Source: William A. Douglas, Challenge: The Magazine of Economic Affairs, Vol. 58 Issue 3, May-June 2015
From the abstract:
Could the world adopt a new trade model that is not based on low-wage production and yet still allow adequate exports from low-wage nations? The author presents such an innovative idea. Implementing it would be no easy matter, but it is provocative in a world that has been mired in a theoretical quagmire.