Clashing Over Commerce

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Publisher : University of Chicago Press
ISBN 13 : 022639901X
Total Pages : 873 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Clashing Over Commerce by : Douglas A. Irwin

Download or read book Clashing Over Commerce written by Douglas A. Irwin and published by University of Chicago Press. This book was released on 2017-11-29 with total page 873 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs

Our World Trade

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Publisher :
ISBN 13 :
Total Pages : 634 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Our World Trade by : Chamber of Commerce of the United States of America. Foreign Commerce Department

Download or read book Our World Trade written by Chamber of Commerce of the United States of America. Foreign Commerce Department and published by . This book was released on 1920 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt:

London Naval Conference

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis London Naval Conference by : United States. Department of State

Download or read book London Naval Conference written by United States. Department of State and published by . This book was released on 1930 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

From Lighthouses to Laserbeams

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Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis From Lighthouses to Laserbeams by :

Download or read book From Lighthouses to Laserbeams written by and published by . This book was released on 1995 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Kicking Away the Ladder

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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.

The History and Future of the World Trade Organization

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Publisher :
ISBN 13 :
Total Pages : 704 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The History and Future of the World Trade Organization by : Craig VanGrasstek

Download or read book The History and Future of the World Trade Organization written by Craig VanGrasstek and published by . This book was released on 2013 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt: The History and Future of the World Trade Organization is a comprehensive account of the economic, political and legal issues surrounding the creation of the WTO and its evolution. Fully illustrated with colour and black-and-white photos dating back to the early days of trade negotiations, the publication reviews the WTO's achievements as well as the challenges faced by the organisation, and identifies the key questions that WTO members need to address in the future. The book describes the intellectual roots of the trading system, membership of the WTO and the growth of the Geneva trade community, trade negotiations and the development of coalitions among the membership, and the WTO's relations with other international organisations and civil society. Also covered are the organisation's robust dispute settlement rules, the launch and evolution of the Doha Round, the rise of regional trade agreements, and the leadership and management of the WTO.

Peddling Protectionism

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Publisher : Princeton University Press
ISBN 13 : 1400888425
Total Pages : 265 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Peddling Protectionism by : Douglas A. Irwin

Download or read book Peddling Protectionism written by Douglas A. Irwin and published by Princeton University Press. This book was released on 2017-10-24 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of America's most infamous tariff The Smoot-Hawley tariff of 1930, which raised U.S. duties on hundreds of imported goods to record levels, is America's most infamous trade law. It is often associated with—and sometimes blamed for—the onset of the Great Depression, the collapse of world trade, and the global spread of protectionism in the 1930s. Even today, the ghosts of congressmen Reed Smoot and Willis Hawley haunt anyone arguing for higher trade barriers; almost single-handedly, they made protectionism an insult rather than a compliment. In Peddling Protectionism, Douglas Irwin provides the first comprehensive history of the causes and effects of this notorious measure, explaining why it largely deserves its reputation for combining bad politics and bad economics and harming the U.S. and world economies during the Depression. In four brief, clear chapters, Irwin presents an authoritative account of the politics behind Smoot-Hawley, its economic consequences, the foreign reaction it provoked, and its aftermath and legacy. Starting as a Republican ploy to win the farm vote in the 1928 election by increasing duties on agricultural imports, the tariff quickly grew into a logrolling, pork barrel free-for-all in which duties were increased all around, regardless of the interests of consumers and exporters. After Herbert Hoover signed the bill, U.S. imports fell sharply and other countries retaliated by increasing tariffs on American goods, leading U.S. exports to shrivel as well. While Smoot-Hawley was hardly responsible for the Great Depression, Irwin argues, it contributed to a decline in world trade and provoked discrimination against U.S. exports that lasted decades. Peddling Protectionism tells a fascinating story filled with valuable lessons for trade policy today.

The National Driver Register Service

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Publisher :
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (56 download)

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Book Synopsis The National Driver Register Service by :

Download or read book The National Driver Register Service written by and published by . This book was released on 1961 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trading Blocs

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Publisher : University of Michigan Press
ISBN 13 : 047202289X
Total Pages : 327 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis Trading Blocs by : Kerry A. Chase

Download or read book Trading Blocs written by Kerry A. Chase and published by University of Michigan Press. This book was released on 2009-09-08 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global commerce is rapidly organizing around regional trading blocs in North America, Western Europe, Pacific Asia, and elsewhere--with potentially dangerous consequences for the world trading system. Professor Kerry Chase examines how domestic politics has driven the emergence of these trading blocs, arguing that businesses today are more favorably inclined to global trade liberalization than in the past because recent regional trading arrangements have created opportunities to restructure manufacturing more efficiently. Trading Blocs is the first book to systematically demonstrate the theoretical significance of economies of scale in domestic pressure for trading blocs, and thereby build on a growing research agenda in areas of political economy and domestic politics. "Chase has written a superb book that provides us with an innovative and compelling explanation for the development of trading blocs." --Vinod Aggarwal, Director, Berkeley APEC Study Center, University of California, Berkeley Kerry A. Chase is Assistant Professor of Political Science at Tufts University.

