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International Trade

Free, Fair and Open?

image of International Trade
International trade affects the price and availability of practically everything we buy. It also plays a role in many other domains, including jobs, the environment and the fight against poverty. OECD Insights: International Trade argues that prosperity has rarely, if ever, been achieved or sustained without trade. Trade alone, however, is not enough. Policies targeting employment, education, health and other issues are also needed to promote well-being and tackle the challenges of a globalised economy.

"The OECD is a major source for insightful analyses of current trade issues. It also plays a role in disseminating skilfully the results of less accessible writings on trade. This short book is a valuable addition to the latter endeavour and should be on the shelf of policy makers." 

-Jagdish Bhagwati, Columbia University

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Trade and Development

Sustained growth and development have rarely if ever been achieved in countries that have refused to open up to trade and investment. Trade alone though is not enough. Many other factors contribute to development, including education, infrastructure, governance, and institutions. It is only when progress is made on all these fronts that developing countries will be able to harvest the full benefits that come from integration into the global trade and investment system.

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