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Generalized System Of Preferences Background And Renewal Debate
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Book Synopsis Generalized System of Preferences by : Vivian Jones
Download or read book Generalized System of Preferences written by Vivian Jones and published by CreateSpace. This book was released on 2014-10-31 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Generalized System of Preferences (GSP) program provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDCs). The United States, the European Union, and other developed countries have implemented similar programs since the 1970s.The U.S. program was first authorized in Title V of the Trade Act of 1974, and is subject to periodic renewal by Congress. The GSP program was most recently extended until July 31, 2013, in Section 1 of P.L. 112-40, and has not yet been renewed. Imports under the GSP program in 2013 amounted to about $18.5 billion-about 7% of all imports from GSP countries, and about 1% of total U.S. imports.
Book Synopsis Generalized System of Preferences: Background and Renewal Debate by :
Download or read book Generalized System of Preferences: Background and Renewal Debate written by and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Generalized System of Preferences (GSP) provides duty-free tariff treatment to certain products imported from designated developing countries. The United States, the European Union, and other developed countries implemented such programs in the 1970s in order to promote economic growth in developing countries by stimulating their exports. The U.S. program (as established by Title V of the Trade Act of 1974) was extended until December 31, 2008, in section 8002 of P.L. 109-432 for all GSP beneficiary countries not covered by the African Growth and Opportunity Acceleration Act of 2004 (P.L.108-274, extended GSP benefits for AGOA beneficiary countries through September 30, 2015). On February 7, 2008, House Ways and Means Chairman Rangel introduced H.R. 5264, a bill seeking to further extend the Generalized System of Preferences and other trade preference programs, such as the Andean Trade Preference Act (ATPA), until September 30, 2010. As passed by the House on February 27 and the Senate on February 28, the law extends only the ATPA for an additional ten months, until December 31, 2008 (P.L. 110-191). Therefore, the GSP and ATPA will expire at the end of 2008, unless renewed by Congress.
Book Synopsis Generalized System of Preferences by : Congressional Research Service
Download or read book Generalized System of Preferences written by Congressional Research Service and published by CreateSpace. This book was released on 2015-01-08 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Generalized System of Preferences (GSP) program provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDCs). The United States, the European Union, and other developed countries have implemented similar programs since the 1970s. The U.S. program was first authorized in Title V of the Trade Act of 1974, and is subject to periodic renewal by Congress. The GSP program was most recently extended until July 31, 2013, in Section 1 of P.L. 112-40, and has not been renewed. Imports under the GSP program in 2012 (last full year of GSP implementation) amounted to about $19.9 billion—about 6% of all imports from GSP countries, and about 1% of total U.S. imports. The expiration of GSP means that renewal of the program may continue to be a legislative issue in the 114th Congress. In recent years, GSP renewal has been somewhat controversial. In the 113th Congress, controversy arose over the funding provisions in Senate bill S. 1331 seeking to renew GSP. Other GSP legislation introduced in the 113th Congress included H.R. 2709, H.R. 2139, and H.R. 1682. The GSP program is one of several U.S. trade preference programs through which the United States seeks to help developing countries expand their economies. Other U.S. trade preference programs are regionally focused, and include the African Growth and Opportunity Act (AGOA), the Andean Trade Preference Act (ATPA, also expired in 2013), and the Caribbean Basin Initiative (CBI). The GSP program provides duty-free entry for over 3,500 products (based on 8-digit U.S. Harmonized Tariff Schedule tariff lines) from 122 BDCs, and duty-free status to an additional 1,500 products from 43 GSP beneficiaries that are additionally designated as least-developed beneficiary developing countries (LDBDCs). U.S. implementation of GSP requires that developing countries meet certain criteria to be eligible for the program. For example, countries must not have seized ownership or control of the assets of U.S. citizens or have harmed U.S. investors in other specified ways. Eligible countries must also be taking steps to maintain internationally recognized worker rights among other things. GSP rules of origin require that at least 35% of the appraised value of the product be the “growth, product, or manufacture” of the BDC. Third, the GSP program includes certain curbs on product eligibility intended to shield U.S. manufacturers and workers from potential adverse impact due to the duty-free treatment. These include specific exclusion of certain “import sensitive” products (e.g., textiles and apparel), and limits on the quantity or value of any one product imported from any one country under the program (products from least-developed beneficiaries are not subject to this restriction). Fourth, GSP country and product eligibility are subject to annual review. This report presents, first, recent developments and a brief history, economic rationale, and legal background leading to the establishment of the GSP. Second, the report presents a discussion of U.S. implementation of the GSP. Third, the report presents an analysis of the U.S. program's effectiveness and the positions of various stakeholders. Fourth, implications of the expiration of the U.S. program and possible options for Congress are discussed.
