The current restructuring of the world-economy under global capitalism has further integrated international trade and production. It thus has brought to the fore the key role of commodity chains in the relationships of capital, labor, and states. Commodity chains are most simply defined as the link between successive processes of manufacturing that result in a final product available for individual consumption. Each production site in the chain involves organizing the acquisition of necessary raw materials plus semifinished inputs, the recruitment of labor power and its provisioning, arranging transportation to the next site, and the construction of modes of distribution (via markets and transfers) and consumption. The contributors to this volume explore and elaborate the global commodity chains (GCCs) approach, which reformulates the basic conceptual categories for analyzing varied patterns of global organization and change. The GCC framework allows the authors to pose questions about development issues, past and present, that are not easily handled by previous paradigms and to more adequately forge the macro-micro links between processes that are generally assumed to be discretely contained within global, national, and local units of analysis. The paradigm that GCCs embody is a network-centered, historical approach that probes above and below the level of the nation-state to better analyze structure and change in the contemporary world.

In 1573, 712 bales of Chinese silk arrived in New Spain in the cargos of two Manila galleons. The emergence and the subsequent rapid development of this trans-Pacific silk trade reflected the final formation of the global circulation network. The first book-length English-language study focusing on the early modern export of Chinese silk to New Spain from the sixteenth to the seventeenth century, An Object of Seduction compares and contrasts the two regions from perspectives of the sericulture development, the widespread circulation of silk fashion, and the government attempts at regulating the use of silk. Xiaolin Duan argues that the increasing demand for silk on the worldwide market on the one hand contributed to the parallel development of silk fashion and sericulture in China and New Spain, and on the other hand created conflicts on imperial regulations about foreign trade and hierarchical systems. Incorporating evidence from local gazetteers, correspondence, manual books, illustrated treatises, and miscellanies, An Object of Seduction explores how the growing desire for and production of raw silk and silk textiles empowered individuals and societies to claim and redefine their positions in changing time and space, thus breaking away from the traditional state control.

What policies are feasible today and likely to be effective in developing markets and reforming agricultural trade in the 1990s? Outstanding scholars from several disciplines and from various countries evaluate the major alternative policies and principal scenarios for regional trade and market development in the current global economic and political environment. This text assesses prospects for a marketplace strategy of agricultural development, revealing a considerable range of opinion on the subject. Students, scholars, institutional analysts, and policymakers concerned with international political economics, agricultural policy, international trade, the politics of developing countries, and U.S. foreign policy will find this a practical guide for understanding the critical role of public policy in the organizing of efficient markets. This study points to the potential impacts of policy reforms in the USSR, Eastern Europe, and developing nations; describes current practices in agricultural trade development; offers regional perspectives on agricultural trade and market development; and outlines a broad range of opportunities and initiatives that may arise in the coming years. This useful survey and expert assessment ends with a brief listing of some of the most important and useful materials for understanding the critical issues and opportunities confronting the United States in the next few years in the areas of agricultural trade and market development.

There are many textbooks devoted to international trade but few volumes that survey trade theory, policy, and negotiations in a concise, up-to-date manner from an interdisciplinary perspective. This book provides a comprehensive overview of the issues that dominate both academic discourse and the policymaking arena in the field of international trade, bringing to bear the insights of economics, law, and political science. It also stands out by virtue of its emphasis on the development implications of trade, an increasingly useful perspective given the deepening liberalization of developing and emerging market economies and their growing importance in the world economy. The volume examines the full range of trade policy topics that dominate contemporary debates, such as rules of origin, trade in services, competition, public procurement, and trade facilitation, plus emergent controversial topics like trade-related labour standards and environmental issues. It analyses the international trade architecture and the institutional and practical aspects of policymaking and negotiations at the unilateral, multilateral, and regional level, as well as the effects of trade on economic growth, inequality, and poverty. It also explores the sharp increase in the number of preferential trade agreements and their significance for the global trade system. The treatment of each issue is rigorous, yet highly accessible to anyone with a basic background in economics, law, and international political economy.

All of the papers included in this volume were presented at a conference held at Lancaster University and were subsequently revised in the light of the comments received from Professor Bhagwati and others. The material in the essays is easily accessible to both professional economists and policy-makers. This volume brings together ten essays on topical issues in international economics. Written by experts in the relevant fields each of the essays reviews the current debate on chosen issues and provides a basis for further research. Each of the essays relate to policy issues on which Professor Bhagwati has written extensively.

