Free Trade: Myth, Reality and Alternatives

Description

Free Trade explains the case for free trade; the critiques; and how free trade policies work in practice. It introduces powerful and increasingly high profile new ideas for greater self-reliance and alternative development.;About this Book; Title; Copyright; Contents; List of Tables, Figures and Boxes; Abbreviations Used; Acknowledgements and Dedication; Preface; 1 Introduction: Trade, Myth and Obsession; Trade: The Making of an Obsession; In-Your-Face Globalisation; Globalism: Three Myths; Free Trade: Five Myths; Challenging TINA -- There are Alternatives!; Different Goals for Different Trade and Development; 2 That's the Theory! Debating Free Trade Doctrine Forever; The Smith-Ricardo Revolution; Free Trade Doctrine: Models, Assumptions and Question Marks; Comparative Advantage; Gains from Trade. About this Book Title Copyright Contents List of Tables, Figures and Boxes Abbreviations Used Acknowledgements and Dedication Preface 1 Introduction: Trade, Myth and Obsession Trade: The Making of an Obsession In-Your-Face Globalisation Globalism: Three Myths Free Trade: Five Myths Challenging TINA -- There are Alternatives! Different Goals for Different Trade and Development 2 That's the Theory! Debating Free Trade Doctrine Forever The Smith-Ricardo Revolution Free Trade Doctrine: Models, Assumptions and Question Marks Comparative Advantage Gains from Trade. Assumptions, Assumptions!Here Come the Corollaries The Rise of Not-Quite-Free Trade Conclusion 3 A Confederacy of Heretics: Two Centuries of Free Trade Dissent Heresy before Orthodoxy The Keynesian Bombshell History versus Equilibrium Heretics in the Temple Conclusion 4 What About the Practice? Trading and Free Trade in History and Reality A Clash of Propensities Trade and Markets Embedded Trade's Loss of Innocence The Necessity of Virtue: The Myth of Free Trade Beneficence Free Trade, War and Peace The Legend of the Thirties Trade and Manifest Destiny Conclusion. 5 Development, Myths and Alternatives: A Critique of Globalising GrowthInventing Development There Are Alternatives! Trading Development Of Ladders, Lock-in and Scale Economies Two Steps Backwards: The Terms-of-Trade Problem Two Cheers for the Poor: Globalisation, Poverty and Inequality Belaboured Playing Fields Human Development and the r-Curve Greening Trade or Trading the Green? Don't Forget the Ladies! Development, Globalisation and Women A Poor Relation: The Neglect of Agriculture Small Farms Are Beautiful Re-greening My Valley: The Organic Agriculture Revolution. The Four Lost Causes: Culture, Community, Values and TraditionConclusion 6 The Export Cult: The Import-Substitution Versus Export-Orientation Debate An Elite Consensus Models, Numbers and Export Cults Welfare Methods Modelling Methods Case Study Methods Industry Policy Does Work! Conclusion 7 The Self-Reliance Option: Global Myths and Alternative Development Self-Reliance: A Respectable Lineage Defining Self-Reliance The Case for Self-Reliance The Feasibility of Self-Reliance Ten Reasons Why Self-Reliance Is More Feasible than Globalisers Admit. Alternative Development and Self-RelianceConclusion 8 The Free Trade Adventure: The Wto, Global Myths and Alternatives Foundation Assumptions The WTO in Principle The WTO in Practice Alternatives: Global Free Trade versus Co-operative World A More Participatory, Cooperative World Order Conclusion 9 Conclusion References Index About the Author About this Series Notes.