Today, the US Chamber of Commerce released “Preventing Deglobalization: An Economic and Security Argument for Free Trade and Investment in ICT,” a study produced jointly in collaboration with Rhodium Group and law firm Covington & Burling. The report explores the economic, legal, and policy implications of reversing trends in globalization, particularly in information and communication technologies. As countries debate the merits of ICT nativization, Rhodium’s task was to examine the cost and welfare impact of such policies. Rhodium’s economic analysis used economic modeling to estimate the impact of Chinese ICT deglobalization on its GDP and productivity.
The full report and summaries published by the US Chamber are available here.