Generosity and America's Trade Relations with Sub-Saharan Africa

Pace International Law Review, Vol. 18, pp.133-225, 2006

93 Pages Posted: 13 Apr 2011

See all articles by Raj Bhala

Raj Bhala

University of Kansas - School of Law; International Bar Association; Dentons U.S. LLP; Bloomberg Quint / BQ Prime

Date Written: 2006

Abstract

[...] Why see the world of trade law as it is? Why not envision a paradigm in which the tendency to liberalize the trade complements a primary orientation to help poor countries? For the poor in such countries, and indeed for the poor in rich countries, trade law ought to be about more than the imperfect exercise of Adam Smith's principle of absolute advantage and David Richardo's principle of comparative advantage ("imperfect" because of the many exceptions in the law to trade liberalization). The paradigm ought to include a comprehensible set of rules that go beyond protecting the self-interest of domestic producers in developed countries (the "imperfections"), and focus on promoting independence in a liberal trade regime among would-be producers and exporters in poor countries. [...]

Keywords: International trade law, Sub-Saharan Africa

JEL Classification: F10, F19, K33

Suggested Citation

Bhala, Raj, Generosity and America's Trade Relations with Sub-Saharan Africa (2006). Pace International Law Review, Vol. 18, pp.133-225, 2006, Available at SSRN: https://ssrn.com/abstract=1808079

Raj Bhala (Contact Author)

University of Kansas - School of Law ( email )

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