In Global Trade and Social Issues leading academics and NGO workers offer a much-needed counterweight to the liberal consensus. A critical reflection on the whole project of restructuring world trade, this is essential reading for those working in international political economy, development studies, international relations and environmental studies.

This book answers the recently topical questions of how China's processed trade affects the trade of Southeast Asia. What is Southeast Asia's role in Factory Asia, the region's complex of cross-border supply chains? What is Southeast Asia's involvement in building or joining production networks in the region? And, most important, how can Southeast Asia increase the value added of its products and improve its competitiveness? This book provides rigorous analysis of how trade policy affects value added, highly disaggregated at the firm and product level, of the six Southeast Asian countries - Indonesia, Malaysia, the Philippines, Singapore and Viet Nam - and combines this with thorough examinations of their trade, industrial and labour policies.

The growth of world trade has been stagnant in recent times; trade liberalisation now has been challenged. The recent rise of anti-globalisation calls for a better integration in East Asia. How should East Asia manage its openness? This book provides profound analyses on rules of origins, non-tariff measures, restrictiveness in services and investment. It gives insight into how East Asian countries should shape its trade, investment and industrial policies. This book helps to answer what kind of a better integration it should be, and how East Asia can realise it. "The Open Access version of this book, available at http://www.taylorfrancis.com/books/10.4324/9780429433603, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license."

From the time of Cook, the British and their Canadian successors were drawn to the Northwest coast of North America by possibilities of trade in sea otter and the wish to find a 'northwest passage'. The studies collected here trace how, under the influences of the Royal Navy and British statecraft, the British came to dominate the area, with expeditions sent from London, Bombay and Macau, and the Canadian quest from overland. The North West Company came to control the trade of the Columbia River, despite American opposition, and British sloop diplomacy helped overcome Russian and Spanish resistance to British aspirations. Elsewhere in the Americas, the British promoted trans-Pacific trade with China, harvested British Columbia forests, conveyed specie from western Mexico, and established the South America naval station. The flag followed trade and vice versa; empire was both formal (at Vancouver Island) and informal (as in California or Mexico). This book features individuals such as James Cook, William Bolts, Peter Pond, and Sir Alexander Mackenzie. It is also an account of the pressure that corporations placed on the British state in shaping the emerging world of trade and colonization in that distant ocean and its shores, and of the importance of sea-power in the creation of modern Canada.

The history of the economic contacts between Asia and Europe dates back to at least the early years of the Common Era. But it was only after the overcoming of the transport technology barrier to the growth of trade between the two continents following the discovery by the Portuguese at the end of the 15th century of the all-water route to the East Indies that these contacts became regular and quantitatively significant. The Portuguese were joined at the beginning of the 17th century by the Dutch and the English East India companies. The Europeans operated in the Indian Ocean alongside the Indian and other Asian merchants with no special privileges being available to them. The present collection of essays by Professor Om Prakash first deals with the Indian merchants' participation in the Indian Ocean trade on the eve of the Europeans' arrival in the Ocean. The subsequent essays include a discussion of the Portuguese involvement in the Euro-Asian and the Indian Ocean trade. Attention is then turned to the trading activities of the Dutch and the English East India companies. The volume also contains essays on textile manufacturing and trade as well as on coinage and wages in India. The concluding essay deals with trade and politics in the province of Bengal.

This book examines the subtle ways in which rhetorics of sacrifice have been re-appropriated into the workings of the global political economy in the 21st century. It presents an in-depth analysis of the ways in which ritual practices are deployed, under a diverse set of political and legal contexts, as legitimation devices in rendering exploitative structures of the prevailing political-economic system to appear inescapable, or even palatable. To this end, this work explores the deeper rhetorical and legal basis of late-capitalist governmentality by critically interrogating its mythical and ritual dimensions. The analysis gives due consideration to the contemporary incarnations of ritual sacrifice in the transnational neoliberal discourse: from those exploitative yet inescapable contractual obligations, to calendrical multi-billion dollar 'offerings' to the insatiable needs of 'too-big-to-fail' corporations. The first part of the book provides a working interpretative framework for understanding the politics of ritual sacrifice - one that not only accommodates multidisciplinary, interdisciplinary knowledge of ritual practices, but that can also be employed in the integrated analysis of sacrificial rituals as political rhetoric under divergent historical and societal contexts. The second conducts a series of case studies that cut across the wide variability of ritual public takings in late-capitalism. The book concludes by highlighting several key common doctrines of public ritual sacrifice which have been broadly observed in its case studies. These common doctrines tend to reflect the rhetorical and legal foundations for public takings under hegemonic market-driven governance. They define 'appropriate and proper' occasions for suspending pre-existing legal protections to regularize otherwise transgressive transfers of rights and possessions for the 'greater good' of the economic order.

