In the debate that has ensued, a large gulf is often perceived between the arguments of economists, who almost always point to the considerable benefits offered over the long term by exposure to free and open trade, and the obvious stress felt by those caught on the downside of turbulence created by that exposure. It is crucial that this gulf be bridged.
15  Reserve Bank: Submission on the Climate Change Response (Zero Carbon) Amendment Bill Reserve Bank: Submission on the Climate-Related Financial Disclosures Discussion Document 17 Reserve Bank Financial Stability Reports 18 A Near Horizon: Seizing the opportunities and managing the risks in the transition to net zero: The importance of climate-related financial disclosures, remarks delivered by Governor Adrian Orr to a virtual roundtable in May 2020 16  7  “We are all of one race, we must adapt” Meitaki.