Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/191077
Authors: 
Wallacher, Johannes
Year of Publication: 
2018
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 98 [Year:] 2018 [Issue:] Sonderheft [Pages:] 63-68
Publisher: 
Springer, Heidelberg
Abstract: 
Internationale Abkommen sind in Verruf geraten. Die einen befürchten sinkende Sozial-, Umwelt- und Verbraucherschutzstandards und die anderen eine zu weitgehende Bevormundung. Dabei muss allerdings auch berücksichtigt werden, wie das Ergebnis aussieht, wenn überhaupt kein Abkommen entsteht. Das globale Gemeinwohl, Transparenz und Chancengleichheit auch für weniger entwickelte Länder sollten die vorrangigen Ziele sein.
Abstract (Translated): 
Transparent and fair trade agreements, supportive institutions, and greater political and civil participation are necessary to make sure that ongoing economic development - which is hugely accelerated by international trade - will not leave millions of people behind or ruin the planet. Multilateral trade agreements have the potential to strengthen cooperation between nations, to increase human wealth and well being, and to serve the global common good. In order to do so, they must be based on several principles of justice, such as procedural justice, transactional justice, needs based justice, equal opportunity justice and intergenerational justice. If these principles are successfully applied, multilateral trade agreements can be much more effective in serving the global common good than trade fragmentation, protectionism or mercantilism ever could.
JEL: 
A12
A13
F13
Persistent Identifier of the first edition: 
Document Type: 
Article

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