2006 Articles

Fair Trade for All: How Trade Can Promote Development

Stiglitz, Joseph E.; Andrew, Charlton; De Freitas Barbosa, Alexandre

No one, not even the representatives of the United States, challenged the charges that we made against the gross inequities of the previous rounds, or even the inequities of some of the proposals then under discussion. But the trade ministers say in private, "What are we to do? Our congresses and parliaments have tied our hands. We live in democracies, and that is part of the price one has to pay for democracy."