Download or read book The New Protectionist Wave written by Enrico Sassoond and published by Springer. This book was released on 2016-07-27 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book reviews protectionist practices in the United States, the European Community and Japan. It assesses their causes and effects. In coverage, depth of analysis and vantage point this is a unique study of the new protectionist trends that began in the 1970s and continued into the 1980s. Multilateralism in trade relations is now seriously threatened by the deviant behaviour of the industrial nations, the would-be pillars of the world trading system set up after World War II. The new protectionism exerts strong pressures on the weaker components of the trading system: the developing nations. Born as an intra developed countries' affair, the new protectionism has in fact shifted its focus on developing countries, threatening the newly found outward orientation of many and making more difficult for all to retain the benefits of export trade.
Download or read book The Collapse of Global Trade Murky Protectionism and the Crisis written by Richard E. Baldwin and published by . This book was released on 2011-03 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis of 2008/9 is the Great Depression of the 21st century. For many though, the similarities stop at the Wall Street Crash as the current generation of policymakers have acted quickly to avoid the mistakes of the past. Yet the global crisis has made room for mistakes all of its own. While governments have apparently kept to their word on refraining from protectionist measures in the style of 1930s tariffs, there has been a disturbing rise in "murky protectionism." Seemingly benign, these crisis-linked policies are twisted to favour domestic firms, workers and investors. This book, first published as an eBook on VoxEU.org in March 2009, brings together leading trade policy practitioners and experts - including Australian Trade Minister Simon Crean and former Mexican President Ernesto Zedillo. Initially its aim was to advise policymakers heading in to the G20 meeting in London, but since the threat of murky protectionism persists, so too do their warnings.
Download or read book Local Content Requirements written by Gary Clyde Hufbauer and published by Columbia University Press. This book was released on 2013-10-05 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the Great Recession of 2008–09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great Depression of the 1930s. To some surprise, officials were more restrained and largely avoided traditional forms of protection (tariffs and quotas). As a result, economists underestimated the incidence of new protectionism because policymakers increasingly turned to more opaque behind-the-border nontariff barriers (NTBs). Using a combination of statistical analysis and case studies, the authors show that local content requirements (LCRs), a form of NTB, have become increasingly popular. How much was global trade actually reduced on account of LCRs? A conservative estimate might be $93 billion. Case studies featured cover the healthcare sector in Brazil, wind turbines in Canada, the automobile industry in China, solar cells and modules in India, oil and gas in Nigeria, and "Buy American" restrictions on government procurement.
Download or read book Peddling Protectionism written by Douglas A. Irwin and published by Princeton University Press. This book was released on 2017-10-24 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of America's most infamous tariff The Smoot-Hawley tariff of 1930, which raised U.S. duties on hundreds of imported goods to record levels, is America's most infamous trade law. It is often associated with—and sometimes blamed for—the onset of the Great Depression, the collapse of world trade, and the global spread of protectionism in the 1930s. Even today, the ghosts of congressmen Reed Smoot and Willis Hawley haunt anyone arguing for higher trade barriers; almost single-handedly, they made protectionism an insult rather than a compliment. In Peddling Protectionism, Douglas Irwin provides the first comprehensive history of the causes and effects of this notorious measure, explaining why it largely deserves its reputation for combining bad politics and bad economics and harming the U.S. and world economies during the Depression. In four brief, clear chapters, Irwin presents an authoritative account of the politics behind Smoot-Hawley, its economic consequences, the foreign reaction it provoked, and its aftermath and legacy. Starting as a Republican ploy to win the farm vote in the 1928 election by increasing duties on agricultural imports, the tariff quickly grew into a logrolling, pork barrel free-for-all in which duties were increased all around, regardless of the interests of consumers and exporters. After Herbert Hoover signed the bill, U.S. imports fell sharply and other countries retaliated by increasing tariffs on American goods, leading U.S. exports to shrivel as well. While Smoot-Hawley was hardly responsible for the Great Depression, Irwin argues, it contributed to a decline in world trade and provoked discrimination against U.S. exports that lasted decades. Peddling Protectionism tells a fascinating story filled with valuable lessons for trade policy today.
Download or read book Global Commodity Chains and Labor Relations written by and published by BRILL. This book was released on 2021-01-18 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume provides a collection of historical and contemporary commodity chain studies placing labor at the centre of their analysis. It represents an important contribution to commodity chain research, but also to the fields of social-economic and global labour history.
