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International Trade And Global Stability

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  • Gerald P. O'Driscoll
  • Sara F. Cooper

Abstract

Trade liberalisation has played a critical role in advancing peace and prosperity. Differences on agriculture have been the major impediment to a future multilateral trade round. The recent agreement on agriculture at the WTO meetings in Geneva may signal a breakthrough in that sector. This article analyses the benefits of recent trade agreements and examines the prospects for future ones. It also presents an alternative framework for advancing trade, the Global Free Trade Association.

Suggested Citation

  • Gerald P. O'Driscoll & Sara F. Cooper, 2005. "International Trade And Global Stability," Economic Affairs, Wiley Blackwell, vol. 25(2), pages 37-43, June.
    • Handle: RePEc:bla:ecaffa:v:25:y:2005:i:2:p:37-43
    DOI: 10.1111/j.1468-0270.2005.00549.x
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    References listed on IDEAS

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    1. Dollar, David & Kraay, Aart, 2002. "Growth Is Good for the Poor," Journal of Economic Growth, Springer, vol. 7(3), pages 195-225, September.
    2. Patrick Messerlin, 2003. "Agriculture in the Doha Agenda," Working Papers hal-00972813, HAL.
    3. Alston, Richard M & Kearl, J R & Vaughan, Michael B, 1992. "Is There a Consensus among Economists in the 1990's?," American Economic Review, American Economic Association, vol. 82(2), pages 203-209, May.
    4. Krauss, Melvyn, 1997. "How Nations Grow Rich: The Case for Free Trade," OUP Catalogue, Oxford University Press, number 9780195112375.
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