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
Trade, Development, and Inequality
The most powerful underlying force driving increased inequality is not trade by itself but skill-biased technological change.
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
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 TsiprasCommentary
- 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 Russia Eurasia Center
- Georgia’s Fall From U.S. Favor Heralds South Caucasus RealignmentCommentary
With the White House only interested in economic dealmaking, Georgia finds itself eclipsed by what Armenia and Azerbaijan can offer.
Bashir Kitachaev
- Does Russia Have Enough Soldiers to Keep Waging War Against Ukraine?Commentary
The Russian army is not currently struggling to recruit new contract soldiers, though the number of people willing to go to war for money is dwindling.
Dmitry Kuznets
- Lithuania’s Potash Dilemma Raises Questions About Sanctions’ EffectivenessCommentary
What should happen when sanctions designed to weaken the Belarusian regime end up enriching and strengthening the Kremlin?
Denis Kishinevsky
- Venezuela Is No Oil Eldorado, Despite U.S. and Russian ClaimsCommentary
Geological complexity and years of mismanagement mean the Venezuelan oil industry is not the big prize officials in Moscow and Washington appear to believe.
Sergey Vakulenko
- Including Russia on the EU Financial Blacklist Will Hurt Ordinary People, Not the KremlinCommentary
The paradox of the European Commission’s decision is that the main victims will not be those it formally targets. Major Russian businesses associated with the Putin regime have long adapted to sanctions with the help of complex schemes involving third countries, offshore companies, and nonpublic entities.
Alexandra Prokopenko