Joseph Stiglitz

Two Principles for the Next Round or, How to Bring Developing Countries in from the Cold

Abstract:
The author argues that trade liberalization must be balanced in agenda, process and outcomes, including not only sectors in which developed countries have a comparative advantage, like financial services, but also those in which developing countries have a special interest, like agriculture and construction services. Account must be taken of the marked disadvantage that developing countries have in participating meaningfully in negotiations.

Source: World Economy
Volume: 23
Number: 4
Pages: 437-54
Date: 1999