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Expanding Frontiers Of Global Trade Rules
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Book Synopsis Expanding Frontiers of Global Trade Rules by : Nitya Nanda
Download or read book Expanding Frontiers of Global Trade Rules written by Nitya Nanda and published by Routledge. This book was released on 2008-02-07 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses one of the most controversial areas in the political economy of international trade, namely the issues surrounding the creation of newtrade rules. Various concerns are addressed, including the environment, labour standards, intellectual property rights, trade facilitation, competition policy, investment and government procurem
Book Synopsis Expanding Frontiers of Global Trade Rules by : Nitya Nanda
Download or read book Expanding Frontiers of Global Trade Rules written by Nitya Nanda and published by Routledge. This book was released on 2008-02-07 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses one of the most controversial areas in the political economy of international trade, namely the issues surrounding the creation of new ‘trade rules’. Various concerns are addressed, including the environment, labour standards, intellectual property rights, trade facilitation, competition policy, investment and government procurement, to many conventional trade topics including the trade and development linkage. Nanda combines theoretical analysis with valuable insights derived from interactions with trade negotiators, politicians and activists, arguing for a dynamic policy framework, particularly in developing countries, with regular upgrading. He questions the effectiveness of the current global trade order in promoting development, highlighting not only the inability of conventional economics to capture the reality of international trade but also the neglect of some basic principles of economics. Nanda also argues that the WTO is not the right forum for addressing development issues because trade liberalization has traditionally been its objective.
Book Synopsis The World Trading System by : John Howard Jackson
Download or read book The World Trading System written by John Howard Jackson and published by MIT Press. This book was released on 1997 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the first edition of The World Trading System was published in 1989, the Uruguay Round of trade negotiations has been completed, and most governments have ratified and are in the process of implementing the General Agreement on Tariffs and Trade (GATT). In the Uruguay Round, more than 120 nations negotiated for over eight years, to produce a document of some 26,000 pages. This new edition of The World Trading System takes account of these and other developments. Like the first edition, however, its treatment of topical issues is grounded in the fundamental legal, constitutional, institutional, and political realities that mold trade policy. Thus the book continues to serve as an introduction to the study of trade law and policy. Two basic premises of The World Trading System are that economic concerns are central to foreign affairs, and that national economies are growing more interdependent. The author presents the economic principles of international trade policy and then examines how they operate under real- world constraints. In particular, he examines the extremely elaborate system of rules that governs international economic relations. Until now, the bulk of international trade policy has addressed trade in goods; issues inadequately addressed by policy include trade in services, intellectual property rights, certain investment measures, and agriculture. The author highlights the tension between legal rules, designed to create predictability and stability, and the governments need to make exceptions to solve short-term problems. He also looks at weaknesses of international trade policy, especially as it applies to developing countries and economies in transition. He concludes with a look at issues that will shape international trade policy well into the twenty-first century.
Book Synopsis The New Rules of Global Trade by : Jeffrey Stephen Thomas
Download or read book The New Rules of Global Trade written by Jeffrey Stephen Thomas and published by Scarborough, Ont. : Carswell. This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Pacific Alliance in a World of Preferential Trade Agreements by : Pierre Sauvé
Download or read book The Pacific Alliance in a World of Preferential Trade Agreements written by Pierre Sauvé and published by Springer. This book was released on 2018-06-29 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on one of the most innovative deep integration constructs, The Pacific Alliance, which aims at expanding the frontiers of trade and investment governance in Latin America. It draws on a conference held at Externado University in Bogota, Colombia, in November 2015, bringing together leading scholars, practitioners and officers of public, regional and international organisations interested in a critical analysis of the Alliance, its distinctiveness and likely future directions. The volume features contributions from the multi-disciplinary lens of law, political science and economics. The Pacific Alliance, comprising Chile, Colombia, Mexico and Peru, aims through a participatory and consensual manner to promote the free circulation of goods, services, capital and persons among its members, and to secure deep economic integration through collaboration across a broader set of policy areas than typically obtains in more traditional preferential trade agreements. This volume is of interest to policy makers and staff of international organizations involved in trade and investment negotiations, international economic governance in general as well as faculty, researchers and graduate students of these topics and of international political economy and comparative regionalism.
