Beyond Neoliberal Trade

>> Read article published by Boston Review

PERI’s Arjun Jayadev and co-author Josh Mason advance a critique of neoliberal trade policies and alternative egalitarian global trade policies. They present a developmental framework, through which the standard for evaluating the global trading system is not whether it allows countries to specialize according to their existing productive capacities but whether it creates space for the transformation of those capacities. They also reject the neoliberal separation between a country’s trade policies and its domestic economy objectives, such as sustaining full employment. These critiques provide the basis for developing an alternative egalitarian global trade framework.