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Recent Us Trade Policy And Its Global Implications
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Book Synopsis Recent U.S. Trade Policy and Its Global Implications by : Robert E. Baldwin
Download or read book Recent U.S. Trade Policy and Its Global Implications written by Robert E. Baldwin and published by . This book was released on 1984 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to describe United States trade policy since World War II, and to assess the possibility for ongoing U.S.trade-policy leadership. U.S. trade policy has shown remarkable consistency since World War II. It has never been as purely free-trade-focussed as some commentators suggest, but it has not recently shifted toward isolationism as dramatically as alarmists fear. It has almost always been best described as "open, but fair," with injury to import competitors being the measure of "fairness." The general consistency of U.S. trade policy over time is quite remarkable given the frequent change of political party in power, especially in the executive branch, but also in the Congress. U.S. trade-policy leadership seems still potentially strong despite a decline in U.S. hegemony. It is clearly strong in a protectionist direction. Any shift toward aggressive insularity justifies parallel trade-policy aggression in the eyes of trading partners. It is arguably strong ina liberalizing direction as well. The U.S. seems ideally poised for aggressive trade-policy peacemaking; perhaps multilaterally, but perhaps also bilaterally; perhaps with its traditional industrial trading partners, but perhaps also with Japan and newly industrializing Asian countries that play so importanta role in U.S. trade, and that, on many matters, may be closer in spirit to U.S. economic philosophy than Europe, Canada, or Latin America
Book Synopsis Recent U.S. Trade Policy and its Global Implications by : Robert E. Baldwin
Download or read book Recent U.S. Trade Policy and its Global Implications written by Robert E. Baldwin and published by . This book was released on 2010 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to describe United States trade policy since World War II, and to assess the possibility for ongoing U.S.trade-policy leadership. U.S. trade policy has shown remarkable consistency since World War II. It has never been as purely free-trade-focussed as some commentators suggest, but it has not recently shifted toward isolationism as dramatically as alarmists fear. It has almost always been best described as quot;open, but fair,quot; with injury to import competitors being the measure of quot;fairness.quot; The general consistency of U.S. trade policy over time is quite remarkable given the frequent change of political party in power, especially in the executive branch, but also in the Congress. U.S. trade-policy leadership seems still potentially strong despite a decline in U.S. hegemony. It is clearly strong in a protectionist direction.Any shift toward aggressive insularity justifies parallel trade-policy aggression in the eyes of trading partners. It is arguably strong ina liberalizing direction as well. The U.S. seems ideally poised for aggressive trade-policy peacemaking; perhaps multilaterally, but perhaps also bilaterally; perhaps with its traditional industrial trading partners, but perhaps also with Japan and newly industrializing Asian countries that play so importanta role in U.S. trade, and that, on many matters,may be closer in spirit to U.S. economic philosophy than Europe, Canada, or Latin America.
Book Synopsis The Structure and Evolution of Recent U.S. Trade Policy by : Robert E. Baldwin
Download or read book The Structure and Evolution of Recent U.S. Trade Policy written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2008-04-15 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent economies, but until now little research has been devoted to them. This volume represents the first systematic effort to analyze specific U.S. trade policies, particularly nontariff measures. It provides a better understanding of how trade policies operate, how effective they are, and what their costs and benefits are to trading nations. The contributors chart the history of U.S. trade policy since World War II, analyze industry-specific trade barriers, and discuss the effects of tariff preferences and export-promoting policies such as export credits and domestic international sales corporations (DISCs). The final section of essays examines the worldwide impact of import policies, pointing out subtleties in industry-specific policies and providing insight into the levels of protection in developing countries. The contributors blend state-of-the-art economics with language that is accessible to the business community, economists, and policymakers. Commentaries accompany each paper.
