Crisis In The World Trading System

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Emerging Powers and the World Trading System

Author : Gregory Shaffer
Publisher : Cambridge University Press
Page : 345 pages
File Size : 55,9 Mb
Release : 2021-07-22
Category : Business & Economics
ISBN : 9781108495196

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Emerging Powers and the World Trading System by Gregory Shaffer Pdf

This book explains the rise of China, India, and Brazil in the international trading system, and the implications for trade law.

Effective Crisis Response and Openness

Author : Simon J. Evenett,Bernard M. Hoekman,Olivier Cattaneo
Publisher : CEPR
Page : 380 pages
File Size : 42,7 Mb
Release : 2009
Category : Business & Economics
ISBN : 9781907142017

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Effective Crisis Response and Openness by Simon J. Evenett,Bernard M. Hoekman,Olivier Cattaneo Pdf

The purpose of this book is to examine the various ways in which the existing manifestations of openness, including binding international accords, have constrained or enhanced the options available to national policymakers during the crisis and influenced the degree, and potentially even the effectiveness, of cross-border cooperation. By examining state responses during the crisis in a number of distinct policy domains, this approach may shed light on potential complementarities and tensions as governments seek to tackle sharp national recessions while being mindful of the growing role that the international dimension has played in influencing national economies in an era of globalization. In principle, such an examination may reveal that some permutations of national policy choices and international (trade and other) obligations offer greater potential than others, in turn providing information on the possible scope for both domestic reforms and the global trade architecture.

Conflict, Chaos and Confusion

Author : William A. Kerr
Publisher : Edward Elgar Publishing
Page : 207 pages
File Size : 52,9 Mb
Release : 2010-01-01
Category : Law
ISBN : 9781849808187

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Conflict, Chaos and Confusion by William A. Kerr Pdf

The Estey Centre Journal of International Law and Trade Policy has become required reading among trade policy specialists, not least for Bill Kerr's "Editor's Pages" essay in each volume. Kerr has the ability in a dozen pages to engage, inform and entertain the reader with his careful scholarship, interesting choice of topic and highly-readable style. Kerr sets the tone for the volume and whets the appetite for the other articles. Over the ten years of the Estey Journal's life Kerr's pages have drawn our attention to a range of trade-law topics from the golf-club-like voting rules of the WTO to the delights of sipping incorrectly-labeled port. The decision to bring these twenty short papers together in a volume was inspired. Students and teachers will benefit from the convenience of the collection as source material for classes on trade law and policy. But above all, scholars in the fascinating area of the interplay of economics and law in multilateral trade institutions will have the wisdom of Bill Kerr readily to hand.

The Collapse of Global Trade, Murky Protectionism, and the Crisis

Author : Richard E. Baldwin,Simon J. Evenett
Publisher : Unknown
Page : 112 pages
File Size : 42,8 Mb
Release : 2011-03
Category : Business & Economics
ISBN : 1907142231

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The Collapse of Global Trade, Murky Protectionism, and the Crisis by Richard E. Baldwin,Simon J. Evenett Pdf

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.

Crisis in the World Trading System

Author : Committee for Economic Development of Australia
Publisher : Unknown
Page : 72 pages
File Size : 44,7 Mb
Release : 1993
Category : Australia
ISBN : UCSD:31822016831406

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Crisis in the World Trading System by Committee for Economic Development of Australia Pdf

"Contribution by CEDA to the Conference of International Counterpart Organisations, Paris, 1-2 December 1993".

The WTO

Author : Rorden Wilkinson
Publisher : Routledge
Page : 194 pages
File Size : 55,5 Mb
Release : 2013-01-11
Category : Political Science
ISBN : 9781136016707

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The WTO by Rorden Wilkinson Pdf

Rorden Wilkinson explores the factors behind the collapse of World Trade Organisation (WTO) ministerials – as in Seattle in 1999 and Cancun in 2003 – and asks why such events have not significantly disrupted the development of the multilateral trading system. He argues that the political conflicts played out during such meetings, their occasional collapse and the reasons why such events have so far not proven detrimental to the development of the multilateral trading system can be explained by examining the way in which the institution was created and has developed through time. In addition, this new text: explores the development of the multilateral trading system from the creation of the General Agreement on Tariffs and Trade (GATT) in 1947 to the WTO’s Hong Kong ministerial in December 2005 examines the way in which the interaction of member states has been structured by the institution’s development assesses the impact of institutional practices and procedures on the heightening of political tensions and explains why WTO ministerials exhibit a propensity to collapse but why the breakdown of a meeting has so far not prevented the institution from moving forward This book will be of interest to scholars and students of international politics, economics and law

