Trade and Development

By the end of this unit, students should be able to:
• Develop a conceptual framework for explaining why there is global variation in development paths, identify and analyse the institutional underpinnings of economic development and apply this to developing country issues, including identification of potential solutions for achieving sustainable economic development.
• Identify and analyse differing perspectives on the necessary conditions for trade measures to effectively contribute towards poverty reduction and the achievement of the Sustainable Development Goals;
• Discuss developing country issues within the context of the WTO, including GATT, GATS and their major agreements
• Compare the advantages of multilateral and regional or bilateral preferential trade agreements in assisting developing countries in achieving sustainable development.
• Use a holistic understanding of the complex relation between trade and development to identify trade related development strategies which are context specific and can assist developing countries achieve poverty alleviation through sustainable economic growth.