The Global Political Economy Of Trade Protectionism And Liberalization

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The Global Political Economy of Trade Protectionism and Liberalization

Author : Tony Heron
Publisher : Routledge
Page : 209 pages
File Size : 55,6 Mb
Release : 2012-06-25
Category : Political Science
ISBN : 9781136293269

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The Global Political Economy of Trade Protectionism and Liberalization by Tony Heron Pdf

Given the widely-accepted premise that free trade is the best means of maximising overall societal welfare, why has it proven so difficult to achieve in certain industries? This book tackles arguably the most perennial and deep-rooted of all questions in political economy, and questions the incumbent orthodox liberal theories of collective action. Using a historical institutionalist framework to explore and explain the political economy of trade protectionism and liberalization, this book is based on detailed case studies of the textiles and clothing sector in the EU, United States, China, Caribbean Basin and sub-Saharan Africa. From this, the book expands to discuss the origins of trade protectionism and examine the wider political effects of liberalization, offering an explanation of why a successful conclusion to the WTO ‘Doha’ round has proven to be so elusive. The book argues that the regulation of global trade - and the economic consequences that this has for both developed and developing countries - has been the result of the particular way in which trade preferences are mediated through political institutions. The Global Political Economy of Trade Protectionism and Liberalization will be of interest to those studying and researching international and comparative political economy, developing area studies, economics, law and geography.

International Political Economy and Globalization

Author : S Javed Maswood
Publisher : World Scientific Publishing Company
Page : 260 pages
File Size : 48,8 Mb
Release : 2008-09-26
Category : Political Science
ISBN : 9789813107250

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International Political Economy and Globalization by S Javed Maswood Pdf

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.

Free Trade In The World Economy

Author : Herbert Giersch
Publisher : Routledge
Page : 633 pages
File Size : 53,8 Mb
Release : 2019-03-04
Category : Political Science
ISBN : 9780429689833

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Free Trade In The World Economy by Herbert Giersch Pdf

International trade policy is facing a cross-roads. This is creating uncertainty, impairing world economic growth. Unless a policy of more open markets is pursued, protectionism may well turn into a self-perpetuating and cumulative process. This is why the 1986 Kiel Conference was devoted to Free Trade in the World Economy: Towards an Opening of Markets. We felt that such a conference would help to stimulate policy discussion preceding the Uruguay Round under the auspices of the GATT and the moves within the European Community towards completing a common internal market by 1992.

The Political Economy of Trade Reform in Emerging Markets

Author : Peter Draper,Phil Alves,Razeen Sally
Publisher : Edward Elgar Publishing
Page : 299 pages
File Size : 44,7 Mb
Release : 2009-01-01
Category : Political Science
ISBN : 9781848447295

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The Political Economy of Trade Reform in Emerging Markets by Peter Draper,Phil Alves,Razeen Sally Pdf

. . . few if any other recent volumes offer a historical perspective on evolving trade policy in several countries, this well-written, well-edited volume. . . is suitable for graduate and research libraries. M. Larudee, Choice This book is a refreshing reminder of the benefits of unilateral trade liberalisation in countries whose leaders dare. An important story told with clarity and authority. Ross Garnaut, The Australian National University, Australia That trade liberalization is good for emerging market economies, and not just for the rich ones, is now widely accepted by both economists and policy-makers. But the question remains: how can these reforms be implemented in practice? The answer to that important question lies in understanding the political economy of each reforming country. This book makes a splendid contribution to our understanding of this issue by examining the experience of several countries. It is therefore an important book to be read by, not just students and researchers, but also policy-makers worldwide. Jagdish Bhagwati, Columbia University, US This timely book brings fresh analysis to the important issue of trade policy reform in emerging markets. The subject matter and its significance are comprehensively introduced with a review of developing country liberalization since the 1980s providing an analytical framework for the seven country case studies that follow. The case studies (Australia, Brazil, Chile, India, Malaysia, New Zealand, and South Africa) cover a wide variety of political, historical and economic issues, but all make clear the important role that crisis, or the threat of it, plays in meaningful trade policy reform. This is of particular relevance in the current global financial crisis. These studies, together with the conclusions which are drawn from them, show how important the trade liberalization agenda remains in the 21st century. Written by a combination of both experts and practitioners, this highly topical book will make productive reading for policy makers concerned with trade policy in developed and developing countries, as well as scholars working in trade policy. Postgraduate students studying international business, international relations, economics, politics, and international law should not be without this book.