The Future of World Trade

Author : Hanns Glatz,Ana Palacio,Razeen Sally
Publisher : Wilfried Martens Centre for European Studies
Page : 50 pages
File Size : 47,9 Mb
Release : 2011-03-23
Category : Political Science
ISBN : 9782930632049

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The Future of World Trade by Hanns Glatz,Ana Palacio,Razeen Sally Pdf

World trade is recovering from its sharpest decline since the Great Depression. Europe remains the worldÕs leading trading entity, despite the crisis. The authors of this paper assert that the EU should not retreat to protectionism, but should rise to the post-crisis challenge. The paper assesses how Europe can do this through strengthening the single market, proposes various objectives for external trade policy and examines the need for greater political advocacy regarding the benefits of open markets.

Trade, Finance and Financial Crises

Author : K. Michael Finger,Ludger Schuknecht,World Trade Organization
Publisher : Australian Geographic
Page : 80 pages
File Size : 42,7 Mb
Release : 1999
Category : Business & Economics
ISBN : STANFORD:36105028789787

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Trade, Finance and Financial Crises by K. Michael Finger,Ludger Schuknecht,World Trade Organization Pdf

This study by the WTO explains the basic links between trade and the financial sector, and how financial crises are interrelated with trade. This study also includes case studies on past financial crises.--Publisher's description

Revitalizing the World Trading System

Author : Alan Wm. Wolff
Publisher : Cambridge University Press
Page : 589 pages
File Size : 48,7 Mb
Release : 2023-06-30
Category : Law
ISBN : 9781009289306

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Revitalizing the World Trading System by Alan Wm. Wolff Pdf

In recent years, the world trading system has been confronted by a range of new and developing challenges: the risk of climate change, the instability of the digital economy, the ongoing impacts of COVID-19 and the threat of future pandemics, to name but a few. In this book, veteran trade negotiator, Ambassador Alan Wm. Wolff, draws from his years of experience at the World Trade Organization to consider the history of trade, the current trading system and how it should be reformed in the future. Offering a rare insight into the inner workings of the WTO, Wolff is uniquely placed to identify deficiencies in the current system and suggest actionable solutions. This essential guidebook to the WTO equips readers with the tools and knowledge required to tackle to emerging and emergent challenges of a global trading system.

A World Trade Organization for the 21st Century

Author : Richard Baldwin,Masahiro Kawai,Ganeshan Wignaraja
Publisher : Edward Elgar Publishing
Page : 448 pages
File Size : 48,5 Mb
Release : 2014-11-28
Category : Business & Economics
ISBN : 9781783479283

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A World Trade Organization for the 21st Century by Richard Baldwin,Masahiro Kawai,Ganeshan Wignaraja Pdf

ø Policy makers will benefit from the expert knowledge and policy lessons presented in this book, and development economists and researchers will profit from its critical examination of the world trading system. Undergraduate and postgraduate studen

A World Trade Organization for the 21st Century

Author : Richard E. Baldwin,Masahiro Kawai,Ganeshan Wignaraja
Publisher : Unknown
Page : 0 pages
File Size : 51,8 Mb
Release : 2014
Category : Asia
ISBN : 1783479272

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A World Trade Organization for the 21st Century by Richard E. Baldwin,Masahiro Kawai,Ganeshan Wignaraja Pdf

The global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. The postwar global architecture was guided by major developed economies, centered around the IMF, the GATT, and the World Bank. Today, the balance of economic power is shifting toward emerging economies. Global governance and economic policy must reflect this shift. With contributions from prominent Asian and international trade experts, this book critically examines key changes occurring in the world trading system and explores policy implications for Asia. The world trading system, led by the World Trade Organization (WTO), is under pressure to evolve and address 21st-century trade issues. Meanwhile, economically salient Asia has built deep supply chains over decades, whilst experimenting with mega-regional trade agreements and economic policies to sustain growth amid a fragile economy. The Asian-led Regional Comprehensive Economic Partnership (RCEP) and the United States-led Trans-Pacific Strategic Economic Partnership (TPP) are competing to set standards for Asia's trade and supply chains. Lessons from the Asian experience offer new approaches and economic policies to sustain growth, presenting the WTO as a forum for action to improve global and regional trade governance in the 21st century. Policy makers will benefit from the expert knowledge and policy lessons presented in this book, and development economists and researchers will profit from its critical examination of the world trading system. Undergraduate and postgraduate students interested in development, development economics, international development, and related fields will find this essential supplementary reading.

