The Political Economy Of The World Trading System

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The Political Economy of the World Trading System

Author : Bernard M. Hoekman,M. M. Kostecki
Publisher : Oxford University Press
Page : 765 pages
File Size : 52,7 Mb
Release : 2009
Category : Business & Economics
ISBN : 9780199553761

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The Political Economy of the World Trading System by Bernard M. Hoekman,M. M. Kostecki Pdf

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The Political Economy of the World Trading System : WTO and Beyond

Author : Bernard Hoekman,Michel Kostecki
Publisher : OUP Oxford
Page : 580 pages
File Size : 54,5 Mb
Release : 2001-07-19
Category : Business & Economics
ISBN : 9780191522253

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The Political Economy of the World Trading System : WTO and Beyond by Bernard Hoekman,Michel Kostecki Pdf

The creation of the World Trade Organization (WTO) in 1995 ushered in a new era in world trading arrangements. Building on the General Agreement on Trades and Tariffs (GATT), the intergovernmental treaty that for 50 years had regulated international trade relations, the WTO is a global organization of equal standing to the International Monetary Fund and the World Bank, and will set the agenda for international trade for decades to come. The authors of this volume were heavily involved in the Uruguay Round of GATT negotiations that laid the foundations for the creation of the WTO, and were ideally placed to see how the politics of negotiation affects the economics of trade. The Political Economy of the World Trading System is the first comprehensive and accessible introduction to the institutional mechanics, economics, and politics of the global trading networks. It goes beyond description of the rules of the WTO to analyse the political and economic forces that sculpted them, the incentives for countries to abide by them, and the likely future direction of the organization. The authors show how governments are not necessarily the social welfare-maximizing entities often found in textbooks, but instead develop policy subject to the pressures of a variety of interest groups. Although economic theory suggests that countries should pursue liberal trade policies and exchange goods and services on the basis of their comparative advantage, in practice most nations actively intervene in international trade. The political economy approach taken in this volume explains how the WTO functions, why GATT has been very successful in reducing tariffs, and why it has proven much more difficult to expand the reach of multilateral disciplines to domestic policies impacting on trade. This book will increase the reader's understanding of international economics, business, and international relations by supplying in-depth insider knowledge of how trade negotiations take place, how this decision-making affects trade policy, and how the multilateral arrangements that shape world trade are created. This information is crucial to understand why WTO rules are phrased as they are, and to understand the processes by which business organizations, industrial associations, and political lobbies influence the multilateral trading system. In this expanded and thoroughly revised edition, the authors have taken account of the recent developments in international trade relations, included an extra chapter on the historical importance of international trading arrangements, and updated all the references and guides to further reading.

The Political Economy of the World Trading System

Author : Bernard M. Hoekman,M. M. Kostecki
Publisher : Oxford University Press, USA
Page : 330 pages
File Size : 52,7 Mb
Release : 1995
Category : Business & Economics
ISBN : UCSC:32106012372279

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The Political Economy of the World Trading System by Bernard M. Hoekman,M. M. Kostecki Pdf

Understanding the reach and relevance of the organization is therefore important, and requires an interdisciplinary approach. Few countries allow unfettered market forces to determine the pattern and structure of trade and investment. Instead, governments develop policy in response to domestic political forces, taking into account likely reactions by trading partners. In discussing the WTO, the authors take a political economy-based approach that can explain these fundamental aspects of the 'real' world.

The Political Economy of the World Trading System

Author : Bernard M. Hoekman,M. M. Kostecki
Publisher : Unknown
Page : 128 pages
File Size : 50,9 Mb
Release : 1995
Category : Electronic
ISBN : OCLC:535294837

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The Political Economy of the World Trading System by Bernard M. Hoekman,M. M. Kostecki Pdf

The Economics of the World Trading System

Author : Kyle Bagwell,Robert W. Staiger
Publisher : MIT Press
Page : 244 pages
File Size : 54,9 Mb
Release : 2004-08-20
Category : Business & Economics
ISBN : 0262524341

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The Economics of the World Trading System by Kyle Bagwell,Robert W. Staiger Pdf

World trade is governed by the rules of the World Trade Organization (WTO), the successor to the General Agreement on Tariffs and Trade (GATT). The WTO sets rules of conduct for the international trade of goods and services and for intellectual property rights, provides a forum for multinational negotiations to resolve trade problems, and has a formal mechanism for dispute settlement. It is the primary institution working, through rule-based bargaining, at freeing trade. In this book, Kyle Bagwell and Robert Staiger provide an economic analysis and justification for the purpose and design of the GATT/WTO. They summarize their own research, discuss the major features of the GATT agreement, and survey the literature on trade agreements. Their focus on the terms-of-trade externality is particularly original and ties the book together. Topics include the theory of trade agreements, the origin and design of the GATT and the WTO, the principles of reciprocity, the most favored nation principle, terms-of-trade theory, enforcement, preferential trade agreements, labor and environmental standards, competition policy, and agricultural export subsidies.

The Political Economy of the World Trading System

Author : Bernard Hoekman,Michel Kostecki
Publisher : Unknown
Page : 301 pages
File Size : 50,7 Mb
Release : 2001
Category : Electronic
ISBN : OCLC:475412397

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The Political Economy of the World Trading System by Bernard Hoekman,Michel Kostecki Pdf

Expanding Frontiers of Global Trade Rules

Author : Nitya Nanda
Publisher : Routledge
Page : 214 pages
File Size : 48,7 Mb
Release : 2008-02-07
Category : Business & Economics
ISBN : 9781134107148

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Expanding Frontiers of Global Trade Rules by Nitya Nanda Pdf

Combining theoretical analysis with insights derived from interactions with trade negotiators, this book analyzes the issues surrounding the creation of newtrade rules', addressing trade topics including the trade and development linkage.

