Global Value Chains: Impacts and Implications - Center on ...
Global Value Chains: Impacts and Implications - Center on ...
Global Value Chains: Impacts and Implications - Center on ...
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1000<br />
900<br />
800<br />
700<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
Rising oil prices d<strong>on</strong>’t seem to be having<br />
a major impact <strong>on</strong> global trade<br />
Index<br />
1983 = 100<br />
Oil Prices <str<strong>on</strong>g>and</str<strong>on</strong>g> <str<strong>on</strong>g>Global</str<strong>on</strong>g> Trade<br />
1983 1990 1995 2000 2005 2009<br />
*U.S. dollars per barrel, near m<strong>on</strong>th Cushing future <strong>on</strong> NYMEX.<br />
Data: WTO <str<strong>on</strong>g>and</str<strong>on</strong>g> U.S. Department of Energy<br />
Source: Office of the Chief Ec<strong>on</strong>omist, DFAIT<br />
World<br />
Manufacturing<br />
Imports<br />
Oil Price*<br />
13
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