LONDON.- World Bank president Paul Wolfowitz today prompted leaders of industrialized nations to eliminate “subsidies and other barriers” that hindered free trade.

In an article published by the Financial Times, Pentagon ex-number 2 Paul Wolfowitz affirmed that developing countries must be allowed “better access to the global markets.” 

“Trade, not assistance, is the key for creating new jobs and increasing [per capita] income.  Trade will allow poor countries to generate growth,” writes Wolfowitz, adding that “condoning debts alone will not achieve this.” 

Notwithstanding, Wolfowitz warns that the World Trade Organization will have failed if “rich countries see market openings only as a way to please their internal pressure groups. 

“Nothing will be gained if, on the other hand, poor developing countries do not undertake necessary reforms,” wrote Wolfowitz.

In mentioning that rich countries are affected by poor nations even when the impoverished do not vote in the more industrialized societies, Wolfowitz was alluding to the copious migrations toward the richer countries by foreigners in pursuit of better living conditions from poor undeveloped nations.