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The Gatts Contribution To Economic Recovery In Post War Western Europe
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Book Synopsis The GATT's Contribution to Economic Recovery in Post-war Western Europe by : Douglas A. Irwin
Download or read book The GATT's Contribution to Economic Recovery in Post-war Western Europe written by Douglas A. Irwin and published by . This book was released on 1994 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of trade liberalization under the auspices of the General Agreement on Tarrifs and Trade (GATT) in promoting economic recovery and growth in Europe in the decade after World War II. The formation of the GATT does not appear to have stimulated a particularly rapid liberalization of world trade in the decade after 1947. It is therefore difficult to attribute much of a role to the GATT in the dramatic economic recovery during the immediate post-war period beyond that of an effective supporting actor. The principal contribution of the GATT during its first decade of operation rests more in securing binding agreements on early tariff reductions, thereby preventing countries from instituting higher tariffs as import quotas and foreign exchange controls were being phased out during the 1950s under the guidance of other international institutions.
Book Synopsis Europe's Postwar Recovery by : Barry Eichengreen
Download or read book Europe's Postwar Recovery written by Barry Eichengreen and published by Cambridge University Press. This book was released on 1995-12-07 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Western Europe's recovery from World War II was nothing short of miraculous. From the chaos of the war and the crisis of 1947, Europe moved directly to the most rapid quarter-century of economic growth in her history. The contributors to this volume seek to identify the sources of this singularly successful recovery. That all European countries shared in the miracle suggests that its roots may lie at the international level. The chapters therefore focus on the role played by international institutions - the International Monetary Fund, the World Bank, the European Coal and Steel Community, the European Payments Union, the General Agreement on Tariffs and Trade - and weigh the relative importance of domestic and international factors in Europe's postwar recovery. This book will be of interest to students of modern European history and to economists interested in economic growth, European economic integration, and reform of the Bretton Woods institutions.
Book Synopsis The Marshall Plan Lessons Learned for the 21st Century by : OECD
Download or read book The Marshall Plan Lessons Learned for the 21st Century written by OECD and published by OECD Publishing. This book was released on 2008-09-15 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the historical, diplomatic, economic, and strategic aspects of the European Recovery Program (ERP) - popularly known as the Marshall Plan.
Book Synopsis Remaking the Postwar World Economy by : P. Burnham
Download or read book Remaking the Postwar World Economy written by P. Burnham and published by Springer. This book was released on 2003-09-02 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter Burnham presents a detailed, archive-based account of the keys aspects of international monetary relations in the 1950s focusing in particular on Anglo-American policy surrounding the restoration of sterling convertibility. He argues that in 1952 the British government had a unique opportunity to take an almost revolutionary step in the external field to transform the international political economy (through the abolition of the fixed rate system, the International Monetary Fund, and the European Payments Union) and restructure Britain's domestic economy to tackle longstanding productivity, export and labour market problems.
Book Synopsis Regionalism versus Multilateralism by : L. Alan Winters
Download or read book Regionalism versus Multilateralism written by L. Alan Winters and published by World Bank Publications. This book was released on 1999 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: November 1996 Do the forces that regional integration arrangements set up encourage or discourage a trend toward globally freer trade? We don't know yet. The literature on regionalism versus multilateralism is growing as economists and political scientists grapple with the question of whether regional integration arrangements are good or bad for the multilateral system. Are regional integration arrangements building blocks or stumbling blocks, in Jagdish Bhagwati's phrase, or stepping stones toward multilateralism? As economists worry about the ability of the World Trade Organization to maintain the GATT's unsteady yet distinct momentum toward liberalism, and as they contemplate the emergence of world-scale regional integration arrangements (the EU, NAFTA, FTAA, APEC, and, possibly, TAFTA), the question has never been more pressing. Winters switches the focus from the immediate consequences of regionalism for the economic welfare of the integrating partners to the question of whether it sets up forces that encourage or discourage evolution toward globally freer trade. The answer is, We don't know yet. One can build models that suggest either conclusion, but these models are still so abstract that they should be viewed as parables rather than sources of testable predictions. Winters offers conclusions about research strategy as well as about the world we live in. Among the conclusions he reaches: * Since we value multilateralism, we had better work out what it means and, if it means different things to different people, make sure to identify the sense in which we are using the term. * Sector-specific lobbies are a danger if regionalism is permitted because they tend to stop blocs from moving all the way to global free trade. In the presence of lobbies, trade diversion is good politics even if it is bad economics. * Regionalism's direct effect on multilateralism is important, but possibly more so is the indirect effect it has by changing the ways in which groups of countries interact and respond to shocks in the world economy. * Regionalism, by allowing stronger internalization of the gains from trade liberalization, seems likely to facilitate freer trade when it is initially highly restricted. * The possibility of regionalism probably increases the risks of catastrophe in the trading system. The insurance incentives for joining regional arrangements and the existence of shiftable externalities both lead to such a conclusion. So too does the view that regionalism is a means to bring trade partners to the multilateral negotiating table because it is essentially coercive. Using regionalism for this purpose may have been an effective strategy, but it is also risky. This paper - a product of the International Trade Division, International Economics Department - was prepared for a conference on regional integration sponsored by the Centre for Economic Policy Research, La Coru-a, Spain, April 26-27, 1996, and will appear in the conference proceedings.
