Report
Patrick Artus

How is trade between OECD countries and non-democratic countries evolving?

We often talk about the separation of the world into two groups of countries: the group of democratic countries (of which the OECD is a part), and the group of non-democratic countries (which is large, but we will limit ourselves to China + Russia + Turkey). We will also look at developments in Africa where a growing number of countries are moving closer to China and Russia. It is often asked whether the political and ideological separation of the world between these two groups could lead to economic and commercial separation. We therefore look at recent developments in: Trade flows; Direct corporate investment in both directions, between the OECD and China + Russia + Turkey as a whole, and also between the OECD and Africa. We see that the only exchanges that are declining (all the others are increasing) are: Trade with Africa; Capital exchanges (direct investments) with Russia.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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