Fairness In The World Economy
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Author |
: Americo Beviglia Zampetti |
Publisher |
: Edward Elgar Publishing |
Total Pages |
: 231 |
Release |
: 2006-01-01 |
ISBN-10 |
: 9781847200280 |
ISBN-13 |
: 1847200281 |
Rating |
: 4/5 (80 Downloads) |
Synopsis Fairness in the World Economy by : Americo Beviglia Zampetti
Americo Beviglia Zampetti s Fairness in the World Economy provides an important lens into understanding fairness debates in contemporary trade discourse. . . an important contribution to the trade literature. . . the historical excavation that Fairness in the World Economy provides is of great value. Students and scholars alike will find Zampetti s clear and concise history of US trade policy from the founding to the present to be extremely useful. More importantly, at a time when there is widespread argument that too few share in [globalization s] benefits [and] too many have no voice in its design and no influence on its course, Fairness in the World Economy invites its readers to consider the adequacy of the level playing field notion of fairness and to grapple with the politically contentious question of how trade can help create a more just international economic order. Jeffrey L. Dunoff, The American Journal of International Law This is an unusually timely and insightful work, addressing the crucial issue of the justice of globalization. The author avoids the polemics and abstractions with which this question is usually treated; his economic literacy as well as hands-on policy experience in international and transnational institutions, make this a uniquely practical, balanced and nuanced account, bringing much clarity to a heated debate, which usually divides the different disciplines and specialities rather than inciting their engagement. Robert L. Howse, University of Michigan, Ann Arbor, US This volume describes the birth (with all the birth defects) of the notion of fairness in the US. The extent of the author's research is quite breathtaking: not only does he delve into an infinite series of official and semi-official documents, but he also looks at case law, opinions expressed in the literature etc., to come up with an expression of (US) fairness that does not suffer from selection bias. But this is only half what the author has accomplished through his work. He goes on to examine how US fairness has been exported to international institutions (such as the GATT/WTO regime) and demonstrates how, once discussed and shaped among all trading partners, it has come back to the US in a different form. The book thus provides both the inside out and the outside in perspective. It will prove invaluable for the political scientist, the economic historian and the lawyer alike. Petros C. Mavroidis, Edwin B. Parker Professor of Law, Columbia Law School, US and University of Neuchatel, Switzerland & CEPR This book represents a significant scholarly contribution to the field of international political economy, with particular respect to the evolution of the multilateral trading system. The author engages effectively with the current debate concerning the conflict between the legalistic foundations of the multilateral trading system underpinned by the equality of nation states and the demands for fair trade on the basis of inter-personal equity. It is a coherent and well-researched book on a critically important issue that has not received the significant attention that it deserves within the field of international trade policy. Robert Read, Lancaster University Management School, UK In an international context, fairness is particularly important, since only a system which is perceived by its participants as fair can command acceptance and compliance. The main focus of this study is to investigate the development of the notion of fairness in US trade policy and law as well as the impact this notion has on international trade discussions and rule-making, and especially on the formation of the multilateral trade regime. The contention of the author, Americo Beviglia Zampetti, is that fairness concerns, which have been present in the US trade policy debates and treaty practice since the Republic s inception, have contributed to shaping these debates and practice over the years, both at home and abroad. These concerns were
Author |
: Aaron James |
Publisher |
: OUP USA |
Total Pages |
: 381 |
Release |
: 2012-04-13 |
ISBN-10 |
: 9780199846153 |
ISBN-13 |
: 0199846154 |
Rating |
: 4/5 (53 Downloads) |
Synopsis Fairness in Practice by : Aaron James
In this book, the author argues that to achieve a fair global economy, there must be compensation of people harmed by their exposure to the global economy, but also equal division of the "gains of trade" across societies.