Against the backdrop of growing anti-globalisation sentiments and increasing fragmentation of the production process across countries, this book addresses how the Indonesian economy should respond and how Indonesia should shape its trade and industrial policies in this new world trade environment. The book introduces evaluation not on tariffs but on new trade instruments such as non-tariff measures (SPS, TBT, export measures and beyond border measures), and looks at industrial policies from a broader perspective such as investment, accessing inputs, labour, services, research and innovation policies.

Originally published in 1917, this book is an investigation of industrial and social conditions in the British West Indies in the effort to reach a better understandinf of the part those islands played in the growth and dissolution of the British empire, including chapters on white labor in the sugar islands, the slave trade, and foreign markets for British sugar.

First published in 1997, this volume contributes to the knowledge for the trade of vegetables, fruits and tubers (so-called horticultural commodities). As African policy makers try to keep pace with new developments in private food trade, they require knowledge of the structures of private trade systems and the factors that govern their long-term development. The study analyses the structure and development of horticultural marketing channels in Kenya. It is based primarily on surveys of some 500 farmers in four districts and 750 horticultural traders in 18 market places. Commercial horticultural farmers, domestic traders, export traders, agents, facilitators, marketing cooperatives and processors are all reviewed. The study devotes special attention to the efficiency of collecting wholesalers, and to the development of rural assembly markets. It develops a model which can elucidate vertical differentiation processes in the Kenyan horticultural channels. The analyses show that marketing channel theory can be of great relevance to the developing world. The proposed vertical differentiation model can aid in predicting future changes in horticultural marketing systems, in Kenya as well as in other African countries.

Published in 1997, this book is about the link between trade and the environment which has become a very important national issue for all countries, in particular, those countries which have been undergoing lengthy periods of trade and investment liberalization programmes recently. This has also become an international issue of tremendous current interest given its implications on the global environment and trading system. International organizations such as WTO, OECD, the UN and regional trading arrangements such as NAFTA, EEC and APEC have been actively involved in the policy debate. Despite the critical importance of trade-environment issues, less is known about the linkages between the two. This book presents a New Zealand perspective as a case-study of global interest for two reasons: firstly, many countries, both developed and developing, are taking the New Zealand economic reforms as a model for restructuring their economies. Secondly, New Zealand is going to become a member of APEC (Asia Pacific Economic Co-operation), together with 17 other countries in the area by 2010 (developed countries) and 2020 (developing countries). The book is expected to contribute significantly to the current debate and to assist in the process of reconciliation of trade and environmental policies for sustainable development within the context of APEC integration.

China proposed the Belt and Road Initiative in 2013 to improve connectivity and cooperation on a transcontinental scale. This study, by a team of World Bank Group economists led by Michele Ruta, analyzes the economics of the initiative. It assesses the connectivity gaps between economies along the initiative's corridors, examines the costs and economic effects of the infrastructure improvements proposed under the initiative, and identifies complementary policy reforms and institutions that will support welfare maximization and mitigation of risks for participating economies.

Originally published in 1997, Issues in International Capital Mobility addresses a few of the ambiguities arising in empirical investigations of capital market openness. It does this by taking existing empirical approaches and adapting them to new markets and to new assets. It also examines the properties of one statistical method used to assess the extent of international capital mobility. This book will appeal to those working or studying in the field of economics and finance.

