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Two Principles for the Next Round or, How to Bring Developing Countries in from the Cold

Stiglitz, Joseph E.

Stresses the need to encourage third world countries to participate in the trade liberalization debate of the World Trade Organization. Inability of poor countries to afford the costs of inefficient resource allocation and the reduction of outside flows; Benefits of trade liberalization to countries; Need for fairness and comprehensiveness in the debate about trade liberalization.



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World Economy

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April 9, 2013
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