Fair Trade: Reform and Realities in the International Trading System

Front Cover
The landscape of the world economy is changing rapidly, including new and much more powerful roles for the IMF and World Bank, as well as the rapid growth of wider free trade areas in North America and Europe. Current global trading arrangements, however, involve serious obstacles for exporters from the South as well as rivalries between the major economies.

This book explores how the international trading system came into existence, the ways in which commodity markers work today, and why the poor countries of the South are facing not free trade, but unfair trade. It traces the stages of the world's economic development which has resulted in a this stark imbalance between North and South, following the chain of trade from crop to shop.

The book's lessons are relevant to students, policy makers, and all those interested in a world trading system built on more than market muscle and the profit motive - a system that serves the interests of ordinary people everywhere.

From inside the book

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

The Division of World Resources Between Rich and Poor
25
The Middlemen
64
MAKING TRADE FAIRER
77
Copyright

8 other sections not shown

Other editions - View all

Common terms and phrases

About the author (1993)

Michael Barratt Brown has, since 1985, been chair of the Third World Information Network (TWIN) and Twin Trading Ltd, both of which have helped pioneer alternative trading links between North and South. His books include What Economics is About (1970) and Models in Political Economy (1984).

Bibliographic information