Emeritus Prof Christopher May on Nostr: Hmmm... Rebeca Grynspan (SG/UNCTAD) tells the FT: Rich countries are developing a ...
Hmmm... Rebeca Grynspan (SG/UNCTAD) tells the FT:
Rich countries are developing a #green protectionism. 'Many trade rules forbid policies that can be used by developing countries... Developing countries see a lot of these [green] policies as protectionist. They don’t have the fiscal space to go the path of subsidies, so they have to go the path of restrictions to trade or even duties or taxes'.
So, will the #greentransition reinforce global #inequality; once again the rich saving themselves?
Rich countries are developing a #green protectionism. 'Many trade rules forbid policies that can be used by developing countries... Developing countries see a lot of these [green] policies as protectionist. They don’t have the fiscal space to go the path of subsidies, so they have to go the path of restrictions to trade or even duties or taxes'.
So, will the #greentransition reinforce global #inequality; once again the rich saving themselves?