Commentary
Uri Dadush
{
"authors": [
"Uri Dadush"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "",
"centers": [
"Carnegie Endowment for International Peace"
],
"collections": [],
"englishNewsletterAll": "",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "",
"programs": [],
"projects": [],
"regions": [
"North America"
],
"topics": [
"Economy",
"Trade"
]
}
Source: Getty
In The Media
Trade, Development, and Inequality
The most powerful underlying force driving increased inequality is not trade by itself but skill-biased technological change.
By Uri Dadush
Published on Oct 28, 2015
Source: Current History
To trade or not to trade? Judging by the narrow vote by the US Congress in June 2015 to grant President Barack Obama fasttrack negotiating authority for trade agreements, the answer today remains in the affirmative, as it has for decades—but resistance is on the rise. According to the many opponents of such deals, trade is a bitter medicine to be taken only in small doses while guarding carefully against its dangerous side effects. If new trade deals are to go ahead at all, the critics say, they should include strict safeguards, such as provisions to uphold environmental and labor standards, and penalties for currency manipulation. Although the trade debate in the United States, the architect of the postwar global trading system, tends to draw the spotlight, the hand-wringing over trade is even more intense in the developing world. Since developing countries protect their home markets more comprehensively than the United States does, the stakes in their trade debates are higher...This article was originally published in Current History.
Read Full Text
About the Author
Uri Dadush
Former Senior Associate, International Economics Program
Dadush was a senior associate at the Carnegie Endowment for International Peace. He focuses on trends in the global economy and is currently tracking developments in the eurozone crisis.
- The Labors of Tsipras
- Greece, Complacency, and the EuroIn The Media
Uri Dadush
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie China
- Who Paid for China’s Last Debt Cleanup, and Who Will Pay for the Next?Commentary
China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.
Michael Pettis
- The Xi Doctrine Zeros in on “High-Quality Development” for China’s Economic FutureCommentary
In the latest Five-Year Plan, the Chinese president cements the shift to an innovation-driven economy over a consumption-driven one.
Damien Ma
- Today’s Rare Earths Conflict Echoes the 1973 Oil Crisis — But It’s Not the SameCommentary
Regulation, not embargo, allows Beijing to shape how other countries and firms adapt to its terms.
Alvin Camba
- How China’s Growth Model Determines Its Climate PerformanceCommentary
Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.
Mathias Larsen
- What’s New about Involution?Commentary
“Involution” is a new word for an old problem, and without a very different set of policies to rein it in, it is a problem that is likely to persist.
Michael Pettis
