The pathway to prosperity is getting harder for developing countries

Developing countries are facing an uphill battle to achieve prosperity as the traditional rules-based global market system, where wealthy nations allowed for trade surpluses, has eroded. This shift is making it increasingly difficult for poorer nations to compete on a level playing field. The implications are significant, as this change could exacerbate existing economic inequalities and hinder progress toward sustainable development goals. Understanding these challenges is crucial for policymakers and global leaders aiming to create fairer trade practices.