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Open

Author : Kimberly Clausing
Publisher :
ISBN 13 : 0674919335
Total Pages : 361 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Open by : Kimberly Clausing

Download or read book Open written by Kimberly Clausing and published by . This book was released on 2019-03-04 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the winds of trade war blowing as they have not done in decades, and Left and Right flirting with protectionism, a leading economist forcefully shows how a free and open economy is still the best way to advance the interests of working Americans. Globalization has a bad name. Critics on the Left have long attacked it for exploiting the poor and undermining labor. Today, the Right challenges globalization for tilting the field against advanced economies. Kimberly Clausing faces down the critics from both sides, demonstrating in this vivid and compelling account that open economies are a force for good, not least in helping the most vulnerable. A leading authority on corporate taxation and an advocate of a more equal economy, Clausing agrees that Americans, especially those with middle and lower incomes, face stark economic challenges. But these problems do not require us to retreat from the global economy. On the contrary, she shows, an open economy overwhelmingly helps. International trade makes countries richer, raises living standards, benefits consumers, and brings nations together. Global capital mobility helps both borrowers and lenders. International business improves efficiency and fosters innovation. And immigration remains one of America's greatest strengths, as newcomers play an essential role in economic growth, innovation, and entrepreneurship. Closing the door to the benefits of an open economy would cause untold damage. Instead, Clausing outlines a progressive agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy, improve tax policy, and establish a better partnership between labor and the business community. Accessible, rigorous, and passionate, Open is the book we need to help us navigate the debates currently convulsing national and international economics and politics.

Free Trade Agreements and Globalisation

Author : Arne Melchior
Publisher : Springer
ISBN 13 : 3319928341
Total Pages : 287 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Free Trade Agreements and Globalisation by : Arne Melchior

Download or read book Free Trade Agreements and Globalisation written by Arne Melchior and published by Springer. This book was released on 2018-07-31 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the fast spread of free trade agreements (FTAs) across the globe, their content and their economic impact. In the wake of Brexit and the new protectionism of President Trump, Melchior offers a timely assessment of key issues relating to FTAs. Dividing the world into seven major regions, he analyses world trade, the globalisation of FTAs and their role within and between the regions. Using a new world trade model, he then presents new evidence on the impact of trade agreements, the value of trade, the impact of China’s growth and the West’s industrial decline, and the role of reciprocity in trade policy. Covering rich and poor countries, commodity exporters and all of the world’s regions, he offers new and original insights about a number of pertinent issues facing today’s world.

Understanding Global Trade

Author : Elhanan Helpman
Publisher : Harvard University Press
ISBN 13 : 0674060784
Total Pages : 233 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Understanding Global Trade by : Elhanan Helpman

Download or read book Understanding Global Trade written by Elhanan Helpman and published by Harvard University Press. This book was released on 2011-04-25 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global trade is of vital interest to citizens as well as policymakers, yet it is widely misunderstood. This compact exposition of the market forces underlying international commerce addresses both of these concerned groups, as well as the needs of students and scholars. Although it contains no equations, it is almost mathematical in its elegance, precision, and power of expression. Understanding Global Trade provides a thorough explanation of what shapes the international organization of production and distribution and the resulting trade flows. It reviews the evolution of knowledge in this field from Adam Smith to today as a process of theoretical modeling, accumulation of new empirical data, and then revision of analytical frameworks in response to evidence and changing circumstances. It explains the sources of comparative advantage and how they lead countries to specialize in making products which they then sell to other countries. While foreign trade contributes to the overall welfare of a nation, it also creates winners and losers, and Helpman describes mechanisms through which trade affects a country's income distribution. The book provides a clear and original account of the revolutions in trade theory of the 1980s and the most recent decade. It shows how scholars shifted the analysis of trade flows from the sectoral level to the business-firm level, to elucidate the growing roles of multinational corporations, offshoring, and outsourcing in the international division of labor. Helpman’s explanation of the latest research findings is essential for an understanding of world affairs.

