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The Great Free Trade Myth
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Book Synopsis The Great Free Trade Myth by : Michael Reilly
Download or read book The Great Free Trade Myth written by Michael Reilly and published by Springer Nature. This book was released on 2020-10-30 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is based on the author’s experience as a British diplomat and scholar working in East Asia for much of the period since 1980. It seeks to challenge widely held views in Britain about the nature of our relations with countries in East Asia, especially in respect of trade. It does so by looking at case studies, or specific incidents in diplomatic relations, not academic theory, using examples that have hitherto received little or no attention. While it is aimed at general readers who may have an interest in the broad subject, it should also be of great value to academics and scholars.
Book Synopsis Myths of Free Trade by : Sherrod Brown
Download or read book Myths of Free Trade written by Sherrod Brown and published by . This book was released on 2006 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: "U.S. Representative Sherrod Brown - a leading progressive voice in Congress - takes apart free-trade dogma, myth by myth." "Ten years after NAFTA, free-trade policies have not brought prosperity to Mexican workers, and more than one million American jobs have been lost as a result of the agreement. Do free-trade pacts foster democracy? Brown examines the facts. Are fast-track agreements necessary to fight the war on terrorism? Brown dissects the arguments and the evidence."--BOOK JACKET.
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.
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.
Download or read book Free Trade written by Graham Dunkley and published by Zed Books Ltd.. This book was released on 2013-04-04 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book Australian economist, Graham Dunkley, explains and critiques the crucial concept of free trade. A policy of free trade is central to today's world-dominating globalization project. The more euphoric globalists uncritically assume that it has universal and unequivocal benefits for all people and countries. And the perpetual negotiations of the World Trade Organization are wholly based on this presumption. Graham Dunkley shows, however, that leading economists have always been more sceptical about free trade doctrine than the dogmatic globalizers realize. There are more holes in free trade theory than its advocates grasp. And the benefits of free trade in practice are more limited and contingent than they acknowledge. He also argues that the World Bank's long-time push for export-led development is misguided. A more democratic world trading order is necessary and possible. And more interventionist, self-reliant trade policies are feasible, especially if a more holistic view of economic development goals is adopted.
Book Synopsis Economics and World History by : Paul Bairoch
Download or read book Economics and World History written by Paul Bairoch and published by University of Chicago Press. This book was released on 1995-09 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paul Bairoch deflates twenty commonly held myths about economic history. Among these myths are that free trade and population growth have historically led to periods of economic growth, and that colonial powers in the nineteenth and early twentieth centuries became rich through the exploitation of the Third World. Bairoch shows that these beliefs are based on insufficient knowledge and wrong interpretations of the history of economies of the United States, Europe, and the Third World, and he re-examines the facts to set the record straight. Bairoch argues that until the early 1960s, the history of international trade of the developed countries was almost entirely one of protectionism rather than a "Golden Era" of free trade, and he reveals that, in fact, past periods of economic growth in the Western World correlated strongly with protectionist policy. He also demonstrates that developed countries did not exploit the Third World for raw materials during the nineteenth and early twentieth centuries, as some economists and many politicians have held. Among the many other myths that Bairoch debunks are beliefs about whether colonization triggered the Industrial Revolution, the effects of the economic development of the West on the Third World, and beliefs about the 1929 crash and the Great Depression. Bairoch's lucid prose makes the book equally accessible to economists of every stripe, as well as to historians, political scientists, and other social scientists.
