International Policy Rules and Inequality

Existing structures of global economic governance–institutions and rules embedded in history–are inequitable. Such unfair rules produce unequal outcomes. This bold book, which challenges conventional wisdom, brings together engaging essays at the intersection of economics, politics, and law. It shows how these rules accentuate inequalities between and within countries. And it makes a most valuable contribution by suggesting reforms that are both desirable and feasible. -- Deepak Nayyar, Jawaharlal Nehru University, New Delhi International Policy Rules and Inequality is a landmark volume. It diagnoses the ways in which present international rules or the lack of them cause increased inequalities within countries, and it proposes practical revisions that can enhance the bargaining power of the less advantaged, restore national sovereignty, and otherwise reverse this tendency. -- Sanjay Reddy, the New School Income and wealth inequalities are now back in the center of intense public debate on economic issues. Yet there is a gap in the discussion: the link between global structures and national inequalities. This book fills this vacuum admirably. It shows how various international agreements lead to income inequalities not only at the global level but also at the national and local levels. The book will be especially useful for political leaders and policy makers in developing countries, who often do not know the implications of the agreements they sign. It also provides useful suggestions on how to tackle this major problem. -- Martin Khor, advisor, Third World Network, and former executive director, South Centre