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Segmentation Helps the Poor
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posted by mpawlo
on Monday September 16, @04:13PM
from the complex-economics dept.
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In an article published by Financial Times, Columbia University professor Jagdish Bhagwati investigates intellectual property rights and whether they should be included in World Trade Organisation rules.
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Intellectual property enforcement in poor countries is complex issue. Should medicines be specially regulated? Bhagwati gives the arguments for and against enforcing certain intellectual property rights and concludes:
'Yet to end segmentation would be a big mistake: without this mechanism the
rich and poor countries would form a single market and the prices charged to
poor countries would rise. Segmentation enables poor countries to secure low
prices for their drugs.'
Read the article.
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