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Trade Liberalisation Undermines Development

Summary by IPS
By Jomo Kwame SundaramZAMBOANGA, Philippines, Feb 10 2026 (IPS) Despite lacking both evidence and theory, many economists claim trade liberalisation accelerates development. But only a few economies have gained many jobs from external market access. Jomo Kwame SundaramInstead, most economies have experienced greater deindustrialisation and food insecurity, besides deepening their vulnerability to recent tariff threats. Multilateral trade liberal…

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  • 100% of the sources lean Left
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IPS broke the news in Rome, Italy on Tuesday, February 10, 2026.
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