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Books > Business & Economics > Economics > International economics > International trade > General
First published in 1987, Administered Protection in America follows calls in the United States, at that time, for the protection of American industries and the preservation of jobs threatened by foreign competition. Professor Rugman's and Dr Anderson's work presents evidence that the United States already has a system of administered protection in place in the form of escape clauses, countervailing duty and anti-dumping procedures. The book argues that the application of these procedures by a largely decentralised administration has reduced United States state policy to a state of near anarchy. Rugman and Anderson argue that this is counterproductive for the United States and extremely harmful for America's trading partners in Europe, Canada and the Far East. The conclusion looks at discussions of trade negotiations with Canada, which Canada was pursuing for a bilateral free trade agreement with the United States.
This book is a review of the development of the WTO dispute resolution procedure and the power and influence it has gained over the practises of the member countries as well as in other international treaties. The book addresses the development of environmental competency in the WTO and examines the arguments of those who oppose WTO rule making with impacts on the environment. The WTO's interactions with multilateral environmental agreements are considered and recent WTO cases including the 2011 US/Mexico tuna dispute and the US sea turtles decision are analysed in detail. In examining how an international organisation which was established with a specific purpose in mind has come to interact in fields beyond its original remit, James Watson demonstrates how the dispute resolution system at the WTO has come to work in a judicialised manner, operating with an informal system of precedent. This has led to the contracting parties placing more reliance on the decisions of the dispute panels and appeal body when considering policy options, with WTO rulings increasingly influencing the behaviour of national legislatures in regard to the environment. The book goes on to make concrete recommendations, based on existing practise in the WTO dispute resolution procedure, which could enhance decision making in environmental cases heard by the WTO. The book argues that this could be achieved with straightforward amendments to the WTO, based on existing practices endorsed under the WTO for other policy considerations. The WTO and the Environment will be of particular interest to academics and students of International and Environmental law.
This book brings together core papers by the editor and some of his colleagues during the past two decades on the role of trade openness, especially in farm products, in promoting national and global economic development. The chapters cover four areas: how national comparative advantage evolves in the course of economic growth; how agricultural markets and national and global economic welfare are affected by distortionary price and trade policies; how inefficiently non-trade concerns of societies are addressed using trade-distorting policies; and how the income distributional effects of trade policies drive the political economy of those policies.
As Malaysia's economy grows and flourishes, strong new links are being forged with other developing countries in the region and beyond. This book traces the ways in which age-old organizational, political, religious and trade networks between Nusantara, the Malay World, and Central Asia, East Africa and the Middle East have changed in recent years. The book argues that these old links are being revived by new forms of globalization, modernization and knowledge transfer that are developing and implementing non-western models of governance, often in direct reference to Islam. The book goes on to explain how, as Malaysia develops new links with Indian Ocean countries, many of them Muslim countries, a new style trading network is being formed, a network with Islamic characteristics, which echoes Indian Ocean Islamic trading networks of earlier times. Interspersed with interesting methodological insights into the latest network, transnational and spatial theories, the book provides detailed case studies of Malaysia's and Southeast Asia's trade and numerous other links with Indonesia, Egypt, Zanzibar, Comoros and Central Asia, and concludes by assessing how Malaysia's and ASEAN's new style network is likely to develop and influence wider global networks. Written with a depth of knowledge reflective of the author's many years of research throughout Asia, this book gives a real insight into how Malaysia's mentalities, traditions and ways of thinking are being applied to its interactions with its immediate neighbours and the wider world.
The discourse on globalization has become polarized. Proponents consider globalization as the silver bullet for targeting growth in the world economy and for poor countries specifically, while opponents see it as the poisoned arrow of exploitation and impoverishment of the Third World. Splendidly edited, The Asymmetries of Globalization deals with the 'what' and 'how' but primarily with 'why' globalization has most often negative outcomes for developing countries. It breaks new ground in approaching globalization not only as trade commodities, but also as trade in positional goods ('decommodified trade.') The two novel and munificent forms of post-Ricardian decommodified trade, trade in services and trade in hard currency in the form of currency substitution, are sculpted in the introductory chapter as the foundation of the systematic asymmetries of globalization. The analytical approach of introducing 'positional goods' in the form of decommodified trade, in the discource on globalization, is original. It is also timely in a situation where the tail of trade in 'services' has grown enough to wag the traditional trade-in-commodities dog of globalization. The balance of the chapters in this volume constitute a tapestry of case studies that elaborate and empirically investigate the causes of systematic asymmetries of globalization. The book's appeal transcends economics to make it also highly useful to students across the disciplines of sociology and political science, especially in the fields of international political economy and the politics of international trade. It will certainly enlighten all those working in the general areas of globalization, poverty and economic development.
