Gillian Brock
- Published in print:
- 2009
- Published Online:
- May 2009
- ISBN:
- 9780199230938
- eISBN:
- 9780191710957
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199230938.003.0009
- Subject:
- Philosophy, Political Philosophy, Moral Philosophy
This chapter begins by arguing that the link between free trade and poverty reduction is not as straightforward as some believe. Though there is a role for trade liberalization, its pace, sequencing ...
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This chapter begins by arguing that the link between free trade and poverty reduction is not as straightforward as some believe. Though there is a role for trade liberalization, its pace, sequencing and other complementary policies are also crucial to its success. Special and differential treatment can be justified for vulnerable, developing nations. The chapter considers what economic justice requires. Rejecting Kapstein's model, it argues for an alternative account of economic justice, according to which the international community makes it possible for each country to have reasonable opportunities to achieve the kind and level of economic activity necessary to sustain the goals of global justice introduced in Chapter 3. The chapter discusses ways in which we can discharge this obligation and also ways in which the global economic order can assist in improving working conditions and wages, through programs such as “Just Linkage”, advocated by Barry and Reddy.Less
This chapter begins by arguing that the link between free trade and poverty reduction is not as straightforward as some believe. Though there is a role for trade liberalization, its pace, sequencing and other complementary policies are also crucial to its success. Special and differential treatment can be justified for vulnerable, developing nations. The chapter considers what economic justice requires. Rejecting Kapstein's model, it argues for an alternative account of economic justice, according to which the international community makes it possible for each country to have reasonable opportunities to achieve the kind and level of economic activity necessary to sustain the goals of global justice introduced in Chapter 3. The chapter discusses ways in which we can discharge this obligation and also ways in which the global economic order can assist in improving working conditions and wages, through programs such as “Just Linkage”, advocated by Barry and Reddy.