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Sustainable development and North-South trade

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  • Chichilnisky, Graciela

Abstract

The present acceleration of environmental destruction can be linked to the economic trading strategies that came into vogue after World War II. The theory of comparative advantages of trade, which recommends that developing countries emphasize resource exports and exports of labor-intensive products, has proven devastating to both the economies and environments of Latin America and Africa. In contrast, the Asian Tigers approach based on external economies of scale, has generated knowledge-intensive products where benefits spread across whole industries and whole economies, leading to more economic growth with much less environmental degradation. Such an approach should be promoted throughout the world trading system instead of the resource-intensive patterns of growth that continue to threaten our global environment. This is particularly important because other resource-conserving strategies, such as green accounting and property rights regimes, remain politically unattainable.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 8894.

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Date of creation: 1998
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Handle: RePEc:pra:mprapa:8894

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Related research

Keywords: economic development; knowledge revolution; sustainable development; international trade; global environment; biodiversity; policy;

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References

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  1. Chichilnisky, G., 1992. "Traditional Comparative Advantages vs Economies of Scale: NAFTA and the GATT," Papers 93-13, Columbia - Graduate School of Business.
  2. Graciela Chichilnisky & Geoffrey Heal, 1993. "Who Should Abate Carbon Emissions? An International Viewpoint," NBER Working Papers 4425, National Bureau of Economic Research, Inc.
  3. Chichilnisky, Graciela, 1977. "Development patterns and the international order," MPRA Paper 7991, University Library of Munich, Germany.
  4. Chichilnisky, Graciela, 1993. "The abatement of carbon emissions in industrial and developing countries," MPRA Paper 8390, University Library of Munich, Germany.
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Cited by:
  1. Chichilnisky, Graciela, 2009. "Avoiding Extinction: Equal Treatment of the Present and the Future," Economics Discussion Papers 2009-8, Kiel Institute for the World Economy.

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