Recent Release | 07 Jun 2023
The future of trade and B2B payments
Macro Consulting Team
Oxford Economics
Cross-border trade and business payments are shifting in real time. To help identify opportunities amid volatility, this new report by Convera and Oxford Economics offers insights into how global trade will evolve in coming years.
Global trade has remained remarkably resilient in recent years despite significant disruptions from the pandemic, war, and a shifting geopolitical landscape. Going forward, trade will remain an engine of global economic growth, but there will be a reconfiguration of the global trade landscape to adapt to emerging geopolitical, economic, and environmental realities.
B2B relationships are, and will continue to be, a critical component of global trade growth, supported by enablers such as currency exchange. Government policies will be key in this area. However, any products and technologies that help to simplify and reduce cross-border frictions will also play a pivotal role in driving healthy global trade.
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The experts behind the research
Lloyd and Padmasai, members of the Macro Consulting team, a group of world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques.
Lloyd Barton
Associate Director, Macro Consultancy
Padmasai Varanasi
Senior Economist, Macro Consulting
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