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Protectionism doesn't really help preserve jobs: Raghuram Rajan

Updated : April 17, 2019 04:49 PM IST

Delivering the keynote address at the 2019 ECOSOC Forum on Financing for Development at the UN Headquarters on Monday, Rajan said the open liberal democratic market system that brought the world enormous prosperity in the six decades or so after the second World War is now under attack.
Interestingly the critics are not the usual radical academics or leftist leaders, instead they come from some of the most prosperous nations in the world. These are nations that have benefited tremendously from the open world order, he said.
Protectionism doesn't really help preserve jobs: Raghuram Rajan
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