Book Description
Free trade can help 500 million people escape poverty and inject $200 billion annually into the economies of developing countries, according to a new study from the Institute for International Economics. Trade Policy and Global Poverty by William R. Cline provides a comprehensive analysis of the potential for trade liberalization to spur growth and reduce poverty in developing countries. It quantifies the impact on global poverty of industrial-country liberalization, as well as liberalization by the developing countries. Cline finds that the stakes of the poor in trade policy are large. Global free trade would convey long-term economic benefits of about $200 billion annually to developing countries. Half or more of these gains would come from the removal of industrial-country protection against developing-country exports. By removing their trade barriers, industrial countries could convey economic benefits to developing countries worth about twice the amount of their annual development assistance. By helping developing countries grow through trade, moreover, industrial countries could lower costs to consumers for imports and realize other increased economic efficiencies.
The study further estimates that free trade could reduce the number of people in global poverty (earning less than $2 per day) by about 500 million over 15 years. This would cut the world poverty level by an additional 25 percent. Agricultural liberalization alone contributes about half of these gains. Cline judges that the developing countries were right to risk collapse of the Doha Round at the Cancún ministerial meeting in September 2003 by insisting on much deeper liberalization of agriculture than the industrial countries were then willing to offer.
The study calls for a two-track strategy. The first track is deep multilateral liberalization involving phased but complete elimination of protection by industrial countries and deep reduction of protection by at least the middle-income developing countries, albeit on a more gradual schedule. The second track is immediate free entry for imports from "high risk" low-income countries (heavily indebted poor countries, least developed countries, and sub-Saharan Africa), coupled with a 10-year tax holiday for direct investment in these countries.
Book Description
How can we help poor people earn more from their knowledge--rather than from their sweat and muscle alone? This book is about increasing the earnings of poor people in poor countries from their innovation, knowledge, and creative skills. Case studies look at the African music industry;
traditional crafts and ways to prevent counterfeit crafts designs; the activities of fair trade organizations; biopiracy and the commercialization of ethnobotanical knowledge; the use of intellectual property laws and other tools to protect traditional knowledge. The contributors motivation is
sometimes to maintain the art and culture of poor people, but they recognize that except in a museum setting, no traditional skill can live on unless it has a viable market. Culture and commerce more often complement than conflict in the cases reviewed here. The book calls attention to the unwritten
half of the World Trade Organizations Agreement on the Trade Related Aspects of Intellectual Property (TRIPS). TRIPS is about knowledge that industrial countries own, and which poor people buy. This book is about knowledge that poor people in poor countries generate and have to sell. It will be of
interest to students and scholars of international trade and law, and to anyone with an interest in ways developing countries can find markets for cultural, intellectual, and traditional knowledge.
Book Description
World hunger, jobs, the overall economic prospects of developing and developed countries alike are all being influenced by the international negotiations about trade, agriculture, services, investment and intellectual property rights going on at the World Trade Organization (WTO). Based on interviews with the participants, this remarkable book lifts the shroud of secrecy surrounding these ostensibly democratic negotiations.
What emerges is a disturbing account entirely at odds with the official picture of a rules-based consensus emerging out of multilateral trade discussions in which all WTO member countries are equal participants. In reality:
· Closed doors rather than open access and public information is the preferred mode of negotiation;
· Decisions are often being made without the full approval of developing countries;
· The tiny delegations of the poorest and smallest countries have only a limited capacity to calculate in advance the implications of what they are being asked to sign up to;
· More seriously still, there are instances of illegitimate pressures and inducements being offered by the US and EU delegations - including threats to report non-compliant Third World delegates to their superiors, and hints that aid to countries refusing to kow-tow may be withheld.
The revelations contained in this book are of enormous importance to all those concerned that international institutions should be more transparent and democratic, and that the rules being developed for the world economy should primarily be geared to solving the pressing humanitarian problems of poverty, hunger, jobs and improvements in the standards of living of all those being left behind by the process of globalization.
Book Description
Negotiations between governments shape the world political economy and in turn the lives of people everywhere. Developing countries have become far more influential in talks in the World Trade Organization, including infamous stalemates in Seattle in 1999 and Cancún in 2003, as well as bilateral and regional talks like those that created NAFTA. Yet social science does not understand well enough the process of negotiation, and least of all the roles of developing countries, in these situations. This book sheds light on three aspects of this otherwise opaque process: the strategies developing countries use; coalition formation; and how they learn and influence other participants’ beliefs. This book will be valuable for many readers interested in negotiation, international political economy, trade, development, global governance, or international law. Developing country negotiators and those who train them will find practical insights on how to avoid pitfalls and negotiate better.
Download Description
Negotiations between governments shape the world political economy and in turn the lives of people everywhere. Developing countries have become far more influential in talks in the World Trade Organization, including infamous stalemates in Seattle in 1999 and Canc?n in 2003, as well as bilateral and regional talks like those that created NAFTA. Yet social science does not understand well enough the process of negotiation, and least of all the roles of developing countries, in these situations. This innovative book sheds fresh light on three aspects of this otherwise opaque process: the strategies developing countries use; coalition formation; and how they learn and influence other participants' beliefs. This book will be valuable for many readers interested in negotiation, international political economy, trade, development, global governance, or international law. Developing country negotiators and those who train them will find practical insights on how to avoid pitfalls and negotiate better.