Trade liberalization has swept over developing countries over the past few decades and its results have been argued about for the last few years. This important new book presents useful insights into the experience of APEC countries that have gone through numerous liberalizing reforms in recent times. Students, researchers and readers generally interested in APEC economies will find this book a good addition to their bookshelves.
This book provides a critical analysis of merger control regimes in the former socialist countries with small market economies, looking at the unique challenges facing these economies. Questions will be asked as to what extent these countries have had to follow dictation from the EU and whether this implementation of EU merger control rules has been justified from the point of view of these countries' economic situations. The book will analyse the merger control regimes in Estonia, Latvia and Lithuania, Slovenia and Slovakia. However, reference will be made to other small market economies of the EU including Cyprus, Ireland, Luxembourg and Malta in order to evaluate the particular difficulties the former socialist countries with small market economies have had in the implementation and further development of merger control rules.
A feature of the global economy over the last half-century has been the proliferation of regional trading arrangements (RTAs) and the ongoing debate over the relationship between regionalism and multilateralism. The economic analysis of regionalism has increasingly come to focus on fundamental elements of international economics.The economic analysis of RTAs evolved substantially following Viner's key insight, which highlighted the possibility of trade diversion. During the 1980s and 1990s the analysis broadened to include trade-related issues and other areas. The debate currently thrives as the European Union expands eastwards, the USA looks to strengthen hemispheric relations, and East Asian countries consider regional arrangements more seriously after the 1997 regional crisis. This volume is a careful selection of the major contributions to the economic analysis of RTAs. It will be a valuable reference source for students, policymakers and academics.
During the period 1949 to 1979, communist China was officially pursuing a policy of self-sufficiency, and the United States and its allies were officially implementing a trade embargo against communist China. However, this book, based on extensive original research, demonstrates that China was highly dependent on Western/Japanese grain imports. The text shows that groups lobbying on behalf of Western/Japanese grain producers and related industries had successfully found ways of by-passing the embargo. This book charts the complicated picture of how economic relations between China, the West and Japan developed in these years.
Is a State free to adopt measures to protect the public health of its citizens? If so, what are the limits, if any, to such regulatory powers? This book addresses these questions by focusing on the clash between the regulatory autonomy of the state and international investment governance. As a wide variety of state regulations allegedly aimed at protecting public health may interfere with foreign investments, a tension exists between the public health policies of the host state and investment treaty provisions. Under most investment treaties, States have waived their sovereign immunity, and have agreed to give arbitrators a comprehensive jurisdiction over what are essentially regulatory disputes. Some scholars and practitioners have expressed concern regarding the magnitude of decision-making power allocated to investment treaty tribunals. This book contributes to the current understanding of international investment law and arbitration, addressing the fundamental question of whether public health has and/or should have any relevance in contemporary international investment law and policy. With a focus on the clash of cultures between international investment law and public health, the author critically analyses the emerging case law of investment treaty arbitration and considers the theoretical interplay between public health and investor rights in international investment law. The book also explores the interplay between investment law and public health in practice, focusing on specific sectors such as pharmaceutical patents, tobacco regulation and environmental health. It then goes on to analyze the available means for promoting consideration of public health in international investment law and suggests new methods and approaches to better reconcile public health and investor rights.
First published in 1986, this work reports the results of the Leverhulme project on mulitnationals and intermediate product trade based at the University of Reading during the academic year 1982/3. Chapter 1 summarises the main results of this project. Part I focusses upon the theoretical component of world trade, dealing with both the theories of division of labour and vertical integration. Part II presents a number of specially-commissioned case studies relating to the project, concerning the motor industry, the bearing industry, the synthetic fibre industry, the tin industry, the copper industry, the banana industry and the shipping industry.
