March 1, 2004Economy

Responding to free-trade dynamics

Bill Clinton’s former economic advisor suggests five principles that could form part of a public policy response to globalisation

This is an archived blog post from The Acorn.

[Gene Sperling/Washington Post]

I think he has a point here, but all these principles can be put to practice only when the mindless demagoguery has tapered off.

Meanwhile in India, protectionist fears ever-present below the surface have started raising their head. It appears that India is now considering going slow on all the free-trade agreements. I would hate to see a repeat of the protectionist campaign speeches in India’s April general elections.



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