Escaping Regulation, Escaping Convention
Contrary to widely held belief, small island countries have many lessons to offer to other countries and the world community in terms of their development strategies. This article provides evidence that small island countries are experts at breaking and distorting global trade rules without being noticed or provoking retaliatory actions. As unimportant actors in the global system, they tend to use their sovereignty and non-market options to their advantage rather than relying purely on global rules of free trade. Globalization is neither uniform nor homogeneous, but includes opportunities and potential for derogations, exceptions and special arrangements.
Year of publication: |
2004
|
---|---|
Authors: | Prasad, Naren |
Published in: |
World Economics. - World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE. - Vol. 5.2004, 1, p. 41-65
|
Publisher: |
World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Growth and social development in the Pacific Island countries
Prasad, Naren, (2008)
-
Policies for redistribution : the use of taxes and social transfers
Prasad, Naren, (2008)
-
Social policies and private sector participation in water supply : beyond regulation
Prasad, Naren, (2008)
- More ...