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 The Myth of the Free Market by : Mark Anthony Martinez
Download or read book The Myth of the Free Market written by Mark Anthony Martinez and published by Kumarian Press. This book was released on 2009 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: * Explains how the 2008 financial meltdown came about and how to revitalize global and domestic economies * Shows how capitalist economies developed and why the state matters in their functioning Free market purists claim that the state is an inefficient institution that does little for society beyond providing stability and protection. The activities related to distributing resources and economic growth, they say, are better left to the invisible hand of the marketplace. These notions now seem tragically misguided in the wake of the 2008 market collapse and bailout. Mark Martinez describes how the flawed myth of the "invisible hand" distorted our understanding of how modern capitalist markets developed and actually work. Martinez draws from history to illustrate that political processes and the state are not only instrumental in making capitalist markets work but that there would be no capitalist markets or wealth creation without state intervention. He brings his story up to the present day to show how the seeds of an unprecedented government intervention in the financial markets were sown in past actions. The Myth of the Free Market is a fascinating and accessible introduction to comparative economic systems as well as an incisive refutation of the standard mantras of neoclassical free market economic theory.
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 385 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. Given the clear benefits trade openness has brought everywhere, this is a surprising development. The benefits of free trade are especially great for emerging market economies. Free Trade and Prosperity offers 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.
Download or read book Open written by Kimberly Clausing and published by Harvard University Press. This book was released on 2019-03-04 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Financial Times Best Economics Book of the Year A Foreign Affairs Best Book of the Year A Fareed Zakaria GPS Book of the Week “A highly intelligent, fact-based defense of the virtues of an open, competitive economy and society.” —Fareed Zakaria “A vitally important corrective to the current populist moment...Open points the way to a kinder, gentler version of globalization that ensures that the gains are shared by all.” —Justin Wolfers “Clausing’s important book lays out the economics of globalization and, more important, shows how globalization can be made to work for the vast majority of Americans. I hope the next President of the United States takes its lessons on board.” —Lawrence H. Summers, former Secretary of the Treasury “Makes a strong case in favor of foreign trade in goods and services, the cross-border movement of capital, and immigration. This valuable book amounts to a primer on globalization.” —Richard N. Cooper, Foreign Affairs Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. Kimberly Clausing takes on old and new skeptics in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together. At a time when borders are closing and the safety of global supply chains is being thrown into question, she outlines a clear agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy and establish a better partnership between labor and the business community.
Book Synopsis Mad about Trade by : Daniel T. Griswold
Download or read book Mad about Trade written by Daniel T. Griswold and published by Cato Institute. This book was released on 2009 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Politicians and pundits can rage against free trade and globalization, but much of what they convey is myth says the author. He argues that free trade is good for the American family. Among the benefits he discusses are import competition that provides lower prices, greater variety, and better quality, especially for poor and middle class families. Driven in part by trade, most new jobs are well-paying service jobs. Foreign investment here has created well-paying jobs, and investment abroad has given United States companies access to millions of new customers. Trade helped expand the global middle class, reducing poverty and child labor while fueling demand for U.S. products. The author also looks at how the past three decades of an open global economy have created a more prosperous, democratic, and peaceful world.
Book Synopsis Against the Tide by : Douglas A. Irwin
Download or read book Against the Tide written by Douglas A. Irwin and published by Princeton University Press. This book was released on 1998-01-11 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: A delightful as well as educational read. It should be a set text for anyone interested in trade policy - The Economist.
Book Synopsis Myths of the Free Market by : Kenneth S. Friedman
Download or read book Myths of the Free Market written by Kenneth S. Friedman and published by Algora Publishing. This book was released on 2003 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: What happens when the rich get far, far richer? Laissez faire has moved us from democracy to corporatism, replacing integrity and values with a focus on OC filling our bellies.OCO How about humanism, for a change? This comprehensive critique has important pra"
Book Synopsis The Global Village Myth by : Patrick Porter
Download or read book The Global Village Myth written by Patrick Porter and published by Georgetown University Press. This book was released on 2015-01-27 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Porter challenges the powerful ideology of "Globalism" that is widely subscribed to by the US national security community. Globalism entails visions of a perilous shrunken world in which security interests are interconnected almost without limit, exposing even powerful states to instant war. Globalism does not just describe the world, but prescribes expansive strategies to deal with it, portraying a fragile globe that the superpower must continually tame into order. Porter argues that this vision of the world has resulted in the US undertaking too many unnecessary military adventures and dangerous strategic overstretch. Distance and geography should be some of the factors that help the US separate the important from the unimportant in international relations. The US should also recognize that, despite the latest technologies, projecting power over great distances still incurs frictions and costs that set real limits on American power. Reviving an appreciation of distance and geography would lead to a more sensible and sustainable grand strategy.
