Download or read book The Trade Weapon written by Ken Heydon and published by John Wiley & Sons. This book was released on 2023-11-08 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prompted by geostrategic rivalry and the war in Ukraine, COVID-19 and the climate transition, trade policy is increasingly being weaponized. This trend towards protectionist capture and retaliation is self-sabotaging and bad for growth. But there is another way. In this hard-hitting book, Ken Heydon offers alternatives to the trade weapon: the need for diplomatic carrots to accompany the sanctions stick; for resilience in supply chains rather than self-sufficiency through ill-advised reshoring and friend-shoring; for multilateral WTO remedies to rule breaking rather than unilateral penalties in the name of national sovereignty; and for direct action on environment and public health goals rather than the blunt tool of trade restriction. But, to restrain the damaging subordination of trade policy to other ends, governments must address the discontents of trade and do better at helping losers, adjusting to technological change and making the case for open markets. At stake are three decades of income gains from globalization and the ability to deal effectively with the climate transition and the next pandemic.

Download or read book Behind the Curve Can Manufacturing Still Provide Inclusive Growth written by Robert Z. Lawrence and published by Peterson Institute for International Economics. This book was released on 2024-08-05 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing jobs, once the backbone of the modern US economy, have declined as a share of GDP over recent decades, darkening opportunities for middle-class advancement. Similar trends have impacted export superpowers like China, Germany, Japan, Singapore, and South Korea. Driven by nostalgia for a bygone era, however, many countries have turned to reshoring and “industrial policies” to revive manufacturing employment. In Behind the Curve: Can Manufacturing Still Provide Inclusive Growth?, Robert Z. Lawrence argues that these efforts are unlikely to succeed. He demonstrates that deeply rooted forces common to all countries—technological change, shifting consumer spending patterns, and trade—account for lagging manufacturing employment and that these trends are unlikely to be reversed. The industrial sector’s historic role as an engine of opportunity and inclusive growth is unsustainable. Government efforts to promote manufacturing to achieve goals such as industrial self-sufficiency, green transitions, and digital technologies, however well intentioned, may even make economic growth less inclusive. Instead, new policies are needed to help people, places, and countries cope with inevitable changes in the composition of employment.

Download or read book The Rebels written by Joshua Green and published by Penguin. This book was released on 2024-01-09 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: “One of the best and most readable overviews of the Democrats’ evolution on economic issues over the past half-century.” — The Wall Street Journal “Fast-paced, sober, yet hopeful . . . Green is a first-rate journalist.” — The Atlantic One of Politico’s 10 books we’re looking forward to in 2024 From the author of the #1 New York Times bestseller Devil’s Bargain comes the revelatory inside story of the uprising within the Democratic Party, of the economic populists led by Elizabeth Warren, Bernie Sanders, and Alexandria Ocasio-Cortez. In his classic book Devil’s Bargain, Joshua Green chronicled how the forces of economic populism on the right, led by the likes of Steve Bannon, turned Donald Trump into their flawed but powerful vessel. In The Rebels, he gives an epic account of the long struggle that has played out in parallel on the left, told through an intimate reckoning with the careers of the three political figures who have led the charge most prominently. Based on remarkable inside sourcing and razor-sharp analysis, The Rebels uses the grand narrative of a political party undergoing tumult and transformation to tell an even larger story about the fate of America. For many years, as Green recounts, the Democrats made their bed with Wall Street and big tech, relying on corporate money for electioneering and embracing the worldview that technological and financial innovation and globalization were a powerful net good, a rising tide lifting all boats. Yes, there were howls of pain, but they were written off by most of the elites as the moaning of sore losers mired in the past. There were always some Democratic politicians representing the old labor base who resisted the new dispensation, but these figures never made it very far on a national level. For one thing, they didn’t have the money. But as income inequality ballooned, widening the gulf between the wealthy elite and everyone else, pressures began to build. With the 2008 crisis, those forces finally erupted into plain sight, turning this book’s protagonists into national icons. At its heart, The Rebels tells the riveting human story of the rise and fight of Elizabeth Warren, Bernie Sanders, and Alexandria Ocasio-Cortez from the financial crisis on, as outrage over the unfairness of the American system formed a flood tide of political revolution. That same tide that would sweep Trump into office was blunted on the left, as the Democratic party found itself riven by culture war issues between its centrists and its progressives. But the winds behind economic populism still howl at gale force. Whether the Democrats can bridge their divisions and home in on a vision that unites the party, and perhaps even the country, in the face of the most violently deranged political landscape since the Civil War will be the ultimate test of the legacies of all three characters. A masterful account of one of the defining political stories of our age, The Rebels cements Joshua Green’s stature at the first rank of American writers explaining how we’ve arrived at this pass and what lies ahead.

