Tag Archives : trade globalization

Deglobalization: curing the economic and social ills of globalization

Deglobalization: curing the economic and social ills of globalization

Neoliberalism is founded on free trade, the concept of private business, and a minimal role of the state. It is the mental framework of globalization. It also comes with a huge social cost. To offer a comprehensive paradigm to replace neoliberal globalization is deglobalization for the developing countries. The deglobalization paradigm rests on some [...]
Old and New Trade Colonialism in Africa: a tactic with no benefit to Africans

Old and New Trade Colonialism in Africa: a tactic with no benefit to Africans

In the spirit of supporting and justifying further colonial efforts in Africa, there have been some arguments as to why colonialism has done Africa a lot of good. In reality, global trade has not benefited African people. They have been used in the grand globalization of trade by way of being source of raw materials and manual labor, but nothing much [...]
Recession: Scourge of the WTO

Recession: Scourge of the WTO

Before 2000, the buzzword ‘WTO’ was less understood. The primordial concern of tariff reduction was somehow nondescript to people. It was, perhaps, in the later concept of the governments’ uses of ‘non-tariff barriers to trade’ that got the WTO much press. The WTO has been controversial in such areas as anti-dumping measures, environmental [...]