This book considers the issue of biodiversity in developing countries in relation to intellectual-property rights, community rights and human rights. Drawing together a number of case studies of developing countries rich in biological and genetic resources including India, South Africa and Brazil, the book examines the access to PGRs and their utilizations in the contexts of scientific and commercial oriented activities pursued both in the source and user countries. Exploring how community rights are protected in national biodiversity-related regulations and some international legal instruments, Marcelin Tonye Mahop also discusses the relationship between community rights and human rights in the context of biodiversity. The book looks at the issue of bio-piracy, asking whether this phenomenon should only be seen as a North-South clash, whereby biodiversity rich countries of the Southern Hemisphere blame developed countries and their actors as its principal perpetrators. While recognizing that developing countries' actors play a role in this bio-piracy phenomenon, the book goes on to suggest alternative measures for the legal protection of community rights at the national level with the possibility of national and international enforceability. Essential reading for students and scholars of intellectual-property rights, biodiversity regulations and human rights, this book will also be of great value to researchers and members of professional organizations working in these subject areas. National and regional negotiators in the international processes dealing with the issues covered in the book will find it a useful tool that can help them to understand various facets of these processes.
This book examines the formation, nature and effect of the arbitrators' contract, addressing topics such as the appointment, challenge, removal and duties and rights of arbitrators, disputing parties and arbitration institutions. The arguments made in the book are based on a semi-autonomous theory of the juridical nature of international arbitration and a contractual theory of the legal nature of these relationships. From these premises, the book analyses the formation of the arbitrator's contract in both ad hoc and institutional references. It also examines the institution's contract with the disputing parties and its effect on the arbitrator's contract under institutional references. The book draws from national arbitration laws and institutional rules in various jurisdictions to give a global view of the issues examined in it. The arbitrator's contract is analysed from a global perspective of arbitral law and practice with insights from various jurisdictions in Africa, Asia, Europe, North and South America. The primary focus of the book is an analysis of the formation of the arbitrator's contract and the terms of this contract and the institution's contract. The primary question of the consequences (if any) of the breaches of the terms of these contracts and its impact on the exclusion or limitation of liability of arbitrators and institutions is also analysed with the conclusion that since these transactions are contractual and the terms can be categorised as in any normal contract, then normal contractual remedies can be applied to the breaches of these terms. International Commercial Arbitration and the Arbitrator's Contract will be of great value to arbitration practitioners and researchers in arbitration. It will also be very useful to students of arbitration on the topics of arbitrators and arbitration institution.
Victorious after World War II and the Cold War, the United States and its allies largely wrote the rules for international trade and investment. Yet, by 2020, it was the United States that became the great disrupter - disenchanted with the rules' constraints. Paradoxically, China, India, Brazil, and other emerging economies became stakeholders in and, at times, defenders of economic globalization and the rules regulating it. Emerging Powers and the World Trading System explains how this came to be and addresses the micropolitics of trade law - what has been developing under the surface of the business of trade through the practice of law, which has broad macro implications. This book provides a necessary complement to political and economic accounts for understanding why, at a time of hegemonic transition where economic security and geopolitics assume greater roles, the United States challenged, and emerging powers became defenders, of the legal order that the United States created.
This book examines the development of national legislative regimes for the protection of intellectual property rights in the Arabian Gulf states: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, and Yemen. David Price analyses IP rights in these states in the context of WTO membership, and consequent compliance with the requirements of the WTO's TRIPS Agreement. The challenges of domestic enforcement of the states' IP laws receive critical attention. A particular focus of the book is on foreign forces which have shaped or influenced the character of the states' IP protection regimes. It includes commentary on the contribution of foreign states, the WTO and WIPO in the pre-TRIPS and TRIPS compliance stages, and the US bilateral trade strategy for pursuing IP protection standards that exceed those enshrined in TRIPS, and the impact of these forces upon the states' enforcement performance. The role of the Office of the United States Trade Representative (USTR) and the Special 301 provisions as a powerful tool in the US' bilateral strategy receives particular attention. The intellectual property laws of these states have been developed virtually in the span of a single generation, and the process of change is continuing. As such, this book will interest practitioners both in and outside of the region, and those with an interest in intellectual property law, comparative law, Middle East legal systems and affairs, and international trade.
