The landscape of the world economy is changing rapidly, including new and much more powerful roles for the IMF and World Bank, as well as the rapid growth of wider free trade areas in North America and Europe. Current global trading arrangements, however, involve serious obstacles for exporters from the South as well as rivalries between the major economies.

This book explores how the international trading system came into existence, the ways in which commodity markers work today, and why the poor countries of the South are facing not free trade, but unfair trade. It traces the stages of the world's economic development which has resulted in a this stark imbalance between North and South, following the chain of trade from crop to shop.

The book's lessons are relevant to students, policy makers, and all those interested in a world trading system built on more than market muscle and the profit motive - a system that serves the interests of ordinary people everywhere.

About the Author
Michael Barratt Brown has, since 1985, been chair of the Third World Information Network (TWIN) and Twin Trading Ltd, both of which have helped pioneer alternative trading links between North and South. His books include What Economics is About (1970) and Models in Political Economy (1984).

Reviews
'A book full of originality which offers an alternative theory and an alternative programme to those currently being imposed on the weak by the strong.'
Robin Murray, Institute of Development Studies, University of Sussez



Book Information
ISBN 9781856490740
Author Michael Barratt Brown
Format Paperback
Page Count 236
Imprint Zed Books Ltd
Publisher Bloomsbury Publishing PLC