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Policy Externalities And International Trade Agreements
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Book Synopsis Policy Externalities And International Trade Agreements by : Limao Nuno
Download or read book Policy Externalities And International Trade Agreements written by Limao Nuno and published by World Scientific. This book was released on 2018-09-19 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book Policy Externalities and International Trade Agreements is a selection of published articles examining how policy externalities motivate and can be addressed by international trading institutions. The studies provide groundbreaking evidence of the role of international market power and policy uncertainty as motives for trade agreements and on the potential clash between preferential trade liberalization (e.g. European Union, NAFTA) and multilateral agreements (WTO). The studies presented in this book not only identify and estimate how different policies interact with each other and across agreements, but also examine how international trading institutions can be used to limit redistribution towards special interest groups and enforce better cooperation across issues, such as labor and the environment, and between developing and developed countries.
Book Synopsis Policy Externalities and International Trade Agreements by : Nuno Limão
Download or read book Policy Externalities and International Trade Agreements written by Nuno Limão and published by . This book was released on 2018 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Law and Economics of International Trade Agreements by : Alan O. Sykes
Download or read book The Law and Economics of International Trade Agreements written by Alan O. Sykes and published by Edward Elgar Publishing. This book was released on 2023-05-09 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the pen of highly esteemed trade scholar Alan Sykes, this book presents a rigorous introduction to the law and economics of modern international trade agreements. With a bottom-up approach that requires neither a background in international trade law nor significant economics training, Sykes sets out to map and explain the complex dynamics of international trade agreements and institutions, synthesising legal analysis and cutting-edge economic research in order to present the reader with a sophisticated, holistic view of the field.
Book Synopsis Developing Countries and Enforcement of Trade Agreements by : Chad P. Bown
Download or read book Developing Countries and Enforcement of Trade Agreements written by Chad P. Bown and published by World Bank Publications. This book was released on 2007 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Poor countries are rarely challenged in formal World Trade Organization trade disputes for failing to live up to commitments, reducing the benefits of their participation in international trade agreements. This paper examines the political-economic causes of the failure to challenge poor countries, and discusses the static and dynamic costs and externality implications of this failure. Given the weak incentives to enforce World Trade Organization rules and disciplines against small and poor members, bolstering the transparency function of the World Trade Organization is important for making trade agreements more relevant to trade constituencies in developing countries. Although the paper focuses on the World Trade Organization system, the arguments also apply to reciprocal North-South trade agreements.
Download or read book Handbook of Commercial Policy written by and published by Elsevier. This book was released on 2016-11-02 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Commercial Policy explores three main topics that permeate the study of commercial policy. The first section presents a broad set of basic empirical facts regarding the pattern and evolution of commercial policy, with the second section investigating the crosscutting legal issues relating to the purpose and design of agreements. Final sections cover key issues of commercial policy in the modern global economy. Every chapter in the book provides coverage from the perspectives of multilateral, and where appropriate, preferential trade agreements. While most other volumes are policy-oriented, this comprehensive guide explores the ways that intellectual thinking and rigor organize research, further making frontier-level synthesis and current theoretical, and empirical, research accessible to all. Covers the research areas that are critical for understanding how the world of commercial policy has changed, especially over the last 20 years Presents the way in which research on the topic has evolved Scrutinizes the economic modeling of bargaining and legal issues Useful for examining the theory and empirics of commercial policy
Book Synopsis A Practical Guide to Trade Policy Analysis by : Marc Bacchetta
Download or read book A Practical Guide to Trade Policy Analysis written by Marc Bacchetta and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade flows and trade policies need to be properly quantified to describe, compare, or follow the evolution of policies between sectors or countries or over time. This is essential to ensure that policy choices are made with an appropriate knowledge of the real conditions. This practical guide introduces the main techniques of trade and trade policy data analysis. It shows how to develop the main indexes used to analyze trade flows, tariff structures, and non-tariff measures. It presents the databases needed to construct these indexes as well as the challenges faced in collecting and processing these data, such as measurement errors or aggregation bias. Written by experts with practical experience in the field, A Practical Guide to Trade Policy Analysis has been developed to contribute to enhance developing countries' capacity to analyze and implement trade policy. It offers a hands-on introduction on how to estimate the distributional effects of trade policies on welfare, in particular on inequality and poverty. The guide is aimed at government experts engaged in trade negotiations, as well as students and researchers involved in trade-related study or research. An accompanying DVD contains data sets and program command files required for the exercises. Copublished by the WTO and the United Nations Conference on Trade and Development
Book Synopsis Trade Policy Implications of a Changing World: Tariffs and Import Market Power by : Adam Jakubik
Download or read book Trade Policy Implications of a Changing World: Tariffs and Import Market Power written by Adam Jakubik and published by International Monetary Fund. This book was released on 2023-01-13 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic theory suggests that countries’ tariff commitments in trade agreements reflect their import market power at the time of negotiations. However, as countries grow, their market power in different sectors can change in unforeseen ways and their commitments may no longer reflect changed economic conditions. Using a newly built dataset of pre-Uruguay Round applied tariffs and relying on the theoretical framework of the terms-of-trade motive for trade agreements, we estimate hypothetical tariff commitments under current levels of market power and compare them with actual tariff commitments. We find that lower tariff commitments required to reflect current economic conditions would amount to a reduction in annual tariff costs of up to $26.4 billion – equivalent to nearly 10% of global tariff costs. Our results reveal substantial heterogeneity between countries and sectors. The sectors with the largest potential tariff cost reductions are vehicles (HS 87) and machinery and appliances (HS 84-85). Product-level tariff reductions would range from 0 to 18.5 percentage points and are on average largest for China. In the past, the GATT/WTO system has updated tariff commitments through periodic rounds of negotiations, and our findings support the revival of the WTO's negotiation function in this area.
