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Free Trade and the Climb Out of Poverty. Steven Horwitz.

by Horwitz, Steven; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2006Article 5Business. Publisher: Freeman, 2005ISSN: 1522-3191;.Subject(s): Developing countries -- Commerce | Environmental quality | Free trade | Globalization | International Monetary Fund | International relations | Labor productivity | Peace | Poverty | World BankDDC classification: 050 Summary: The author discusses free trade as a way for poor countries to break away from poverty. "The key to free trade's liberating role is that those who possess capital are able to bring it to workers who lack it, which in turn raises their productivity and enhances their earning power....Free trade enables capital to come to those who need it most." (FREEMAN)
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REF SIRS 2006 Business Article 5 (Browse shelf) Available

Articles Contained in SIRS Enduring Issues 2006.

Originally Published: Free Trade and the Climb Out of Poverty, March 2005; pp. 8-11.

The author discusses free trade as a way for poor countries to break away from poverty. "The key to free trade's liberating role is that those who possess capital are able to bring it to workers who lack it, which in turn raises their productivity and enhances their earning power....Free trade enables capital to come to those who need it most." (FREEMAN)

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