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Development Through International Trade: UN Conference on Trade and Development

In: Not Paying the Rent

Author

Listed:
  • Neil Wilcock

    (Leipzig University)

  • Edgar Federzoni dos Santos

    (Leipzig University
    University of Vienna)

Abstract

This chapter explores the two levels of governance, the international and the national, that require transformation if trade is to be development-focused rather than being used to solidify rentiers control of the most lucrative assets. As trading rules are geared towards upholding poor terms of trade which inhibits development, the political battle needs to be won to create transformative rules which target overcoming underdevelopment. Developing countries successfully altered the terms of trade through the Lomé Conventions in the past and through an organisation like UNCTAD must rediscover non-reciprocal trading agreements in the future economy.

Suggested Citation

  • Neil Wilcock & Edgar Federzoni dos Santos, 2021. "Development Through International Trade: UN Conference on Trade and Development," Springer Books, in: Neil Wilcock & Edgar Federzoni dos Santos (ed.), Not Paying the Rent, chapter 0, pages 123-134, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-78861-2_9
    DOI: 10.1007/978-3-030-78861-2_9
    as

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