Raghuram Rajan: Climate Action and Continued Globalization Joined at the Hip (2022 Per Jacobsson Lecture)
IMF Podcasts
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The Threat of Deglobalization Increases Climate Action Costs
The threat of deglobalization through French-shoring will increase our costs of climate action. Agriculture is going to be seriously impacted, and the buffers that people have in poor countries are very, very limited. The single most important way out of agriculture into manufacturing and services is of course export-led growth.
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