Review
Trade and trade liberalization on its own and as practiced today will not necessarily result in a more sustainable future. This is what the arguements and in-depth analysis in this interesting and thought provoking publication provide. It is a recommended reading for practitioners, trade negotiators, and policy makers concerned about making trade an effective tool for facilitating the transition to more green and sustainable economies. --Hussein Abaza, Economics and Trade Branch, UNEP
Clive George was at the centre of the EU's ten-year research programme into the impacts of trade liberalization. Now he is able to reveal the true findings of that research. This careful assessment of the evidence shows how trade liberalization threatens economic development, anti-poverty programmes and environmental sustainability in the vast majority of developing countries, with potentially catastrophic results. This book is an important corrective to the myth that free trade will lift millions out of poverty. It should become required reading for all people seeking to understand the truth about trade. --John Hilary, Executive Director, War on Want
Finally, an empirically-based assessment of the trade and globalization process that does not veer left or right, but moves the debate forward! --Kevin P. Gallagher, Boston University
Product Description
Is it really true that international trade is vital for eliminating world poverty and achieving a sustainable future? Or is economic globalisation the villain of the piece? Clive George's provocative book examines the evidence, exposes the myths, and presents challenging new proposals for comprehensive reform of the global trading system. Based on ten years of in-depth research into the impacts of the trade agreements that are forged in the World Trade Organisation and through regional negotiations it reveals that few of the claims made by the major players stand up to scrutiny, while many of the counter-claims lack rigour in their analysis of key issues. It cuts through the rhetoric with illuminating anecdotes from the author's experience of working with trade negotiators, to present a more realistic view of their motives and the outcomes they achieve. Each of the components of the trade liberalisation agenda is examined in turn, to identify its most likely impacts on the interacting economic, social and environmental dimensions of sustainable development. In some cases the rhetoric approximates to the truth while in many others it does not. From its analysis of the relationships between trade, social transformation, economic growth and environmental sustainability, the book concludes with proposals for how the rules by which trade is governed might be reformed to help tackle the world's most pressing problems instead of making them worse.