It’s time to ditch our obsession with trade deficits. Here’s why

This article is brought to you based on the strategic cooperation of The European Sting with the World Economic Forum. Author: Arancha González Laya, Executive Director, International Trade Centre. The notion that trade surpluses are a measure of a country’s economic prowess dates back centuries. In 16th-century Europe, “mercantilists” from England to Venice sought to accumulate […]