Book Synopsis Generalized System of Preferences (GSP) by : Vivian C. Jones
Download or read book Generalized System of Preferences (GSP) written by Vivian C. Jones and published by . This book was released on 2012-02-04 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The GSP program provides non-reciprocal, duty-free tariff treatment to certain products imported from designated beneficiary developing countries (BDCs), The U.S., the EU, and other developed countries have implemented similar programs in order to promote economic growth in developing countries by stimulating their exports. This report presents: (1) a brief history, economic rationale, and legal background leading to the establishment of the GSP; (2) a discussion of the implementation of the GSP by the U.S., along with the debate surrounding its renewal; (3) an analysis of the U.S. program's effectiveness and the positions of various stakeholders; and (4) implications of the expiration of the U.S. program. This is a print on demand report.
Author :United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade Publisher : ISBN 13 : Total Pages :192 pages Book Rating :4.:/5 (327 download)
Book Synopsis Possible Renewal of the Generalized System of Preferences by : United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade
Download or read book Possible Renewal of the Generalized System of Preferences written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade and published by . This book was released on 1984 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Renewal of the Generalized System of Preferences by : American Enterprise Institute for Public Policy Research
Download or read book Renewal of the Generalized System of Preferences written by American Enterprise Institute for Public Policy Research and published by . This book was released on 1984 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade Preferences: Economic Issues and Policy Options by :
Download or read book Trade Preferences: Economic Issues and Policy Options written by and published by DIANE Publishing. This book was released on 2013 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Made in Bangladesh, Cambodia, and Sri Lanka: The Labor Behind the Global Garments and Textiles Industries by : Sanchita Banerjee Saxena
Download or read book Made in Bangladesh, Cambodia, and Sri Lanka: The Labor Behind the Global Garments and Textiles Industries written by Sanchita Banerjee Saxena and published by Cambria Press. This book was released on 2014-06-26 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The general perception of the garment and textile industry in the global South is fueled only by images of dismal labor conditions and unsuitable factories, descriptions of labor clashes with police, and analyses of low wages and exploitative multinational corporations. This book presents an insightful perspective on the garment and textiles industries in Asia by highlighting that an industry fraught with competing concerns can, in fact, collaborate and work together when it is in the interest of both the state and interest groups to do so. This comparative study recognizes the role of both the state and interest groups in the policy making process and argues that they are interlinked and require one another for sustainable reforms. Employing original, in-depth research in three different countries, the study skillfully delves down deep beyond the macro statistics and commonly held images to cast light on some of the significant policy and attitudinal shifts that have occurred in this industry. It demonstrates that even though the struggle continues, it is important to recognize the improvements thus far and to work towards positive change. This book also takes a much larger historical view of the sector, arguing that manipulation of the trading regime has created and continues to create both incentives and disincentives for the various stakeholders involved in this industry. This book is is essential for students and researchers in policy studies, labor studies, South and Southeast Asian studies, international trade, and political science, as well as those engaged in program design and evaluation of projects focused on labor rights. This study is also critical for non-governmental organizations with a thematic focus on the garments and textiles industry, labor rights, human rights, and international trade policy, as well as for private sector organizations focused on improving labor conditions around the world. More information at http://www.cambriapress.com/books/9781604978780.cfm
Book Synopsis International Trade by : Loren Yager
Download or read book International Trade written by Loren Yager and published by DIANE Publishing. This book was released on 2008-09-01 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. trade preference programs promote economic development in poorer nations by providing export opportunities. The Generalized System of Preferences, Caribbean Basin Initiative, Andean Trade Preference Act, and African Growth and Opportunity Act unilaterally reduce U.S. tariffs for many products from over 130 countries. However, 3 of these programs expire partially or in full in 2008, and Congress is exploring options as it considers renewal. This report reviews the programs¿ effects on the U.S. and on foreign beneficiaries¿ exports and development, identifies policy trade-offs concerning these programs, and evaluates the overall U.S. approach to preference programs. Includes recommendations. Charts and tables.
Book Synopsis Global Governance through Trade by : Jan Wouters
Download or read book Global Governance through Trade written by Jan Wouters and published by Edward Elgar Publishing. This book was released on 2015-11-27 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: A 'new generation' of EU trade policies aims to advance public goods - such as promoting sustainable development, protecting human rights and enhancing governance in third states. The pursuit of these objectives raises important questions regarding coherence, effectiveness, legitimacy and extraterritoriality. In Global Governance through Trade leading scholars from different disciplines address these topical questions. The book contains a comprehensive analysis of the concept of governing through trade and investigates how the EU ‘exports’ regulation through conditional market access regulation, bilateral trade agreements and unilateral trade policy. Several case studies complement the general analysis and provide an in-depth assessment of the European Union's new trade policies. This multidisciplinary book will be an enlightening read for a wide-ranging audience encompassing academics, policymakers, policy analysts and students of, amongst others, trade law and policy, global governance, sustainable development, human rights and labor standards.
Book Synopsis U.S. International Economic Strategy in a Turbulent World by : Howard J. Shatz
Download or read book U.S. International Economic Strategy in a Turbulent World written by Howard J. Shatz and published by Rand Corporation. This book was released on 2016-06-21 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of U.S. international economic policy is to contribute to national economic growth and prosperity. This report presents the strategic choices America faces regarding the international economy over the term of the next U.S. administration.
