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GLOBALIZATION 3

Make Trade and


Investment Work For All
and Resist Protectionism

We must keep building more inclusive global value


chains (GVCs), supporting medium, small and
micro-enterprises by providing better financing
and lowering the costs of regulation; and facilitating
access for Low Income Developing Countries

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Prioritise (LIDCs). It is also crucial to empower our people
People-centred with the skills needed to unlock jobs in the most
Growth sophisticated sectors. We cannot continue to base
our key comparative advantage on low salaries.
This requires a wide range of
structural policies, from

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Fight The Dark
social protection and active Side of
labour market policies, to GlobaliZation
strategic investments in The proliferation of high-level corruption, tax
education, skills, innovation evasion and tax avoidance scandals have taken
and physical infrastructure. It their toll. We need to reverse these trends,
means implementing the complementing social reforms with policies that
ambitious commitments set promote transparency and nurture a culture of
out in the Paris Agreement on integrity. We need an effective and fair global
Climate Change and the tax architecture, we need comprehensive and
SDGs. It means equipping multilateral anti-corruption tools, we need
people to seize the benefits of instruments to tackle counterfeiting and regulate
rapid digitalisation and lobbying, we need robust standards in
technological change responsible business conduct and good corporate
governance.

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