Book Synopsis Votes, Vetoes, and the Political Economy of International Trade Agreements by : Edward D. Mansfield
Download or read book Votes, Vetoes, and the Political Economy of International Trade Agreements written by Edward D. Mansfield and published by Princeton University Press. This book was released on 2012-05-27 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Preferential trading arrangements (PTAs) play an increasingly prominent role in the global political economy, two notable examples being the European Union and the North American Free Trade Agreement. These agreements foster economic integration among member states by enhancing their access to one another's markets. Yet despite the importance of PTAs to international trade and world politics, until now little attention has been focused on why governments choose to join them and how governments design them. This book offers valuable new insights into the political economy of PTA formation. Many economists have argued that the roots of these agreements lie in the promise they hold for improving the welfare of member states. Others have posited that trade agreements are a response to global political conditions. Edward Mansfield and Helen Milner argue that domestic politics provide a crucial impetus to the decision by governments to enter trade pacts. Drawing on this argument, they explain why democracies are more likely to enter PTAs than nondemocratic regimes, and why as the number of veto players--interest groups with the power to block policy change--increases in a prospective member state, the likelihood of the state entering a trade agreement is reduced. The book provides a novel view of the political foundations of trade agreements.
Book Synopsis The Economics of the World Trading System by : Kyle Bagwell
Download or read book The Economics of the World Trading System written by Kyle Bagwell and published by MIT Press. This book was released on 2004-08-20 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: World trade is governed by the rules of the World Trade Organization (WTO), the successor to the General Agreement on Tariffs and Trade (GATT). The WTO sets rules of conduct for the international trade of goods and services and for intellectual property rights, provides a forum for multinational negotiations to resolve trade problems, and has a formal mechanism for dispute settlement. It is the primary institution working, through rule-based bargaining, at freeing trade. In this book, Kyle Bagwell and Robert Staiger provide an economic analysis and justification for the purpose and design of the GATT/WTO. They summarize their own research, discuss the major features of the GATT agreement, and survey the literature on trade agreements. Their focus on the terms-of-trade externality is particularly original and ties the book together. Topics include the theory of trade agreements, the origin and design of the GATT and the WTO, the principles of reciprocity, the most favored nation principle, terms-of-trade theory, enforcement, preferential trade agreements, labor and environmental standards, competition policy, and agricultural export subsidies.
Book Synopsis The Political Economy of International Trade by : Jae Wan Chung
Download or read book The Political Economy of International Trade written by Jae Wan Chung and published by Lexington Books. This book was released on 2006-01-30 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: American trade policy is a crucial subject to not only the United States but also foreign countries. Free trade has been a long-standing U.S. policy position, playing the lead role in the international free trade framework and contributing to this framework through multilateral trade negotiations. As both trade deficits and fiscal deficits steadily increased during the 1980s in the U.S., free trade has not stood without its share of suffering. Chung investigates American trade policy from the perspectives of U.S. trade laws and international trade agreements by outlining the primary trade laws of the past; considering the trade laws of the present; and delving into various trade agreements, disputes, and reforms. Looking to the future, Chung offers a unique argument for the enforcement of trade remedy laws and the reform of the international trade framework. The Political Economy of International Trade is certain to be of interest to academics, policymakers, trade industry practitioners, and politicians in the United States as well as around the world.
Book Synopsis The World Trading System: Historical and conceptual foundations by : Robert Howse
Download or read book The World Trading System: Historical and conceptual foundations written by Robert Howse and published by Taylor & Francis. This book was released on 1998 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 1 = Historical and conceptual foundations ; Volume 2 = Dispute settlement in the world ; Volume 3 = Administered protection ; Volume 4 = The Uruguay round and beyond.
Book Synopsis The WTO and the Political Economy of Trade Policy by : Wilfred Ethier
Download or read book The WTO and the Political Economy of Trade Policy written by Wilfred Ethier and published by Edward Elgar Publishing. This book was released on 2008 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers topics such as unilateral and multilateral trade policies, international trade agreements and administered protection. This book presents a discussion of the political economy approach, the development of multilateral trade agreements, the trade and internal motives that guide unilateral trade policy.