Book Synopsis The Postwar Transformation of Germany by : John Shannon Brady
Download or read book The Postwar Transformation of Germany written by John Shannon Brady and published by University of Michigan Press. This book was released on 1999-09-03 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: DIVOffers a review of how Germany changed in the fifty years since the formation of the Federal Republic of Germany by some of our most distinguished scholars /div
Book Synopsis How Global Institutions Rule the World by : Josep M Colomer
Download or read book How Global Institutions Rule the World written by Josep M Colomer and published by Springer. This book was released on 2014-11-19 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews bureau-type organizations delivering network goods, documenting how most global institutions greatly improved their effectiveness during the last few decades. In the current globalized world, the design and choice of appropriate institutional rules and procedures can result in effective and democratic global government.
Book Synopsis Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA by : Mr.Tamim Bayoumi
Download or read book Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA written by Mr.Tamim Bayoumi and published by International Monetary Fund. This book was released on 1995-11-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the impact on trade of preferential arrangements in Europe since the 1950s. Using a first difference version of the gravity model, we find that the EEC and EFTA altered the pattern of international trade. We also find evidence of trade diversion in several cases, notably that of the EEC in the 1960s.
Book Synopsis The Oxford Handbook of the Italian Economy Since Unification by : Gianni Toniolo
Download or read book The Oxford Handbook of the Italian Economy Since Unification written by Gianni Toniolo and published by Oxford University Press. This book was released on 2013-01-04 with total page 822 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Oxford Handbook provides a fresh overall view and interpretation of the modern economic growth of one of the largest European countries, whose economic history is less known internationally than that of other comparably large and successful economies. It will provide, for the first time, a comprehensive, quantitative "new economic history" of Italy. The handbook offers an interpretation of the main successes and failures of the Italian economy at a macro level, the research--conducted by a large international team of scholars --contains entirely new quantitative results and interpretations, spanning the entire 150-year period since the unification of Italy, on a large number of issues. By providing a comprehensive view of the successes and failures of Italian firms, workers, and policy makers in responding to the challenges of the international business cycle, the book crucially shapes relevant questions on the reasons for the current unsatisfactory response of the Italian economy to the ongoing "second globalization." Most chapters of the handbook are co-authored by both an Italian and a foreign scholar.
Book Synopsis Welfare State Change in Leading OECD Countries by : Ingmar Schustereder
Download or read book Welfare State Change in Leading OECD Countries written by Ingmar Schustereder and published by Springer Science & Business Media. This book was released on 2010-05-30 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ingmar J. Schustereder investigates the relative influence of economic globalization and post industrial developments as drivers behind recent welfare state change and examines to what extent different national systems of social protection have preserved their core institutional features over time.
Book Synopsis A Modern Economic History of Emerging Markets (1950–2020) by : Ahmet Akarli
Download or read book A Modern Economic History of Emerging Markets (1950–2020) written by Ahmet Akarli and published by Springer Nature. This book was released on with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Regionalism versus Multilateral Trade Arrangements by : Takatoshi Ito
Download or read book Regionalism versus Multilateral Trade Arrangements written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2007-12-01 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no doubt that the open multilateral trading system after World War II was a key ingredient in the rapid economic development of the entire world. Especially in Hong Kong, Korea, Singapore, and Taiwan, exports increased dramatically both in absolute terms and as a percentage of GNP. In the 1980s, however, preferential trading arrangements (PTAs) began to emerge as significant factors affecting world trade. This volume contains thirteen papers that analyze the tensions between multilateral trading systems and preferential trade arrangements and the impact of these tensions on East Asia. The first four chapters introduce PTAs conceptually and focus on the unique political issues that these agreements involve. The next five essays present more direct empirical analyses of existing PTAs and their economic effects, primarily in East Asia. The last four papers concentrate on the outcomes of individual East Asian nations' trading policies in specific instances of preferential agreements.
