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Trade, Globalisation and Development

  • Peter de Haan
Chapter
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Abstract

This first section of this chapter includes a brief overview of trade theories, followed by a presentation of globalisation’s positive effects and its downsides. Section 7.4 explains how the spirit of multilateralism came about and which institutions were created to regulate international trade. Finally, two questions are dealt with: (i) to what extent developing countries benefit from international trade and globalisation, and (ii) what can be done to let developing countries benefit more from international trade and globalisation?

Keywords

International trade theories Pros and cons of globalisation GATT UNCTAD WTO Multilateralism under threat International trade and developing countries 

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Copyright information

© The Author(s) 2020

Authors and Affiliations

  • Peter de Haan
    • 1
  1. 1.The HagueThe Netherlands

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