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Free Trade Versus Fair Trade: A Movement for New Strategy

 
Naunihal Singh (Author)
Synopsis In recent years, strange sounding acronyms-GATT, NAFTA, and so on-have filled the newspapers and airwaves. While these terms have never really been explained to the Indian public, we have repeatedly been told, ‘Don’t worry, it’ll be good for you’…In this book the author gives voice to those of us who sense that something rings hollow in the cries for ‘free’ trade. ‘Free’ for whom and ‘Free’ from what? The author wrestles these questions to the ground…and offer us a bold and courageous (and possible) alternative…(This book is) a blaring wake-up call. With the demise of communism, free trade ideology has become triumphant, and its proponents now seek basic changes in the world’s economy. Very expansion has brought out many of the fundamental problems with free trade. In a sweeping and clear argument, the book challenges the orthodox view that free trade benefits everyone and that trade organisation such as NAFTA and GATT will create a new global prosperity. The author argues that, on the contrary, free trade serves only a narrow range of established interests, and that to protect international equity and the global environment, trade must be put on a different footing—a "new protectionism"—to regulate external trade while protecting and promoting local interests. This new protectionism, claims the author, presents a viable alternative to the status quo, and would contribute more to prosperity and social justice than would continued trade liberalisation, as the NAFTA and GATT treaties propose. New policies are also needed to toughen environmental protection measures and create much needed local jobs, the areas now most endangered by unfettered free trade. The book analyzes the powers behind the free trade argument-the transnational corporation emerging superblocs to present an important and radical outline of what a viable, more just future could be for a world facing huge economic and environmental problems in the twenty-first century.
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About the author

Naunihal Singh

Dr. Naunihal Singh earned the degrees of M.A. (Economics), M.A. (Sociology), L.L.B. (with International Law), Ph.D. (Management) and D.Litt. (International Business). He was also educated at the Royal College of Science and Technology, Glasgow, U.K, and La Sorbonne University, Paris, France. Dr. Singh taught as Professor of Business Administration at many institutions of USA. A prolific writer, Dr. Singh has authored about fifty books on National and International Affairs. Formerly Director in the Government of India, and Member, Board of Governors, Engineering College, Kurukshetra University, India, Dr. Singh has represented India at the United Nations Economic Commission for Asia and Far East (ECAFE) at Addis Ababa. He negotiated trade with Japan on behalf of the Government of India during Expo ’70 held in Osaka. Dr. Singh travelled widely in Europe including England, Canada, Mexico, Brazil, Venezuela, Combodia, Chile, Japan and other South-Eastern countries, and African countries. A wide spectrum person Dr. Singh was till recently a Member of Parliament (Rajya Sabha).

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Bibliographic information

Title Free Trade Versus Fair Trade: A Movement for New Strategy
Format Hardcover
Date published: 01.01.2001
Edition 1st. ed.
Language: English
isbn 8126109661
length xiv+264p., 22cm.