Convergence, the narrowing of the income gap between poor and rich countries, is one of the great stories of our time. A recent report shows that convergence has slowed in recent years, and that productivity in developing countries is not rising rapidly enough in key sectors. […]
The Transatlantic Trade and Investment Partnership initiative is a grand plan for revitalizing economic growth and enhancing international competitiveness. While Brussels and Washington work to reach a deal, large numbers of interested third countries—even major EU and U.S. trade partners—are left out. […]
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