Trade and Human Development

Nearly four billion people live on $2 a day or less. More than a billion of them live in extreme poverty, subsisting on less than $1.25 a day. Since 2003, world trade expanded at an average annual rate of 16 per cent, before collapsing as a result of the global economic crisis in 2009. Despite the growth, the benefits of trade are still unequally distributed both within and across countries. For e...