Angela Merkel: Protectionism and isolation won’t fix world’s problems

World leaders must work together to solve today’s pressing problems or risk sleepwalking to disaster, German Chancellor Angela Merkel said Wednesday.

She said it was far from clear that the lessons of the last century and its two World Wars had been learned.

“We think that shutting ourselves off from the rest of the world, isolating ourselves will not lead us into a good future. Protectionism is not the answer,” she said in a speech at the World Economic Forum in Davos.

“We believe that if we are of the opinion that things are simply not fair, that there is no reciprocity, then we have to seek multilateral answers to this and not pursue a unilateral protectionist course where we isolate ourselves against the other.”

President Trump, who has already pulled America out of the Paris accord on climate change and ditched a Pacific trade deal he blasted as unfair, is due to address the same audience on Friday.

Merkel is one of several leaders to defend globalization at the forum.

Indian Prime Minister Narendra Modi kicked off the conference by warning that protectionism was resulting in new trade barriers. Canadian Prime Minister Justin Trudeau used his address to announce that Pacific nations had finalized the major trade deal Trump quit in 2017.

Merkel acknowledged that issues such as migration and the aftermath of Europe’s debt crisis were driving political polarization in Germany and Europe. People were also worried that their leaders wouldn’t be able to solve the challenge of disruptive technological change in a “fair and equitable” way.

But she said the answer was more cooperation.

“The better we can overcome divisions at home, the freer we will be to engage with others in multilateral fora,” she said

Reaching multilateral solutions requires patience, but is worthwhile in the long run, she said.

Merkel also spoke about the need for global cooperation to tackle climate change and make free trade fairer, while warning the audience about the danger of populism, calling it “a poison.”

The sentiment was echoed by Italian Prime Minister Paolo Gentiloni, who said he respects the desire of political leaders to defend their own citizens, companies and economy.

“But obviously there is a limit and the limit is the framework we are all living in … a framework given by trade agreements, free trade, international rules, multilateral decisions, and we have to keep this system functioning,” he said.

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