Tuesday, September 04, 2007

Free Trade Agreements vs sovereignty

Former World Bank chief economist Joseph Stiglitz is none too keen on US Free Trade Agreements:

It’s not about trading goods; it’s about losing sovereignty. And it’s about helping American drug companies. It’s about America pushing for a particular agenda. It has not benefited any country. In fact, the free trade agreement with Mexico was the strongest, but the gap between Mexico and the United States increased in the first decade.

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