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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. The book illuminates the reforms and principles upon which a successful settlement 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.
How can the global trading system be restructured to ensure that freer and fairer trade actively promotes economic development in poorer nations? Joseph E. Stiglitz, a Nobel laureate in Economics, and Andrew Charlton present a rigorous framework for reforming international trade agreements. They argue that current trade policies often favor wealthy nations at the expense of developing economies, and they propose a new model that balances market access with the specific developmental needs of the Third World.
What You Will Find
Experts and economists recognize this work as a significant contribution to the discourse on international development policy. Readers frequently note the clarity of the authors' arguments, which translate complex economic theory into actionable policy proposals for global leaders.
Page Count:
344
Publication Date:
2006-01-05
Publisher:
Oxford University Press
ISBN-10:
0199290903
ISBN-13:
9780199290901
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