'This Handbook is a long-needed, comprehensive examination of fair trade's multifaceted and shifting coordinates by leading scholars from a wide range of disciplines. An invaluable resource for researchers and students alike.' - Daniel Jaffee, Portland State University 'Raynolds and Bennett have done a major service with this excellent Handbook, providing a sweeping overview of the past quarter century of fair trade work and research. The book offers wide-ranging insights from top experts concerned with theory and practice, and careful attention to fair trade's gains and losses. It will be of great interest to practitioners, activists, and scholars, and bound to be a cornerstone for the next phase of fair trade work and research.' - Gavin Fridell, Saint Mary's University, Canada Fair trade critiques the historical inequalities inherent in international trade and seeks to promote social justice by creating alternative networks linking marginalized producers (typically in the global South) with progressive consumers (typically in the global North). This unique and wide-ranging Handbook analyzes key topics in fair trade, illuminating major theoretical and empirical issues, assessing existing research, evaluating central debates and identifying critical unanswered questions. The first of its kind, this volume brings together 43 of the foremost fair trade scholars from around the world and across the social sciences. The Handbook serves as both a comprehensive overview and in-depth guide to dominant perspectives and concerns. Chapters analyze the rapidly growing fair trade movement and market, exploring diverse initiatives and organizations, production and consumption regions, and food and cultural products. Written for those new to fair trade as well as those well versed in this domain, the Handbook is an invaluable resource for scholars and practitioners interested in global regulation, multi-stakeholder initiatives, social and environmental certification, ethical labeling, consumer activism and international development. Contributors: C.M. Bacon, G. Balineau, L. Becchetti, E.A. Bennett, V. Bezencon, K. Brown, S. Brown, S. Castriota, P. Conzo, E. Davenport, B. Doherty, C. Getz , M.K. Goodman, N. Greenfield, A. Herman, A. Hughes, B. Huybrechts, J. Keahey, R. Le Velly, A. Linton, M.A. Littrell, W. Low, S. Lyon, R. Makita, A.M. Martin, H. Maryanski, M. McConway, G. Moore, T. Mutersbaugh, V. Nelson, L.T. Raynolds, D. Reed, M-C. Renard, R.A. Rice, L. Riisgaard, C. Rosty, A.M. Smith, S. Smith, D. Stevis, S. Suranovic, A. Tallontire, P. Utting, B.R. Wilson
Between the 1930s and the 1950s rural life in Europe underwent profound changes, partly as a result of the Second World War, and partly as a result of changes which had been in progress over many years. This book examines a range of European countries, from Scandinavia to Spain and Ireland to Hungary, during this crucial period, and identifies the common pressures to which they all responded and the features that were unique to individual countries. In particular, it examines the processes of agricultural development over western Europe as a whole, the impact of the war on international trading patterns, the relationships between states and farmers, and the changing identities of rural populations. It presents a bold attempt to write rural history on a European scale, and will be of interest not only to historians and historical geographers, but also to those interested in the historical background to the Common Agricultural Policy of the European Union, to which the changes discussed here provided a dramatic prologue.
This title was first published in 2000: United States economic assistance programs in Latin America have been frequently restructured during the course of the past four decades. This book examines the evolution of US aid to the region, describes and explains US aid to the region since 1960. Focus is placed on four successive initiatives, the Alliance of Progress for the 1960s, the New Directions Mandate of the 1970s, the Private Enterprise Initiative of the 1980s and the Democracy Initiative of the 1990s. Empirical examples of actual programs, drawn from primary source documents, are used to illustrate more general propositions. The primary objectives of this study are to describe and explain US assistance policy toward Latin America during the past four decades and account for changes in the aid regime over time. Such assistance is typically linked to either the developmental needs of recipient countries, or the economic interests of transnational corporations.
Examining institutions rather than themes, this critical book provides a comprehensive survey of the inter-relationship between trade-induced economic growth and the environment and its impact on the global quest for sustainable development. Focusing in particular on the interests and concerns of developing countries and the skewing of international environmental policies into justifications for trade protectionism Shawkat Alam argues that environmental protection issues are inextricably linked with the economic development of developing countries whilst offering arguments for reforming the current international trade and environmental paradigms. Covering contemporary developments on both a global and regional level in a systematic fashion and examining the United Nation's approach to sustainable development, this book is of interest to those studying in a range of disciplines, including development studies, environmental economics, the politics of international trade and environmental politics.
