Winner of the Nobel Prize in Economics and author of the New\nYork Times bestselling book Globalization and Its Discontents,\nJoseph E. Stiglitz here joins with fellow economist Andrew Charlton\nto offer a challenging and controversial argument about how\nglobalization can actually help Third World countries to develop\nand prosper.

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In Fair Trade For All, Stiglitz and Charlton address one of the\nkey issues facing world leaders today–how can the poorer countries\nof the world be helped to help themselves through freer, fairer\ntrade? To answer this question, the authors put forward a radical\nand realistic new model for managing trading relationships between\nthe richest and the poorest countries. Their approach is designed\nto open up markets in the interests of all nations and not just the\nmost powerful economies, to ensure that trade promotes development,\nand to minimize the costs of adjustments. Beginning with a brief\nhistory of the World Trade Organization and its agreements, the\nauthors explore the issues and events which led to the failure of\n2003 Cancun summit and the obstacles that face the successful\ncompletion of the Doha Round of negotiations. Finally they spell\nout the reforms and principles upon which a successful agreement\nmust be based.

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Vividly written, highly topical, and packed with insightful\nanalyses, Fair Trade For All offers a radical new solution to the\nproblems of world trade. It is a must read for anyone interested in\nglobalization and development in the Third World.

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