This edited collection brings together an impressive array of authors from the world of international trade, the environment and public health. Each of them is eminently well-placed to bring their own particular expertise to bear on the issue at hand, and to do so in a knowledgeable and stimulating manner. This Research Handbook is a must for anyone interested in these overlapping fields of law and policy whether as a basis for learning or as a resource for further research.' - Mary Footer, University of Nottingham School of Law, UK'This fantastic collection of essays explores the multiple intersections between trade and environment in the WTO. The contributions by leading scholars are theoretically engaged whilst practical in their focus. It is a 'must read' for those concerned to ensure that trade liberalisation does not stand in the way of sustainable development, including urgently needed action to mitigate the risks and consequences of climate change.' - Joanne Scott, University College London, UK 'Geert Van Calster and Denise Prevost have managed to induce virtually all the great experts on health, environment and WTO law to contribute to their Research Handbook on these subjects. The result is undoubtedly an excellent volume that should adorn the bookcase of any and all interested in the important problem of the relation between international rule-making and regulatory autonomy of states in this area of international economic law.' - Pieter Jan Kuijper, University of Amsterdam, The Netherlands This Handbook provides state-of-the-art analysis by leading authors on the links between the international trade regime and health and environment concerns - concerns that make up an increasing proportion of WTO dispute settlement. Research Handbook on Environment, Health and the WTO surveys fields as diverse as climate change mitigation, non-communicable diseases, nanotechnology and public health care. The volume brings to the fore the debates and complexities surrounding these issues and their implications for the international trading system. The Handbook begins in Part I with a survey of general issues that sets a context for the more specific sectorial studies. Part II considers the most pressing issues within health regulation and trade law, whilst Part III is devoted to environmental regulation and its interface with trade law. Part IV looks specifically at aspects of the dispute settlement process and in particular standard of review, and the book concludes in Part V with a consideration of the impact of trade measures on the health and environment regimes of emerging economies. This comprehensive yet concise Handbook will appeal to academics and researchers in international trade law and environmental law, as well as trade law practitioners. Contributors include: A. Accuri, A. Alemanno, J. Atik, H. Baumuller, M. Burnier, T. Cottier, K. Das, J. De Cendra De Larragan, P. Delimatsis, M. Echols, T. Epps, M. Footer, L. Gruszczynki, A. Herwig, C. Joerges, B. Mercurio, P. Morrisson, L. Nielsen, J. Pauwelyn, J. Peel, D. Regan, L. Rubini, D. Shabalala, N. Shariff, T. Voon, D. Wirth, Z. Zhang

Subsidies and countervail have been the subject of much attention in recent decades. In this book, the editors have selected seminal contributions to the literature on the economics of subsidies and countervailing duties in international trade, their role in trade agreements and their treatment in the GATT/WTO system.

This book illuminates the decision-making process of the U.S. Senate by examining the Trade Agreements Act of 1979. The purpose of Jerome's study is threefold: first, to discuss the legislative process dealing with the act, and thereby to document the particular nature of Senate decision-making. Second, the author reviews current decision-making theories and examines various points of his case study to see how reality conforms with the theories. Finally, he suggests revisions of the decision-making theories. Jerome creates three broad theoretical categories to analyze the Senate decision-making process: The first stresses a structural approach; the second emphasizes factors that influence the decision; and the third emphasizes specific behavioral patterns. Over the course of the decision-making process, the author argues, no one dimension is necessarily more important than another. He develops a model that views the process as a time line or braided rope with each of the three dimensions comprising one cord of the rope. By slicing through this rope the decision process can be examined at various points, emphasizing the strengths and weaknesses in each of the individual theories. Because Jerome's conceptual framework is based on an insider's perspective, his work will be of considerable interest to political scientists studying decision-making theories and the legislative process. Economists interested in trade policy will also find this book useful.

This textbook explains the politics of free trade agreements in Japan and South Korea. Examining free trade agreements in Japan and South Korea since the late 1990s, Choi and Oh analyze the role of institutions, political leaders, sectoral interests, and civil society in placing the two countries on alternate paths of free trade agreements at different points in time. Systematically approaching the politics of free trade agreements from each perspective, they expose the domestic political underpinnings of free trade agreements in a global trade order that is increasingly fraught with conflict. A valuable textbook for students of international political economy and international trade in East Asia, particularly those focusing on Japan and South Korea. It's also a useful resource for scholars and policymakers looking to better understand trade politics in East Asia.