For several decades, social enterprises have been pioneers in the conception and implementation of a pathbreaking social innovation: Fair Trade (FT). Fair Trade Social Enterprises have created a movement which has challenged mainstream trading practices and offered development opportunities for disadvantaged producer groups in the South. Starting from a niche market aimed at convinced customers, FT has expanded and entered mainstream retailing outlets, growing in visibility and market share, while simultaneously experiencing diversification of its organization models. While pioneer Fair Trade Social Enterprises in the early years were largely nonprofit organizations relying on voluntary work, they have become increasingly diversified in terms of legal forms, governance models and organizational practices. These diversified models seem to reflect the hybrid nature of FT itself, through different ways of combining a commercial activity (trading of FT products), a social mission (support to producers), and an explicit or implicit political message (often expressed through education and advocacy). Based on the study of Fair Trade Social Enterprises across Europe, this book builds a typology of organization models for FT. Author Benjamin Huybrechts further examines how the different organization models combine the economic, social, and political dimensions of FT, and how they manage the possible tensions between these dimensions. Fair Trade Organizations and Social Enterprise proposes a range of theoretical approaches to interpret the diversity of Fair Trade Social Enterprises and offers concrete avenues for managing social enterprises and hybrid organizations in general.
This book sets out techniques for using general equilibrium numerical trade models and their application for both researchers and practitioners in governmental and international agencies. The chapters are connected by the broader theme of application of general equilibrium computational methods to a range of policy and other issues involving the global economy and international trade. They reflect a long evolution in method and application from the early 1970's until today.The chapters include procedures that allow a competitive equilibrium in international trade with tariffs to be calculated. Results of calculations of optimal tariffs with and without retaliation in a sequence of simplified two-good, two-country trade models are provided. A numerical general equilibrium model of international trade involving major world trading blocs (the United States, Japan, the EEC and the Rest of the World) is used to analyze the effects of alternative tariff-cutting formulae proposed by the major participants in the Tokyo Round negotiations under the GATT.
Many firms operate in complex legal environments where several
States may regulate the same activity against a background of
international law. International competition law has grown in
importance as national economies have become more integrated, at
the same time as national competition laws have proliferated and
enforcement efforts have been strengthened. This system is beset
with conflicts arising where States perceive that the way that
another country does or does not apply its competition law
adversely affects its interests. This book clarifies the nature and
origin of these conflicts, and explores possible ways to reduce
them.
A Basic Guide to International Business Law aims to give students an understanding as well as practical knowledge of legal problems arising in the area of international business, and to equip them with the skills needed to prevent and tackle these problems. All Chapters employ the same didactic structure. Introductory case studies, examples, annotated case law, glossaries, diagrams, summaries and exercises are all designed to familiarize students quickly with relevant aspects of international (business) law. A Basic Guide to International Business Law deals with the following topics: * Introduction to International Private Law and European Law * Legal aspects of negotiations * International contracts: matters of jurisdiction and the law applicable to these contracts * International contracts of sale * Competion law * Free movement of goods, workers, the freedom of capital and establishment and the freedom to provide services * International payments * Carriage of goods by road and sea * Incoterms * Entry modes (agents, representatives, distributors, licensing, franchising)
What role does the EU play in WTO trade negotiations? What are the implications for the EU of the expansion of the international trade agenda that has taken place in the last fifteen years? The European Union and Multilateral Trade Governance examines the EU's role in global economic governance and the negotiations of the Doha Round. The book provides a comprehensive overview of the EU's role in the Doha Round of multilateral trade negotiations. The empirical study is grounded in a theoretically driven discussion, in order to understand trade politics dynamics in the present international economic system. By providing both conceptual and empirical arguments, the volume provides an innovative perspective on the analysis of the EU as a global economic influence. The European Union and Multilateral Trade Governance will be of interest to students and scholars of European Union politics and international political economy.
These two volumes survey the most important scholarly writings in economics and political science that explain the drivers and constraints to freer world trade. This authoritative collection, with contributions by leading academics, includes seminal studies that have changed the course of thinking about international trade over past centuries and considers both pro free trade and anti free trade arguments. Along with an original introduction, the editors have also selected a few non-academic pronouncements that have shaped popular views about free trade. This collection will be of immense value to anyone with an interest in the economics of free trade and will serve as an excellent reference source to students and academics. |
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