The Unequal Exchange Podcast

The Global South countries face extremely unfair trade when engaging with the Global North, because the West charges high prices for their products and the rest of the world is left with low remuneration due to their low wages. This creates an unequal exchange and low terms of trade for the Global South. This situation has attempted to be reversed by many proposals from the Non-Aligned Movement and New International Economic Order, but one unique solution has been proposed by Arghiri Emmanuel: a tax on exports. This could bring the equilibrium price of the Global South's products up, and lower the costs for their products. It's a solution worth exploring to address the inequality the Global South faces.

For more: https://newleftreview.org/sidecar/posts/sovereign-africa
https://www.prisoncensorship.info/archive/books/Economics/UnequalExchange_ArghiriEmmanuel.pdf