Mainstream policy economics has been gradually lowering its claims about the positive impact of trade on development and poverty reduction. The new approach is a compassionate agenda that says if trade liberalization is to reduce poverty, it must be flanked by public investment in infrastructure and human capital. However, this new agenda raises numerous questions about how to finance public investments, whether these investments should be sequenced in advance of liberalization, and whether trade liberalization is desirable if the investments are not made. Most importantly, the new agenda still does not address the systemic critique that trade liberalization hinders development by eliminating important policy tools.
Ratifying Global Toxics Treaties: The U.S. Must Provide Leadership
WTO Agreement on Agriculture: Suitable Model for a Global Food System?
Iraq’s New Patent Law
When Former Coalition Provisional Authority (CPA) administrator L. Paul Bremer III left Baghdad after the highly publicized “transfer of sovereignty” in June 2004, he left his imprint through 100 orders that he enacted as chief of the occupation authority in Iraq. Among them is Order 81 regarding “Patent, Industrial Design, Undisclosed Information, Integrated Circuits and Plant Variety.”1 This order amends Iraq’s original patent law of 1970, and unless and until it is revised or repealed by a new Iraqi government, it wields the status and force of a binding law.2 With important implications for farmers and the future of agriculture in Iraq, this order is yet another important component in Washington’s attempts to radically transform Iraq’s economy.
Corporate Welfare for Jumbo Shrimp
Pity the U.S. shrimp industry. Over the last decade, shrimp have evolved from a delicacy only the rich could afford to the most popular seafood in America. The problem is, Gulf Coast trawlers can only catch 10% of the countryÂs demand. The rest comes from imports, and 230 U.S. companies, joined together in the Southern Shrimp Alliance, feel that is unfair.
Farming for Families and Food, Not Corporate Profits
Two contradictory visions of globalization are sweeping around the world: one favors a top-down model of economic development via militaristic, corporate aggression. The other favors grassroots-led, democratic pluralism and seeks to produce diverse local development models suited to the needs of local communities.
The Iglesias Legacy and the IDB’s Future
en Espanol: El Legado de Iglesias y el Futuro del BID
The Limits of Cotton: White Gold Shows its Dark Side in Benin
According to World Bank President Paul Wolfowitz, it is an “extraordinary moment in history”i for Africa. World leaders have made a big step towards debt cancellation. If celebrity involvement is any indication, this is the largest upwelling of public concern in Europe and North America for African poverty in recent years.
Food Bully
The decision by the Bush administration to sue the European Union (EU) over its five-year moratorium on genetically modified (GM) foods has all the earmarks of a “shock and awe” campaign targeted at prying open a major potential market. But the suit before the World Trade Organization (WTO) may be aimed less at the EU than at developing nations, which are far more vulnerable to strong-arm tactics.
Protecting Agriculture: “Zero-Tolerance” on Farm Subsidies
Protecting Agriculture: “Zero-Tolerance” on Farm Subsidies By Devinder Sharma February 5, 2003