Author |
: Geoff Moore |
Publisher |
: Springer Science & Business Media |
Total Pages |
: 230 |
Release |
: 2010-04-08 |
ISBN-10 |
: 9789048188406 |
ISBN-13 |
: 9048188407 |
Rating |
: 4/5 (06 Downloads) |
Synopsis Fairness in International Trade by : Geoff Moore
This book arises out of papers delivered at the World Congress of the International Society of Business, Economics and Ethics (ISBEE) held in Cape Town in 2008. There are two sections. First, a number of key papers provide an insight into global business, wealth creation and welfare issues with particular reference to the African continent - appropriate for a Congress that was based in South Africa and drew wide participation from African scholars. Second, it provides the output from a global research project on "Fairness in International Trade" which ran over the two years prior to the Congress. This project drew together the work of scholars in five regions across the globe and is the first time that such a global perspective has been attempted. This book is aimed at academics working in the area of international trade or development economics particularly those who have an interest in the ethical dimensions of trade. It will also be of interest to students of development economics and business ethics particularly at Masters and Doctoral level.
Author |
: Aaron James |
Publisher |
: |
Total Pages |
: 381 |
Release |
: |
ISBN-10 |
: OCLC:794545829 |
ISBN-13 |
: |
Rating |
: 4/5 (29 Downloads) |
Synopsis Fairness in Practice by : Aaron James
If the global economy seems unfair, how should we understand what a fair global economy would be? What ideas of fairness, if any, apply, and what significance do they have for policy and law?Working within the social contract tradition, this book argues that fairness is best seen as a kind of equity in practice. The global economy as we know it is organized by an international social practice in which countries mutually rely upon common markets. This practice generates shared responsibilities of "structural equity," independently of humanitarian, human rights, or other justice concerns, for how benefits and burdens are distributed across different societies and their social classes. Equity in the practice of trade requires not only compensation of people harmed by their exposure to global economic forces, but also equal division of the "gains of trade," across and within societies, unless still greater gains flow to developing countries. Fairness therefore calls for strong social insurance schemes, international capital controls, policy flexibility for developing countries, and more-all as the "fair price" of free trade.
Author |
: World Commission on the Social Dimension of Globalization |
Publisher |
: International Labour Organization |
Total Pages |
: 194 |
Release |
: 2004 |
ISBN-10 |
: 9221154262 |
ISBN-13 |
: 9789221154266 |
Rating |
: 4/5 (62 Downloads) |
Synopsis A Fair Globalization by : World Commission on the Social Dimension of Globalization
This report has been compiled by the World Commission on the Social Dimensions of Globalization, an independent body established by the International Labour Organization (ILO) in 2002, and whose membership includes international politicians and government advisers from developed and developing countries, academics and representatives of business and multinational corporations, trade unions and civil society organisations. The report explores the social dimensions of globalisation and the need to build a fair and inclusive global economic system, and argues that the dominant perspective on globalisation must shift from a narrow focus on markets to encompass a broader recognition of the needs of people in the communities in which they live. Issues highlighted and recommendations made in the report include: better governance and accountability at both national and international levels to foster productive and equitable markets; empowerment of local communities, including gender equality; sustainable development based on the interdependent pillars of economic, social and environmental development; fairer rules for international trade, investment and finance; measures to overcome inequality and raise capacity to meet the Millennium Development Goals (MDGs); and a stronger multilateral framework based on an effective United Nations.
Author |
: Charlie Ogden |
Publisher |
: Our Values |
Total Pages |
: 32 |
Release |
: 2020-01-28 |
ISBN-10 |
: 1789980755 |
ISBN-13 |
: 9781789980752 |
Rating |
: 4/5 (55 Downloads) |
Synopsis Fair Trade and Global Economy by : Charlie Ogden
Our Values gives readers their first taste of some of the most important values in today's world. Here children can explore what it means to be part of a society and discover the cultural and spiritual diversity that life has to offer.
Author |
: Edward E. Zajac |
Publisher |
: MIT Press |
Total Pages |
: 348 |
Release |
: 1995 |
ISBN-10 |
: 0262740192 |
ISBN-13 |
: 9780262740197 |
Rating |
: 4/5 (92 Downloads) |
Synopsis Political Economy of Fairness by : Edward E. Zajac
This work questions how governments should balance the aims of justice and economic efficiency when intervening in the economy. It covers the main advances of fairness theory and reviews the experimental work of economists as well as the more standard approaches of moral philosophers.
