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

Download or read book China s Growing Role in World Trade written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2010-03-10 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

Download or read book The China Weekly Review written by and published by . This book was released on 1924 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Millard s Review of the Far East written by and published by . This book was released on 1923 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vol. 34 includes "Special tariff conference issue" Nov. 6, 1925.

Download or read book Tariff Passthrough at the Border and at the Store Evidence from US Trade Policy written by Alberto Cavallo and published by International Monetary Fund. This book was released on 2019-11-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: We use micro data collected at the border and at retailers to characterize the effects brought by recent changes in US trade policy - particularly the tariffs placed on imports from China - on importers, consumers, and exporters. We start by documenting that the tariffs were almost fully passed through to total prices paid by importers, suggesting the tariffs' incidence has fallen largely on the United States. Since we estimate the response of prices to exchange rates to be far more muted, the recent depreciation of the Chinese renminbi is unlikely to alter this conclusion. Next, using product-level data from several large multi-national retailers, we demonstrate that the impact of the tariffs on retail prices is more mixed. Some affected product categories have seen sharp price increases, but the difference between affected and unaffected products is generally quite modest, suggesting that retail margins have fallen. These retailers' imports increased after the initial announcement of possible tariffs, but before their full implementation, so the intermediate passthrough of tariffs to their prices may not persist. Finally, in contrast to the case of foreign exporters facing US tariffs, we show that US exporters lowered their prices on goods subjected to foreign retaliatory tariffs compared to exports of non-targeted goods.

Download or read book China s War on Smuggling written by Philip Thai and published by Columbia University Press. This book was released on 2018-06-12 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smuggling along the Chinese coast has been a thorn in the side of many regimes. From opium and weapons concealed aboard foreign steamships in the Qing dynasty to nylon stockings and wristwatches trafficked in the People’s Republic, contests between state and smuggler have exerted a surprising but crucial influence on the political economy of modern China. Seeking to consolidate domestic authority and confront foreign challenges, states introduced tighter regulations, higher taxes, and harsher enforcement. These interventions sparked widespread defiance, triggering further coercive measures. Smuggling simultaneously threatened the state’s power while inviting repression that strengthened its authority. Philip Thai chronicles the vicissitudes of smuggling in modern China—its practice, suppression, and significance—to demonstrate the intimate link between illicit coastal trade and the amplification of state power. China’s War on Smuggling shows that the fight against smuggling was not a simple law enforcement problem but rather an impetus to centralize authority and expand economic controls. The smuggling epidemic gave Chinese states pretext to define legal and illegal behavior, and the resulting constraints on consumption and movement remade everyday life for individuals, merchants, and communities. Drawing from varied sources such as legal cases, customs records, and popular press reports and including diverse perspectives from political leaders, frontline enforcers, organized traffickers, and petty runners, Thai uncovers how different regimes policed maritime trade and the unintended consequences their campaigns unleashed. China’s War on Smuggling traces how defiance and repression redefined state power, offering new insights into modern Chinese social, legal, and economic history.

Download or read book China Trade and Power Why the West s Economic Engagement Has Failed written by Stewart Paterson and published by London Publishing Partnership. This book was released on 2018-10-18 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a Western point of view, the policy of economic engagement with China has failed. A rapid rise in living standards in China has helped legitimize and strengthen the Chinese Communist Party’s power. How did Western, market-orientated, property-owning, liberal democracies go from being in a position of complete global hegemony in the early 1990s to the current crisis of confidence and loss of moral foundation? This book tells the story of the most successful trading nation of the early twenty-first century. It looks at how the Communist Party of China has retained and cemented its monopoly on political power since China’s accession to the World Trade Organization in December 2001. It is the most extraordinary economic success story of our time and it has reshaped the geopolitics not just of Asia but of the world. As China has come to dominate global manufacturing, its economic power has been translated into political power, and the West now has a global rival that is politically antithetical to liberal values. The supply-side deflation from allowing 750 million low-cost workers into the global trading system combined with the policy of inflation targeting by Western central banks has led to falling real incomes for many in the West and rising asset prices that have benefited the few. Worse still, China’s mercantilist model is now held up as a viable economic alternative. To have a fighting chance of protecting the freedoms of liberal democracies, it is of the utmost importance that we understand how the policy of indulgent engagement with China has affected Western society in recent years. Only then can the global trading system be reoriented for the mutual benefit of all nations.