Book Synopsis Developing Countries and Enforcement of Trade Agreements by : Chad P. Bown
Download or read book Developing Countries and Enforcement of Trade Agreements written by Chad P. Bown and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Poor countries are rarely challenged in formal World Trade Organization trade disputes for failing to live up to commitments, reducing the benefits of their participation in international trade agreements. This paper examines the political-economic causes of the failure to challenge poor countries, and discusses the static and dynamic costs and externality implications of this failure. Given the weak incentives to enforce World Trade Organization rules and disciplines against small and poor members, bolstering the transparency function of the World Trade Organization is important for making trade agreements more relevant to trade constituencies in developing countries. Although the paper focuses on the World Trade Organization system, the arguments also apply to reciprocal North-South trade agreements.
Book Synopsis The Sovereign Remedy? by : Antoni Estevadeordal
Download or read book The Sovereign Remedy? written by Antoni Estevadeordal and published by OUP Oxford. This book was released on 2009-04-23 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade and the rapidly proliferating network of trade agreements have aroused passions for decades. While some blame trade agreements for exporting jobs, sowing poverty, furthering illegal migration, and robbing national sovereignty, others praise them as lynchpins of growth, pillars of peace, guarantors of security, and engines of globalization. Still others view them as useful instruments for fostering global trade and investment. This book examines whether trade agreements merit the blame levelled against them or the hopes pinned on them. It employs extensive new historical data on trade agreements to examine the features of the ongoing trade agreement wave; analyzes the future implications of trade agreements in the context of the multilateral trading system, world trade, and international politics; and puts forth novel policy proposals to make trade agreements a more constructive force in the global economy.
Book Synopsis Trade Agreements by : James K. Jackson
Download or read book Trade Agreements written by James K. Jackson and published by DIANE Publishing. This book was released on 2010-08 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: (1) Background; (2) An Overview of the Major Agreements: Multilateral Agreements; Regional Trade Agreements; Completed Bilateral Trade Agreements; Signed Bilateral Trade Agreements Requiring Congressional Approval; Pending Bilateral Trade Agreements; (3) Trade Liberalization and the Gains From Trade: Production Gains; Adjustment Costs; Consumption Gains; Economic Growth; (4) Estimating the Economic Impact of Trade Agreements: Overview; The Michigan Model and Estimates; Investment and Capital Flows; Data on Barriers to Trade in Services; (5) Implications for Congress. Charts and tables.
Book Synopsis Globalization And International Trade Policies by : Robert M Stern
Download or read book Globalization And International Trade Policies written by Robert M Stern and published by World Scientific. This book was released on 2009-09-04 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together a collection of papers that Robert M Stern and his co-authors have written in recent years. The collection addresses a variety of issues pertinent to the global trading system. One group of papers deals with globalization in terms of what the public needs to know about this phenomenon and the role of the World Trade Organization (WTO), whether some countries may be hurt by globalization, how global market integration relates to national sovereignty, and how and whether considerations of fairness are and should be dealt with in the global trading system and WTO negotiations. A second group of papers consists of analytical and computational modeling studies of multilateral, regional, and bilateral trading arrangements and negotiations from a global and national perspective for the United States and other major trading countries. The remaining papers include an empirical analysis of barriers to international services transactions and the consequences of liberalization, and issues of international trade and labor standards.
Book Synopsis International Trade Agreements and Political Economy by : Raymond Riezman
Download or read book International Trade Agreements and Political Economy written by Raymond Riezman and published by World Scientific. This book was released on 2013-03-25 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive view of recent developments in the theory of international trade agreements and political economy, by focusing on research by Raymond Riezman. This pioneering work introduced terms of trade effects and strategic behavior to the theory of international trade agreements. This is complemented by a careful analysis of how politics affects international trade agreements. The book brings together work which focuses on the question of why international trade agreements occur and what forms they take. Contents:Tariffs and Trade Agreements:A 3X3 Model of Customs UnionsTariff Retaliation from a Strategic ViewpointCustoms Unions and the CoreDo Big Countries Win Tariff Wars?Optimal Tariff Equilibria with Customs UnionsDynamic Tariffs with Asymmetric InformationUnderstanding the Welfare Implications of Preferential Trade AgreementsA Strategic and Welfare Theoretic Analysis of Free Trade AreasHow Often are Propositions on the Effects of Regional Trade Agreements Theoretical Curiosa?Free Trade: What are the Terms-of-Trade Effects?Political Economy and Voting Models:Voter Preferences for Trade Policy InstrumentsSeniority in LegislaturePolitical Reform and Trade PolicyThe Sources of Protectionist Drift in Representative DemocraciesMinorities and Storable VotesInternational Trade Topics:Uncertainty and the Choice of Trade Policy in Oligopolistic IndustriesAn Experimental Investigation of the Patterns of International TradeThe Principles of Exchange Rate Determination in an International Finance ExperimentTrade Shocks and Macroeconomic Fluctuations in AfricaTrade, and the Distribution of Human Capital Readership: Graduates and researchers in international economics; professionals and policy makers involved in decisions related to international trade; general public interested in political economy. Keywords:International Trade;Political Economy;Theory of International Free Trade Agreements;Customs Unions;Tariff Dynamics;Storable VotesKey Features:Unique treatment of international trade agreements and political influences on themBrings together work which focuses on the question of why international trade agreements occur