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Deregulation and Interdependence in the Asia-Pacific Region (National Bureau of Economic Research-East Asia Seminar on Economics)
Manufacturer: University Of Chicago Press
ProductGroup: Book
Binding: Hardcover
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ASIN: 0226386740 |
Book Description
Recently, real and artificial barriers to international transactions have fallen sharply, causing a rise in the overall volume of international trade. East Asia has been particularly affected by the economic stresses and gains derived from deregulation. Deregulation and Interdependence in the Asia-Pacific Region explores the broadly similar experiences of certain economies in the region—China, Hong Kong, Japan, Korea—in dealing with the potentially volatile process of deregulation, and examines the East Asian response to a rapidly transforming economic environment.
Book Description
The evolution from plunder by raids to plunder by trade began 800 to 1,000 years ago in the Free Cities of Europe. As those cities evolved into nations and those nations into empires, plunder by trade was plunder by both raids and trade was practiced. Plunder by trade has been the dominant feature of world trade since WWII. But the developing world is now aware and that structure of world trade may soon be history. In a properly established banking system, through adjustments in rquired reserves rather than changing interest rates, there need be no inflations or deflaitons. Created debt-free money can build most infrastructure, increasing required reserves in step with that money creation maintains a stable money supply. A proper banking structure can stop an economic collapse in its tracks. It can also rapidly industrialize undeveloped regions of the world. That proper banking structure, along with eliminating all other monopolies can reduce the workweek to 2 to 3 days per week with no loss of food, fiber, or shelter. World poverty can be eliminated in 10 years and a quality life for all can be attained in 50 years. .
Product Description
This is a critical period for the WTO and for realizing the potential of trade as a driver of growth and poverty reduction. It is time for good intentions to be translated into solid multilateral agreements that promote development, and it is high time that the rich countries tore down their barriers. But trade agreements by themselves cannot guarantee growth and poverty reduction: aid for trade and internal reforms are needed too. On all this, detail matters and trade agreements are complex. This book provides an up-to-date, clear, and thoughtful analysis of these crucial issues. It should be compulsory reading for all those who are concerned with taking forward the agenda on trade and development in a constructive way. - Sir Nicholas Stern, FBA Second Permanent Secretary to Her Majestys Treasury Head of the Government Economic Service, U.K. How can international trade agreements promote development and how can rules be designed to benefit poor countries? Can multilateral trade cooperation in the World Trade Organization (WTO) help developing countries create and strengthen institutions and regulatory regimes that will enhance the gains from trade and integration into the global economy? And should this even be done? These are questions that confront policy makers and citizens in both rich and poor countries, and they are the subject of Economic Development and Multilateral Trade Cooperation. This book analyzes how the trading system could be made more supportive of economic development, without eroding the core WTO functions.
Download Description
""This is a critical period for the WTO and for realizing the potential of trade as a driver of growth and poverty reduction. It is time for good intentions to be translated into solid multilateral agreements that promote development, and it is high time that the rich countries tore down their barriers. But trade agreements by themselves cannot guarantee growth and poverty reduction: aid for trade and internal reforms are needed too. On all this, detail matters and trade agreements are complex. This book provides an up-to-date, clear, and thoughtful analysis of these crucial issues. It should be compulsory reading for all those who are concerned with taking forward the agenda on trade and development in a constructive way." - Sir Nicholas Stern, FBA Second Permanent Secretary to Her Majesty's Treasury Head of the Government Economic Service, U.K. How can international trade agreements promote development and how can rules be designed to benefit poor countries? Can multilateral trade cooperation in the World Trade Organization (WTO) help developing countries create and strengthen institutions and regulatory regimes that will enhance the gains from trade and integration into the global economy? And should this even be done? These are questions that confront policy makers and citizens in both rich and poor countries, and they are the subject of Economic Development and Multilateral Trade Cooperation. This book analyzes how the trading system could be made more supportive of economic development, without eroding the core WTO functions."
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Understanding Market Reforms: Volume 2: Motivation, Implementation and Sustainability
Manufacturer: Palgrave Macmillan
ProductGroup: Book
Binding: Hardcover
International
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ASIN: 1403949417
Release Date: 2006-12-26 |
Book Description
During the last twenty-five years there has been a widespread move toward more market-oriented policies and institutions across the developing and former socialist countries, usually in the context of more politically open societies. The most remarkable fact of this movement is that while policies have often been quite similar, results have been very different. Thirty-one country studies, relying heavily on a political economy analysis, were undertaken to try to understand these divergent results. In this book the findings of these studies are synthesized on a regional and global basis. Three of the case studies are also included.
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Gender Mainstreaming in the Multilateral Trading System: A Handbook for Policy Makers and Other Stakeholders (Gender Mainstreaming in Development Series)
Mariama Williams
Manufacturer: Commonwealth Secretariat
ProductGroup: Book
Binding: Paperback
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ASIN: 0850927366 |
Book Description
This manual provides a comprehensive resource on the topical issue of multilateral trade.
Books:
- Treasure of Khan
- Tsukiji: The Fish Market at the Center of the World (California Studies in Food and Culture, 11)
- Turkey (Eyewitness Travel Guides)
- You Can Hear Me Now: How Microloans and Cell Phones are Connecting the World's Poor to the Global Economy
- 2006 International Building Code - Softcover Version: Softcover Version (International Building Code)
- A Class Act: Changing Teachers Work, the State, and Globalisation (Garland Reference Library of Social Science, V. 1465.)
- A Raisin in the Sun
- America's Bubble Economy: Profit When It Pops
- Baseball Between the Numbers: Why Everything You Know About the Game Is Wrong
- Be the Elephant: Build a Bigger, Better Business
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