More inclusive trade: a new global imperative

South Africa - 30 October 2017

Contrary to popular belief, globalisation is not the primary cause of job losses in the world today. In fact, trade and investment have been vital instruments in stimulating economic growth, particularly in the developing countries, and lifting millions out of poverty. Yet technology is changing the nature and availability of work and there is growing pressure to adapt. In 20 years’ time, about 50% of today’s jobs will have become obsolete. This was the message from World Trade Organization Director-General Robert Azevedo in his opening address at the 2016 WTO Public Forum which took place in Geneva, Switzerland from 27–29 September.

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