Re-globalization to reduce poverty and inequality

This chapter discusses how fragmentation could have a negative impact on growth, poverty and inequality, and how re-globalization could help to ensure that the gains from trade are spread more broadly both between and within economies. Opening up trade in agriculture and services and developing new e-commerce rules could boost growth, reduce poverty and make the global economy more inclusive. The WTO can help to facilitate a more inclusive global trading system by updating trade rules at the multilateral level and by working with other international organizations to ensure more people benefit from world trade.