Arancha Gonzalez Quotes


Predictably, open markets made it possible for countries to drive rapid growth by hitching their wagon to the world economy and using global demand to pull people and resources out of subsistence activities into more productive work.


Citations

González, Arancha. "Making Trade Work for All." Project Syndicate, 20 Dec. 2016.

Related Quotes

Foreign trade creates jobs and eliminates jobs. The people who lost jobs as the result of increased foreign trade are readily identified while the job beneficiaries may never know the reason. So it is a hard political sell even though most of the economic studies have showed that more jobs of more value are created by trade than lost. However, the losers are generally blue collar workers while the beneficiaries are generally white collar and knowledge workers. So there is a socioeconomic class differentiation in the trade issue.


He was opposing the view of President Donald Trump that the United States needs trade protectionism in order to preserve and grow manufacturing jobs. Flake and the majority of the Contgress maintained that protectionism at best would lose more jobs and growth possiblities than it would save, and at worst could start a trade war that throws teh United States into a recession or even a depression.


Arancha Gonzalez
Arancha Gonzalez
  • Born: May 22, 1969
  • Nationality: Spanish
  • Profession: Economist

María Aránzazu "Arancha" González Laya is a Spanish lawyer and former assistant Secretary-General of the United Nations and the Executive Director of the International Trade Centre, a joint agency of the United Nations and the World Trade Organization. She was appointed to this position in August 2013 and until January 2020.