5 Main focus Impact of trade on human development Trade can be a powerful source of economic growth Trade can be a powerful source of economic growth … but while broadly based economic growth is necessary for human development, it is not enough … but while broadly based economic growth is necessary for human development, it is not enough Human development also requires enlarging people s choices and opportunities especially poor people s Human development also requires enlarging people s choices and opportunities especially poor people s liberalizing trade does not ensure poverty reduction or human development, nor does it guarantee immediate economic growth liberalizing trade does not ensure poverty reduction or human development, nor does it guarantee immediate economic growth The nature of resource allocation and social inclusion are important determinants of growth leading to poverty reduction and human development The nature of resource allocation and social inclusion are important determinants of growth leading to poverty reduction and human development for women and those participating in the informal sector, especially for women and those participating in the informal sector, especially
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