Book Synopsis U.S. Trade and Investment Relationship with Sub-Saharan Africa: The African Growth and Opportunity Act by : Ian F. Fergusson
Download or read book U.S. Trade and Investment Relationship with Sub-Saharan Africa: The African Growth and Opportunity Act written by Ian F. Fergusson and published by DIANE Publishing. This book was released on 2003 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public Sector Performance, Corruption and State Capture in a Globalized World by : Susan Rose-Ackerman
Download or read book Public Sector Performance, Corruption and State Capture in a Globalized World written by Susan Rose-Ackerman and published by Taylor & Francis. This book was released on 2024-06-14 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection examines the difficult task of reforming governments worldwide to meet citizens’ needs and aspirations. It advances constructive efforts to enhance public accountability while recognizing the complex ways in which corruption, greed, and state capture undermine the legitimacy and performance of government. The contributors are political scientists, lawyers, and economists who bring a cross-disciplinary approach to their chosen subjects. The first group of chapters deals with public sector performance, development, and public participation. Complementary pieces by a practitioner and a scholar confront the challenges of achieving reform in countries with difficult political environments and extensive poverty and inequality. The second group emphasizes the way corruption and state capture limit the accountability and effectiveness of governments in both developing and wealthy countries. The contributions consider the institutional roots of dysfunctional government and their links to the private sector. Taken together, the volume surveys a wide range of topics with theoretical arguments and empirical findings that provide insights into real-world problems and policymaking dilemmas. Inspired by Susan Rose-Ackerman’s fifty-year exploration of public policymaking, public law, and corruption, the collection will be an invaluable resource for researchers, academics and policy makers working in the areas of Public Law, Anticorruption, and Political-Economy.
Book Synopsis Future of U.S. Trade Policy: An Analysis of Issues and Options for the 111th Congress by : William H. Cooper
Download or read book Future of U.S. Trade Policy: An Analysis of Issues and Options for the 111th Congress written by William H. Cooper and published by DIANE Publishing. This book was released on 2010 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides analysis of U.S. trade policy including factors that make up the current economic and political climate, grade issues, the depate over U.S. trade policy. It concludes with an examination of some of the options available to Congress and the pros and cons of each.
Download or read book Trade Law written by Emily C. Barbour and published by DIANE Publishing. This book was released on 2010 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. trade obligations derive from international trade agreements, including the General Agreement on Tariffs and Trade (GATT), the other World Trade Organization (WTO) agreements, and additional bilateral and regional trade agreements, as well as domestic laws intended to implement those agreements or effectuate U.S. trade policy goals. This report provides an overview of both sources of U.S. trade obligations, focusing on a select group of agreements, provisions, and statutes that are most commonly implicated by U.S. trade interests and policy. This report is not intended as a comprehensive review of trade law. It is an introductory overview of the legal framework governing trade-related measures.
Book Synopsis The International Defense of Workers by : Kevin J. Middlebrook
Download or read book The International Defense of Workers written by Kevin J. Middlebrook and published by Columbia University Press. This book was released on 2024-04-23 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade agreements have often been criticized for limited attention to the rights of workers. The North American Agreement on Labor Cooperation (NAALC), a side agreement to the North American Free Trade Agreement (NAFTA), stands out for linking labor rights provisions to a U.S. trade agreement. Kevin J. Middlebrook provides a comprehensive and systematic examination of the NAALC, assessing its efficacy in protecting workers’ rights over the entire period it was in effect and demonstrating its broader significance for the role of trade and labor standards in U.S. foreign policy. Placing the NAALC in comparative context, Middlebrook considers various ways of promoting workers’ rights and how other U.S. international trade agreements have influenced labor rights abroad. He investigates the origins of the agreement; the political controversies among Canada, Mexico, and the United States over its scope; how the agreement operated in practice; and its longer-term policy legacies. Middlebrook emphasizes the tension between state sovereignty and the international promotion of labor rights in the negotiation and implementation of trade agreements, as well as how labor movements in one partner country can galvanize action in others. Drawing on interviews with high-level officials involved in the trade negotiations and previously unexamined primary sources, The International Defense of Workers is a groundbreaking analysis of the effects of U.S. trade agreements on labor rights.
Book Synopsis International Trade and Finance by : Raymond J. Ahearn
Download or read book International Trade and Finance written by Raymond J. Ahearn and published by DIANE Publishing. This book was released on 2011-04 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: (1) Introduction; (2) The Role of Congress in International Trade and Finance; (3) Policy Issues for Congress: Trade Agreements and Negotiations: U.S.-South Korea Free Trade Agreement; U.S.-Colombia Free Trade Agreement; U.S.-Panama Free Trade Agreement; The WTO and WTO Doha Round; Trans-Pacific Partnership; China; Export Promotion and Financing; Export Controls and Sanctions; Import Policies: Trade Remedies; Trade Preferences; Border Security and Trade Facilitation; "Buy American"; Miscellaneous Tariff Bill; NAFTA Trucking; Trade Adjustment Assistance; International Financial Institutions; (4) Outlook. This is a print on demand edition of an important, hard-to-find publication.
