Summary
MOST items of economic commentary assume that the collapse of the current, ailing round of world trade talks would be a tragedy for rich and poor countries alike.
Not this one. As negotiations appear likely to flicker into life once more, deep scepticism rather than cheerleading seems Even if it could be proved that reducing trade barriers would result in higher growth, there is no guarantee that this extra growth would be spread evenly round the world.See the full content of this document
Extract
Free-Trade Boost Is a Fantasy
Nor is this an issue solely for developing nations.
Britain's balance of payment figur...See the full content of this document
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