Book Synopsis The Regulation of International Trade by : M. J. Trebilcock
Download or read book The Regulation of International Trade written by M. J. Trebilcock and published by . This book was released on 2013 with total page 948 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on a wide variety of classic and contemporary sources, respected authors Trebilcock, Howse and Eliason here provide a critical analysis of the institutions and agreements that have shaped international trade rules. In light of the growing debate over globalization, they include special sections with examinations of topics such as: agriculture services and Trade-Related Intellectual Property Rights labour rights the environment migration competition. Drawing on previous highly praised editions, this comprehensive text is an invaluable guide to students of economics, law, politics and international relations. Now fully updated, this fourth edition includes full coverage of new developments including the Doha trade round, the proliferation of Preferential Trade Agreements, the debate on trade, climate change and green energy, the response of the trading system to the 2007--10 financial and economic crisis, the controversy over trade and exchange rate manipulation, and the growing body of WTO dispute resolution case law.
Book Synopsis World Trade Organization by : Rachel F Fefer
Download or read book World Trade Organization written by Rachel F Fefer and published by Independently Published. This book was released on 2019-04-05 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Historically, the United States' leadership of the global trading system has ensured the United States a seat at the table to shape the international trade agenda in ways that both advance and defend U.S. interests. The evolution of U.S. leadership and the global trade agenda remain of interest to Congress, which holds constitutional authority over foreign commerce and establishes trade negotiating objectives and principles through legislation. Congress has recognized the World Trade Organization (WTO) as the "foundation of the global trading system" within trade promotion authority (TPA) and plays a direct legislative and oversight role over WTO agreements. The statutory basis for U.S. WTO membership is the Uruguay Round Agreements Act (P.L. 103-465), and U.S. priorities and objectives for the General Agreement on Tariffs and Trade (GATT)/WTO have been reflected in various TPA legislation since 1974. Congress also has oversight of the U.S. Trade Representative and other agencies that participate in WTO meetings and enforce WTO commitments. The WTO is a 164-member international organization that was created to oversee and administer multilateral trade rules, serve as a forum for trade liberalization negotiations, and resolve trade disputes. The United States was a major force behind the establishment of the WTO in 1995, and the rules and agreements resulting from multilateral trade negotiations. The WTO encompassed and succeeded the GATT, established in 1947 among the United States and 22 other countries. Through the GATT and WTO, the United States, with other countries, sought to establish a more open, rules-based trading system in the postwar era, with the goal of fostering international economic cooperation and raising economic prosperity worldwide. Today, 98% of global trade is among WTO members. any observers are concerned that the effectiveness of the WTO has diminished since the collapse of the Doha Round of multilateral trade negotiations, which began in 2001, and believe the WTO needs to adopt reforms to continue its role as the foundation of the global trading system. To date, WTO members have been unable to reach consensus for a new comprehensive multilateral agreement on trade liberalization and rules. While global supply chains and technology have transformed international trade and investment, global trade rules have not kept up with the pace of change. Many countries have turned to negotiating free trade agreements (FTAs) outside the WTO as well as plurilateral agreements involving subsets of WTO members rather than all members. Certain WTO members have begun to explore aspects of reform and future negotiations. Potential reforms concern the administration of the organization, its procedures and practices, and attempts to address the inability of WTO members to conclude new agreements. Proposed DS reforms also attempt to improve the working of the dispute settlement system, particularly the Appellate Body-the seven-member body that reviews appeals by WTO members of a panel's findings in a dispute case. Some U.S. frustrations with the WTO are not new and many are shared by other trading partners, such as the European Union. At the same time, the Administration's overall approach has spurred new questions regarding the future of U.S. leadership and U.S. priorities for improving the multilateral trading system. Concerns have emphasized that the Administration's recent actions to unilaterally raise tariffs under U.S. trade laws and to possibly impede the functioning of the dispute settlement system might undermine the credibility of the WTO system. A growing question of some observers is whether the WTO would flounder for lack of U.S. leadership, or whether other WTO members like the EU and China taking on larger roles would continue to make it a meaningful actor in the global trade environment.
