Affiliation:
1. Institute of Government and Public Affairs, University of Illinois at Chicago, 815 Van Buren Street, Suite 525, Chicago, IL 60607;
Abstract
A modified three-sector, two-good, Roemerian model, first developed by Hahnel (1980), is used to analyze different international trading regimes. “Free trade” leads to “unequal exchange,” which produces poverty in the South and unemployment in the North. “Fair trade” eliminates inequality but preserves a global division of labor that limits long-term development. A“global Marshall Plan” and a “ Solidarity trading regime” generate equitable and sustainable long-term development for the South and the North.
Subject
Economics and Econometrics,Philosophy
Cited by
13 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献