Reimagining International Trade Law: Shifting Focus from Growth to Welfare
The article discusses how recent events like Brexit and the election of Donald Trump have sparked debates about global trade. It questions whether the current trade system benefits everyone equally. The article suggests that the problem may not be with policies, but with the underlying principles of international trade. It explores the idea of shifting the focus from growing the economy to ensuring the welfare of people. This could involve changing how countries handle taxes and regulations, making trade agreements less about boosting the economy and more about improving people's lives.