Download or read book The New China Playbook written by Keyu Jin and published by Penguin. This book was released on 2023-05-16 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Keyu Jin is a brilliant thinker.” —Tony Blair, former prime minster of the United Kingdom A myth-dispelling, comprehensive guide to the Chinese economy and its path to ascendancy. China's economy has been booming for decades now. A formidable and emerging power on the world stage, the China that most Americans picture is only a rough sketch, based on American news coverage, policy, and ways of understanding. Enter Keyu Jin: a world-renowned economist who was born in China, educated in the U.S., and is now a tenured professor at the London School of Economics. A person fluent in both Eastern and Western cultures, and a voice of the new generation of Chinese who represent a radical break from the past, Jin is uniquely poised to explain how China became the most successful economic story of our time, as it has shifted from primarily state-owned enterprise to an economy that is thriving in entrepreneurship, and participation in the global economy. China’s economic realm is colorful and lively, filled with paradoxes and conundrums, and Jin believes that by understanding the Chinese model, the people, the culture and history in its true perspective, one can reconcile what may appear to be contradictions to the Western eye. What follows is an illuminating account of a burgeoning world power, its past, and its potential future.

Download or read book Floating Exchange Rates at Fifty written by MAURICE OBSTFELD and published by Peterson Institute for International Economics. This book was released on 2024-04-15 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fifty years ago, in March 1973, the major industrial economies abandoned fixed exchange rates, conclusively ending the post–World War II Bretton Woods arrangements. Proponents believed their action would strengthen countries' ability to reconcile domestic macroeconomic policies with the balance of payments. But opponents feared it would initiate a new era of instability and financial shocks. Since 1973, much of the world has moved away from fixed exchange rates to a variety of regimes based on considerable exchange rate flexibility. But international trade conflicts and unstable capital flows, along with a rise in financial crises around the world, have nonetheless accompanied the global shift away from exchange rate pegs. How has the international monetary system performed over the past half century? What have we learned from the experience of more flexible exchange rates? What has been the impact on macroeconomic and financial stability in the years since? This book derives from papers delivered at a conference that brought together leading economists and policymakers to debate and discuss these questions, as well as to assess the evolution of the international monetary system, the dominance of the US dollar, and the role of exchange rate regimes in shaping the world economy.

Download or read book Combating Inequality written by Olivier Blanchard and published by MIT Press. This book was released on 2021-02-02 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading economists and policymakers consider what economic tools are most effective in reversing the rise in inequality. Economic inequality is the defining issue of our time. In the United States, the wealth share of the top 1% has risen from 25% in the late 1970s to around 40% today. The percentage of children earning more than their parents has fallen from 90% in the 1940s to around 50% today. In Combating Inequality, leading economists, many of them current or former policymakers, bring good news: we have the tools to reverse the rise in inequality. In their discussions, they consider which of these tools are the most effective at doing so.

Download or read book Brookings Papers on Economic Activity Fall 2021 written by Janice Eberly and published by Brookings Institution Press. This book was released on 2022-06-07 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Brookings Papers on Economic Activity (BPEA) is a semi-annual academic conference and journal that pairs rigorous research with real-time policy analysis to address the most urgent economic challenges of the day. Working drafts of the papers are presented at the conference typically held twice each year. The final papers and discussant remarks from each conference are subsequently published in the journal several months later. POPP, VONA, MARIN and CHEN on The Employment Impact of a Green Fiscal Push: Evidence from the American Recovery and Reinvestment Act BUCKMAN, CHOI, DALY and SEITELMAN on The Economic Gains from Equity CHERRY, JIANG, MATVOS, PISKORSKI and SERU on Government and Private Household Debt Relief during COVID-19 RENNERT, PREST, PIZER, NEWELL, ANTHOFF, KINGDON, RENNELS, COOKE, RAFTERY, ŠEVČÍKOVÁ and ERRICKSON on The Social Cost of Carbon: Advances in Long-Term Probabilistic Projections of Population, GDP, Emissions, and Discount Rates REIS on Losing the Inflation Anchor AUTOR, DORN and HANSON on On the Persistence of the China Shock