Book Synopsis U.S. Trade Policy and Global Growth by : Robert A. Blecker
Download or read book U.S. Trade Policy and Global Growth written by Robert A. Blecker and published by M.E. Sharpe. This book was released on 1996 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays offers critical perspectives on current issues in the international economy. Divided into four parts, U.S. Trade Policy and Global Growth discusses managed trade and international interdependence, the effect of trade on domestic wages and employment, the costs and benefits of trade protection, and likely effects of NAFTA. The collection also addresses the U.S. trade deficit and presents a Keynesian proposal for international monetary reform. Part IV focuses on issues facing developing countries in the areas of trade, industrial, and financial policy. Rejecting the dogma that pure free-market policies should be accepted as articles of religious faith, in either international trade or domestic policy, the contributors search for trade and macro policies that can achieve balanced growth with high employment and an equitable distribution of income in both the United States and the rest of the world.
Book Synopsis U.S. Trade Policy by : William A. Lovett
Download or read book U.S. Trade Policy written by William A. Lovett and published by Routledge. This book was released on 2015-02-24 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lovett (Tulane Law School), Eckes (a former commissioner of the U.S. International Commission during the Reagan and Bush I administrations), and Brinkman (international economics, Portland State U.) evaluate the evolution of U.S. trade policy, focusing on the period from the establishment of the Gen
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
Book Synopsis U.S. Trade and Investment Policy by : Andrew H. Card
Download or read book U.S. Trade and Investment Policy written by Andrew H. Card and published by Council on Foreign Relations. This book was released on 2011 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: From American master Ward Just, returning to his trademark territory of "Forgetfulness "and "The Weather in Berlin," an evocative portrait of diplomacy and desire set against the backdrop of America's first lost war
Book Synopsis The New Politics of American Trade by : I. M. Destler
Download or read book The New Politics of American Trade written by I. M. Destler and published by Peterson Institute. This book was released on 1999 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imports pour into the United States, up by 79 percent in six years. The trade deficit more than doubles. The House of Representatives solidly rejects a bill that would liberalize global and regional trade and endorses import quotas for a major manufactured product by a two-to-one margin. Although at first glance these events of the 1990s might sound like past chapters of US trade politics, in fact the political dynamics have changed in significant ways. As the impact of globalization comes into focus, politically important constituencies have begun to resist trade liberalization. Labor and environmental groups in particular, demanding that their concerns be addressed, have succeeded in fracturing the long-standing, bipartisan, protrade coalition in Congress, and in the process have undercut US leadership in liberalizing global trade. This new study reexamines the landscape of trade politics. It shows how trade advocates and labor and environmental skeptics differ significantly in both their substantive views and their political and organizational cultures. The authors demonstrate how this new challenge differs from that of traditional trade protectionism, likening it instead to the debate a century ago over whether and how to regulate American capitalism for social purposes. The analysis leads to a set of recommendations aimed at constructive compromise and a new political foundation for US trade policy leadership.
Book Synopsis The Effects of U.S. Trade Protection and Promotion Policies by : Robert C. Feenstra
Download or read book The Effects of U.S. Trade Protection and Promotion Policies written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2008-04-15 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists disagree on whether recent U.S. trade policies are harmful or helpful, but they all agree that there is a new trend toward focusing on results-oriented policies in specific markets and with particular trading partners. These twelve essays by leading international economists explore crucial issues in U.S. trade policy today. Topics examined include the markets for automobile and automobile parts in the United States and Japan, the U.S. response to "unfair" trading practices such as dumping, and the effects of industry- and country-specific policies. Examples include high-technology and agricultural industries and off-shore assembly in U.S. border cities. The volume concludes that some policies can act to both protect imports and promote exports, that the threat of protectionist policies can often have effects that are as pronounced as their implementation, and that regulatory policy has as great an impact on trade and investment patterns as does trade policy itself. It will be of crucial interest to international trade economists, policy specialists, and political scientists.