Download or read book The Nineteenth Century and After written by and published by . This book was released on 1924 with total page 932 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Current History written by and published by . This book was released on 1927 with total page 1002 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Affairs of China written by Eric Teichman and published by Routledge. This book was released on 2016-04-06 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1938, this book aims to be a ‘true and objective’ account of China’s recent history and its present circumstances at the time, drawing on the author’s thirty years of experience as a member of the British consular service in China. The recurrent themes of the period are examined: the efforts of the Chinese leadership to build a new China out of the ruins of the old, their efforts to claim a place of equality among the nations of the world, and the development of the conflict between a resurgent China and the ambitions of Japan. Some of the issues studied were in the process of change and others definitely closed by war — nearly all were affected to some degree.

Download or read book Breaking with the Past written by Hans van de Ven and published by Columbia University Press. This book was released on 2014-02-11 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between its founding in 1854 and its collapse in 1952, the Chinese Maritime Customs Service delivered one-third to one-half of all revenue collected by China's central authorities. Much more than a tax collector, the institution managed China's harbors, erected lighthouses, and surveyed the Chinese coast. It funded and oversaw the Translator's College, which trained Chinese diplomats while its staff translated Chinese classics, novels, and poetry and wrote important studies on the Chinese economy, its financial system, its trade, its history, and its government. It organized contributions to international exhibitions, developed its own shadow diplomacy, pioneered China's modern postal system, and even maintained its own armed force. After the 1911 Revolution, the agency became deeply involved in the management of China's international loans and domestic bond issues. In other words, the Customs Service was pivotal to China's post-Taiping integration into the world of modern nation-states and twentieth-century trade and finance. If the Customs Service introduced the modern governance of trade to China, it also made Chinese legible to foreign audiences. Following the activities of the Inspectors General, who were virtual autocrats within the service and communicated regularly with senior Chinese officials and foreign diplomats, this history tracks the Customs Service as it transformed China and its relationship to the world. The Customs Service often kept China together when little else did. This book reveals the role of the agency in influencing the outcomes of the Sino-French War, the Boxer Rebellion, and the 1911 Revolution, as well as the rise of the Nationalists in the 1920s, and concludes with the Customs Service purges of the early 1950s, when the relentless logic of revolution dismantled the agency for good.

Download or read book Nineteenth Century written by and published by . This book was released on 1924 with total page 932 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Proceedings of the United States Naval Institute written by United States Naval Institute and published by . This book was released on 1924 with total page 1090 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monthly Record written by Manchester (England). Chamber of Commerce and published by . This book was released on 1927 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Japan in the World written by Klaus Schlichtmann and published by Lexington Books. This book was released on 2009-04-16 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twentieth century is as remarkable for its world wars as it is for its efforts to outlaw war in international and constitutional law and politics. Japan in the World examines some of these efforts through the life and work of Shidehara Kijuro, who was active as diplomat and statesman between 1896 until his death in 1951. Shidehara is seen as a guiding thread running through the first five decades of the twentieth century. Through the 1920s until the beginning of the 1930s, his foreign policy shaped Japan's place within the community of nations. The positive role Japan played in international relations and the high esteem in which it was held at that time goes largely to his credit. As Prime Minister and 'man of the hour' after the Second World War, he had a hand in shaping the new beginning for post-war Japan, instituting policies that would start his country on a path to peace and prosperity. Accessing previously unpublished archival materials, Schlichtmann examines the work of this pacifist statesman, situating Shidehara within the context of twentieth century statecraft and international politics. While it was an age of devastating total wars that took a vast toll of civilian lives, the politics and diplomatic history between 1899 and 1949 also saw the light of new developments in international and constitutional law to curtail state sovereignty and reach a peaceful order of international affairs. Japan in the World is an essential resource for understanding that nation's contributions to these world-changing developments.

Download or read book Papers Relating to the Foreign Relations of the United States written by United States. Department of State and published by . This book was released on 1938 with total page 1202 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book V K Wellington Koo and the Emergence of Modern China written by Stephen G. Craft and published by University Press of Kentucky. This book was released on 2021-09-15 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese diplomat V.K. Wellington Koo (1888-1985) was involved in virtually every foreign and domestic crisis in twentieth-century China. After earning a Ph.D. from Columbia University, Koo entered government service in 1912 intent on revising the unequal treaty system imposed on China in the nineteenth century, believing that breaking the shackles of imperialism would bring China into the "family of nations." His pursuit of this nationalistic agenda was immediately interrupted by Chinese civil war and Japanese imperialism during World War I. In the 1930s Koo attempted to use international law to force western powers to honor their treaty obligations to punish Japanese expansion. Koo also participated in creating the League of Nations and later the United Nations in the hope that collective security would become reality.