Book Synopsis New Frontiers in Free Trade by : Razeen Sally
Download or read book New Frontiers in Free Trade written by Razeen Sally and published by Cato Institute. This book was released on 2008-09-09 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Razeen Sally argues that international trade policy has lost its way. Trade policy has become disconnected from 21st century business and consumer realities. The World Trade Organization and free trade agreements have outdated negotiating models and yield diminishing returns. The world’s fastest growing economies are those in Asia that have embraced freer trade and global integration unilaterally, without waiting for trade negotiations. Hence, the priority should be bottom-up unilateral liberalization, with China’s opening to the world economy leading the way and setting the example for others in Asia and beyond. Liberalization should now focus more on domestic regulatory barriers. The post-Doha WTO will still be important, but more as a forum for strengthening trade rules than for driving further liberalization. The biggest danger, though, is complacency and “reform fatigue,” which threatens to halt globalization’s advance. Sally makes a vigorous case for the benefits of free trade and provides a penetrating analysis of the dangers confronting the world trading system. Inspired by the precepts of Adam Smith and David Hume, he sets out practical prescriptions for getting trade policy back on the rails as part of a refreshed agenda for freer trade and freer markets that is relevant to the rise of Asia and 21st century globalization. Informative; well-argued; and, above all, highly readable, this book is a stimulating contribution to the emerging debate on where trade policy should go in the post-Doha world.
Book Synopsis International Trade, Competitive Advantage and Developing Economies by : Caf Dowlah
Download or read book International Trade, Competitive Advantage and Developing Economies written by Caf Dowlah and published by Routledge. This book was released on 2015-07-30 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Available research suggests that less developed countries have significant competitive advantage over developed countries in three major areas of international trade: agriculture, textiles and clothing (T&C), and cross-border labor mobility. Incidentally, these are also the trade sectors which experienced widespread protectionist measures, especially in developed world, for decade after decade. Under the World Trade Organization (WTO), which replaced the General Agreement on Tariff and Trade (GATT) in 1995, much of the restrictions in T&C trade has been phased out, but still this sector faces much higher tariff and non-tariff barriers than any other manufacturing sector in world economy. The agricultural sector also experienced significant dismantling of deeply entrenched trade barriers under the WTO over the course of last two decades, but the sector still remains plagued with quite extensive domestic supports, export subsidies, and tariff barriers. At the same time, despite both theoretical expositions and empirical trends point to significant potential gains from cross-border labor mobility, the sector remains mired in a complex quagmire of economic and political restrictions around the world. Thus, all three sectors in which less developed countries have exports interests still remain less liberalized than the sectors in which developed countries have exports interests. This book provides an in-depth and up-to-date scholarly analysis of all three trade sectors—agriculture, T&C and cross-border labor mobility—with a penetrating scrutiny of historical backgrounds and developments, crosscurrents of interests and perspectives of both developed and developing countries, and evolving trade patterns and potentials in a more liberalized and globalized world economy. The book also identifies critical economic issues and options for less developed countries in the WTO negotiations for further liberalization of agriculture, T&C, and cross-border labor mobility. This volume will be an important point of reference for students, scholars, and practitioners of international trade, economic development, development economics, and WTO-related issues.
Book Synopsis International Trade Negotiations and Domestic Politics by : Oluf Langhelle
Download or read book International Trade Negotiations and Domestic Politics written by Oluf Langhelle and published by Routledge. This book was released on 2013-08-29 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of many years of negotiation on trade liberalization, progress seems to have stalled. This book explores why resistance to further market liberalization seems so strong, given that the benefits are seen to outweigh the costs. This volume argues that in order to understand the slow progress of World Trade Organization negotiations, we need to take into consideration the ‘intermestic’ character of trade politics, that is, the way in which international and domestic aspects of politics and policies have been woven together and become inextricably related to each other. This is a general trend in our globalizing world, and one that is most pronounced in the case of trade politics and policy. International Trade Negotiations and Domestic Politics therefore presents an in-depth analysis of institutions, ideas, interests and actors in the interplay between international trade negotiations and national negotiating positions. At the international level the authors focus on the multilateral negotiations within the World Trade Organization, together with the plurilateral and bilateral negotiations on free trade agreements. At the regional and domestic level they analyze the trade politics and policies of two established powers, the European Union and the USA; two rising powers, China and India; and a small industrialized country with an open economy, Norway.
Book Synopsis Time Zones, Communications Networks, and International Trade by : Toru Kikuchi
Download or read book Time Zones, Communications Networks, and International Trade written by Toru Kikuchi and published by Routledge. This book was released on 2011-05-19 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in digital technology have driven large decreases in the costs of data transfer and telecommunications. There is a consequent increase in many kinds of international trade. One of the fastest-growing parts of this industry is "remote maintenance" whereby Indian companies debug software for companies in other parts of the world, often taking advantage of time zone differences to offer overnight service. In the existing literature on trade theory, however, relatively few attempts have been made to address the theme of communications networks and the role of time zones. The main purpose of this book is to illustrate, with simple models of international trade, how the introduction of communications networks and the utilization of time zone differences can affect both the structure of international trade and world welfare. Other technological aspects of recent international trade (e.g., competition between international standards, the impact of switching costs on imported products’ introduction) are also examined. Although a focus on theoretical trade models, the book will appeal to scholars, policy makers and business units who wish to learn from the recent changes in communications networks and its impact on the global economy. It provides information and suggestions for better policy formulation in the fast-changing world economy.