Free Trade Agreements and Global Labour Governance

Author : Adrian Smith
Publisher : Routledge
ISBN 13 : 0429535775
Total Pages : 194 pages
Book Rating : 4.4/5 (295 download)

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Book Synopsis Free Trade Agreements and Global Labour Governance by : Adrian Smith

Download or read book Free Trade Agreements and Global Labour Governance written by Adrian Smith and published by Routledge. This book was released on 2020-09-07 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the contentious relationship between trade and labour, this book looks at the impact of the EU’s ‘new generation’ free trade agreements on workers. Drawing upon extensive original research, including over 200 interviews with key actors across the EU and its trading partners, it considers the effectiveness of the trade-labour linkage in an era of global value chains. The EU believes trade can work for all, claiming that labour provisions in its free trade agreements ensure that economic growth and high labour standards go hand-in-hand. Yet whether these actually make a difference to workers is strongly contested. This book explains why labour provisions have been profoundly limited in the EU’s agreements with the CARIFORUM group, South Korea and Moldova. It also shows how the provisions were mismatched with the most pressing workplace concerns in the key export industries of sugar, automobiles and clothing, and how these concerns were exacerbated by the agreements’ commercial provisions. This pioneering approach to studying the trade-labour linkage provides insights into key debates on the role of civil society in trade governance, the relationship between public and private labour regulation, and the progressive possibilities for trade policy in the twenty-first century. This book will appeal to research scholars, post-graduate students, trade policy practitioners, policy researchers allied to labour movements, and informed activists.

Free Trade, Free World

Author : Thomas W. Zeiler
Publisher : UNC Press Books
ISBN 13 : 9780807824580
Total Pages : 296 pages
Book Rating : 4.8/5 (245 download)

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Book Synopsis Free Trade, Free World by : Thomas W. Zeiler

Download or read book Free Trade, Free World written by Thomas W. Zeiler and published by UNC Press Books. This book was released on 1999 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this era of globalization, it is easy to forget that today's free market values were not always predominant. But as this history of the birth of the General Agreement on Tariffs and Trade (GATT) shows, the principles and practices underlying our current international economy once represented contested ground between U.S. policymakers, Congress, and America's closest allies. Here, Thomas Zeiler shows how the diplomatic and political considerations of the Cold War shaped American trade policy during the critical years from 1940 to 1953. Zeiler traces the debate between proponents of free trade and advocates of protectionism, showing how and why a compromise ultimately triumphed. Placing a liberal trade policy in the service of diplomacy as a means of confronting communism, American officials forged a consensus among politicians of all stripes for freer_if not free_trade that persists to this day. Constructed from inherently contradictory impulses, the system of international trade that evolved under GATT was flexible enough to promote American economic and political interests both at home and abroad, says Zeiler, and it is just such flexibility that has allowed GATT to endure.

Global Trade and Conflicting National Interests

Author : Ralph E. Gomory
Publisher : MIT Press
ISBN 13 : 0262545802
Total Pages : 216 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Global Trade and Conflicting National Interests by : Ralph E. Gomory

Download or read book Global Trade and Conflicting National Interests written by Ralph E. Gomory and published by MIT Press. This book was released on 2022-06-07 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. In this book Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. Trade today is dominated by manufactured goods, rapidly moving technology, and huge firms that benefit from economies of scale. This is very different from the largely agricultural world in which the classical theories originated. Gomory and Baumol show that the new and significant conflicts resulting from international trade are inherent in modern economies.Today improvement in one country's productive capabilities is often attainable only at the expense of another country's general welfare. The authors describe why and when this is so and why, in a modern free-trade environment, a country might have a vital stake in the competitive strength of its industries.

Globalization and Free Trade

Author : Natalie Goldstein
Publisher : Infobase Publishing
ISBN 13 : 1438109008
Total Pages : 417 pages
Book Rating : 4.4/5 (381 download)

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Book Synopsis Globalization and Free Trade by : Natalie Goldstein

Download or read book Globalization and Free Trade written by Natalie Goldstein and published by Infobase Publishing. This book was released on 2010-06-23 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outlines the history of the expansion and globalization of national economies and explains how globalization evolved to its present state.