As the United States slowly disengages from the Middle East and Europe faces internal challenges, a new actor is quietly exerting greater influence across North Africa: China. Beijing's growing footprint in North Africa encompasses, but is not limited to, trade, infrastructure development, ports, shipping, financial cooperation, tourism and manufacturing. It is continuing to expand its co-operation with North African countries, not only in the economic and cultural spheres, but also those of diplomacy and defence. This engagement with North Africa relates to the key aim of President Xi Jinping's Belt and Road Initiative (BRI), which wants to connect Asia, Africa and Europe and sees potential in North Africa's strategic geographic location. This book is the first to analyse China's role in North Africa. It comprises of five leading country experts - Anouar Boukhars, Yahia Zoubir, Sarah Yerkes, Tareki Magresi and Nael Shama - who examine the various socio-economic, political and security aspects of China's relationship with Algeria, Morocco, Libya, Tunisia and Egypt. The book explores how China is displaying a development model that seeks to combine authoritarianism with economic growth, a model and that has an eager audience among regimes across the MENA region. It reveals how the China-North Africa relationship fits within the broader dynamics of increasing China-US rivalry. In doing so, contributors explain why China's growing role in North Africa is likely to have far-reaching economic and geopolitical consequences for both countries in the region and around the world.

Trade, especially international trade, is an important component of business that can be instrumental to the prosperity of a country or region. The various economic expansions into the South American region, in particular, have become increasingly scrutinized for their industrial and capital policies and how they impact the local communities as a whole. Open and Innovative Trade Opportunities for Latin America and the Caribbean is a collection of innovative research on the methods and applications of international trade relations within Latin American countries. While highlighting topics including international relations, local governance, and global economics, this book is ideally designed for entrepreneurs, government officials, business owners, researchers, policymakers, academicians, students, and international business professionals. Topics Covered The many academic areas covered in this publication include, but are not limited to: Bilateral Relationships Business Partnership Business Policy Foreign Policy Global Business Global Economics International Relations International Trade Local Governance Social Development

The regulation of foreign investment represents one of the most topical and controversial subjects in European Union law and international investment law. EU foreign investment law is emerging as a critically important issue, particularly since the introduction of EU competence over foreign direct investment after the Lisbon Treaty and the recent successful challenge of the compatibility of Member States Bilateral Investment Treaties with EU law. Within this framework, the book sets out to identify whether and to what extent the EU has become an international actor in the field of foreign investment. Exploring the existing legal framework on the scope and exercise of EU competence and its legal effects, it examines the foundations upon which EU investment policy is based and will be based in the future. The book addresses questions relating to the definition of foreign investment; the scope of EU competences; the exercise of EU powers; the substantive content of existing and future EU International Investment Agreements; and the objectives of EU investment policy and its EU law effects. From this grounding, the study widens to scrutinize the influence that the EU exerts on international law and regulation of foreign investment. Paying careful attention to the substantive content and orientation of EU International Investment Agreements, the book takes a comparative approach to the content of Bilateral Investment Treaties, as well as to the ramifications of EU foreign investment regulation for international law, especially with regard to the EU's international responsibility. Taking into account the recent developments in the field, this book provides the first comprehensive treatment of the legal, practical, and political concerns that the creation of an EU common investment policy creates.

Origin Management describes a holistic approach that allows internationally operating companies to benefit from reduced import duty rates within Free Trade Agreements (FTAs). Through the creation of a single, auditable, and global platform, companies are enabled to successfully claim preferential origin and sustain, review and audit preferential treatment claims. Seeking to provide a comprehensive treatment of origin management for a professional audience, this book outlines the underlying theoretical concepts and legislative frameworks, and presents practical implications and guidelines for a successful origin management program as part of a strategic sourcing initiative. The authors advocate an approach that involves sharing and distributing information and resources throughout the company and the supply chain, resulting in competitive advantages, synergies, and a central information point for all origin associated issues.

This timely book addresses the interaction between policies addressing climate change and the rules of the WTO. The authors expertly examine the law and economics behind the application of trade rules in the area of climate, including the implications of WTO rules for domestic climate measures, the unilateral use of trade measures to attempt to force other countries to take climate action, and the role of trade measures in multilateral climate agreements. The book argues that while there is a possibility of conflict between international trade rules and progress on climate change, it need not be the case. Thus the major focus is on the ways in which trade measures can aid in addressing climate change.