Download or read book The Choice written by Russell D. Roberts and published by Pearson Education. This book was released on 1994 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revolutionary treatment of the major topics of international trade including comparative advantage, tariff quotas, dumping, industrial policy, managed trade and the welfare effects of trade on a nations economy.
Download or read book Free Trade Rocks! written by Ray Keating and published by . This book was released on 2019-09-13 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tapping into his experiences as an economist, policy analyst, newspaper and online columnist, entrepreneur, and college professor, who taught MBA courses on international business and entrepreneurship, Ray Keating explores and explains in straightforward fashion 10 key points or areas that everyone - from entrepreneurs and executives to students and employees to politicians and taxpayers - needs to understand about how trade works and how free trade generates benefits for people throughout the nation, around the world, and across income levels. The 10 points or areas covered in FREE TRADE ROCKS! are... Point 1: Do People "Get It" on Free Trade? Point 2: Economics 101 on Trade Point 3: Debunking Trade Myths Point 4: Trade and the U.S. Economy Point 5: Trading Partners Point 6: Trade and Small Business Point 7: Ills of Protectionism Point 8: Brief History of Free Trade Deals Point 9: The Morality of Free Trade Point 10: The Future of Trade Keating makes clear that nations don't trade. Instead, businesses and individuals trade, and free trade is simply about expanding the freedom to trade by reducing or eliminating governmental costs and restrictions. As for the best agenda on trade, Keating declares, "Kill tariffs, eliminate quotas, and reduce government rules and regulations that burden consumers, entrepreneurs, businesses and workers, and discover, once again, how much free trade rocks!"
Author :Barrister and Professor of International Commercial Law Ian Fletcher Publisher : ISBN 13 :9780578082615 Total Pages :348 pages Book Rating :4.0/5 (826 download)
Book Synopsis Free Trade Doesn't Work: What Should Replace It and Why, 2011 Edition by : Barrister and Professor of International Commercial Law Ian Fletcher
Download or read book Free Trade Doesn't Work: What Should Replace It and Why, 2011 Edition written by Barrister and Professor of International Commercial Law Ian Fletcher and published by . This book was released on 2011-03-01 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you wondering how Americans can compete with nations like China? Are you wondering how, if they can offshore call centers, computer programming, and accounting, there will be any good jobs left they can't offshore? Are you wondering how America can keep importing and running up debt without going bankrupt? Are you wondering how America can be a powerful nation without an industrial base? Are you wondering why the politicians keep denying all of these problems? Are you wondering whether the economics you learned in school and hear on TV is really valid? Are you wondering who you can trust? This very readable book is aimed at both ordinary concerned citizens and people with a bit of sophistication about economics. It is a systematic examination of why free trade is slowly bleeding America's economy to death and what can be done about it. It explains in detail why the standard economic arguments free traders use all the time are false, and what kind of economic ideas - well within the grasp of the average American - justify protectionism instead. It examines the history and politics of free trade and explains how America came to adopt its present disastrous free trade policy. It looks at the breakdown of specific industries and how we can rebuild them and bring millions of high-paying jobs back to this country. It examines what's wrong with NAFTA, CAFTA, the WTO, and the proposed Trans-Pacific Partnership. It is sharply critical of the current establishment, but from a bipartisan point of view, so it should satisfy progressives, conservatives, and everyone in between. Unlike many past critiques of free trade, it is economically-literate; it also explains New Trade Theory, the hot new area of economics that critiques free trade.