Globalization and the Myths of Free Trade

Author : Anwar Shaikh
Publisher : Routledge
ISBN 13 : 1135986959
Total Pages : 326 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Globalization and the Myths of Free Trade by : Anwar Shaikh

Download or read book Globalization and the Myths of Free Trade written by Anwar Shaikh and published by Routledge. This book was released on 2007-01-24 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by an international team of contributors this book is a critical examination of the ongoing enterprise of neoliberalism; its history, theory, practice, and most of all, of its outcomes.

Kicking Away the Ladder

Author : Ha-Joon Chang
Publisher : Anthem Press
ISBN 13 : 0857287613
Total Pages : 196 pages
Book Rating : 4.8/5 (572 download)

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Book Synopsis Kicking Away the Ladder by : Ha-Joon Chang

Download or read book Kicking Away the Ladder written by Ha-Joon Chang and published by Anthem Press. This book was released on 2002-07-01 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did the rich countries really become rich? In this provocative study, Ha-Joon Chang examines the great pressure on developing countries from the developed world to adopt certain 'good policies' and 'good institutions', seen today as necessary for economic development. His conclusions are compelling and disturbing: that developed countries are attempting to 'kick away the ladder' with which they have climbed to the top, thereby preventing developing countries from adopting policies and institutions that they themselves have used.

What are the main advantages and disadvantages of global free trade? Does it exist in practice?

Author : Anne Uhlhaas
Publisher : GRIN Verlag
ISBN 13 : 3638176606
Total Pages : 13 pages
Book Rating : 4.6/5 (381 download)

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Book Synopsis What are the main advantages and disadvantages of global free trade? Does it exist in practice? by : Anne Uhlhaas

Download or read book What are the main advantages and disadvantages of global free trade? Does it exist in practice? written by Anne Uhlhaas and published by GRIN Verlag. This book was released on 2003-03-13 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2001 in the subject Politics - Topic: Globalization, Political Economics, grade: ECTS-grade: B = 2, University of Leeds (Institute for Politics and International Studies), course: North-south Linkages, language: English, abstract: The posed question comprises three different issues which have to be investigated. The first thing, implied in this question is, whether or not there are more arguments for or against global free trade both in theory and in practice. Secondly, we have to ask, if real global free trade is being practised in our times. The third issue deals with the question of how we should go on in the future. Is global free trade worth being expanded or should we better tend to protectionism? In this essay I will argue that although free trade is said to cause some unintentional side-effects it is a better way of achieving economic and social development than protectionism. Most of the problems concerning free trade only exist due to the fact, that protectionist barriers set up by Northern countries still disturb a real free trade system and therefore constitute a disadvantage for developing countries. I first want to work out the opportunities and benefits but also the challenges and problems of global free trade, as they are seen in our times. I will refer to the question of gains and losses for both, industrialised and developing countries. Firstly, I want to look at economic effects and will then turn to political and environmental issues and to the linking of the recent terror attacks with free trade. I will then ask the question how free trade is being practised today. Finally, I will sum up my results and will conclude with answering the question whether free trade is worth a greater expansion in the future or not.

Free Trade and Prosperity

Author : Arvind Panagariya
Publisher : Oxford University Press
ISBN 13 : 0190914505
Total Pages : 352 pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis Free Trade and Prosperity by : Arvind Panagariya

Download or read book Free Trade and Prosperity written by Arvind Panagariya and published by Oxford University Press. This book was released on 2019-04-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arguments for protection and against free trade have seen a revival in developed countries such as the United States and Great Britain as well as developing countries such as India.Â Given the clear benefits trade openness has brought everywhere, this is a surprising development.Â The benefits of free trade are especially great for emerging market economies. FreeÂTrade and ProsperityÂoffers the first full-scale defense of pro-free-trade policies with developing countries at its center. Arvind Panagariya, a professor at Columbia University and former top economic advisor to the government of India, supplies a historically informed analysis of many longstanding but flawed arguments for protection. He starts with an insightful overview of the positive case for free trade, and then closely examines the various contentions of protectionists. One protectionist argument is that "infant" industries need time to grow and become competitive, and thus should be sheltered. Other arguments are that emerging markets are especially prone to coordination failures, they are in need of diversification of their production structures, and they suffer from market imperfections. The panoply of protectionist arguments, including those for import substitution industrialization, fails when subject to close logical and empirical scrutiny. Free trade and outward-oriented policies are preconditions to both sustained rapid growth and poverty alleviation in developing countries. Panagariya provides compelling evidence demonstrating the failures of protectionism and the promise of free trade using detailed case studies of successful countries such as Singapore, Taiwan, South Korea, China and India. Low or declining barriers to free trade and high or rising shares of trade in total income have been key elements in the sustained rapid growth and poverty alleviation in these countries and many others. Free trade is like oxygen: the benefits are ubiquitous and not noticed until they are no longer there. This important book is an essential reminder of the costs of protectionism.

