Brown Urges End to 'Scandalous' Trade Barriers
Monday January 17, 2005
Yesterday's article on free trade proved to be quite popular, so I thought I'd link to another one today. This one is by Rebecca Harrison of Reuters:
"Rich countries must dismantle trade barriers and scrap "scandalous" subsidies for their own industries to give poor nations a fair shot at world markets, British finance minister Gordon Brown said on Sunday.
At the end of a four-nation tour of Africa aimed at kicking poverty to the top of the world agenda, Brown also urged rich countries to help Britain set up a fund to aid poor nations in developing the infrastructure needed to compete globally.
"It is not enough to say 'you're on your own, simply compete'. We have to say 'we will help you build the capacity you need to trade'," Brown said in a prepared speech."
I agree with Mr. Brown's position. It's good to see a high-ranking politician of an EU country take such a stand. I particularly like the fact that this article pointed out that more "was spent on an average European cow every day than on a poor African". This has got to stop.
More information on free trade and globalization:
1. Does Freer Trade Mean Lower Environmental Standards?
2. Why Are Tariffs Preferable to Quotas?
3. The Economic Effect of Tariffs
In other news the last two chapters of Conte and Carr's Outline of the U.S. Economy are now on the site:
CHAPTER 10: Foreign Trade and Global Economic Policies
1. An Introduction to Foreign Trade
2. Mounting Trade Deficits in the United States
3. From Protectionism to Liberalized Trade
4. American Trade Principles and Practice
5. Trade Under the Clinton Administration
6. Multilateralism, Regionalism, and Bilateralism
7. Current U.S. Trade Agenda
8. Trade with Canada, Mexico, and China
9. The U.S. Trade Deficit
10. History of the U.S. Trade Deficit
11. The American Dollar and the World Economy
12. The Bretton Woods System
13. The Global Economy
14. Development Assistance
CHAPTER 11: Beyond Economics
1. Reviewing the American Economic System
2. How Fast Should the Economy Grow?
"Rich countries must dismantle trade barriers and scrap "scandalous" subsidies for their own industries to give poor nations a fair shot at world markets, British finance minister Gordon Brown said on Sunday.
At the end of a four-nation tour of Africa aimed at kicking poverty to the top of the world agenda, Brown also urged rich countries to help Britain set up a fund to aid poor nations in developing the infrastructure needed to compete globally.
"It is not enough to say 'you're on your own, simply compete'. We have to say 'we will help you build the capacity you need to trade'," Brown said in a prepared speech."
I agree with Mr. Brown's position. It's good to see a high-ranking politician of an EU country take such a stand. I particularly like the fact that this article pointed out that more "was spent on an average European cow every day than on a poor African". This has got to stop.
More information on free trade and globalization:
1. Does Freer Trade Mean Lower Environmental Standards?
2. Why Are Tariffs Preferable to Quotas?
3. The Economic Effect of Tariffs
In other news the last two chapters of Conte and Carr's Outline of the U.S. Economy are now on the site:
CHAPTER 10: Foreign Trade and Global Economic Policies
1. An Introduction to Foreign Trade
2. Mounting Trade Deficits in the United States
3. From Protectionism to Liberalized Trade
4. American Trade Principles and Practice
5. Trade Under the Clinton Administration
6. Multilateralism, Regionalism, and Bilateralism
7. Current U.S. Trade Agenda
8. Trade with Canada, Mexico, and China
9. The U.S. Trade Deficit
10. History of the U.S. Trade Deficit
11. The American Dollar and the World Economy
12. The Bretton Woods System
13. The Global Economy
14. Development Assistance
CHAPTER 11: Beyond Economics
1. Reviewing the American Economic System
2. How Fast Should the Economy Grow?
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