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A new world paradigm
- Source: International Trade Forum, Volume 2018, Issue 1, Mar 2018, p. 10 - 11
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- 18 May 2021
Abstract
In recent years free trade has come under criticism from populists who blame it for every lost factory job. In reality trade has been responsible for fewer job losses than automation, a technological force much harder to reverse. So while trade has made for a popular scapegoat, the truth is cross-border commerce has played an underappreciated role in producing the inclusive global prosperity we have enjoyed over the past 60 years.
© 2018 United Nations