Talk of the dangers of trade protectionism is used by European politicians to obscure the need for protection from transnational corporations whose control of European trade policy continues to cause negative social and environment impacts. Susan George and Myriam Vander Stichele debate MEP Ignasi Guardans and Chief Economist DG Trade, Gaspar Frontini, in TNI's Debating Europe series.
Far-reaching tariff elimination and liberalization of government procurement can have negative effects on the most vulnerable and marginalized groups in Indian society and hamper rather than foster human development.
This study analyses existing legal means of holding European transnational companies liable for extraterritorial human rights violations. The authors examine four representative legal cases against European companies in Latin America that revolve around problems typical in the region.
Today, just as faith in deregulated markets has evaporated in the nightmare on Wall Street, so too is the long reign of market fundamentalism (or neoliberalism) ending in the development arena. And, a debate over the best route to development has returned.
The collapse of WTO talks has brought the problems of the international trade system to the surface. It is now time to overhaul a 'free trade' system that protects corporate globalisation at the expense of poverty eradication and sustainability
The collapse of the WTO talks at the end of July 2008 was not a surprise.