Trade liberalization may well have worsened unemployment as well as working
conditions besides undermining existing productive capacities and reducing the
policy space for developing better and competitive new economic capacities.
Meanwhile, financial liberalization does not seem to have contributed to
economic growth while exacerbating economic volatility, instability and crises.
This publication advances the analytical debate in elaborating relevant economic
and social policies to achieve more sustainable and equitable development in our
times.