Trade Protectionism in an Uncertain and Interconnected Global Economy

Author : Nicolás Albertoni
Publisher : Taylor & Francis
Page : 203 pages
File Size : 55,8 Mb
Release : 2023-09-29
Category : Political Science
ISBN : 9781000961584

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Trade Protectionism in an Uncertain and Interconnected Global Economy by Nicolás Albertoni Pdf

Trade Protectionism in an Uncertain and Interconnected Global Economy presents the results of almost five years of research on the political economy of trade policy. It argues that in a global context dominated by economic uncertainty and interdependencies, the mechanisms that have fueled the diffusion of trade liberalization under the World Trade Organization (preferential trade agreements and global value chains) can also become channels for protectionism (based on less observable non- tariff or murkier measures). Countries have changed the way they respond to protectionism, which impacts bilateral relations. The author explores why and how increased global trade interconnectivity has also become a channel for new forms of trade protectionism, and especially how this impacts the developing world. These counterintuitive dynamics constitute the newest wave in the literature on trade interdependence. Previous research on trade policy has often concentrated on just one aspect of the effects of an interconnected global economy: the more political and economic linkages countries build among themselves, the fewer tensions they will generate across borders. From a trade policy perspective, this causal claim has held steady for many decades. This book bridges academic analysis with trade policymaking and offers a road map for the kinds of commercial policy reforms that will be essential for the successful revival of world markets after global economic crises as it was the COVID-19 pandemic. This book will appeal to postgraduates, researchers, and academics interested in international political economy, comparative political economy, development, business, and all those with a particular interest in Latin American trade policy dynamics. It will also be of interest to trade policy scholars, practitioners, and readers with an interest in how governments, firms, and regions around the developing world transition into more knowledge-intensive activities.

The Political Economy of Protection

Author : Daniel Lederman
Publisher : Stanford University Press
Page : 224 pages
File Size : 43,7 Mb
Release : 2005-03-29
Category : Business & Economics
ISBN : 0804767327

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The Political Economy of Protection by Daniel Lederman Pdf

The Political Economy of Protection explains why countries, especially developing countries, change their trade policies over the course of history. It does so through an interdisciplinary approach, which borrows analyses from both political science and economics. While the central focus of this book is to explain historical changes in trade policy in one country, Chile, it is broadly relevant for students, scholars, and trade specialists interested in gaining a deeper understanding of the politics and economics of international trade. Given the intensifying public debates about the benefits of globalization, the author provides a uniquely rigorous yet interdisciplinary analysis of the forces that shape trade policy decisions, not just in Chile, but throughout the world.

Trade and Protectionism

Author : Takatoshi Ito,Anne O. Krueger
Publisher : University of Chicago Press
Page : 462 pages
File Size : 55,5 Mb
Release : 2007-12-01
Category : Business & Economics
ISBN : 9780226387055

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Trade and Protectionism by Takatoshi Ito,Anne O. Krueger Pdf

During the first three decades following the Second World War, an increasingly open international trading system led to unprecedented economic growth throughout the world. But in recent years, that openness has been threatened by increased protectionism, regional trading arrangements—Europe 1992 and the U.S.-Canada Free Trade Agreement—and setbacks in negotiations on the General Agreement on Tariffs and Trade. In Trade and Protectionism, American and East Asian scholars consider the dangers of this trend for the world economy and especially for East Asian countries. The authors look at the current global trading system and at the potential threats to East Asian economies from possible regional arrangements, such as separate trading blocks in the Western Hemisphere and Europe. They cover trade between the United States and Japan, Korea and Japan, and Japanese-East Asian trade policies; trade in agriculture and semiconductors and the frictions that have jeopardized this trade; and direct foreign investment. The contributors round out the work with discussions of the political economy of protection in Korea and Taiwan and political economy considerations as they affect trade policy in general. This is the second volume of the National Bureau of Economic Research-East Asia Seminar on Economics. The first volume, The Political Economy of Tax Reform, also edited by Takatoshi Ito and Anne O. Krueger, addresses tax reform in the global economy.

