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Trade, Inequality and Justice: Toward a Liberal Theory of Just Trade Law

Trade, Inequality and Justice: Toward a Liberal Theory of Just Trade Law PDF Author: Frank Garcia
Publisher: BRILL
ISBN: 9004480153
Category : Law
Languages : en
Pages : 238

Book Description
Recent crises in trade policy and globalization highlight both the problematic role of economic inequality in international trade law and the shortcomings of contemporary, largely economic, approaches to this problem and to international trade law generally. This book argues for an alternative approach to the problem of trade and inequality, as a problem of justice. Drawing on political and moral theory and legal philosophy, the author develops a Rawlsian model for justice as fairness in international trade law. This model highlights the important normative role of the principle of special and differential treatment, which can justify economic inequality by making the wealthy markets of developed states work to the benefit of smaller economies, thus satisfying the difference principle as applied to international economic relations. Applying this model to contemporary trade law, the author offers concrete proposals for modifying existing special and differential treatment doctrine, and suggests ”second generation” policies for the problem of inequality once special and differential treatment is either fully implemented or rendered obsolete. Published under the Transnational Publishers imprint.

Trade, Inequality and Justice: Toward a Liberal Theory of Just Trade Law

Trade, Inequality and Justice: Toward a Liberal Theory of Just Trade Law PDF Author: Frank Garcia
Publisher: BRILL
ISBN: 9004480153
Category : Law
Languages : en
Pages : 238

Book Description
Recent crises in trade policy and globalization highlight both the problematic role of economic inequality in international trade law and the shortcomings of contemporary, largely economic, approaches to this problem and to international trade law generally. This book argues for an alternative approach to the problem of trade and inequality, as a problem of justice. Drawing on political and moral theory and legal philosophy, the author develops a Rawlsian model for justice as fairness in international trade law. This model highlights the important normative role of the principle of special and differential treatment, which can justify economic inequality by making the wealthy markets of developed states work to the benefit of smaller economies, thus satisfying the difference principle as applied to international economic relations. Applying this model to contemporary trade law, the author offers concrete proposals for modifying existing special and differential treatment doctrine, and suggests ”second generation” policies for the problem of inequality once special and differential treatment is either fully implemented or rendered obsolete. Published under the Transnational Publishers imprint.

Global Justice and International Economic Law

Global Justice and International Economic Law PDF Author: Frank J. Garcia
Publisher: Cambridge University Press
ISBN: 1107355419
Category : Law
Languages : en
Pages :

Book Description
For centuries, international trade has been seen as essential to the wealth and power of nations. More recently we have started to understand its problematic role as an engine of distributive justice. In this compelling book Frank J. Garcia proposes a new way to evaluate, construct and manage international trade - one that is based on norms of economic justice, comparative advantage and national interest. Garcia examines three ways to conceptualize the problem of trade and global justice, drawn from Rawlsian liberalism, communitarianism and consent theory. These approaches illustrate specific issues of importance to the way global justice has been theorized, offering a pluralistic mode of arguing for global justice and highlighting the unique modes of discourse we employ when engaging with global justice and their implications for conceptualizing and arguing the problem. Garcia suggests a new direction for trade agreements built around truly consensual trade negotiations and the kind of international economic system they would structure.

Fairness in the World Economy

Fairness in the World Economy PDF Author: Americo Beviglia Zampetti
Publisher: Edward Elgar Publishing
ISBN: 1847200281
Category : Political Science
Languages : en
Pages : 231