Book Synopsis Regime Accommodation in International Law by : Heejin Kim
Download or read book Regime Accommodation in International Law written by Heejin Kim and published by BRILL. This book was released on 2016-07-18 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Regime Accommodation in International Law: Human Rights in International Economic Law and Policy, Heejin Kim analyses the ways in which international human rights and economic law interact and conflict across a range of complex issues. These sub-branches of international law are not entirely autonomous; as the author shows, they have been developed in a close relation to each other. International law – imperfect as it is – provides means to resolve the antinomies arising from conflicting rights and obligations under these sub-fields. Against the difficulties of addressing non-economic concerns including human rights in the practice of WTO and foreign investment regime, Kim examines how decision-makers at different stages of international economic policy-making can accommodate, invoke, or reflect human rights in a better way.
Book Synopsis The European Economy since 1945 by : Barry Eichengreen
Download or read book The European Economy since 1945 written by Barry Eichengreen and published by Princeton University Press. This book was released on 2008-07-01 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1945, many Europeans still heated with coal, cooled their food with ice, and lacked indoor plumbing. Today, things could hardly be more different. Over the second half of the twentieth century, the average European's buying power tripled, while working hours fell by a third. The European Economy since 1945 is a broad, accessible, forthright account of the extraordinary development of Europe's economy since the end of World War II. Barry Eichengreen argues that the continent's history has been critical to its economic performance, and that it will continue to be so going forward. Challenging standard views that basic economic forces were behind postwar Europe's success, Eichengreen shows how Western Europe in particular inherited a set of institutions singularly well suited to the economic circumstances that reigned for almost three decades. Economic growth was facilitated by solidarity-centered trade unions, cohesive employers' associations, and growth-minded governments--all legacies of Europe's earlier history. For example, these institutions worked together to mobilize savings, finance investment, and stabilize wages. However, this inheritance of economic and social institutions that was the solution until around 1973--when Europe had to switch from growth based on brute-force investment and the acquisition of known technologies to growth based on increased efficiency and innovation--then became the problem. Thus, the key questions for the future are whether Europe and its constituent nations can now adapt their institutions to the needs of a globalized knowledge economy, and whether in doing so, the continent's distinctive history will be an obstacle or an asset.
Book Synopsis The African Continental Free Trade Area Agreement by : Kofi Oteng Kufuor
Download or read book The African Continental Free Trade Area Agreement written by Kofi Oteng Kufuor and published by Taylor & Francis. This book was released on 2024-02-06 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2018, the members of the African Union adopted the African Continental Free Trade Area Agreement (AfCFTA). This book examines the AfCFTA, dissecting its key provisions. It stresses the importance of the AfCFTA in the context of increasing episodes of trade protection in Africa, and it theorizes on the role of the treaty organs. The book also examines the importance of citizen participation for the success of the AfCFTA, as well as exploring the role sub-state actors can play. Ultimately, the study adds to the understanding of the array of problems that are associated with regional trade in Africa and the role law plays in resolving these problems. It will be of importance to academics and students of international law, especially those with an interest in African trade law, as well as legal professionals and policymakers.
Book Synopsis Integrating Regions by : Miles Kahler
Download or read book Integrating Regions written by Miles Kahler and published by Stanford University Press. This book was released on 2013-07-24 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proliferation of regional institutions and initiatives in Asia over the past decade is unmatched in any other region of the world. The authors in this collection explore the distinctive features of these institutions by comparing them for the first time to the experience of other regions; from the elaborate institution-building of Europe to the more modest regional projects of the Americas. It is an opportune moment for this reassessment, as the European regional model faces a sovereign debt crisis while Asian economies see more secure sources of growth from their immediate neighbors. Asia's regional institutions display a distinctive combination of decision rules, commitment devices, and membership practices, shaped by underlying features of the region, the dynamics of regional integration, and the availability of institutional substitutes. Within this context, the authors propose changes that will better sustain the prosperity and peace that have marked Asia in recent decades.
Book Synopsis Project Europe by : Kiran Klaus Patel
Download or read book Project Europe written by Kiran Klaus Patel and published by Cambridge University Press. This book was released on 2020-04-23 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe and European integration -- Peace and security -- Growth and prosperity -- Participation and technocracy -- Values and norms -- Superstate or tool of nations? -- Disintegration and dysfunctionality -- The community and its world.
