In brief... Sharing the fruits of trade
One of CEP's core research themes is the impact of trade openness on countries, firms, regions, communities and sectors.Two recent studies confirm the gains from opening up trade - but recognise that addressing the uneven outcomes of globalisation is as big a challenge as pursuing liberalisation in the face of entrenched interests.
Andrew B. Bernard, Guy Michaels, Stephen J. Redding and Peter K. Schott
June 2007 Paper Number CEPCP225