This is an open access title available under the terms of a CC BY-NC-ND 3.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. The World Trade Organization (WTO) is often accused of, at best, not paying enough attention to human rights or, at worst, facilitating and perpetuating human rights abuses. This book weighs these criticisms and examines their validity, incorporating legal arguments as well as some economic and political science perspectives. After introducing the respective WTO and human rights regimes, and discussing their legal and normative relationship to each other, the book presents a detailed analysis of the main human rights concerns relating to the WTO. These include the alleged democratic deficit within the Organization and the impact of WTO rules on the right to health, labour rights, the right to food, and on questions of poverty and development. Given that some of the most important issues within the WTO concern its impact on poor people within developing States, the book asks whether rich States have an obligation to the people of poorer States to construct a fairer trading system that better facilitates the alleviation of poverty and development. Against this background, the book examines the current Doha round proposals as well as suggestions for reform of the WTO to make it more 'human rights-friendly'.

This book questions what enduring lessons have been learnt about the interdependence of international trade and economic development during the last 50 years. Since the end of the Cold War and the advent of the WTO, developing countries have been forced to face the choice of whether, and to what extent, to integrate economically with the rest of the world. The key issue of international political economy is emphasized. The authors argue that while integration through trade has become increasingly necessary for successful development, it rapidly encounters a series of problems that remain to be resolved. These range from increasing inequality and instability, the vagaries of WTO rules, persistent agricultural protection in developed countries, through to inadequate finance and new waves of technological innovation. Underlying all these concerns, however, is the deeper question of how much the developing countries can influence the setting of the rules of the international system. Trade and Development examines all the major topics in the area of trade and development, along with proposals for new directions for UNCTAD. The book will be of great interest to academics, researchers, NGOs and policymakers involved in international and development economics.

This book presents a comprehensive analysis of contemporary issues in international trade and economic development. Emphasising the significance of economic development within policymaking, the book covers important issues like the provisioning of public goods, its implication in a liberalised regime, crime and corruption, skilled–unskilled wage inequality, income distribution and unemployment, environmental regulation and role of educational capital and informal sector. The volume deals with the impact that different aspects of international trade and investment are likely to have on the above-mentioned areas. The essays, written to honour the memory of Professor Sarbajit Chaudhuri, also examine topics that focus on public policy related to immigration of skilled workforce, political resistance and political compulsions that a democratic government might face in keeping with its commitment to tariff reforms, gender wage gap and issues related to globalisation, income distribution and unemployment. The book will be of invaluable interest to postgraduate students, scholars and researchers of development economics, international economics and labour economics and to those working on theoretical research on applications of general equilibrium trade models in developing countries.

Despite the regional currency crisis of 1997-1998, Asia-Pacific economies continue to be among the most attractive markets in the world. Japanese, American, and European firms have invested heavily in the past decades, and now are positioning themselves to take advantage of the post-Asian recovery, phenomenal Chinese growth rates, and deepening economic liberalization. This pathbreaking work focuses on understanding the market and nonmarket strategies employed by Japanese firms to boost their share of the developing Asian market and to rally the Japanese government in support of their initiatives. In addition to advancing a novel theoretical framework to analyze strategy, the book contains an overview chapter focuses on Japanese investment and trade trends in Asia and original case studies of the banking, automobile, telecommunications, chemical, software, and electronics sectors that provide insight into winning strategies in Asia.

After the 2008-9 global financial crisis, reforms to promote stability, social inclusion, and sustainability were promised but not delivered. As a result, the global economic situation, marred by inequality, volatility, and climate breakdown, remains dysfunctional. Now, the economic fallout from the Covid-19 pandemic offers us a second chance. Kevin Gallagher and Richard Kozul-Wright argue that we must grasp it by implementing sweeping reforms to how we govern global money, finance, and trade. Without global leaders prepared to boldly rewrite the rules to promote a prosperous, just, and sustainable post-Covid world economic order - a Bretton Woods moment for the twenty-first century - we risk being engulfed by climate chaos and political dysfunction. This book provides a blueprint for change that no one interested in the future of our planet can afford to miss.

