services.3  Not surprisingly, these developments and the hardship they have implied for wide segments of society, have fostered the surge of a strong antiglobalization sentiment, particularly in some of the main AEs.