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Countering structural disruptions

MILAN โ€” Trade and technology development policies almost always have distributional consequences. There may be a few exceptions for which the implementation of a policy produces either gains or no loss for nearly everyone, what economists would call a Pareto improvement. But these instances are relatively rare. You could argue that for early-stage developing countries, the
United States David Autor Belinda Azenui Erik Brynjolfsson Michael Spence School Of Business At Stanford University

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