“Trade is in trouble: since the crisis, trade growth has slowed while public scepticism about trade in some countries has grown.”
OECD has recently launched Make Trade Work For All, a paper which makes a case for trade but “argues that we need to start by acknowledging there are some good reasons for some people to be angry.” The paper argues that action must be taken on three fronts:
- Creating domestic environments where trade benefits can materialise;
- Doing more to bring everyone along, particularly in regions facing trade shocks;
- Making the international system work better.
The full report is available through the OECD iLibrary here.
For a brief summary of the paper, a one-page overview is also available, here.