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The new trade agenda

Universal Rules Amid Cultural Diversity

Bibliographic Data

ID3716834
AuthorsVincent Cable (corresponding author)
Year1996
Volume72
Issue2
Pages227-246
Publication date1996-04-01
Open AccessNo
TypeARTICLE
VenueInternational Affairs (JOURNAL)
Journal identifiersISSN: 0020-5850 • E-ISSN: 1468-2346
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.2307/2624353
OpenAlexW2331608201
LanguageEN
Citations received9

In reviewing the new agenda for trade policy to take the world trading system into the twenty-first century, the author identifies both a general trend towards consensus on the benefits of an open, liberal market system and particular areas where conflicts exist and will require to be addressed. He discusses in turn the issues of inclusiveness and discrimination; the growing salience of trade in ‘cultural’ products within the trading system and of maintaining universal rules in a culturally diverse world. The issue of cultural diversity arises in several contexts: the coexistence of different business cultures within a global ‘capitalist’ model; the problems surrounding harmonization or mutual toleration of standards, and the cultural implications of action in this area; and the problematic appliciation of ethical preferences in trade policy. He concludes by addressing the element of increasing hostility to international economic integration that is rooted in fears for social cohesion and economic well-being among Western publics, and argues that while managing globalization will not be easy, the available evidence suggests that many of these anxieties are unfounded and that to attempt to act on them in the realm of trade policy would cause more harm than good

Cultural diversity · Economic integration · Economics · Free trade · Globalization · Harm · Harmonization · International trade · Law and economics · Political economy · Political science · Politics · Salience (neuroscience) · Sociology · Toleration · Trade barrier · Global Economic and Social Development · International Development and Aid · Law · World Trade Organization Law

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Citations per year0.31
Citation span1997 - 2009 (13)
Highly citedNo

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