The cost of protectionism will be paid by the world's poorest

Quick Summary:

Decades of progress in lifting up with world's poorest in imperilled now that western countries are turning increasingly protectionist.

Through its powerful link to economic growth, international trade has long been a scourge of global poverty.

The most important, and least discussed, consequence of rising protectionist barriers is that low-income countries will find it more difficult to employ trade as an engine of growth.

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Article Details

Author / Journalist: New York Times

Category: Business

Markets: IndiaBangladeshChinaMexicoUnited StatesVietnam

Topics: Bac Ninh International trade Globalisers Poor countries World bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 10:05:02 (1 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1918 words

Reading Time: 11 minutes read

Sentences: 62 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 22335949

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Year Established: 1961

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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