Chile has seen an overall growth in its economy but behind this success story, there are some heavy costs. Regional trade agreements have thrown the workers further into poverty.
If the new trade agreements are skewed in favor of Europe’s rich countries, then they are more likely to increase rather than reduce poverty.
Regional Trade Agreements between equal partners can be beneficial to both – but between a rich and a poor economy, the stronger economy always comes out on top.
Globalization and trade have drawn millions of women in developing countries into paid work. But women workers are systematically being denied their fair share of the benefits from their labor.
Trade robs poor people of a proper living, and keeps them trapped in poverty. How? Watch these interactive diagrams.
Trade generates incredible wealth, and links the lives of everyone on the planet. However, millions of people in poor countries are losing out because the rules controlling trade heavily favour the rich nations that set the rules.