Microtrade : a new system of international trade with volunteerism towards poverty elimination / the Law and Development Institute ; edited by Yong-Shik Lee.

Format:

Book

Author/Creator:

Law and Development Institute.

Contributor:

Lee, Yong-Shik, 1968-

Law and Development Institute.

Series:

Routledge Research in International Economic Law

Language:

English

Subjects (All):

International trade.

Foreign trade regulation.

Physical Description:

1 online resource (215 p.)

Edition:

1st ed.

Place of Publication:

Oxon [England] : Routledge, 2013.

Language Note:

English

Summary:

With contributions from well-regarded scholars of international economic law, this book sets out the case for an innovative solution to extreme poverty which utilizes international trade and its legal framework to relieve populations of the poorest countries around the world of extreme poverty. ""Microtrade"" is international trade on a small scale, based primarily on manually produced products using small amounts of capital and low levels of technology available at a local level in lesser developed countries. This book explores the theory, application, and legal framework for microt

Contents:

Cover; Half Title; Title Page; Copyright Page; Dedication; Table of contents; Notes on contributors; List of abbreviations; Acknowledgments; Introduction; Part I: Theory and elements of microtrade; 1. Conceptual framework; 1.1 Poverty, international trade, and economic development; 1.2 Microtrade: a new type of international trade linking world market with local production; 1.3 Economic rationale for microtrade; 2. Logistical issues and product demand; 2.1 Logistical elements of microtrade; 2.1.1 Providing market and product information; 2.1.2 Facilitating shipping and distribution

2.1.3 Financing production2.2 Demand for LPPs 25; 2.2.1 Manufactured goods imported from LDCs; 2.2.2 Business on the ground selling LPPs in the markets of developed countries; 2.2.3 Sustaining demand: quality control issues; 2.2.4 Increasing supply and diversifying demand: crafts can be taught and spread; 3. Management of microtrade; 3.1 Global networking and "pairing"; 3.1.1 Case for global networking: from individual charitable projects to worldwide poverty alleviation; 3.1.2 "Pairing"; 3.2 Case for global "center" for microtrade; 3.2.1 Objective and form; 3.2.2 Functions

3.2.3 Justification3.3 Legal framework; 3.3.1 Rules of international trade; 3.3.2 Regulatory facilitation of microtrade; 3.4 Concluding Part I; Part II: Further issues of microtrade; 4. Review of the microtrade regime; 4.1 Introduction; 4.2 Review of the microtrade regime; 4.2.1 The meaning and implication of "micro" and "local" for microtrade; 4.2.2 Learning from the fair trade experience; 4.2.3 The economic viability of microtrade and the target population groups; 4.2.4 Towards a more inclusive membership of the microtrade regime; 4.2.5 Need for regulation of microtrade?

4.3 Microtrade and microfi nance: linkages and lessons4.3.1 Microfinance: source of credit; 4.3.2 Microfinance: more than mere credit; 4.3.3 Microfinance: emerging challenges; 4.3.3.1 Case study: Andhra Pradesh experience; 4.3.3.2 An analysis of causes behind the crisis; 4.3.4 Relevance of microfi nance sector experience for microtrade regime; 4.3.4.1 Aid vs. sustainable means of development; 4.3.4.2 Extent of profitability; 4.3.4.3 Need for affirmative action; 4.3.4.4 Risk assessment and risk management; 4.3.4.5 Integration with other developmental efforts; 4.4 Concluding remarks

5. Microtrade and fair trade5.1 Introduction; 5.2 The international trading system: free but "not" fair?; 5.3 Microtrade and fair trade; 5.3.1 Direct trade with importers; 5.3.2 The premium price; 5.3.3 The social premium; 5.3.4 Microtrade component in fair trade: a case for coffee; 5.4 Challenges for fair trade and microtrade; 5.5 Concluding remarks and future prospects; 6. Microtrade and legal cultural considerations; 6.1 Introduction; 6.2 Legal culture and microtrade; 6.3 Legal culture impact analysis; 6.3.1 Legal culture issues related to LDCs

6.3.1.1 The presence of non-western legal culture characteristics

Notes:

Includes index.

Description based on online resource; title from title page (ebrary, viewed July 1, 2013).

ISBN:

1-135-97277-X

1-135-97270-2

0-203-43191-X

9780203431917

OCLC:

850179601