While conflicting statistics on global trade somewhat cloud the picture, the industry is clearly rebounding, though modestly, according to The Economist. Still, Caroline Freund of the World Bank warned of a "risk of stagnation" this year. Economists at the World Bank said the value of world trade is almost 30% more than its lowest point, but it remains 20% less than what it was before the financial crisis. "World trade may be on the mend, but its recovery is far from complete," The Economist notes.
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