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Technology could unwind decade-long trend in global trade

Published Mon, Feb 29, 2016 · 09:50 PM

Washington

TWO of the biggest forces influencing global economic activity over the past three decades - globalisation and automation - have had polar-opposite effects on workers in emerging markets.

Globalisation pushed multinationals to move production to countries with lower labour costs than advanced economies; automation effectively substituted capital for labour in the production process.