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Development Featured News trade World

Trade and Development Chart: Exports to developing economies drive rich-country employment growth

As global trade expands, so does the number of workers in high-income countries whose jobs are tied to exports. More of that growth is generated by exports to low-and middle-income countries than to other high-income countries. Employment generated by exports of goods and services to low and middle-income countries, either directly or indirectly, more than doubled […]

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A window of opportunity: Trade as catalyst for India’s development

Vikhsit Bharat : This is the ambitious goal India has set itself of becoming a high-income country by 2047. But reaching this goal will require India to grow almost 8 percent on average for the next 22 years.  That would mean an acceleration from the 6.6 percent growth per year that India achieved over the last 25 […]