Publication: WE!
Publication Date: 01-DEC-05
Delivery: Immediate Online Access
Author:
Article Excerpt
MYTH 1: Trade liberalisation will reduce poverty and is the only way to achieve development. Free trade will benefit all countries--whether developing or developed.
FACTS:
* Even WTO and World Bank data show that many poor countries have been left behind in the free trade economy. Even as rich countries demand that poor countries open up their markers, the former have subsidised agriculture and blocked the latter's access to their markets. These agricultural subsidies effectively destroy poor countries' comparative advantage (which is often low labour costs, poor environmental regulations, and lax labour standards).
* According to the UN Commission on Trade and Development (UNCTAD), the world's poorest countries--the 49 least developed countries--have not shared in the growth of world trade. In 2002, the 646 million people in the top exporting countries--the US, Germany, Japan, France and UK--have 100 times more trade than their...
NOTE: All illustrations and photos have been removed from this article.
More articles from
WE!
Righting communication wrongs, 01-DEC-05
Improve data collection on women, says UN, 01-DEC-05
Towards a politics of solidarity, 01-DEC-05
Looking for additional articles?
Click here to search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Click here to search our complete database of Industry & Market reports by text, subject, publication name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.
Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information. |
