Actually, we are ten days early: the Representative Office started its work on 1 June 1987. But what are ten days among friends? To mark the occasion, I would like to say a few words on the merits of global cooperation. 2. The merits of cooperation Nowadays, international cooperation is under attack from nationalist, populist movements.
Their claim: We are better off on our own. And I must say that –from an economic point of view – some of the frustration is rational, since the advanced economies have been undergoing a substantial economic transformation due to trade and technological change, which always has both winners and losers.