Tax Free Trade Zones of the World and in the United States

Author : Susan Tiefenbrun
Publisher : Edward Elgar Publishing
ISBN 13 : 1849809062
Total Pages : 849 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Tax Free Trade Zones of the World and in the United States by : Susan Tiefenbrun

Download or read book Tax Free Trade Zones of the World and in the United States written by Susan Tiefenbrun and published by Edward Elgar Publishing. This book was released on 2012 with total page 849 pages. Available in PDF, EPUB and Kindle. Book excerpt: This definitive and comprehensive book, with contributions from world-renowned foreign trade zone expert, the late Walter Diamond, provides an up-to-date guide to the free trade zones and subzones in the United States and around the world. Economic reasons for using free trade zones are explored, encompassing the benefits gained and profits earned, such as exemptions, reductions from customs duties, proximity to foreign export markets, and low-cost processing and packaging of goods designed to lower duties or freight charges. Practical, hard-to-locate data and contact details are provided on every free trade zone in the US, as well as information on the history, growth and types of users in each zone, storage space, transportation access, the cost of user facilities, utilities, communications, labor availability, warehousing features, and enterprise zones within the free trade zone. Tax Free Trade Zones of the World and in the United States will be an invaluable reference tool for a wide-ranging professional audience including: international, multinational and business law firms, tax advisory and finance firms, international sales and marketing executives, import, export and shipping companies, customs brokers and insurance agencies. In addition, it will prove a useful, practical resource for law students focusing on international business and international trade.

Trade Marks and Free Trade

Author : Lazaros G. Grigoriadis
Publisher : Springer
ISBN 13 : 3319047957
Total Pages : 528 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Trade Marks and Free Trade by : Lazaros G. Grigoriadis

Download or read book Trade Marks and Free Trade written by Lazaros G. Grigoriadis and published by Springer. This book was released on 2014-05-06 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first study to examine the issue of the legality of parallel imports of trademarked goods under the most important legal systems on an international level, namely under GATT/WTO law, EU law and the laws of the ten major trading partners of the European Union. Part I consists of a general approach to the phenomenon of parallel importation and of a presentation of the theories that have been suggested to resolve the above-mentioned issue. The rule of exhaustion of rights, of which there are three types (rule of national, regional and international exhaustion of rights), is proposed as the most effective instrument to deal with the issue in question. Part II examines the question of exhaustion of trademark rights in light of the provisions of GATT/WTO Law. Part III analyzes the elements of the EU provisions on exhaustion of trademark rights (Articles 7 of Directive 2008/95/EC and 13 of Regulation (EC) 207/2009) and some specific issues relating to the application of these provisions. Part IV presents the regimes of exhaustion of trademark rights recognized in the European Union’s current ten most significant trading partners. The book is the first legal study to welcome, in light of economic analysis, the approach adopted by GATT/WTO law and EU law to the question of the geographical scope of the exhaustion of the trademark rights rule. It includes all the case law developed on an international level on the issue of the legality of parallel imports of trademarked goods and a comprehensive overview of the scientific literature concerning the phenomenon of parallel imports in general and the legality of parallel imports of trademarked goods. All the views expressed in the book are based on the European Court of Justice’s most recent case law and that of the courts of the most important trading partners of the European Union.

