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  "documentTitle": "Trend 2050 Economics and Business",
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  "authorName": "Roland Berger",
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  "notes": "Includes a trend line and specific country callouts (China, India, Vietnam, Ireland, Cambodia, US, Ukraine, Venezuela).",
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      "text": "Looking at more than three decades of country-level data, there is a notable correlation between economic growth and trade: countries with higher export growth rates also tend to have higher GDP growth rates",
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      "text": "Average growth rate of real GDP and trade, 1990-2023 [%]",
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      "text": "Looking at more than three decades of country-level data, there is a notable correlation between economic growth and trade. Although correlations shown here do not establish causality, current economic opinion indicates that trade has a positive impact on GDP growth. Research describes a positive relationship between trade and growth via three mechanisms: access to foreign markets, economies of scale, and competitive pressures.",
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      "text": "Source: Oxford Economics; World Bank; Roland Berger",
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      "text": "Economic growth and trade display a clear correlation: Countries with high rates of export growth tend to have higher GDP growth rates",
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