The World Trading System

Author : John Howard Jackson
Publisher : MIT Press
Page : 464 pages
File Size : 40,5 Mb
Release : 1997
Category : Business & Economics
ISBN : 0262600277

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The World Trading System by John Howard Jackson Pdf

Since the first edition of The World Trading System was published in 1989, the Uruguay Round of trade negotiations has been completed, and most governments have ratified and are in the process of implementing the General Agreement on Tariffs and Trade (GATT). In the Uruguay Round, more than 120 nations negotiated for over eight years, to produce a document of some 26,000 pages. This new edition of The World Trading System takes account of these and other developments. Like the first edition, however, its treatment of topical issues is grounded in the fundamental legal, constitutional, institutional, and political realities that mold trade policy. Thus the book continues to serve as an introduction to the study of trade law and policy. Two basic premises of The World Trading System are that economic concerns are central to foreign affairs, and that national economies are growing more interdependent. The author presents the economic principles of international trade policy and then examines how they operate under real- world constraints. In particular, he examines the extremely elaborate system of rules that governs international economic relations. Until now, the bulk of international trade policy has addressed trade in goods; issues inadequately addressed by policy include trade in services, intellectual property rights, certain investment measures, and agriculture. The author highlights the tension between legal rules, designed to create predictability and stability, and the governments need to make exceptions to solve short-term problems. He also looks at weaknesses of international trade policy, especially as it applies to developing countries and economies in transition. He concludes with a look at issues that will shape international trade policy well into the twenty-first century.

Handbook of the International Political Economy of Trade

Author : David Deese
Publisher : Edward Elgar Publishing
Page : 649 pages
File Size : 42,6 Mb
Release : 2014-08-29
Category : Business & Economics
ISBN : 9781781954997

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Handbook of the International Political Economy of Trade by David Deese Pdf

This accessible, comprehensive and pertinent Handbook will be of interest to academics, researchers and students working in the fields of international politics, in particular political economy and foreign policy, and the economics of trade.¾ Practitio

Emerging Powers and the World Trading System

Author : Gregory Shaffer
Publisher : Cambridge University Press
Page : 345 pages
File Size : 42,9 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.

The Political Economy of International Trade

Author : Ken Heydon
Publisher : John Wiley & Sons
Page : 288 pages
File Size : 50,5 Mb
Release : 2019-11-12
Category : Political Science
ISBN : 9781509534371

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The Political Economy of International Trade by Ken Heydon Pdf

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.

The Political Economy of the World Trading System

Author : Bernard M. Hoekman,M. M. Kostecki
Publisher : Unknown
Page : 301 pages
File Size : 41,7 Mb
Release : 2001
Category : International economic relations
ISBN : 0191596442

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The Political Economy of the World Trading System by Bernard M. Hoekman,M. M. Kostecki Pdf

The creation of the World Trade Organization (1995) ushered in a new era in world trading arrangements. This text explains how the WTO functions, and how it relates to the General Agreement on Trades and Tariffs (GATT).

The World Trade System

Author : Jagdish N. Bhagwati,Pravin Krishna,Arvind Panagariya
Publisher : MIT Press
Page : 415 pages
File Size : 45,8 Mb
Release : 2016-12-16
Category : Business & Economics
ISBN : 9780262035231

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The World Trade System by Jagdish N. Bhagwati,Pravin Krishna,Arvind Panagariya Pdf

The world trade system : trends and challenges / Jagdish Bhagwati, Pravin Krishna and Arvind Panagariya -- Issues in trade policy -- Border tax equalization / Steve Charnovitz -- Trade, poverty and inequality / Devashish Mitra -- Dispute settlement : the influence of preferential trade agreements on litigation between trading partners / Petros Mavroidis and Andre Sapir -- Anti-dumping provisions within preferential trade agreements / Tom Prusa -- The wto trade facilitation agreement : milestone, mirage, or mistake? / Bernard Hoekman -- Agriculture : food security and trade liberalization / Stefan Tangermann -- Regional perspectives -- Trans Pacific Partnership : perspectives from China / Mary Lovely and Dimitar Gueorguiev -- Trans Atlantic Free trade : the view from Germany / Gabriel Felbermayr -- Administered protection in the eu : implications for TTIP / Jonas Kasteng

The Language of World Trade Politics

Author : Klaus Dingwerth,Clara Weinhardt
Publisher : Routledge
Page : 204 pages
File Size : 55,7 Mb
Release : 2018-08-30
Category : Political Science
ISBN : 9781351064644

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The Language of World Trade Politics by Klaus Dingwerth,Clara Weinhardt Pdf

Outcomes in major multilateral trade negotiations are conventionally explained as resulting from interests weighted by (trading) power. Offering a different overview of the concepts we use to talk about the international trade regime, this edited collection puts the ideational foundation of world trade politics centre stage, and critically examines the terms in which we make sense of world trade politics. The concepts used to make sense of world trade politics are often employed strategically, making some aspects of reality visible and others invisible. Reflecting upon ten key concepts from ‘trade’ itself to ‘protectionism’ and ‘justice’, this book poses two broad questions: first, how and by whom have the meanings of different terms used to describe, challenge and defend world trade politics been constructed? Second, how have the individual terms changed over time, and with what consequences? The editors and contributors draw on a broad range of theoretical approaches, from post-structuralism or cognitivism to normative theory, shedding new light on why certain trade issues and agendas win out over others, who benefits from the current system of trade governance, and what contemporary challenges the World Trade Organization faces. In doing so, the book speaks to a growing and diverse constructivist literature in International Political Economy. This book will be of interest to scholars, students and policy professionals working within International Relations, International Political Economy and economics.