I also want to thank the British for showing the United States the way to creating a global trade system that enabled nations to copy the foundations of progress.
Spot on. There has never been an era of faster growth for the poorest segment of humanity than the past 30 years. Neoliberalism and global trade were essential for this to blossom. The political tides turning on this are extremely misguided.
Are you optimistic on the future of trade? Global trade as a percentage of gdp has stagnated since the late 2000s. Do you see another wave of globalisation in the coming decades?
I also want to thank the British for showing the United States the way to creating a global trade system that enabled nations to copy the foundations of progress.
The Brits did it first!
Spot on. There has never been an era of faster growth for the poorest segment of humanity than the past 30 years. Neoliberalism and global trade were essential for this to blossom. The political tides turning on this are extremely misguided.
Are you optimistic on the future of trade? Global trade as a percentage of gdp has stagnated since the late 2000s. Do you see another wave of globalisation in the coming decades?
Have you read anything by Richard Baldwin? He wrote "the great convergence". Probably the best trade economist of the century (so far).