The multilateral trading system maintains special trading regime for developing countries in GATT/WTO, namely "Special and Differential Treatment" (SDT). The extent to which this regime has supported the special needs of developing countries for trade and development is always questionable. Is SDT a fair trade tool for developing countries, or is it just an exceptional regime that distorts free trade? These are the questions that this book tries to answer. It develops a discussion on the meanings of fair trade using a three dimensional approach. It finds out that the idea of the level playing field in economic terms is the most relevant to achieveing missing fairness in international trade. But how the system can help the economies of developing countries to develop under that idea, is another proposed question. Two SDT components are preferred, namely policy spaces and technology transfer. By applying the appropriate trade policy for the local economy and using recent technologies of developed economies, developing countries can be able to develop expeditiously as their developed counterparts and compete with them from the same level in the trading field.
The multilateral trading system maintains special trading regime for developing countries in GATT/WTO, namely "Special and Differential Treatment" (SDT). The extent to which this regime has supported the special needs of developing countries for trade and development is always questionable. Is SDT a fair trade tool for developing countries, or is it just an exceptional regime that distorts free trade? These are the questions that this book tries to answer. It develops a discussion on the meanings of fair trade using a three dimensional approach. It finds out that the idea of the level playing field in economic terms is the most relevant to achieveing missing fairness in international trade. But how the system can help the economies of developing countries to develop under that idea, is another proposed question. Two SDT components are preferred, namely policy spaces and technology transfer. By applying the appropriate trade policy for the local economy and using recent technologies of developed economies, developing countries can be able to develop expeditiously as their developed counterparts and compete with them from the same level in the trading field.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.This work is in the "public domain in the United States of...
Free Trade Versus Fair Trade is a book written by Thomas Henry Farrer in 1885. The book explores the ongoing debate between free trade and fair trade, and the impact of each on the global economy...
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.This work is in the "public domain in the United States of...
'Today, Fair Trade finds itself at a crucial point in its evolution from alternative trading mechanism to a mainstream economic model. As the only certifier in the largest Fair Trade market in the...
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