Termites in the Trading System

Author : Jagdish Bhagwati
Publisher : Oxford University Press
Page : 160 pages
File Size : 54,7 Mb
Release : 2008-07-14
Category : Business & Economics
ISBN : 9780199715909

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Termites in the Trading System by Jagdish Bhagwati Pdf

Jagdish Bhagwati, the internationally renowned economist who uniquely combines a reputation as the leading scholar of international trade with a substantial presence in public policy on the important issues of the day, shines here a critical light on Preferential Trade Agreements, revealing how the rapid spread of PTAs endangers the world trading system. Numbering by now well over 300, and rapidly increasing, these preferential trade agreements, many taking the form of Free Trade Agreements, have re-created the unhappy situation of the 1930s, when world trade was undermined by discriminatory practices. Whereas this was the result of protectionism in those days, ironically it is a result of misdirected pursuit of free trade via PTAs today. The world trading system is at risk again, the author argues, and the danger is palpable. Writing with his customary wit, panache and elegance, Bhagwati documents the growth of these PTAs, the reasons for their proliferation, and their deplorable consequences which include the near-destruction of the non-discrimination which was at the heart of the postwar trade architecture and its replacement by what he has called the spaghetti bowl of a maze of preferences. Bhagwati also documents how PTAs have undermined the prospects for multilateral freeing of trade, serving as stumbling blocks, instead of building blocks, for the objective of reaching multilateral free trade. In short, Bhagwati cogently demonstrates why PTAs are Termites in the Trading System.

China and the World Trading System

Author : Deborah Z. Cass,Brett G. Williams,George Barker
Publisher : Cambridge University Press
Page : 469 pages
File Size : 41,6 Mb
Release : 2003-03-06
Category : Law
ISBN : 9781139436496

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China and the World Trading System by Deborah Z. Cass,Brett G. Williams,George Barker Pdf

China, the world's sixth largest economy, has recently joined the rules-based international trading system. What are the implications of this accession? Leading scholars and practitioners from the US, Europe, China, Australia and Japan argue that China's membership will affect the WTO's decision-making, dispute resolution and rule-based structures. It will also spur legal and economic reform, have far-reaching social, political and distributional consequences in China, facilitate a new role for China in international geo-political affairs, and alter the shape, structure and content of the international trading system as a whole. Of interest to scholars of China, as well as trade lawyers and economists.

Managing Openness

Author : Mona Haddad,Ben Shepherd
Publisher : World Bank Publications
Page : 352 pages
File Size : 46,5 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780821386330

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Managing Openness by Mona Haddad,Ben Shepherd Pdf

The global financial crisis triggered a broad reassessment of economic integration policies in developed and developing countries worldwide. The crisis-induced collapse in trade was the sharpest ever since World War II, affecting all countries and all product categories. A huge shock to the trading system, combined with severe macroeconomic instability, makes it natural for policymakers to call into question the basic underlying assumptions of trade liberalization and openness. In particular, outward-oriented or export-led growth strategies are being reassessed as openness is increasingly associated with greater volatility. However, it is crucial not to lose sight of the dynamic benefits that openness can offer. Examples include technology transfer, increased competitive pressure that reduces markups and improves efficiency, and economies of scale. The real question is how to manage outward-oriented strategies so as to maximize the benefits of openness while minimizing risks. This book aims to contribute to this important and ongoing policy debate, bringing together recent empirical work on the trade collapse, its causes and consequences, and the broader trade policy agenda in the post-crisis environment. It addresses critical policy issues revolving around the topic of outward-oriented growth strategy, including policy instruments that help manage risks associated with outward-orientation, lessons learned from the crisis for particular countries and regions, and how emerging trade policy issues such as climate change, commodities, global production networking, and migration affect the prospects for recovery and outward-oriented growth.