Votes, Vetoes, and the Political Economy of International Trade Agreements

Author : Edward D. Mansfield,Helen V. Milner
Publisher : Princeton University Press
Page : 223 pages
File Size : 45,8 Mb
Release : 2012-05-27
Category : Business & Economics
ISBN : 9780691135304

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Votes, Vetoes, and the Political Economy of International Trade Agreements by Edward D. Mansfield,Helen V. Milner Pdf

Preferential trading arrangements (PTAs) play an increasingly prominent role in the global political economy, two notable examples being the European Union and the North American Free Trade Agreement. These agreements foster economic integration among member states by enhancing their access to one another's markets. Yet despite the importance of PTAs to international trade and world politics, until now little attention has been focused on why governments choose to join them and how governments design them. This book offers valuable new insights into the political economy of PTA formation. Many economists have argued that the roots of these agreements lie in the promise they hold for improving the welfare of member states. Others have posited that trade agreements are a response to global political conditions. Edward Mansfield and Helen Milner argue that domestic politics provide a crucial impetus to the decision by governments to enter trade pacts. Drawing on this argument, they explain why democracies are more likely to enter PTAs than nondemocratic regimes, and why as the number of veto players--interest groups with the power to block policy change--increases in a prospective member state, the likelihood of the state entering a trade agreement is reduced. The book provides a novel view of the political foundations of trade agreements.

Analyzing the Global Political Economy

Author : Andrew Walter,Gautam Sen
Publisher : Princeton University Press
Page : 294 pages
File Size : 48,5 Mb
Release : 2008-12-08
Category : Political Science
ISBN : 9781400837809

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Analyzing the Global Political Economy by Andrew Walter,Gautam Sen Pdf

Ideally suited to upper-undergraduate and graduate students, Analyzing the Global Political Economy critically assesses the convergence between IPE, comparative political economy, and economics. Andrew Walter and Gautam Sen show that a careful engagement with economics is essential for understanding both contemporary IPE and for analyzing the global political economy. The authors also argue that the deployment of more advanced economic theories should not detract from the continuing importance for IPE of key concepts from political science and international relations. IPE students with little or no background in economics will therefore find this book useful, and economics students interested in political economy will be alerted to the comparative strengths of political science and other social science disciplines. A concise look at the foundations of analysis in the political economy of global trade, money, finance, and investment Suitable for upper-undergraduate and graduate students with some or no economic background Techniques and findings from a range of academic disciplines, including international relations, political science, economics, sociology, and history Further reading and useful weblinks including a range of relevant data sources, listed in each chapter

Global political economy

Author : Robert Gilpin,Jean M. Gilpin
Publisher : Orient Blackswan
Page : 440 pages
File Size : 45,8 Mb
Release : 2003
Category : Economic development
ISBN : 8125023062

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Global political economy by Robert Gilpin,Jean M. Gilpin Pdf

This Book Focuses On The Powerful Economic, Political And Technological Forces That Have Transformed The World. The Author Gives Particular Attention To Economic Globalisation, Its Real And Alleged Implications For Economic Affairs, And The Degree To Which Its Nature, Extent And Significance Have Been Exaggerated And Misunderstood. Moreover, He Demonstrates That National Policies And Domestic Economies Remain The Most Critical Determinants Of Economic Affairs. Gilpin Employs The Conventional Theory Of International Trade, Insights From The Theory Of Industrial Organization, And Endogenous Growth Theory. In Addition, Ideas From Political Science, History, And Other Disciplines Are Employed To Enrich Understanding Of The New International Economic Order.

Intra-Industry Trade

Author : Cameron Thies,Timothy M. Peterson
Publisher : Stanford University Press
Page : 206 pages
File Size : 45,7 Mb
Release : 2015-10-28
Category : Business & Economics
ISBN : 9780804797207

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Intra-Industry Trade by Cameron Thies,Timothy M. Peterson Pdf

Intra-Industry Trade calls for us to rethink what trade most often looks like and how it shapes global institutions, fostering peace among states. Cameron G. Thies and Timothy M. Peterson argue that our understanding of trade has not kept pace with its changing nature in the 21st century; existing models, rooted in Ricardo's theories, regard trade uniformly as taking place between entities and countries that offer different commodities and operate according to the logic of comparative advantage. Though this type of exchange does take place, intra-industry trade—international trade of the same or similar commodities, in which foreign and domestic brands compete—is increasingly prevalent. The authors argue that our current academic and policymaking focus on the total volume of trade, rather than its composition, is misplaced. Trade composition matters, not just because it gives us a fuller understanding of how trade works, but also because intra-industry trade increases the likelihood of positive institutional relations and cooperation between states. To illustrate their point, the authors examine the effects that intra-industry trade has on Preferential Trade Agreement formation, its tendency to lessen World Trade Organization disputes and militarized conflict, and its ability to pave the way for new and fortified alliances.

