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Beware the dark consequences of fracturing trade alliances

We would be naive to rule out the possibility that our era could meet the same end an earlier episode of power shifts and global integration did in 1914.

Ngozi Okonjo-Iweala

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This is an edited and abridged extract of a speech given by Dr Ngozi Okonjo-Iweala, the director general of the World Trade Organisation, for the 2022 Lowy Lecture in Sydney.

One important lesson I learned as a child in my village in Nigeria, during daily trips to the stream, is that water is something we cannot – and should not – take for granted.

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