Download or read book The Political Economy of International Trade written by Ken Heydon and published by John Wiley & Sons. This book was released on 2019-11-12 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: With protectionist sentiment and economic nationalism on the rise, international trade and how it is governed is at the heart of some of the most important contemporary economic and political debates. Comprehensive and clear, this book skilfully outlines and analyses the dynamics of trade in the 21st century. Ken Heydon examines three broad themes: the nature and distribution of the gains from trade, the institutional and governance framework of the international trade system, and the contentious practical issues confronting policy-makers across the world. He considers pressing contemporary debates surrounding issues ranging from agriculture and food security to the links between trade and environment protection, core labour standards and intellectual property rights. He demonstrates the importance of a change of mindset in terms of how we see trade policy: it should not, he argues, be simply a question of international negotiation, but also a key component of sound domestic economic management. In short, we need to put commerce in context. Drawing on the author’s experience as a policy practitioner, trade policy analyst and teacher, the volume is informed by an extensive analysis of the literature and by relevant case studies. It is designed for students and scholars of international political economy and trade policy, trade officials, and the general public.

Download or read book Handbook of International Economics written by and published by Elsevier. This book was released on 2022-03-18 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of International Economics, Fifth Edition provides a definitive reference and teaching supplement for researchers and advanced graduate students. It includes self-contained surveys of the current state of a branch of economics in the form of chapters prepared by leading specialists. These surveys summarize not only received results but also newer developments from journal articles and discussion papers. Some original material is included, but the handbook's main goal is to provide comprehensive and accessible surveys. While this is a useful reference for professional collections, it's also a great resource for supplementary readings for advanced courses for graduate students in economics. - Provides the authority and expertise of leading contributors from an international board of authors - Presents the latest release in the Handbook of International Economics series - Includes self-contained surveys of the current state of a branch of economics in the form of chapters prepared by leading specialists

Download or read book To Build a Better World written by Philip Zelikow and published by Twelve. This book was released on 2019-09-10 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt: A deeply researched international history and "exemplary study" (New York Times Book Review) of how a divided world ended and our present world was fashioned, as the world drifts toward another great time of choosing. Two of America's leading scholar-diplomats, Philip Zelikow and Condoleezza Rice, have combed sources in several languages, interviewed leading figures, and drawn on their own firsthand experience to bring to life the choices that molded the contemporary world. Zeroing in on the key moments of decision, the might-have-beens, and the human beings working through them, they explore both what happened and what could have happened, to show how one world ended and another took form. Beginning in the late 1970s and carrying into the present, they focus on the momentous period between 1988 and 1992, when an entire world system changed, states broke apart, and societies were transformed. Such periods have always been accompanied by terrible wars -- but not this time. This is also a story of individuals coping with uncertainty. They voice their hopes and fears. They try out desperate improvisations and careful designs. These were leaders who grew up in a "postwar" world, who tried to fashion something better, more peaceful, more prosperous, than the damaged, divided world in which they had come of age. New problems are putting their choices, and the world they made, back on the operating table. It is time to recall not only why they made their choices, but also just how great nations can step up to great challenges. Timed for the thirtieth anniversary of the fall of the Berlin Wall, To Build a Better World is an authoritative depiction of contemporary statecraft. It lets readers in on the strategies and negotiations, nerve-racking risks, last-minute decisions, and deep deliberations behind the dramas that changed the face of Europe -- and the world -- forever.

Download or read book How Autocrats Seek Power written by Richard L. Abel and published by Taylor & Francis. This book was released on 2024-03-26 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chronicling and analyzing resistance to the threat that autocracy poses to American liberal democracy, this book provides the definitive account of the rise of Trump’s populist support in 2016, and his failed efforts to nullify the result of the 2020 election. This book is about the threat of autocracy, which antedated Donald Trump and will persist after he leaves the stage. Autocracy negates both liberalism—which includes the protection of fundamental rights, the rule of law, separation of powers, and respect for specialist expertise—and democracy—which requires that the state be responsible to an electorate composed of all eligible voters—by concentrating unconstrained power in a single individual. Anticipating defeat in the 2016 election, Trump attacked suggestions that he had sought, or even benefited from, Russian assistance despite the evidence, and he made repeated claims of election fraud. In 2020, fearful that his mishandling of the pandemic had alienated voters, he intensified the allegations of fraud, demanding recounts, pressuring state legislatures and state election officials, advancing bizarre conspiracy theories, and finally, calling for a massive demonstration, urging protesters to march to the Capitol to pressure Congress, promising to accompany them. But as this book documents, Trump’s efforts to nullify the result of the 2020 election failed. As the courts rejected his numerous challenges, state election officials loyally performed their statutory duties, the Justice Department found no evidence of fraud, and politicians from all sides certified Biden’s victory, this book traces the many, and varied, forms of the defense of liberal democracy located within both the state and civil society, including law (judges, government lawyers, and private practitioners), the media, NGOs, science (and other forms of expertise), and civil servants (in federal, state, and local government). Evaluating their efficacy, the book maintains, is vital if—as history has repeatedly taught us—the price of liberal democracy, like that of liberty itself, is eternal vigilance. This definitive account and analysis of Trumpism and the resistance to it will appeal to scholars, students, and others with interests in politics, populism, and the rule of law and, more specifically, to those concerned with resisting the threat that autocracy poses to liberal democracy.