Trade Liberalization and Protectionism

Author : Balthasar Hahn,Carl Jaeger
Publisher : Unknown
Page : 0 pages
File Size : 46,8 Mb
Release : 2010
Category : Free trade
ISBN : 1608768376

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Trade Liberalization and Protectionism by Balthasar Hahn,Carl Jaeger Pdf

This book makes an intensive review of the literature on trade liberalisation and its impacts on growth and distribution in developing countries. Moreover, the authors scrutinise some controversial national initiatives that are gradually fragmenting the international economic field. The urgent need that multilateral institutions have to push trade higher up in the list of the political priorities is emphasised. In addition, the biggest producers and exporters of agricultural products have been adopting the genetic engineering in order to improve the factors productivity and the firms profits. The authors examine the potential motivations behind the different policies on GM products adopted by US and EU. Additionally, the welfare effect of bilateral free trade agreement (FTA) in a vertical trade structure is investigated in this book. A three-country model is considered with one country exporting intermediate good and two countries exporting final good. Other chapters explore the major theories of international trade from antiquity up to the neo-classical economics in the latter part of the nineteenth century. Effective trade policies for developed countries today are also discussed, as well as international trade, both exports and imports, in countries such as India and China. It is the authors contention that these two countries pose particular challenges and offer particular opportunities in the evolving trade-development nexuses.

Global Political Economy

Author : Theodore H. Cohn
Publisher : Longman Publishing Group
Page : 452 pages
File Size : 46,8 Mb
Release : 2008
Category : Business & Economics
ISBN : IND:30000116116454

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Global Political Economy by Theodore H. Cohn Pdf

Praised for its authoritative coverage of theory and history,Global Political Economyplaces the study of IPE in the broadest global context. Written by one of the field’s leading scholars, this text helps students understand the fundamental importance of international political economy and make sense of current events in the global economy. Its three areas of focus-globalization, North-North relations, and North-South relations-encourage students to connect theory and history with practice, explore domestic and international economic interactions, and examine the critical relationship between economic and security issues.

The Oxford Handbook of the Political Economy of International Trade

Author : Lisa L. Martin
Publisher : Oxford University Press
Page : 672 pages
File Size : 51,7 Mb
Release : 2015-03-27
Category : Political Science
ISBN : 9780199981762

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The Oxford Handbook of the Political Economy of International Trade by Lisa L. Martin Pdf

The Oxford Handbook of the Political Economy of International Trade surveys the literature on the politics of international trade and highlights the most exciting recent scholarly developments. The Handbook is focused on work by political scientists that draws extensively on work in economics, but is distinctive in its applications and attention to political features; that is, it takes politics seriously. The Handbook's framework is organized in part along the traditional lines of domestic society-domestic institutions - international interaction, but elaborates this basic framework to showcase the most important new developments in our understanding of the political economy of trade. Within the field of international political economy, international trade has long been and continues to be one of the most vibrant areas of study. Drawing on models of economic interests and integrating them with political models of institutions and society, political scientists have made great strides in understanding the sources of trade policy preferences and outcomes. The 27 chapters in the Handbook include contributions from prominent scholars around the globe, and from multiple theoretical and methodological traditions. The Handbook considers the development of concepts and policies about international trade; the influence of individuals, firms, and societies; the role of domestic and international institutions; and the interaction of trade and other issues, such as monetary policy, environmental challenges, and human rights. Showcasing both established theories and findings and cutting-edge new research, the Handbook is a valuable reference for scholars of political economy.

The Political Economy of Trade Policy

Author : Robert C. Feenstra,Gene M. Grossman,Douglas A. Irwin
Publisher : MIT Press
Page : 334 pages
File Size : 42,5 Mb
Release : 1996
Category : Business & Economics
ISBN : 0262061864

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The Political Economy of Trade Policy by Robert C. Feenstra,Gene M. Grossman,Douglas A. Irwin Pdf

This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking contributions to the theory of international trade and commercial policy, including immiserizing growth, domestic distortions, economic development, and political economy. His success and influence as a teacher and mentor is widely recognized among students at both MIT and Columbia, and as founder of the Journal of International Economics, he has encouraged research on many questions of theoretical and policy relevance. The political economy of trade policy, Bhagwati's most recent area of interest, is the theme of this collection which addresses salient topics including market distortions, income distribution, and the political process of policy-making. Sections and Contributors Market Distortions, T. N. Srinivasan. Paul A. Samuelson. Paul R. Krugman * Trade and Income Distribution, Douglas A. Irwin. Richard A. Brecher and Ehsan U. Choudri. Robert C. Feenstra and Gordon H. Hanson. Earl L. Grinols * Perspectives on Political Economy, Robert E. Baldwin. Peter Diamond * Models of Political Economy and Trade, Gene M. Grossman and Elhana Helpman. John Douglas Wilson. B. Peter Rosendorff. Arvind Panagariya and Ronald Findlay