Mercantile States and the World Oil Cartel, 1900-1939

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Publisher : Cornell University Press
ISBN 13 : 9780801428784
Total Pages : 348 pages
Book Rating : 4.4/5 (287 download)

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Book Synopsis Mercantile States and the World Oil Cartel, 1900-1939 by : Gregory Patrick Nowell

Download or read book Mercantile States and the World Oil Cartel, 1900-1939 written by Gregory Patrick Nowell and published by Cornell University Press. This book was released on 1994 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Regionalization of the World Economy

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Publisher : University of Chicago Press
ISBN 13 : 0226260224
Total Pages : 295 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis The Regionalization of the World Economy by : Jeffrey A. Frankel

Download or read book The Regionalization of the World Economy written by Jeffrey A. Frankel and published by University of Chicago Press. This book was released on 2007-12-01 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.

Equality and Efficiency REV

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Publisher : Brookings Institution Press
ISBN 13 : 0815726546
Total Pages : 171 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Equality and Efficiency REV by : Arthur M. Okun

Download or read book Equality and Efficiency REV written by Arthur M. Okun and published by Brookings Institution Press. This book was released on 2015-04-30 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of "economic philosophy," I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers

Swiss Monetary History since the Early 19th Century

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Publisher : Cambridge University Press
ISBN 13 : 1108191444
Total Pages : 267 pages
Book Rating : 4.1/5 (81 download)

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Book Synopsis Swiss Monetary History since the Early 19th Century by : Ernst Baltensperger

Download or read book Swiss Monetary History since the Early 19th Century written by Ernst Baltensperger and published by Cambridge University Press. This book was released on 2017-08-03 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the remarkable path which led to the Swiss Franc becoming the strong international currency that it is today. Ernst Baltensperger and Peter Kugler use Swiss monetary history to provide valuable insights into a number of issues concerning the organization and development of monetary institutions and currency that shaped the structure of financial markets and affected the economic course of a country in important ways. They investigate a number of topics, including the functioning of a world without a central bank, the role of competition and monopoly in money and banking, the functioning of monetary unions, monetary policy of small open economies under fixed and flexible exchange rates, the stability of money demand and supply under different monetary regimes, and the monetary and macroeconomic effects of Swiss Banking and Finance. Swiss Monetary History since the Early 19th Century illustrates the value of monetary history for understanding financial markets and macroeconomics today.

Basic Instruments & Selected Documents (Bisd

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Publisher : Bernan Press
ISBN 13 : 9780890591017
Total Pages : pages
Book Rating : 4.5/5 (91 download)

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Book Synopsis Basic Instruments & Selected Documents (Bisd by : General Agreement on Tariffs and Trade (Organization)

Download or read book Basic Instruments & Selected Documents (Bisd written by General Agreement on Tariffs and Trade (Organization) and published by Bernan Press. This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Bernan PressUse the easy to search CD to retrieve the relevant decisions, protocols, announcements and records of important committee reports of the GATT from the 2 volumes and the 42 supplements covering the years 1952 - 1994. The text of the documents is presented in English, French, and Spanish.

The National System of Political Economy

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Publisher :
ISBN 13 :
Total Pages : 434 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis The National System of Political Economy by : Friedrich List

Download or read book The National System of Political Economy written by Friedrich List and published by . This book was released on 1916 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic History of Latin America Since Independence

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Publisher : Cambridge University Press
ISBN 13 : 9780521532747
Total Pages : 510 pages
Book Rating : 4.5/5 (327 download)

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Book Synopsis The Economic History of Latin America Since Independence by : V. Bulmer-Thomas

Download or read book The Economic History of Latin America Since Independence written by V. Bulmer-Thomas and published by Cambridge University Press. This book was released on 2003-08-04 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive balanced portrait of the factors affecting economic development in Latin America, first published in 2003.

Trade Policy Disaster

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Publisher : MIT Press
ISBN 13 : 026255383X
Total Pages : 213 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Trade Policy Disaster by : Douglas A. Irwin

Download or read book Trade Policy Disaster written by Douglas A. Irwin and published by MIT Press. This book was released on 2024-12-10 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: The extreme protectionism that contributed to a collapse of world trade in the 1930s is examined in light of the recent economic crisis. The recent economic crisis—with the plunge in the stock market, numerous bank failures and widespread financial distress, declining output and rising unemployment—has been reminiscent of the Great Depression. The Depression of the 1930s was marked by the spread of protectionist trade policies, which contributed to a collapse in world trade. Although policymakers today claim that they will resist the protectionist temptation, recessions are breeding grounds for economic nationalism, and countries may yet consider imposing higher trade barriers. In Trade Policy Disaster, Douglas Irwin examines what we know about trade policy during the traumatic decade of the 1930s and considers what we can learn from the policy missteps of the time. Irwin argues that the extreme protectionism of the 1930s emerged as a consequence of policymakers' reluctance to abandon the gold standard and allow their currencies to depreciate. By ruling out exchange rate changes as an adjustment mechanism, policymakers turned instead to higher tariffs and other means of restricting imports. He offers a clear and concise exposition of such topics as the effect of higher trade barriers on the implosion of world trade; the impact of the Smoot-Hawley tariff of 1930; the reasons some countries adopted draconian trade restrictions (including exchange controls and import quotas) but others did not; the effect of preferential trade arrangements and bilateral clearing agreements on the multilateral system of world trade; and lessons for avoiding future trade wars.