Free Trade Under Fire

Author : Douglas A. Irwin
Publisher : Princeton University Press
ISBN 13 : 0691201005
Total Pages : 366 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Free Trade Under Fire by : Douglas A. Irwin

Download or read book Free Trade Under Fire written by Douglas A. Irwin and published by Princeton University Press. This book was released on 2020-04-14 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: An updated look at global trade and why it remains as controversial as ever Free trade is always under attack, more than ever in recent years. The imposition of numerous U.S. tariffs in 2018, and the retaliation those tariffs have drawn, has thrust trade issues to the top of the policy agenda. Critics contend that free trade brings economic pain, including plant closings and worker layoffs, and that trade agreements serve corporate interests, undercut domestic environmental regulations, and erode national sovereignty. Why are global trade and agreements such as the Trans-Pacific Partnership so controversial? Does free trade deserve its bad reputation? In Free Trade under Fire, Douglas Irwin sweeps aside the misconceptions that run rampant in the debate over trade and gives readers a clear understanding of the issues involved. In its fifth edition, the book has been updated to address the sweeping new policy developments under the Trump administration and the latest research on the impact of trade.

Termites in the Trading System

Author : Jagdish Bhagwati
Publisher : Oxford University Press
ISBN 13 : 0199715904
Total Pages : 160 pages
Book Rating : 4.1/5 (997 download)

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Book Synopsis Termites in the Trading System by : Jagdish Bhagwati

Download or read book Termites in the Trading System written by Jagdish Bhagwati and published by Oxford University Press. This book was released on 2008-07-14 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jagdish Bhagwati, the internationally renowned economist who uniquely combines a reputation as the leading scholar of international trade with a substantial presence in public policy on the important issues of the day, shines here a critical light on Preferential Trade Agreements, revealing how the rapid spread of PTAs endangers the world trading system. Numbering by now well over 300, and rapidly increasing, these preferential trade agreements, many taking the form of Free Trade Agreements, have re-created the unhappy situation of the 1930s, when world trade was undermined by discriminatory practices. Whereas this was the result of protectionism in those days, ironically it is a result of misdirected pursuit of free trade via PTAs today. The world trading system is at risk again, the author argues, and the danger is palpable. Writing with his customary wit, panache and elegance, Bhagwati documents the growth of these PTAs, the reasons for their proliferation, and their deplorable consequences which include the near-destruction of the non-discrimination which was at the heart of the postwar trade architecture and its replacement by what he has called the spaghetti bowl of a maze of preferences. Bhagwati also documents how PTAs have undermined the prospects for multilateral freeing of trade, serving as stumbling blocks, instead of building blocks, for the objective of reaching multilateral free trade. In short, Bhagwati cogently demonstrates why PTAs are Termites in the Trading System.

Free Trade Today

Author : Jagdish N. Bhagwati
Publisher : Princeton University Press
ISBN 13 : 0691117306
Total Pages : 143 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Free Trade Today by : Jagdish N. Bhagwati

Download or read book Free Trade Today written by Jagdish N. Bhagwati and published by Princeton University Press. This book was released on 2003-10-12 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows how the pursuit of social and environmental agendas can be creatively reconciled with the pursuit of free trade. Argues that free trade, by raising living standards, can serve these agendas far better than can a descent into trade sanctions and restrictions.

Globalization and America's Trade Agreements

Author : William Krist
Publisher : Woodrow Wilson Center Press / Johns Hopkins University Press
ISBN 13 : 9781421411682
Total Pages : 0 pages
Book Rating : 4.4/5 (116 download)

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Book Synopsis Globalization and America's Trade Agreements by : William Krist

Download or read book Globalization and America's Trade Agreements written by William Krist and published by Woodrow Wilson Center Press / Johns Hopkins University Press. This book was released on 2013-11-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and America's Trade Agreements reviews the theoretical framework as well as provides a historic context of impact of the United States’ complex trade agreements of the past 25 years. William Krist analyzes the issues in the recent rounds of GATT/WTO negotiations and in numerous U.S. free trade agreements and discusses how economists have approached trade policy and how historical experience has affected economic theory. He assesses the effect of trade deals on the U.S. economy, the role of foreign policy in trade negotiations, how trade can affect the economies of developing countries, and how environmental and labor concerns affect trade agreements. Trade has been an essential driver of global growth. Krist shows how trade policy has contributed to that growth and outlines what must be done to ensure it can continue to promote our national objectives. This book will serve as a valuable guide for those unfamiliar with trade policy and provides a challenging critique of trade policy for those already knowledgeable in the field.