Abstract
Since trade is important to linking the world together, it seems appropriate for the WTO to undertake formal co-ordination with other international institutions and to establish serious work groups on the environment, labour standards, culture, community or any other issue with systemic implications.
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Notes
See, for example, J.N. Bhagwati. ‘The Demands to Reduce Diversity among Trading Nations’, mimeo; J.N. Bhagwati, ‘The Case for Free Trade’, Scientific American, November 1993; J.N. Bhagwati, ‘Labour Standards, Social Clause and WTO’, House Banking Committee Testimony, 28 June 1994; J.N. Bhagwati and T.N. Srinivasan, ‘Trade and the Environment: Does Environmental Diversity Detract from the Case for Free Trade?’ mimeo, July 1994; J.N. Bhagwati. ‘The WTO: What Next?’, 1994 Harold Wincott Memorial Lecture (London: Institute for Economic Affairs, 1994).
It is often forgotten how big international income differences are: even measured at common international prices, the incomes per head of the Swiss are 20 times higher than those of Indians. See World Bank, World Development Report 1993, Investing in Health (Washington, DC: Oxford University Press, for the World Bank)
Adrian Wood, ‘The Factor Content of North-South Trade in Manufactures Reconsidered’, Weltwirtschaftliches Archiv, vol. 127, no. 4, 1991, pp. 719–43.
See Bhagwati, Free Traders and Free Immigrationists: Strangers or Friends?, Working Paper 20 (New York: Russell Sage Foundation, April 1991).
Daniel C. Esty, Greening the Gatt: Trade, Environment and the Future (Washington, DC: Institute for International Economics, 1994).
Kym Anderson, Economic Growth, Environmental Issues and Trade, Discussion Paper No. 830 (London: Centre for Economic Policy Research, 1993).
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© 1996 V. N. Balasubramanyam and D. Greenaway
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Wolf, M. (1996). People Who Live in Greenhouses. In: Balasubramanyam, V.N., Greenaway, D. (eds) Trade and Development. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25040-0_7
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