Despite earlier income convergence among nations, many low-income countries (LICs) and people are falling further…
CETA without Blinders: How cutting ‘trade costs and more’ will cause unemployment, inequality and welfare losses Pierre Kohler and Servaas Storm
Contrary to the positive outcomes as projected by the proponents of CETA, this paper shows that it will lead to intra-EU trade diversion and in the current context of tepid economic growth, competitive pressures induced by CETA will cause unemployment, inequality and welfare losses.
ceta (Download the full text in PDF format)
(This article was originally published as GDAE Working Paper No. 16-03.)