[Increased international trade characterizes economic globalization. Three views of such trade can be found in Catholic political economy. (1) From the 1930s to the mid-1960s: a strong defense of free trade. (2) From the mid-1960s to the mid-1970s: suspicion of free trade as exploiting poorer nations. (3) From the 1990s to the present: free trade as a “mixed blessing.” The author concludes that overall freer trade benefits both poor and rich countries, in spite of some adverse consequences.]
The Ethics of Trade Policy in Catholic Political Economy
- First Published September 1, 2004
- 728 views