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World Trade Bulletin

Gavin McFarlane of Temple Chambers Cardiff, explores recent developments on the world trade front

 
Gavin McFarlane of Temple Chambers Cardiff explores recent developments on the world trade front
 
In his Budget speech Gordon Brown offered some illuminating nuggets of information on the harsh realities of the world trade situation as it is now unfolding. In the weeks prior to his last Budget of the second New Labour term he had travelled widely in the developing world including Africa and China on his itinerary. Clearly what he saw and heard had affected his thinking on future economic prospects for the United Kingdom. He has no doubt that the rapidly growing economies of both China and India pose real competitive threats to this country. He said that faced with the accelerating rate of technological change and...

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