Provides an in-depth analysis of recent trends and developments in trade and investment in the region just before and during the current crisis and seeks to explore issues related to the formulation of inclusive and sustainable trade. The report calls for a rebalancing of the roles of business...

An earlier paper in this journal [Chichilnisky (1981)] formulated a model of North-South trade where the South exports a Labor intensive commodity in exchange for industrial goods. The paper studied moves to new equilibria with higher levels of exports of the South and of industrial demand in...