Book Synopsis National Politics in a Global Economy by : Philip A. Mundo
Download or read book National Politics in a Global Economy written by Philip A. Mundo and published by Georgetown University Press. This book was released on 1999 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: In our increasingly globalized world, U.S. trade policy stands at the intersection of foreign and domestic affairs. This book explains trade policy in terms of domestic politics, presenting a concise account of its origins and political significance. Although trade policy is a component of foreign policy, Philip A. Mundo explains how it is rooted in the domestic policy process and carries with it enormous implications for domestic affairs. He reviews the growing importance of trade policy since World War II -- particularly over the past twenty years -- and shows how recent policies like NAFTA are shaped by the domestic agenda. Mundo explains trade policy as the product of a three-stage process comprising agenda setting, program adoption, and implementation. He reviews this process in terms of the ideas that inform trade policy, the interests that seek to influence it, and the institutions that shape it. He also addresses the importance of specific measures, such as administrative relief and trade sanctions. This book distills the essence of the trade policy process into a concise, innovative framework accessible to students and general readers. With the growing importance of trade policy, it makes explicit many of the subtleties surrounding policymaking while fully explicating the legal and international context in which trade operates.
Book Synopsis Fairness in the World Economy by : Americo Beviglia Zampetti
Download or read book Fairness in the World Economy written by Americo Beviglia Zampetti and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Americo Beviglia Zampetti s Fairness in the World Economy provides an important lens into understanding fairness debates in contemporary trade discourse. . . an important contribution to the trade literature. . . the historical excavation that Fairness in the World Economy provides is of great value. Students and scholars alike will find Zampetti s clear and concise history of US trade policy from the founding to the present to be extremely useful. More importantly, at a time when there is widespread argument that too few share in [globalization s] benefits [and] too many have no voice in its design and no influence on its course, Fairness in the World Economy invites its readers to consider the adequacy of the level playing field notion of fairness and to grapple with the politically contentious question of how trade can help create a more just international economic order. Jeffrey L. Dunoff, The American Journal of International Law This is an unusually timely and insightful work, addressing the crucial issue of the justice of globalization. The author avoids the polemics and abstractions with which this question is usually treated; his economic literacy as well as hands-on policy experience in international and transnational institutions, make this a uniquely practical, balanced and nuanced account, bringing much clarity to a heated debate, which usually divides the different disciplines and specialities rather than inciting their engagement. Robert L. Howse, University of Michigan, Ann Arbor, US This volume describes the birth (with all the birth defects) of the notion of fairness in the US. The extent of the author's research is quite breathtaking: not only does he delve into an infinite series of official and semi-official documents, but he also looks at case law, opinions expressed in the literature etc., to come up with an expression of (US) fairness that does not suffer from selection bias. But this is only half what the author has accomplished through his work. He goes on to examine how US fairness has been exported to international institutions (such as the GATT/WTO regime) and demonstrates how, once discussed and shaped among all trading partners, it has come back to the US in a different form. The book thus provides both the inside out and the outside in perspective. It will prove invaluable for the political scientist, the economic historian and the lawyer alike. Petros C. Mavroidis, Edwin B. Parker Professor of Law, Columbia Law School, US and University of Neuchatel, Switzerland & CEPR This book represents a significant scholarly contribution to the field of international political economy, with particular respect to the evolution of the multilateral trading system. The author engages effectively with the current debate concerning the conflict between the legalistic foundations of the multilateral trading system underpinned by the equality of nation states and the demands for fair trade on the basis of inter-personal equity. It is a coherent and well-researched book on a critically important issue that has not received the significant attention that it deserves within the field of international trade policy. Robert Read, Lancaster University Management School, UK In an international context, fairness is particularly important, since only a system which is perceived by its participants as fair can command acceptance and compliance. The main focus of this study is to investigate the development of the notion of fairness in US trade policy and law as well as the impact this notion has on international trade discussions and rule-making, and especially on the formation of the multilateral trade regime. The contention of the author, Americo Beviglia Zampetti, is that fairness concerns, which have been present in the US trade policy debates and treaty practice since the Republic s inception, have contributed to shaping these debates and practice over the years, both at home and abroad. These concerns were