Book Synopsis Turkey's Accession to the European Union by : Belgin Akçay
Download or read book Turkey's Accession to the European Union written by Belgin Akçay and published by Rowman & Littlefield. This book was released on 2012 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although Turkey has a long-held aspiration for European Union membership and has been a candidate for more than a decade, relations between the EU and Turkey have not received the attention it deserves from non-Turkish researchers thus far, and consequently the international literature on EU-Turkey relations is rather limited. In light of recent global economic and political challenges for the EU and Turkey, a need has emerged for an interdisciplinary approach to study EU-Turkey relations within the wider international political and economic context. Turkey's Accession to the European Union: Political and Economic Challenges, edited by Belgin Ak ay and Bahri Yilmaz, provides a timely overview of some of the most important issues and debates in the changing context of Europe, the change in domestic politics and foreign policy in Turkey, and the likely implications of these changes and developments for EU-Turkey relations. Within this framework, this collection includes articles emphasizing Turkey's reform process with a view to EU accession, despite EU's reservations about "absorbing" Turkey and the eventual decoupling of the Turkish reform process from European integration, as well as searching for alternative forms of cooperation or transitional arrangements which may be possible for Turkey at the time of accession.
Download or read book International Trade Rules written by and published by United Nations Publications. This book was released on 2001 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines the impact of multilateral trade agreements on international trade flows. It takes a look at the world trading system (WTO) in relation to small and medium-sized enterprises and the least developed countries. It also explains the mechanism for implementing and the impact of the WTO agreements, and discusses such topics as: trade barriers; sanitary regulations and antidumping duties; trade in services and goods; and intellectual property rights.
Book Synopsis The Processes and Practices of Fair Trade by : Brigitte Granville
Download or read book The Processes and Practices of Fair Trade written by Brigitte Granville and published by Routledge. This book was released on 2013 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fairtrade has established itself as a distinct phenomenon within the realm of global consumerism. Fairtrade aims to protect small producers against price volatility and inadequate incomes as well as to provide community benefits (health care, education). It relies on consumer purchases of FT products carried out at agreed minimum prices. These purchases measure the trust accorded to the scheme which is founded on a system of certification comprising a series of recommended producer welfare-enhancing standards that FT products must satisfy ...
Book Synopsis Hydro-politics in GBM Basin by : Nitya Nanda
Download or read book Hydro-politics in GBM Basin written by Nitya Nanda and published by The Energy and Resources Institute (TERI). This book was released on 2015 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Multilateralism and Regionalism in Global Economic Governance by : Junji Nakagawa
Download or read book Multilateralism and Regionalism in Global Economic Governance written by Junji Nakagawa and published by Routledge. This book was released on 2012-03-29 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reconciling regionalism and multilateralism is a challenge common to all branches of global economic governance. While the Bretton Woods/GATT (WTO) institutions, decades-old multilateral framework for global economic governance, are facing serious challenges to their effectiveness, regional framework are emerging as complementary or alternative means of global economic governance. The real challenge is how to reconcile multilateralism and regionalism in global economic governance. This book tackles this problem by analysing issues of multilateral/regional conciliation and coordination in global economic governance, focusing on Asia. Chapters of the book deal with challenges of multilateralism and regionalism in three fields of global economic governance, namely, global monetary/financial governance, global trade governance, and global investment governance. The major regional focus is on Asia, though some chapters deal with regionalism in Europe and North America. Topics include Asian Monetary Fund and Asian financial architecture, open accession provisions of regional trade agreements, and APEC’s role in multilateral investment rules. As a whole, the book elucidates the contemporary reach of Asian regionalism in global economic governance, and shows the neat balance between regionalism and multilateralism in global economic governance. It is of particular use to the students and practitioners of international economic law, international political economy, international finance and international economics, both with and without Asian focus.
Book Synopsis Governing Rapid Growth in China by : Ravi Kanbur
Download or read book Governing Rapid Growth in China written by Ravi Kanbur and published by Routledge. This book was released on 2009-04-15 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together a collection of the best available analyses of China’s problems in governing rapid growth, focusing on equity and institutions, from well respected Chinese and non-Chinese scholars.
