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ID:
121779
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| Publication |
2013.
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| Summary/Abstract |
While much has been written on how powerful institutions have used debt crises to foist free trade agreements on poorer states, this paper explores how the foisting of free trade agreements on poorer states has resulted in debt crises. Part one critiques the common-sense understanding of 'free trade' as a mere technical or policy issue, arguing that it is an intricate political, economic and ideological 'package' rooted in complex social, historical and cultural forces. Part two explores the role of debt in the free trade package by examining the impact of free trade agreements on the Caribbean over the past decade, during which time the region has experienced growing public and personal debt crises, further fuelled by an aid packages that included millions of dollars of concessional loans. It is argued that the contradictions of 'free trade' are mitigated through a 'debt for trade' paradigm, which Caribbean states are beginning to subvert through new preferential South-South partnerships.
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| 2 |
ID:
134640
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| Summary/Abstract |
Fair trade coffee sales have boomed since the late 1980s, making it one of the most recognised forms of ‘ethical consumerism’ in the world. Around the same time exports of lower quality coffee beans from Vietnam also boomed, launching Vietnam from an insignificant coffee exporter to the world’s second largest with historically unprecedented speed. These disparate projects have had significant impacts on thousands of farmers – with Vietnam’s new class of coffee producers representing three and a half times the number of coffee families certified by fair trade. Northern actors, however, have given far more public and positive attention to fair trade. This article will argue that this difference does not stem from a strictly objective appraisal of the relative merits and shortcomings of each project, but from the compatibility of fair trade with ‘free trade’ and its emotionally charged ideological fantasies. This includes unconscious beliefs and desires around individualism, voluntarism, democracy and the affirmation of the exaggerated power of Northern consumers – as opposed to the Southern agency and complicated collective action implied by Vietnamese coffee statecraft.
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| 3 |
ID:
124216
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| Publication |
2013.
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| Summary/Abstract |
In contrast to mainstream development economists' and policy makers' insistence that relatively straightforward, technical and apolitical solutions exist to the problems of debt and development, debt is inscribed in powerful, unequal and contested structures and relations. This is vividly depicted in the articles in this special section, written by activists and researchers with years of experience mobilising and supporting grassroots struggles, which reveal the often obscure or unspoken relations of power that underpin the highly unequal dynamics of debt on a global scale, while promoting and offering fresh insights from a diverse array of new initiatives and subversive tactics that confront the dominant debt and development paradigm. They offer sober reflection on what organisations need to do to get things done in continuing and future battles for debt justice.
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| 4 |
ID:
121785
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