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Ever since the first power looms put weavers out of work in the late 18th century, technology has increased productivity but threatened jobs for humans.
Predictably, open markets made it possible for countries to drive rapid growth by hitching their wagon to the world economy and using global demand to pull people and resources out of subsistence activities into more productive work.
Look at a map of the world: the countries which do not trade much, or which trade only in oil and gas, tend to be in regions which suffer the most social and political instability.
Policy and business elites did not speak frankly about the unequal distribution of benefits from trade and failed to adequately accompany market-opening with good domestic policies to equip displaced workers to upskill, adjust, and share in the new opportunities being created.
The populists are right in one key area: voters want jobs and equitable growth, and can hardly be faulted for that. The challenge is to find a more inclusive growth trajectory that can be sustained economically, ecologically, and politically.
For Latin American countries seeking to play a bigger role in global trade, effectively implementing trade-facilitating reforms could be an important tool in their toolkits.
What exactly is trade facilitation? In a nutshell, it is an effort to enable global trade by reducing red tape and streamline customs. In even simpler words: making it easier for companies to trade across borders.
Around the world, it is much more difficult for women than for men to run a successful business. Even when laws are not explicitly biased against them, companies owned and operated by women often face discrimination every step of the way, from obtaining finance to finding customers.
ITC works to help firms in poor countries become more competitive and overcome the barriers that are keeping their goods and services out of international markets.
Economic desperation often drives wildlife destruction like poaching or illegal logging. But trade can help create powerful financial incentives for communities to preserve the biodiversity around them.