Can Trade Policy Help Mobilize Financial Resources
for Economic Development?
1. Background.
With the background of the violent protests of "anti-globalizers" in Seattle, Washington, Prague, Göteborg and, most recently, in Genoa, trade policy makers are no strangers to controversy. Liberal trade policies have been traditionally targeted as the primary reason for loss of domestic jobs due to foreign competition. Most recently, the critics have expanded their "arsenal" of attacks by blaming trade liberalization for poverty, income inequality, marginalization of countries in the globalized world, poor labour standards, environmental degradation and even for social instability and political turmoil, to name just a few. Proponents of liberal trade policies have been having their plate full of so many different attacks that they must wonder whether they have started a new book of "genesis".
There have been wide ranging attacks in relation to the debt burden,......
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Approximate Word Count: 12985
Approximate Pages: 50 (260 words per double-spaced page) |