First published in 1999, this volume applies Professor Michael Porter's diamond framework (1990) to the Turkish glass, construction, leather clothes, automobile and flat steel industries. OEzlam OEz aims primarily to contribute towards an improvement of this framework, and thus towards a better understanding of the sources of competitive advantage. Her research presents a new approach to evaluate the competitiveness of the Turkish economy, given that alternative studies usually focus on factors like exchange rates and the cost of labour and raw materials as the determinants of competitive advantage. The author begins her book by providing an evaluation of the diamond framework linked to the debate created by the publication of The Competitive Advantage of Nations. She then identifies the pattern of advantage in Turkey by specifying the internationally competitive industries and clusters. This is followed by a detailed examination of the five Turkish industry case studies - glass, construction, leather clothes, automobile and flat steel industries. The findings are generally supportive of Porter. The results suggest, however, several major areas in the framework - especially domestic rivalry and the role of government - where one or more of the Turkish cases question Porter's hypothesises. The book ends with the implications of the study for the sources of competitive advantage in general and for the Turkish economy in particular. Porter and his diamond framework are both unquestionably influential. Improvements upon it forwarded in this book will be of use to academic readers as well as strategic planners and policy makers.

The Political Economy of Middle East Peace looks at the political economy of the Middle Eastern peace process with a focus on the politics of trade. Contributors investigate the ways new commercial alliances develop as a result of economic agencies established via the Arab-Israeli peace process and look at institutions which contribute to redirection of Arab intra- and inter-regional trade, such as the Palestine Monetary Authority, the Middle East Development Bank and free trade zone agencies in Aquaba and Dubai.

First published in 1998, the objective of this book is to provide a detailed examination of steel production, consumption and trade in East Asia. Specifically, it addresses steel trade and investment environment in East Asia and forecasts steel price movement in the future. In addition, a major focus in this book is the investigation of the metals industry in China, Asia's emerging steel giant. Finally, one chapter of the book also documents the resource sector in Western Australia, one of the world's major sources of iron ore. Rapid economic growth over the past decade has significantly changed the gravity of Asia in the world economy. This trend has particularly been strengthened by the awakening giant, China, whose economy has been growing continuously at a two-digital rate since the late 1970's. Asian countries together have now consumed as much as steel as the developed economies. As a result, Asia as a region has become the key to the expansion of the global steel industry in the future.

Despite the long history of international economic activity and the dominant role of Dutch MNEs in the world economy there has been relatively little academic research in the area. This book explores issues such as:
* What historical precedents underlie the character of Dutch MNE activity
* How and why the technological specialisation of the Dutch economy and its firms has evolved to its current state
* The changing FDI activity of Dutch MNEs
* The strategic aspects of Dutch MNE activity in terms of location and R&D
* The implications for Dutch MNEs of globalisation and economic integration
Comprehensive in its coverage, this book will be of great interest to students and researchers in international business.

This study examines issues of trade policy in the light of the experience of developing Asian economies. Case studies highlight rapidly unfolding issues in trade and development, with reference to Sri Lanka, Malaysia, India, Indonesia, Pakistan, South Korea, Taiwan and Thailand. The issues explored include trade liberalization and industrial adjustment, employment and equity outcomes of export-oriented industrialization, the impact of structural adjustment reforms on savings and investment, the role of foreign direct investment in export expansion, problems involved in the use of inter-industry linkages as policy criteria under export-oriented industrialization and the role of world market conditions in determining export success. Prema-chandra Athukorala offers an overview of the evolution of post-war thinking on trade and development, followed by ten self-contained case studies, each of which focuses upon a specific policy issue. The author draws upon current theory and methodology and demonstrates the policy implications of his findings. Two key concerns which guide the empirical analysis throughout are the interconnection between theory and practice and the choice of analytical

This is the first comprehensive and updated study of the Arab economic boycott of Israel to be published since it started to disintegrate in the aftermath of the Madrid Conference of 1991. Gil Feiler explains the evolution and development of the boycott, which was first formally imposed by the Arab League in 1946, even before the State of Israel formally came into existence, and examines all aspects - including the theory, practice and legality - of the longest-lasting example of economic sanctions in the twentieth century, as seen from the American, Arab, European and Israeli perspectives. He also looks into the prospects of the slowly developing reality of economic relations and cooperation between Israel and its neighbours which has accompanied the Middle East peacemaking process.
As well as its broad horizons, one particular value of this study is that it is based in part on Arab archival material and recent documents, as well as on interviews with a wide range of personalities who were involved with the various aspects of the boycott over the years. As an academic who specializes in Middle East economics, as well as the director of a firm that deals both with Middle East market research and actual economic contacts in the region, Dr Feiler is well equipped to present and analyze the phenomenon of the boycott and its significance. All students of the Middle East conflict, economic sanctions and contemporary history will find this book invaluable.

