Globalisation and deglobalisation in emerging market economies: facts and trends

This paper discusses different facts and trends with regard to globalisation in emerging market economies (EMEs). It focuses primarily on the real (as opposed to financial) side of the economy over the last 2-3 decades, and highlights important similarities and differences across countries with respect to trade, global value chains, foreign direct investment, and migration. It concludes with a discussion of the recent slowdown in the growth of global trade.