Download or read book The Future of the International Labour Organization in the Global Economy written by Francis Maupain and published by Bloomsbury Publishing. This book was released on 2013-10-23 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Labour Organization was created in 1919, as part of the Treaty of Versailles that ended the First World War, to reflect the belief that universal and lasting peace can be accomplished only if it is based on social justice. As the oldest organisation in the UN system, approaching its 100th anniversary in 2019, the ILO faces unprecedented strains and challenges. Since before the financial crisis, the global economy has tested the limits of a regulatory regime which was conceived in 1919. The organisation's founders only entrusted it with balancing social progress with the constraints of an interconnected open economy, but gambled almost entirely on tools of persuasion to ensure that this would happen. Whether that gamble is still capable of paying-off is the subject of this book, by a former ILO insider with an unrivalled knowledge of its work. The book forms part of a broader inquiry into the relevance of founding institutional principles to today's context, and strives to show that the bet made on persuasion may yet pay off. In part, the text argues that there may be little alternative anyway, showing that the pathways to more binding solutions are fraught with difficulty. It also shows the ILO's considerable future potential for promoting effective, universal regulations by extending its tools of persuasion in as yet insufficiently explored directions. Starting with an examination of how the organisation's institutional context differs from 93 years ago, the author goes on to evaluate the prospects of numerous proposals put forward today, including the trade/labour linkage, but going beyond this. As a case study in how strategic choices can be made under legal, social and institutional constraints, the book should be valuable not only to those with an interest in the ILO, but to anyone who studies international organisation, labour law, law and society or political economy.
Download or read book American Trade Politics and the Triumph of Globalism written by Orin Kirshner and published by Routledge. This book was released on 2014-05-09 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: A deep and unresolved tension exists within American trade politics between the nation’s promotion of an open world trading system and the operations of its democratic domestic political regime. Whereas most scholarly attention has focused on how domestic politics has interfered with the United States’ global economic leadership, Orin Kirshner offers here an analysis of the ways in which U.S. leadership in the arena of global trade has affected American democracy and the domestic political regime. By participating in multilateral trade agreements, the U.S. Congress has transferred its trade policymaking authority to the president and, through international trade negotiations, from the American state to the GATT/WTO regime. This reorganization of policymaking authority has resulted in the "triumph of globalism," and fundamentally alters the citizen-state relationship assumed in democratic theory. Kirshner illustrates this process through four case studies: The Reciprocal Trade Agreements Act of 1945, The Trade Expansion Act of 1962, The Trade Act of 1974, The Omnibus Trade and Competitiveness Act of 1988, and further examines the impact of the Uruguay Round Agreements Act of 1994 on the political and institutional structure of American trade politics up to the current period. American Trade Politics and the Triumph of Globalism makes a significant contribution to the study of both international trade and domestic American politics. This is essential reading for students and scholars of trade policy, international political economy, American politics, and democratic theory.
Download or read book Winning the Battle to Lose the War written by Maria-Ines Bastos and published by Routledge. This book was released on 2005-10-25 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: A US/Brazil trade conflict on the Brazilian protectionist electronics policy developed during 198589. In that period and under the threat of trade sanctions, a few changes were made in the Brazilian policy. Major consequences of the conflict were felt after its conclusion. It was one important political factor among the forces that pushed for the opening of the Brazilian electronics market in the early 1990s.
Download or read book European Union Trade Politics and Development written by Gerrit Faber and published by Routledge. This book was released on 2007-05-07 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ‘Everything But Arms’ (EBA) regulation of the European Union (EU) has been hailed as a groundbreaking initiative for developing countries. Since 2001 EBA grants almost completely liberalized access to the European market for products from the least-developed countries (LDCs). It quickly became the most symbolic European trade initiative towards the Third World since the first Lomé Convention in the 1970s. Given its central position in EU discourse and its continuing relevance for the European and international trade agenda, this book attempts to present a thorough analysis of EBA. ‘European Union Trade Politics and Development’ contains contributions from a diverse range of scholars who collectively present a comprehensive picture of EBA. This volume also contains a broader analysis of EU trade politics towards the South, focusing on agricultural policy reform, Europe’s evolving relationship with ACP countries (ex-colonies from Africa, the Caribbean and the Pacific), it links EBA with Europe’s negotiating position within the World Trade Organization. Contributions to this volume also consider the continuing negotiation leverage of EBA within the Doha Development Agenda, make comparisons with United States trade policy vis-à-vis the LDCs, and focus on the economic effectiveness of EBA in terms of its stated objectives as well as on the institutional skirmishing within the EU.
Download or read book International Political Economy And Globalization 2nd Edition written by Javed Maswood and published by World Scientific Publishing Company. This book was released on 2008-09-26 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of International Political Economy and Globalization is completely revised and updated to include new material on trade, monetary, and environmental issues. It provides a comprehensive treatment of major developments in the global economy and is suitable for adoption as a primer in undergraduate courses in international political economy. The author takes a stand that is supportive of globalization in principle, while acknowledging that there are many areas of inequity that disadvantage developing countries. This is explored in chapters that deal with trade, debt crises, and the environment. Students will find that the material is presented in a readable format that does not presuppose prior familiarity with economics.
