Trade and the Developing World in the 21st Century

The developing World contains 80 percent of the globe's population, but accounts for less than 25 percent of its trade. The tariffs imposed by rich nations on manufactured products from developing countries are four times higher than the duties on goods from other industrialized nations. This book examines the trade problems the developing nations face in the new Millennium. Professor Carl's detailed analysis of the effects of WTO rules-as well as rules of no less than 37 other regional trade agreements-on the economic infrastructures of developing nations is as telling and incisive as it is eloquent and insightful. It covers a wide spectrum of essential trade issues, including tariffs, quotas, subsidies, dumping, rules of origin, standards, safeguards, textiles, agriculture, and information technology. Professor Carl clearly shows why, in all of these areas, developing nations fail to benefit from multilateral trade agreements as currently constituted. This volume is an invaluable key to understanding the deepest and most serious flaws in the "New World Order," and an essential resource for practitioners, policymakers, business people, and scholars committed to an international trade regime that is truly "free." Published under the Transnational Publishers imprint.