Fair Trade for All How Trade Can Promote Development

ISBN-10: 0195328795

ISBN-13: 9780195328790

Edition: N/A

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Description:

Winner of the Nobel Prize in Economics and author of the New York Times bestselling book Globalization and Its Discontents, Joseph E. Stiglitz here joins with fellow economist Andrew Charlton to offer a challenging and controversial argument about how globalization can actually help Third World countries to develop and prosper. In Fair Trade For All, Stiglitz and Charlton address one of the key issues facing world leaders today--how can the poorer countries of the world be helped to help themselves through freer, fairer trade? To answer this question, the authors put forward a radical and realistic new model for managing trading relationships between the richest and the poorest countries. Their approach is designed to open up markets in the interests of all nations and not just the most powerful economies, to ensure that trade promotes development, and to minimize the costs of adjustments. Beginning with a brief history of the World Trade Organization and its agreements, the authors explore the issues and events which led to the failure of 2003 Cancun summit and the obstacles that face the successful completion of the Doha Round of negotiations. Finally they spell out the reforms and principles upon which a successful agreement must be based. Vividly written, highly topical, and packed with insightful analyses, Fair Trade For All offers a radical new solution to the problems of world trade. It is a must read for anyone interested in globalization and development in the Third World.
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Book details

List price: $35.95
Publisher: Oxford University Press, Incorporated
Publication date: 9/17/2007
Binding: Paperback
Pages: 352
Size: 5.50" wide x 8.75" long x 0.75" tall
Weight: 1.034
Language: English

Joseph Stiglitz is professor of economics at Columbia University.

Andrew Charlton is an economist who has worked for the London School of Economics, the United Nations and the Boston Consulting Group. Between 2008 and 2010, he was senior economic adviser to the prime minister of Australia. He received his doctorate in economics from Oxford University.

List of Tables
List of Figures
Glossary
Introduction: The Story so Far
Trade Can be Good for Development
The Need for a Development Round
What has Doha Achieved?
Founding Principles: The Basis of a Fair Agreement
Special Treatment for Developing Countries
Priorities for a Development Round
How to Open up Markets
Priorities Behind the Border
What should not be on the Agenda?
Joining the Trading System
Institutional Reforms
Trade Liberalization and the Costs of Adjustment
Empirical review of market access issues
Empirical review of the Singapore Issues
References
Index
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