This book takes a fresh look at this issue in economic policy. Graham Dunkley provides a critical history of international trade and an alternative analysis to orthodox doctrines about trade policy. He argues that trade, although a natural economic process, has today become much more complex, deregulated and divorced from development than is desirable. He concludes by suggesting elements of a new approach to development and an alternative world trading and economic order.

A review of the history of 20th-century trade agreements, tracing what happened to the General Agreement on Tariffs and Trade (GATT) before the Uruguay Round. It examines the benefits and hidden costs of the WTO Agreements, their implications for weaker ec

Are free trade and globalization the best method of development for all nations at all times? Absolutely not, argues Graham Dunkley in this critical and in-depth analysis of the global failures of neoliberal economic policies. Through a careful examination of many recent case studies, Dunkley reveals that the evidence of the positive and transformative effects of free trade and globalization are, at best, extremely mixed. He asserts that, rather than imposing discredited and destructive free market policies on developing countries, it is possible to create a more democratic approach to world...

Are free trade and globalization the best method of development for all nations at all times? Absolutely not, argues Graham Dunkley in this critical and in-depth analysis of the global failures of neoliberal economic policies. Through a careful examination of many recent case studies, Dunkley reveals that the evidence of the positive and transformative effects of free trade and globalization are, at best, extremely mixed. He asserts that, rather than imposing discredited and destructive free market policies on developing countries, it is possible to create a more democratic approach to world...