‘Free Trade’ agreements contribute to financial and other crises

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Written by: Myriam Vander Stichele

Written by: M. Vander Stichele

Published on: 1 February 2009

While the financial crisis and its consequences are spreading around the world and even the most erstwhile ‘free market’ governments are discussing how to re-regulate the financial sector, bilateral and regional ‘free trade’ agreements continue extreme deregulation of the financial industry. The terms of these agreements prohibit countries from reforming their financial sector so as to remedy the financial, economic, environmental, food and social crises now growing, and from ensuring that finance is directed towards the transformation to sustainable societies.

Posted in category:

Publication

Written by:

Written by: Myriam Vander Stichele

Written by: M. Vander Stichele

Published on: 1 February 2009