5min chapter

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Raghuram Rajan: Climate Action and Continued Globalization Joined at the Hip (2022 Per Jacobsson Lecture)

IMF Podcasts

CHAPTER

Is There a Middle Ground?

If we want new ground for reform, services would be the right place to go. Trade and services has not been liberalized even within many countries. New technology allows us to provide services at a distance. We don't need to migrate to provide telemedicine services in other countries. Think about the damage done to the world if India followed China's export led growth path on manufacturing.

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