The Right to Trade

RTD

ABOUT

Aid for trade is a fixture in the development landscape, accounting for approximately 25 per cent of total official development assistance (ODA), and is being positioned as a building block in the future development agenda beyond the 2015 expiry of the Millennium Development Goals.

In The Right to Trade, Nobel Prize-winning economist Joseph E. Stiglitz and Andrew Charlton argue that aid for trade has not delivered on its initial promise.

To create a genuinely pro-development trade liberalization agenda, the authors propose that a “right to trade” and a “right to development” be enshrined within the WTO’s dispute settlement system; and that aid for trade funds be consolidated into a coherent and predictable framework, where dedicated funds are committed by rich countries to a Global Trade Facility and dispersed through a transparent and competitive process.

Together these proposals would help ensure that international trade works for developing countries and will help preserve a development-friendly multilateral trading system.

BUY: http://www.amazon.com/The-Right-Trade-Rethinking-Agenda/dp/1849291055

Click here for more about Andrew Charlton

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