This book is a multidisciplinary analysis of cultural, regional and economic factors affecting international food trade. Contributions from expert authors illuminate the importance of food culture prevailing in the market as a basis for decisions about food trading. Central concepts include value chains, conventions and public infrastructure and their importance for international trade. The reader is taken into a discussion about cultural and economic contexts which influence local decisions among buyers and manufacturers of seafood and how those contexts mutually influence trade between countries. Chapters investigate the trading pattern of codfish (Bacalao), between Nordic and Iberian countries and discuss how business relations are created and structured. The driving forces behind such patterns and how business relations become habits which are hard to change, are revealed through the research presented. As a multidisciplinary work, this book will have broad appeal. It will be of interest to those exploring cultural, economic and public policy issues associated with food trade, as well as anyone with an interest in the seafood market or the Nordic and Iberian regions.

International Trade and Transportation Infrastructure Development: Experiences in North America and Europe examines the impact of trade agreements, such as the North American Trade Agreement (NAFTA) and the European Union Customs Union, and their relationship to transportation systems and infrastructure in member countries. It analyzes historical trade by mode, evaluating modal shifts due to trade policy and disputes, and their implications for all involved nations. This book also examines both supply and demand trends, reviewing transportation processes, and the stakeholders involved. Capacity development, funding mechanisms, and operational characteristics of each mode are detailed in relation to the policies that influence them. The book reviews recent trends and the impact of disruptive technologies, as well as future potential regulatory changes, with relation to upcoming infrastructure plans, project funding, and operations. This book is an ideal reference for transportation practitioners involved in planning, feasibility studies, consultation and policy for international transportation systems or infrastructure. Academic researchers and graduate students in transportation planning, international relations, and trade will also find this book useful.

With its virtually universal treaty network and its binding dispute settlement mechanism (DSM), has the World Trade Organization (WTO) become a legalizedA" international organization? To a large extent, the positive effect of the move to a higher level of legalization in the WTO is commonly acknowledged. Nevertheless, contrary to the high expectations of trade 'legalists', empirical studies suggest that the policy goal of trade liberalization cannot always be achieved by the functioning of the WTO legal system. Indeed, legalization at the international level often affects domestic systems in ways that are not only unintended, but often provoke unanticipated reactions. This incisive new study analyzes the proliferation of legalization in the WTO and two vital aspects of its consequences. The author illustrates the rise of legalization in the trade regime by examining the pragmatic process of legalization and its consequences in the field of anti-dumping. She particularly sketches the historical development of legalization in the multilateral anti-dumping framework by identifying significant events which illustrate the increased obligation, greater precision, and stronger delegation in the regime. She then explores the impact of international legalization on the EU's anti-dumping regime and China's dispute settlement activities in this area since the country's relatively recent accession. She demonstrates that, even after decades of legalization, domestic anti-dumping investigations often fail to fulfil the expectations of global legalists, and that the results of those investigations are not always challengeable in the DSM. The author's focus brilliantly illuminates two features of the role of legalization played in the development of the WTO system that are widely discussed: (1) the correlation between legalization in GATT/WTO law and corresponding changes in domestic policy-making, policy administration, and judicial review; and (2) the impact of legalization on the utilization of the DSM to settle disputes in particular subject areas. Concluding that the evolution of the GATT/WTO system is an illustrative example of the phenomenal rise of legalization in international organizations, the book is a valuable contribution to the broader debate of 'constitutionalization' in the international economic law literature. This is the first study to systematically analyze the rise of legalization in the WTO and its impact on domestic systems in this context. In its analysis of the discourse, dynamics, and effects of legalization in the trade regime, and in its empirical examples, this book will prove of great value to all professionals, legal or otherwise, involved with international trade and the economics of globalization.

The U.S. computer software industry dominates the globe. But why has this critical industry succeeded so dramatically in world competition when so many other strategic technologies have fallen to foreign suppliers? In a detailed and well-reasoned economic analysis, Siwek and Furchtgott-Roth present the first truly comprehensive examination of international trade in computer software.

The authors identify software as one of the fastest-growing industries in the United States as measured by value-added to gross domestic product, employment, and foreign sales. They document the historical importance of U.S.-produced software in both American and foreign markets and they present country-by-country assessments of software markets around the world. Siwek and Furchtgott-Roth identify the principal areas of advantage held by the U.S. software industry and they go on to assess the future prospects of U.S. software in world markets.