Download or read book Reclaiming Populism written by Eric Protzer and published by John Wiley & Sons. This book was released on 2021-10-18 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Populist upheavals like Trump, Brexit, and the Gilets Jaunes happen when the system really is rigged. Citizens the world over are angry not due to income inequality or immigration, but economic unfairness: that opportunity is not equal and reward is not according to contribution. This forensic book draws on original research, cited by the UN and IMF, to demonstrate that illiberal populism strikes hardest when success is influenced by family origins rather than talent and effort. Protzer and Summerville propose a framework of policy inputs that instead support high social mobility, and apply it to diagnose the differing reasons behind economic unfairness in the US, UK, Italy, and France. By striving for a fair, socially-mobile economy, they argue, it is possible to craft a politics that reclaims the reasonable grievances behind populism. Reclaiming Populism is a must-read for policymakers, scholars, and citizens who want to bring disenchanted populist voters back into the fold of liberal democracy.

Download or read book White Evangelicals and Right Wing Populism written by Marcia Pally and published by Routledge. This book was released on 2022-05-04 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did America’s white evangelicals, from often progressive history, come to right-wing populism? Addressing populism requires understanding how its historico-cultural roots ground present politics. How have the very qualities that contributed much to American vibrancy—an anti-authoritarian government-wariness and energetic community-building—turned, under conditions of distress, to defensive, us-them worldviews? Readers will gain an understanding of populism and of the socio-political and religious history from which populism draws its us-them policies and worldview. The book ponders the tragic cast of the white evangelical story: (i) the distorting effects of economic and way-of-life duress on the understanding of history and present circumstances and (ii) the tragedy of choosing us-them solutions to duress that won’t relieve it, leaving the duress in place. Readers will trace the trajectory from economic, status loss, and way-of-life duresses to solutions in populist, us-them binaries. They will explore the robust white evangelical contribution to civil society but also to racism, xenophobia, and sexism. White evangelicals not in the ranks of the right—their worldview and activism—are discussed in a final chapter. This book is valuable reading for students of political and social sciences as well as anyone interested in US politics.

Download or read book Secular Movements in Production and Prices written by Simon Kuznets and published by . This book was released on 1967 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of World War I written by Stephen Broadberry and published by Cambridge University Press. This book was released on 2005-09-29 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.

Download or read book China s Changing Trade and the Implications for the CLMV written by Mr.Koshy Mathai and published by International Monetary Fund. This book was released on 2016-09-01 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are taking place in the broader context of China’s rebalancing—away from exports and toward domestic demand, and within the latter, away from investment and toward consumption—and as a consequence, demand for some commodity imports is slowing, while consumption imports are slowly rising. The evolution of Chinese trade, investment, and consumption patterns offers opportunities and challenges to low-wage, low-income countries, including China’s neighbors in the Mekong region. Cambodia, Lao P.D.R., Myanmar, and Vietnam (the CLMV) are all open economies that are highly integrated with China. Rebalancing in China may mean less of a role for commodity exports from the region, but at the same time, the CLMV’s low labor costs suggest that manufacturing assembly for export could take off as China becomes less competitive, and as China itself demands more consumption items. Labor costs, however, are only part of the story. The CLMV will need to strengthen their infrastructure, education, governance, and trade regimes, and also run sound macro policies in order to capitalize fully on the opportunities presented by China’s transformation. With such policy efforts, the CLMV could see their trade and integration with global supply chains grow dramatically in the coming years.

Download or read book Changing Patterns of Global Trade written by Nagwa Riad and published by International Monetary Fund. This book was released on 2012-01-15 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.