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...lift annual global output by 0.5% a year, lifting 300 million people out of poverty by 2015. Over the past 30 years, economies that have put trade at the the forefront of their policies--such as Taiwan and Singapore--have grown much faster than those in Latin America and Africa that once tried to shelter behind tariff walls. Robert Zoellick, the U.S. Trade Representative, recently said, "Trade is a critical element--perhaps the most important element--in economic development, offering the biggest and most lasting dividends...

Author: /time Magazine | Title: Free-Trade Hypocrites | 10/29/2007 | See Source »

...sought protection for their farmers as a way of preserving the rural environment and village life. Nick Stern, chief economist of the World Bank, recently estimated that total agricultural subsidies in the rich world were worth $300 billion a year--about equal to all the economies in sub-Saharan Africa...

Author: /time Magazine | Title: Free-Trade Hypocrites | 10/29/2007 | See Source »

Tourism is South Africa's fastest-growing industry, thanks to safaris, white-water rafting and beautiful beaches. But a decade after democratic elections consigned apartheid to the dustbin of history, visitors have also begun to appreciate the country's urban buzz, particularly the pleasures and intrigue of Johannesburg and Cape Town...

Author: /time Magazine | Title: The Global Life: Unexpected Encounters | 10/29/2007 | See Source »

Soweto, a few miles from central Johannesburg, is one of South Africa's most notorious townships--the congested, occasionally chaotic home to millions of the country's poorest citizens. A tour is now practically mandatory for anyone visiting South Africa, to see how much the country has changed and how far it still has to go. Both Jimmy's Face to Face Tours (www.face2face.co.za) and Max Maximum Tours www.backpackafrica.com offer quality guided visits. Nearby is the Apartheid Museum www.apartheidmuseum.org) at which visitors are randomly assigned a racial classification and then enter the raw concrete-and-steel structure through...

Author: /time Magazine | Title: The Global Life: Unexpected Encounters | 10/29/2007 | See Source »

After that sobering experience, you can enjoy the lighter side of the new South Africa by lodging at the Grace Hotel (www .grace.co.za/the_grace) in the leafy Johannesburg suburb of Rosebank. The hotel, built in 1997, captures the romance of Africa's colonial past, with its country-style bedrooms and a menu featuring traditional favorites such as ostrich. For an edgier feel, you can head to the ultramodern Melrose Arch Hotel www.africanpridehotels.com...

Author: /time Magazine | Title: The Global Life: Unexpected Encounters | 10/29/2007 | See Source »

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