International trade and sustainable development: economic, historical and moral arguments for asymmetric global trade
"The contemporary orthodox view of world trade has centred, generally unchallenged, on the ideas of free trade, based on the theoretical construct of comparative advantage. This book will engage in a critique of the orthodox position based on the underlying theoretical economic construct, the h...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Abingdon, Oxon
Routledge
2020
|
| Schriftenreihe: | Routledge Studies in the Modern World Economy
Routledge studies in the modern world economy |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "The contemporary orthodox view of world trade has centred, generally unchallenged, on the ideas of free trade, based on the theoretical construct of comparative advantage. This book will engage in a critique of the orthodox position based on the underlying theoretical economic construct, the historical development of the now developed economies and the morally unsustainable position of the free trade regime. The author examines alternatives such as Most Favoured Nation and Preferential Trading Agreements before making the argument in favour of Asymmetric Trading, where the underdeveloped economies can develop behind tariff barriers and quotas, whilst the triadic nations maintain a lack of barriers to the exports of these economies. He outlines how such a trading regime would be mutually beneficial in the long-term, in the sense that development through industrialisation takes place and the increase in GDP per capita would allow markets for exports to be sustainable, thus widening the market for the goods and services of the developed economies. However, the author demonstrates that free trade actually increases the development gap by maintaining the status quo in terms of the underdeveloped economies specialising in, and exporting low value added primary products and importing high value-added manufactures. The book analyses contemporary and historical data to illustrate how an alternative trading regime can be truly advantageous to both the developed and underdeveloped regions of the world: a global trading regime that is capable of increasing GDP in a sustainable manner, without transferring a surplus from the poor to the rich nations, and without a long-term commitment on the part of the developed nations to altruism"-- |
| Beschreibung: | Description based on online resource; title from digital title page (viewed on February 07, 2020) |
| Beschreibung: | 1 online resource |
| ISBN: | 9780429053023 0429053029 9780429626630 0429626630 9780429624995 0429624999 9780429628276 0429628277 |
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Datensatz im Suchindex
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| dewey-ones | 338 - Production |
| dewey-raw | 338.9/27 |
| dewey-search | 338.9/27 |
| dewey-sort | 3338.9 227 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| id | DE-604.BV047005730 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:58:01Z |
| indexdate | 2024-07-10T08:59:54Z |
| institution | BVB |
| isbn | 9780429053023 0429053029 9780429626630 0429626630 9780429624995 0429624999 9780429628276 0429628277 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-032413267 |
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| physical | 1 online resource |
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| publishDate | 2020 |
| publishDateSearch | 2020 |
| publishDateSort | 2020 |
| publisher | Routledge |
| record_format | marc |
| series2 | Routledge Studies in the Modern World Economy Routledge studies in the modern world economy |
| spelling | Milward, Bob Verfasser aut International trade and sustainable development economic, historical and moral arguments for asymmetric global trade Bob Milward Abingdon, Oxon Routledge 2020 © 2020 1 online resource txt rdacontent c rdamedia cr rdacarrier Routledge Studies in the Modern World Economy Routledge studies in the modern world economy Description based on online resource; title from digital title page (viewed on February 07, 2020) "The contemporary orthodox view of world trade has centred, generally unchallenged, on the ideas of free trade, based on the theoretical construct of comparative advantage. This book will engage in a critique of the orthodox position based on the underlying theoretical economic construct, the historical development of the now developed economies and the morally unsustainable position of the free trade regime. The author examines alternatives such as Most Favoured Nation and Preferential Trading Agreements before making the argument in favour of Asymmetric Trading, where the underdeveloped economies can develop behind tariff barriers and quotas, whilst the triadic nations maintain a lack of barriers to the exports of these economies. He outlines how such a trading regime would be mutually beneficial in the long-term, in the sense that development through industrialisation takes place and the increase in GDP per capita would allow markets for exports to be sustainable, thus widening the market for the goods and services of the developed economies. However, the author demonstrates that free trade actually increases the development gap by maintaining the status quo in terms of the underdeveloped economies specialising in, and exporting low value added primary products and importing high value-added manufactures. The book analyses contemporary and historical data to illustrate how an alternative trading regime can be truly advantageous to both the developed and underdeveloped regions of the world: a global trading regime that is capable of increasing GDP in a sustainable manner, without transferring a surplus from the poor to the rich nations, and without a long-term commitment on the part of the developed nations to altruism"-- International trade Free trade Sustainable development https://www.taylorfrancis.com/books/9780429053023 Verlag URL des Erstveroeffentlichers Volltext |
| spellingShingle | Milward, Bob International trade and sustainable development economic, historical and moral arguments for asymmetric global trade International trade Free trade Sustainable development |
| title | International trade and sustainable development economic, historical and moral arguments for asymmetric global trade |
| title_auth | International trade and sustainable development economic, historical and moral arguments for asymmetric global trade |
| title_exact_search | International trade and sustainable development economic, historical and moral arguments for asymmetric global trade |
| title_exact_search_txtP | International trade and sustainable development economic, historical and moral arguments for asymmetric global trade |
| title_full | International trade and sustainable development economic, historical and moral arguments for asymmetric global trade Bob Milward |
| title_fullStr | International trade and sustainable development economic, historical and moral arguments for asymmetric global trade Bob Milward |
| title_full_unstemmed | International trade and sustainable development economic, historical and moral arguments for asymmetric global trade Bob Milward |
| title_short | International trade and sustainable development |
| title_sort | international trade and sustainable development economic historical and moral arguments for asymmetric global trade |
| title_sub | economic, historical and moral arguments for asymmetric global trade |
| topic | International trade Free trade Sustainable development |
| topic_facet | International trade Free trade Sustainable development |
| url | https://www.taylorfrancis.com/books/9780429053023 |
| work_keys_str_mv | AT milwardbob internationaltradeandsustainabledevelopmenteconomichistoricalandmoralargumentsforasymmetricglobaltrade |