Imagine playing a football match with half of the team seated on the bench. Or rowing a boat with only one oar. Or playing a game of chess without the full complement of rooks and knights. The results of all three of these scenarios would be sub-optimal. Now imagine trying to recover from one of […]
Former Minister of Foreign Affairs, European Union and Cooperation of Spain; former Executive Director of the International Trade Centre.
International trade and market openings do not necessarily lead to inequality, but they do, by definition, have uneven effects.