Download or read book International Political Economy and Globalization written by Syed Javed Maswood and published by World Scientific. This book was released on 2008 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of International Political Economy and Globalization is completely revised and updated to include new material on trade, monetary, and environmental issues. It provides a comprehensive treatment of major developments in the global economy and is suitable for adoption as a primer in undergraduate courses in international political economy. The author takes a stand that is supportive of globalization in principle, while acknowledging that there are many areas of inequity that disadvantage developing countries. This is explored in chapters that deal with trade, debt crises, and the environment. Students will find that the material is presented in a readable format that does not presuppose prior familiarity with economics.
Download or read book World Trade after the Uruguay Round written by Andras Inotai and published by Routledge. This book was released on 2002-01-31 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The completion of the Uruguay round promised a new era in international trading relations. However, there remains a wide range of issues which could threaten international trading stability, including regionalisation and regionalism, increased non-tariff forms of protection and the proliferation of unilateral and bilateral trade deals. This work assesses both the immediate impact of the GATT deal and the future of the world trading system. It concludes with an assessment of the long-term possibilities for creating a mutually beneficial world economic system.
Download or read book Multilateralism and Regionalism after the Uruguay Round written by Riccardo Faini and published by Springer. This book was released on 1997-07-13 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book deals with both the short and the long-run effects of the Uruguay Round: the reduction in the obstacles to trade, the enlargement of the multilateral system, the new institutional framework and the balance between regionalism and multilateralism in world trade relations. Its conclusions are based on theory, political economy and empirical analysis.
Download or read book Revisiting Globalization and the Rise of Global Production Networks written by S. Javed Maswood and published by Springer. This book was released on 2017-07-24 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes issue with the likening of contemporary globalization to nineteenth century trade interdependence, in which the defining feature of contemporary globalization is the spread of global production networks, which were notably absent in the past. Maswood demonstrates that the emergence of global production networks (GPNs) was not a result of economic and trade liberalization, but instead due to neo-protectionist developments in the 1980s that acted as a catalyst to transform Japan’s nationally based production networks into the now ubiquitous GPNs. Through this case study of Japan, the author lays out a case for reconsidering the origins of globalization, and explores some of the consequences that are likely to flow from progressive evolutionary transition towards a global economy.
Download or read book The Routledge Handbook on Karl Polanyi written by Michele Cangiani and published by Taylor & Francis. This book was released on 2024-02-05 with total page 595 pages. Available in PDF, EPUB and Kindle. Book excerpt: Karl Polanyi is one of the most influential social scientists of our era. A report of the United Nations Conference on Trade and Development (UNCTAD) begins by noting that we are in a "Polanyi era": a time of dangerously unregulated markets, where the greatest need for decisive political action is matched by the least trust in politics. This handbook provides a comprehensive of recent research on Polanyi’s work and ideas, including the central place occupied by his thinking on the relationship between economics and politics. The stellar line-up of contributors to this book explore Polanyi’s work reflecting the intrinsic interdisciplinarity of Polanyi’s approach to understanding our society, its place in history, its fundamental dynamics, and its contradictions, as well as the methodological issues he raises. The handbook broadly follows a chronological structure beginning with influences on Polanyi, his formative experiences and early works. A significant section is dedicated to Polanyi’s seminal work, The Great Transformation, and its impact. Further sections also look at Polanyi’s wider influence, on various disciplines and methodological debates, and his ongoing relevance for present-day issues including debates on populism, neoliberalism and low carbon transitions. This handbook is a vital resource for students and scholars of economics, politics, sociology, and other social sciences.
Download or read book Norfolk and Western Magazine written by Norfolk and Western Railway Company and published by . This book was released on 1957 with total page 858 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Introduction to International Economics written by Henk Jager and published by Bloomsbury Publishing. This book was released on 2017-09-15 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of Introduction to International Economics is a non-technical introduction to international economics that builds on the strengths of the first edition. It analyses in a practical way how the internationalization of economic activities influences companies, investors and consumers, as well as foreign and domestic markets. While the book is policy-oriented, the adequate historical and theoretical context is provided. All concepts are discussed in a non-mathematical way and graphic analysis is used to clarify explanations, which makes it ideal for business and MBA students. International economics is attracting ever more attention due to the recent worldwide economic crisis, and this book gives a truly global perspective by discussing real-world examples and case studies from different sectors, including from the Americas, Europe and Asia. New features in this edition include the following: - Updated empirical material - The chapter on balance of payments, the foreign exchange market and their relationship has been completely rewritten - Expanded material on developments in the European monetary integration process - More focus on issues in emerging economies, such as the practice and lessons of currency boards, dollarization, and the occurrence of currency crises