Book Synopsis U.S. International Trade Policy by : W. Charles Sawyer
Download or read book U.S. International Trade Policy written by W. Charles Sawyer and published by Bloomsbury Publishing USA. This book was released on 2017-01-09 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: To understand trade policy, one needs to understand the basics of international economics. This book provides nonspecialists with accessible explanations of international trade, enabling readers to appreciate the importance of current events in international trade policy. Due to the ever-increasing globalization of the U.S. economy, articles that involve international trade policy—both here and abroad—are increasingly common in publications such as The New York Times, The Wall Street Journal, and The Economist. In many cases, it is apparent that the authors of such articles lack a sound understanding of the basics of international trade policy. Similarly, many nonspecialist readers do not have the necessary background to grasp the meaning of current events in international economics. This book serves both writers and readers, providing concise, easy-to-understand overviews of the key topics necessary for journalists to write understandable articles on trade policy and for readers to understand what they are reading. The book begins with coverage of the basic framework of international economics that readers need to grasp in order to understand trade policy. The next two sections cover the tools of trade policy and the political factors that drive their use. The author discusses the history of trade policy, describes how it has evolved over time, and explains where it is headed in the future. Readers will come away with a working understanding of topics such as balance of payments, the current account, comparative advantage, government export subsidies, the World Trade Organization (WTO), the Doha Round, the North American Free Trade Agreement (NAFTA), the European Union (EU), and the U.S. Trade Representative.
Book Synopsis U.S. Trade Policy by : William A. Lovett
Download or read book U.S. Trade Policy written by William A. Lovett and published by Routledge. This book was released on 2015-02-24 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lovett (Tulane Law School), Eckes (a former commissioner of the U.S. International Commission during the Reagan and Bush I administrations), and Brinkman (international economics, Portland State U.) evaluate the evolution of U.S. trade policy, focusing on the period from the establishment of the Gen
Book Synopsis Digital trade and U.S. trade policy by : Rachel F. Fefer
Download or read book Digital trade and U.S. trade policy written by Rachel F. Fefer and published by . This book was released on 2018 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Revisiting U.S. Trade Policy by : Alfred E. Eckes
Download or read book Revisiting U.S. Trade Policy written by Alfred E. Eckes and published by Ohio University Press. This book was released on 2000 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: In trade policy, as in many other areas of public policy, decision makers often confront present and future problems with little understanding of how similar disputes were resolved in the past. Too often, busy public officials had no time to write or record negotiating histories. Revisiting U.S. Trade Policy, which is certain to become a classic in the literature of trade negotiations, is just such a record. Built on the oral histories of thirty-five former U.S. trade policymakers -- including Michael Blumenthal, Alonzo McDonald, William Roth, and Robert S. Strauss -- this unique record, prepared for publication by Alfred E. Eckes, revisits some of the most important moments of America's trade liberalization program in the years after World War II. From GATT to the World Trade Organization, these major players look back in candid hindsight at their decisions concerning trade policy and the effects that those decisions had on shaping the new international economic order.
Book Synopsis Free Trade Agreements by : William H. Cooper
Download or read book Free Trade Agreements written by William H. Cooper and published by DIANE Publishing. This book was released on 2011-04 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Free trade areas (FTAs) are arrangements among two or more countries under which they agree to eliminate tariffs and non-tariff barriers on trade in goods among themselves. However, each country maintains its own policies, including tariffs, on trade outside the region. In the last few years, the U.S. has engaged or has proposed to engage in negotiations to establish bilateral and regional free trade arrangements with a number of trading partners. Contents of this report: What are Free Trade Areas?; Why Countries Form FTAs; FTAs in the Context of U.S. Trade Policy; Obama Admin. Policy and Recent Developments; Economic Impact of FTAs; FTAs and the WTO; The Debate Over FTAs; Conclusions. Illus. This is a print on demand report.
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)
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.
