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 microtrade. In the first part of the book the architect of the microtrade theory, Yong-Shik Lee, offers a theoretical framework for microtrade including its basic elements, product demand and operational issues, legal issues, and the global management and facilitation of microtrade. The book then goes on to look at issues including the structure and financing of microtrade, e-commerce, government procurement, and the fair trade movement’s possible relationship with microtrade. . The final part of the book considers empirical case studies of microtrade with agricultural products. The book shows how microtrade, if effectively administered on a global scale, can do much to end extreme poverty.
Introduction, Yong-Shik Lee Part 1: Theory and Elements of Microtrade 1. Conceptual Framework, Yong-Shik Lee 2. Logistical Issues and Product Demand, Yong-Shik Lee 3. Management of Microtrade: Global Network and "Paring" and Legal Framework, Yong-Shik Lee Part 2: Further Issues of Microtrade 4. Review of the Microtrade Regime: Structure and Financing, Arpita Gupta 5. Microtrade and Fair Trade, Prapanpong Khumon 6. Microtrade and Legal Cultural Consideration, Colin Picker Part 3: Applications of Microtrade 7. Application Model: E-Commerce Model and Government Procurement, Farid Shirazi, Daein Kim and Joon Gu Yoo 8. Microtrade in Agriculture, Andreas Neef, Kei Mizuno, Franklin Rwezimula, Iven Schad, and Pakakrong Makpun Williams 9. Conclusion: Trade More Than Aid, Yong-Shik Lee
The growing integration of the world economy and resulting increases in cross-border economic exchanges has been accompanied by the rapid growth of law and regulation governing these interactions. This series presents cutting-edge research in international economic law, offering fresh perspectives on what is a fast developing field.
The series surveys the key areas of international economic law: international trade law; international investment law; international financial regulation and monetary law; and related aspects of intellectual property law. Linkages with other international legal regimes are explored such as environmental law, human rights, and public health, highlighting areas where tensions may occur between economic liberalisation, sovereignty and other concerns. Books will investigate the theory, policy and practice of international economic law from a broad range of approaches allowing for innovative and scholarly assessments of the international economic legal order.