At first sight, the World Bank's newest report on globalization contains few surprises. It repeats the mantra that the countries that went farther down the path of globalization became the ones with the greatest success in economic growth and poverty reduction. Buried within the pages of the report, however, is a startling admission: countries that integrated into the world economy most rapidly were not necessarily those that adopted the most pro-trade policies.
At first sight, the World Bank's newest report on globalization contains few surprises. It repeats the mantra that the countries that went farther down the path of globalization became the ones with the greatest success in economic growth and poverty reduction. Buried within the pages of the report, however, is a startling admission: countries that integrated into the world economy most rapidly were not necessarily those that adopted the most pro-trade policies.