Book Description
Americo Beviglia Zampetti s Fairness in the World Economy provides an important lens into understanding fairness debates in contemporary trade discourse. . . an important contribution to the trade literature. . . the historical excavation that Fairness in the World Economy provides is of great value. Students and scholars alike will find Zampetti s clear and concise history of US trade policy from the founding to the present to be extremely useful. More importantly, at a time when there is widespread argument that too few share in [globalization s] benefits [and] too many have no voice in its design and no influence on its course, Fairness in the World Economy invites its readers to consider the adequacy of the level playing field notion of fairness and to grapple with the politically contentious question of how trade can help create a more just international economic order. Jeffrey L. Dunoff, The American Journal of International Law This is an unusually timely and insightful work, addressing the crucial issue of the justice of globalization. The author avoids the polemics and abstractions with which this question is usually treated; his economic literacy as well as hands-on policy experience in international and transnational institutions, make this a uniquely practical, balanced and nuanced account, bringing much clarity to a heated debate, which usually divides the different disciplines and specialities rather than inciting their engagement. Robert L. Howse, University of Michigan, Ann Arbor, US This volume describes the birth (with all the birth defects) of the notion of fairness in the US. The extent of the author's research is quite breathtaking: not only does he delve into an infinite series of official and semi-official documents, but he also looks at case law, opinions expressed in the literature etc., to come up with an expression of (US) fairness that does not suffer from selection bias. But this is only half what the author has accomplished through his work. He goes on to examine how US fairness has been exported to international institutions (such as the GATT/WTO regime) and demonstrates how, once discussed and shaped among all trading partners, it has come back to the US in a different form. The book thus provides both the inside out and the outside in perspective. It will prove invaluable for the political scientist, the economic historian and the lawyer alike. Petros C. Mavroidis, Edwin B. Parker Professor of Law, Columbia Law School, US and University of Neuchatel, Switzerland & CEPR This book represents a significant scholarly contribution to the field of international political economy, with particular respect to the evolution of the multilateral trading system. The author engages effectively with the current debate concerning the conflict between the legalistic foundations of the multilateral trading system underpinned by the equality of nation states and the demands for fair trade on the basis of inter-personal equity. It is a coherent and well-researched book on a critically important issue that has not received the significant attention that it deserves within the field of international trade policy. Robert Read, Lancaster University Management School, UK In an international context, fairness is particularly important, since only a system which is perceived by its participants as fair can command acceptance and compliance. The main focus of this study is to investigate the development of the notion of fairness in US trade policy and law as well as the impact this notion has on international trade discussions and rule-making, and especially on the formation of the multilateral trade regime. The contention of the author, Americo Beviglia Zampetti, is that fairness concerns, which have been present in the US trade policy debates and treaty practice since the Republic s inception, have contributed to shaping these debates and practice over the years, both at home and abroad. These concerns were

On Trade Justice

On Trade Justice PDF Author: Mathias Risse
Publisher: Oxford University Press, USA
ISBN: 0198837410
Category : Philosophy
Languages : en
Pages : 289

Book Description
This work provides a radically new account of trade justice from its theoretical foundations to a range of specific issues. The state as an actor in the domain of global justice is central to the discussion which also explores the obligations of business. It provides a theoretical contribution to the creation of an exploitation-free world.

Social Justice in the Global Economy

Social Justice in the Global Economy PDF Author: Pranab K. Bardhan
Publisher:
ISBN:
Category : International business enterprises
Languages : en
Pages : 60

Book Description
This publication contains three papers presented at the ILO Social Policy lectures, held in South Africa in 2000, on the topic of development economics and globalisation and the links between social dynamics and economic growth. The papers discuss key issues involved in the promotion of social justice policies, including the mixed effects of globalisation on the working poor; the trade-offs between efficiency and equity; the new roles of government and civil society; and governance issues.

Global Justice and International Economic Law

Global Justice and International Economic Law PDF Author: Chi Carmody
Publisher: Cambridge University Press
ISBN: 1139503510
Category : Law
Languages : en
Pages :

Book Description
Since the beginnings of the GATT and the Bretton Woods institutions, and on to the creation of the WTO, states have continued to develop institutions and legal infrastructure to promote global interdependence. International lawyers are experts in understanding how these institutions operate in practice, but they tend to uncritically accept comparative advantage as the principal normative criterion to justify these institutions. In contrast, moral and political philosophers have developed accounts of global justice, but these accounts have had relatively little influence on international legal scholarship and on institutional design. This volume reflects the results of a symposium held at Tillar House, the American Society of International Law headquarters in Washington, DC, in November 2008, which brought together philosophers, legal scholars and economists to discuss the problems of understanding international economic law from the standpoints of rights and justice, in particular from the standpoint of distributive justice.

