CGD in the News

Don't Scream at Me Argentina, trade with me

November 07, 2005

Senior Fellow William Cline was cited in this article, about the recent Summit of the Americas in Argentina, by the National Review online.

From the article:

"For many years, development economists have stressed that “trade, not aid” is the best way to help countries to climb out of poverty. U.S. subsidies are particularly galling for those countries that tried to make market reforms work, only to see their agricultural producers playing on an uneven field. William R. Cline, senior fellow at the Institute for International Economics and the Center for Global Development, estimated that industrial countries could convey economic benefits to developing countries worth about twice the amount of their yearly development aid by removing protectionist barriers against developing-country exports."