Author |
: Ethan B. Kapstein |
Publisher |
: Princeton University Press |
Total Pages |
: 276 |
Release |
: 2010-12-16 |
ISBN-10 |
: 9781400837595 |
ISBN-13 |
: 1400837596 |
Rating |
: 4/5 (95 Downloads) |
Synopsis Economic Justice in an Unfair World by : Ethan B. Kapstein
Recent years have seen a growing number of activists, scholars, and even policymakers claiming that the global economy is unfair and unjust, particularly to developing countries and the poor within them. But what would a fair or just global economy look like? Economic Justice in an Unfair World seeks to answer that question by presenting a bold and provocative argument that emphasizes economic relations among states. The book provides a market-oriented focus, arguing that a just international economy would be one that is inclusive, participatory, and welfare-enhancing for all states. Rejecting radical redistribution schemes between rich and poor, Ethan Kapstein asserts that a politically feasible approach to international economic justice would emphasize free trade and limited flows of foreign assistance in order to help countries exercise their comparative advantage. Kapstein also addresses justice in labor, migration, and investment, in each case defending an approach that concentrates on nation-states and their unique social compacts. Clearly written for all those with a stake in contemporary debates over poverty reduction and development, the book provides a breakthrough analysis of what the international community can reasonably do to build a global economy that works to the advantage of every nation.
Author |
: Eric Protzer |
Publisher |
: Polity |
Total Pages |
: 180 |
Release |
: 2022-01-04 |
ISBN-10 |
: 1509548114 |
ISBN-13 |
: 9781509548118 |
Rating |
: 4/5 (14 Downloads) |
Synopsis Reclaiming Populism by : Eric Protzer
The rise of populism is usually attributed by commentators to either income inequality or culture wars. We are witnessing, they argue, either the displaced anger of the 99% or the revenge of the ‘deplorables’ against the ‘liberal elite’. They are wrong. In this forensic book, Eric Protzer and Paul Summerville argue that populism is actually a response to a profound sense that many of the world’s leading economies are unfair. They show that in meritocratic countries, such as Australia, Canada, Portugal, and Japan, populism has not taken root. In contrast, the countries that have been hit by the worst populist upheavals - like the US, UK, France, and Italy – have low social mobility. The way to address populism is to restore the connection between contribution and reward and craft a politics that reclaims the reasonable grievances that drive populism while discarding its false diagnoses and toxic ‘solutions’. Reclaiming Populism is a must-read for policy-makers, scholars and citizens who want to understand the crises of our age and bring disenchanted populist voters back into the fold of liberal democracy.
Author |
: Venkat Venkatasubramanian |
Publisher |
: Columbia University Press |
Total Pages |
: 410 |
Release |
: 2017-08-08 |
ISBN-10 |
: 9780231543224 |
ISBN-13 |
: 0231543220 |
Rating |
: 4/5 (24 Downloads) |
Synopsis How Much Inequality Is Fair? by : Venkat Venkatasubramanian
Many in the United States feel that the nation’s current level of economic inequality is unfair and that capitalism is not working for 90% of the population. Yet some inequality is inevitable. The question is: What level of inequality is fair? Mainstream economics has offered little guidance on fairness and the ideal distribution of income. Political philosophy, meanwhile, has much to say about fairness yet relies on qualitative theories that cannot be verified by empirical data. To address inequality, we need to know what the goal is—and for this, we need a quantitative, testable theory of fairness for free-market capitalism. How Much Inequality Is Fair? synthesizes concepts from economics, political philosophy, game theory, information theory, statistical mechanics, and systems engineering into a mathematical framework for a fair free-market society. The key to this framework is the insight that maximizing fairness means maximizing entropy, which makes it possible to determine the fairest possible level of pay inequality. The framework therefore provides a moral justification for capitalism in mathematical terms. Venkat Venkatasubramanian also compares his theory’s predictions to actual inequality data from various countries—showing, for instance, that Scandinavia has near-ideal fairness, while the United States is markedly unfair—and discusses the theory’s implications for tax policy, social programs, and executive compensation.