Trade and Poverty: Is There a Connection?
Trade and Poverty: Is There a Connection?, a research based article produced for the World Trade Organisation, discusses if there is a connection between trade and poverty. Openness and trade liberalisation are now seen by many as key components of the national policy policy required for economic growth and aggregate economic well-being. However, the continued existence of widespread and abject poverty perhaps represents the greatest failure of the contemporary global economy and the greatest challenge it faces. The broad conclusion of the report is that the link between trade policy and poverty is evidently a very complex topic for which few generalizstions are possible but poses a set of questions to consider about any trade policy reform.