Publisher description for Fair trade for all : how trade can promote development / Joseph E. Stiglitz and Andrew Charlton.


Bibliographic record and links to related information available from the Library of Congress catalog


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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. 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.


Library of Congress subject headings for this publication:
Developing countries -- Commerce.
International trade.
Commercial policy.
World Trade Organization.
Economic development.