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Arancha Gonzalez Quotes

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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.

Economic policy that adheres to the tenets of orthodoxy while failing to deliver for large sections of society is doomed to fail.

Some of the anti-trade sentiment is the result of rising wealth inequality and stagnating real wages.

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...

If governments start to go it alone on trade, it will become harder, not easier, to generate the jobs and rising incomes that angry electorates want.

Inward-looking unilateral trade policies invite retaliation.

In a climate where governments are limited in what they can spend, trade and investment offer a path to fiscally responsible growth.

Trade and investment are good for innovation - open economies allow new ideas and technologies to diffuse more quickly from wherever they are created.

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.

I think that when voters react negatively to trade and investment, they are really expressing their angst about the pace of technological change.

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.

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.

The factory work that lifted millions out of poverty in places like China and Vietnam probably did cost some workers in North Carolina and Wallonia their jobs.

The fact is that during the post-1989 heyday of globalization optimism, political and business elites did not think enough about the prospect - plainly predicted in economic theory - that trade would harm some people even while leaving society as...

Africans don't just need more jobs: they need better jobs.

Growth without diversification, technological improvement, and increased productivity is easily reversed: all it takes is a dip in commodity prices.

Exporting firms are more productive and pay higher wages than their domestically focused counterparts, especially in places like Sub-Saharan Africa. If firms manage to thrive in world markets, they tend to increase their productivity even more.

Responsive governments committed to improving the broader trade facilitation and business environment can help companies of all sizes by improving infrastructure: roads, transportation, ports, information and communication technology, and electricity.

Japan has huge potential in women - potential, especially in the area of the economy, that Japan is not using fully.

You only have a problem when you admit you have a problem.

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