Social Justice, Global Dynamics

Social Justice, Global Dynamics PDF Author: Ayelet Banai
Publisher: Routledge
ISBN: 1136742158
Category : Political Science
Languages : en
Pages : 257

Book Description
Many theoretical publications make assumptions about the facts of globalization, and in particular about the role and autonomy of the nation state. These factual claims and assumptions often play an important role in justifying the normative conclusions, yet remain under-explored. This interdisciplinary volume examines questions that are central to the problems of both social and international justice, and in particular, to their interdependence: How do global and transnational factors influence the capacity of states to be internally just? Has the state lost its capacity for autonomous action in the global economy, and thus its ethical significance for theories of justice? If so, which institutional reforms could address this problem? What is the role of the state in a just international order? The authors address important connections between domestic social justice and global dynamics, by identifying problematic practices and trends in the current global order. They examine political, economic and legal changes and offer normative views on concrete policies and institutions that are particularly important and/or problematic – i.e. international health policies, the World Bank, taxation policies and the World Trade Organization. Focusing on the relationship between social and global justice and establishing connections between political theory and empirical research, this book is vital reading for students and scholars of Politics, International Relations, and Development Studies.

Unsustainable Inequalities

Unsustainable Inequalities PDF Author: Lucas Chancel
Publisher: Harvard University Press
ISBN: 0674250656
Category : Business & Economics
Languages : en
Pages : 185

Book Description
A Financial Times Best Book of the Year A hardheaded book that confronts and outlines possible solutions to a seemingly intractable problem: that helping the poor often hurts the environment, and vice versa. Can we fight poverty and inequality while protecting the environment? The challenges are obvious. To rise out of poverty is to consume more resources, almost by definition. And many measures to combat pollution lead to job losses and higher prices that mainly hurt the poor. In Unsustainable Inequalities, economist Lucas Chancel confronts these difficulties head-on, arguing that the goals of social justice and a greener world can be compatible, but that progress requires substantial changes in public policy. Chancel begins by reviewing the problems. Human actions have put the natural world under unprecedented pressure. The poor are least to blame but suffer the most—forced to live with pollutants that the polluters themselves pay to avoid. But Chancel shows that policy pioneers worldwide are charting a way forward. Building on their success, governments and other large-scale organizations must start by doing much more simply to measure and map environmental inequalities. We need to break down the walls between traditional social policy and environmental protection—making sure, for example, that the poor benefit most from carbon taxes. And we need much better coordination between the center, where policies are set, and local authorities on the front lines of deprivation and contamination. A rare work that combines the quantitative skills of an economist with the argumentative rigor of a philosopher, Unsustainable Inequalities shows that there is still hope for solving even seemingly intractable social problems.

Trade, Justice and the Wealth of Nations

Trade, Justice and the Wealth of Nations PDF Author: Duncan Munro
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 32

Book Description


Runaway Inequality

Runaway Inequality PDF Author: Les Leopold
Publisher:
ISBN: 9780692436301
Category : Equality
Languages : en
Pages : 0

Book Description
Revised, Updated Edition Runaway inequality is now America's most critical economic fact of life. In 1970, the ratio of pay between the top 100 CEOs and the average worker was 45 to 1. Today it is a shocking 829 to one! During that time a new economic philosophy set in that cut taxes, deregulated finance, and trimmed social spending. Those policies set in motion a process that greatly expanded the power of financial interests to accelerate inequality. But how exactly does that happen? Using easy-to-understand charts and graphs, Runaway Inequality explains the process by which corporation after corporation falls victim to systematic wealth extraction by banks, private equity firms, and hedge funds. It reveals how financial strip-mining puts enormous downward pressure on jobs, wages, benefits, and working conditions, while boosting the incomes of financial elites. But Runaway Inequality does more than make sense of our economic plight. It also shows why virtually all the key issues that we face--from climate change to the exploding prison population--are intimately connected to rising economic inequality. Most importantly, Runaway Inequality calls upon us to build a common movement to tackle the sources of increasing income and wealth inequality. As the author makes clear, the problem will not cure itself. It will take enormous energy and dedication to bring economic justice and fairness back to American society. The book is divided into four parts: Part I: What is the fundamental cause of runaway economic inequality? What has made our economy less fair and left most of us less secure? Part II: How does the United States really compare with other major developed countries? How do we stack up on quality of life, health, and well-being? Part III: What does economic inequality have to do with so many of the critical issues we face, including taxes, debt, education, criminal justice, racism, climate change, foreign trade, and war? Part IV: What concrete steps can we take to begin building a fair and just society? From the book: "There is nothing in the economic universe that will automatically rescue us from runaway inequality. There is no pendulum, no invisible political force that 'naturally' will swing back towards economic fairness. Either we wage a large-scale battle for economic, social, and environmental justice, or we will witness the continued deterioration of the world we inhabit. The arc of capitalism does not bend towards justice. We must bend it."