This volume is a detailed account of the evolution and theory of multinational trading companies. In the history of multinational business, trading companies have played an especially significant and strategic role which continues until the present day, when Japan's "sogo shosha" and giant commodity traders feature among the world's largest businesses. However, the origins and strategies of multinational trading companies are little known compared to those of manufacturing multinationals. The book features contributions from an international selection of US, European and Asian economists and business historians which demonstrate the importance of trading companies in trade and investment flows in the world economy from the 19th century to the late 1990s. The authors adopt evolutionary and comparative perspectives to examine diversification strategies and organizational structures. This study contributes to our knowledge of the history and theory of international business.

This volume approaches the history of Japanese-German relations from a business history perspective. Starting with an overview of Japanese-German relations which focuses on the environment, strategies and forms of inter-firm relations, Akira Kudo then uses case studies to provide a broader picture, before finally considering strategy, organizational strategy and technology and management transfer in the light of problems identified earlier. All the case studies are chosen to meet specific criteria which allow the author to move from individual details towards a broader picture and thus provide a history of Japanese-German business relations during the Inter-war years.

An international team of contributors argues in this book that a policy of cheap labour, combined with currency devaluation, is no longer sufficient for export success. Through a series of case studies of firms in the textile, garment and electronic industries of five Asian economies - Korea, Taiwan, Thailand, Indonesia and Vietnam - they set out to demonstrate that, to sustain competitiveness, learning and capability formation are essential. Among the main findings of these case studies are that growing international competition and rising labour costs have reduced the time that new entrants into a market have for enjoying wage and cost advantages; that there are no fixed formulas or sequences in technology-capability formation for firms to become successful exporters of manufactured goods; that continuous innovation in product design, production processes, management routines, marketing, and the organization of production are the basis for competitiveness in all industries and in all countries; that learning and internalization of knowledge are crucial to acquiring the technological know-how to break into export markets and then maintain market share; and that domestic demand is

Originally published in 2004. This comprehensive collection provides an innovative analysis and a comparison between economic and financial integration in Europe and Latin America, addressed from a global, regional and country-specific perspective. It constitutes a valuable overview focusing on three topics: regional integration and monetary cooperation in Europe and Latin America, exchange rate strategies and financial sector structure. The collection is the outcome of a Workshop and high-level Seminar organized by the Banco de Espana and the European Central Bank that brought together senior European and Latin American central bankers, as well as senior representatives from international institutions. The 31 contributors presented high quality papers, allowing the reader to take advantage of a rigorous economic analysis that uses first-hand information and draws useful lessons for the future.

Timely and accessible, this is the only available comprehensive review of the goals, operation, and history of the U.S. antidumping laws coupled with a strategy for using those laws to promote U.S. trade policy and economic objectives in the post-Uruguay Round World.

Mastel, a former congressional adviser to U.S. trade negotiators, brings a unique expertise to the subject, having been involved in the creation and the analysis of the laws. He brings fact to bear on the sometimes heated debate over the merits of antidumping laws and the impact of the Uruguay Round upon U.S. antidumping laws.

Thoroughly documented, the book features charts and international case studies (including the steel, electronics, ball beatings, cement, and agricultural products industries) the at resent the historical and economic record of U.S. antidumping laws. In addition, the complete text of the Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994 is conveniently reproduced in the appendix.

This volume reviews the goals, operation, and history of American antidumping laws coupled with a strategy for using those laws to promote U.S. trade policy and economic objectives in the post-Uruguay Round GATT talks.

As a participant in and negotiator of NAFTA and the World Trade Organization, Thomas A. Hockin provides a unique insider's look at the political challenges to free trade and U. S. trade policy. In this timely and important book, Hockin explores the fragile ecosystem of multinational trade alliances in the face of insurgent political protests from both the left and the right. The American Nightmare takes a close look at WTO obstacles such as the failure of member countries to follow dispute settlement arrangements; the conflict surrounding the membership of China; and, the mercurial administration of trade law in the U.S. Hockin makes a convincing case for the current incoherence of American trade policy, warning of a possible collapse of the world economy if the WTO's ability to settle disputes becomes further frustrated. With lucid analysis of the systemic problems involved in free trade and thoughtful possible solutions to them, The American Nightmare is a clarion call for policy makers and a thought provoking read for those of us on the sidelines.