Fair Trade For All: How Trade Can Promote Development - Hardcover

Stiglitz, Joseph E.; Charlton, Andrew

Hardcover

ISBN 10: 0199290903 ISBN 13: 9780199290901

Publisher: OUP Oxford, 2005

Synopsis

How can the poorer countries of the world be helped to help themselves through freer, fairer trade? In this challenging and controversial book Nobel prize-winning economist Joseph E. Stiglitz and his co-author Andrew Charlton address one of the key issues facing world leaders today. They 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 and not just the most powerful economies, to ensure that trade promotes development, and to minimise the costs of adjustments. Beginning with a brief history of the World Trade Organisation and its agreements, the authors explore the issues and events which led to the failure of Cancun 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. Accessibly written and packed full of empirical evidence and analysis, this book is a must read for anyone interested in world trade and development.

About this title

Review

A challenging and interesting book...This is an excellent contribution to the debate on trade policy. It is knowledgeable and authoritative, as one would expect from Stiglitz, who is a Nobel prize-winner and who was top economist at the World Bank. It is very practical in outlining general principles and giving detailed examples. The beauty of this book is that it adopts the sensible approach to markets to which most economists subscribe...a timely and valuable contribution. (Huw Dixon, Higher Education Supplement)

The book offers a sharp challenge to the 'market fundamentalist' view that the best way poor countries can improve their lot is to eliminate all their trade barriers ss rapidly as possible. (Washington Post)

We are stuck with a global economic system that doesn't work for half the world. Stiglitz and Charlton propose a plan to embrace the other half, to move to a future of shared benefits and shared responsibilities. (President Bill Clinton)

The authors have provided valuable analysis and proposals which deserve to be debated further (Political Studies Review)

Stiglitz brings considerable practical experience to bear on this analysis. (Jawade Liaqat, Tribune)

About the Author

Joseph E. Stiglitz was awarded the Nobel Prize in economics in 2001 and is University Professor at Columbia University where he founded the Initiative for Policy Dialogue in 2000. He was Chair of President Bill Clinton's Council of Economic Advisors from 1995-97 and Chief Economist and Senior Vice-President of the World Bank from 1997-2000.His best known recent publications include 'Globalization and its Discontents' (2002) and 'The Roaring Nineties' (2003). Andrew Charlton is a Research Fellow at the London School of Economics. He has taught at Oxford University and been a consultant for the Initiative for Policy Dialogue, The United Nations Development Program and the OECD Development Centre.

Edition details

• Publisher: OUP Oxford
• Publication date: 2005
• ISBN 10: 0199290903
• ISBN 13: 9780199290901
• Binding: Hardcover
• Language: English
• Number of pages: 352