David Autor on what we now know about trade
FT Alphachat
00:00
Is There Something Broken About Play Space Policies?
China had so much scope to keep producing more and more stuff at low cost before it started to hit capacity constraints. Now it is hitting capacity constraints, wages have quadrupled in the export zones. There's a reevaluation of this whole notion of play space policies that don't just address individuals but locations based on their needs.
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