F&D Magazine / Trade policy

Michele Ruta on Discriminatory Regionalism


June 1, 2023

iStock Images / takenobu

In This Episode

As rising geopolitical tensions chip away at globalization, will a more fragmented world mean stronger regional pacts? Economist Michele Ruta says regionalism in a time of conflict is unlikely to triumph, but rather is likely to change. The trend toward strengthening ties with friends and loosening them with non-friends is making regional trade less about integration and more about discrimination. Transcript

Read the article in the IMF's Finance & Development Magazine

MICHELE RUTA is a deputy division chief in the External Policy Division of the IMF’s Strategy, Policy, and Review Department.

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Bruce Edwards

International Monetary Fund

Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.