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Books > Business & Economics > Economics > International economics > International trade > General
This absorbing book examines the period of massive structural adjustment taking place in the wine industry. For many centuries wine was very much a European product. While that is still the case today - three-quarters of world wine production, consumption and trade involve Europe and most of the rest involves just a handful of New World countries settled by Europeans - the importance of exports from non-European countries has risen dramatically over the past decade. The World's Wine Markets includes an in-depth look at the growth and impact of New World wine production on the Old World producers, revealing that between 1990 and 2001, the New World's combined share of world wine exports grew from 4 to 18 per cent, or from 10 to 35 per cent when intra-European Union trade is excluded. Original essays, by economists from each of the major wine producing and consuming regions in the world, analyse recent developments and future trends, and conclude that globalization of the industry is set to continue for the foreseeable future. Furthermore they argue that with increasing globalization, there is a greater need than ever for systematic analysis of the world's wine markets. This fascinating work will appeal greatly to students enrolled in wine marketing and business courses, those studying industrial organization, and economists and other social scientists interested in case studies of globalization at work. As well, wine industry participants interested in understanding the reasons behind the recent dramatic developments in the industry will find this rigorously analytical yet accessible book of great value.
Mega-regionalism in the Asia Pacific has led to the formation of several emerging trade blocs, including the Trans-Pacific Partnership. This book, in addition to the examination of trade policies in the region, offers a comprehensive analysis of ongoing developments such as the impact of new members on the incumbent TPP-12 and its spillover to third parties, as well an objective study of the crucial issues of liberalization of agriculture, pharmaceuticals, and intellectual property rights. Split into three diverse sections, this book is a joint venture of many outstanding scholars in various disciplines, all with expertise in the Asia Pacific's regional affairs. These contributions provide readers with a rigorous assessment of membership enlargement and sectorial liberalization of the TPP as well as the pathways toward region-wide free trade areas. Editor Peter C.Y. Chow includes both an analysis of the trade policies of China and the US and a discussion of the impact of new members on trade complementarity, global value chains, and the US's trade balance. Detailed studies on the effect of Taiwan's membership on the US economy and industries such as agriculture, manufacturing, and service are also explored. This edited volume will attract readers interested in international trade, economic integration, and globalization. Academics and practitioners in geopolitics, geo-economics, and international relations in the Asia Pacific will also be of interest. Contributors include: C. Barfield, T.-J. Cheng, L.-i. Chen Chiu, P.C.Y. Chow, D. Ciuriak, B.-X. Hsu, W.-C. Lee, C.-Y. Liu, A. Somwaru, H. Thompson, F. Tuan, J. Xiao
CE Marking, the European system of mandatory product safety standards, has created major obstacles for US exporters to the European Union (EU). CE Marking, Product Standards and World Trade is one of the first books to analyze the nature and dynamics of this major non-tariff trade barrier. David Hanson looks at the patterns of EU decision-making through a functional comparative analysis with the US, and in the context of the institutional alliances and rivalries that shape outcomes. An increasingly important but little understood issue, CE Marking is also an example of a growing problem in international commerce - the impact of inconsistent domestic product requirements on international trade. The author examines the way in which the EU has implemented the CE Marking system, its impact on US exporters, the dynamic of US - EU trade and negotiations, and the political and administrative arrangements that support them. This comprehensive study will be of great interest to students and scholars of industrial economics and international business. Business people and policymakers will also find much of interest in this timely volume.
Written by two leading scholars with 60 years of collective experience in the area, this insightful and updated second edition provides a clear and concise introduction to the fundamental components of international trade law, presenting the basic structure and principles of this complex area of law, alongside elucidation of specific GATT and WTO legal rules and institutions. Key features include: a nuanced yet highly readable summary of the area placement of trade law into historical, political and economic contexts, including new analysis of populist critiques references to the most recent cases, decisions, treaty negotiation developments and economic and legal scholarship analysis of new areas including digital trade, migration and security exceptions to alert students to developments in international trade law links and connections between different areas of trade law to provide students with an integrated overview of the topic. Interdisciplinary in nature, this second edition will be an indispensable guide for students in law, economics, political science and international relations. Comprehensive and accessible, it will be essential reading for non-specialist scholars and policy advisors seeking to further their understanding of international trade law. 'This Advanced Introduction provides an excellent succinct yet accurate summary of the international trade rules applicable, inter alia, to trade in goods, services, intellectual property, and investment. It also explores international standards, social issues such as development, environment, labour, human rights, and it addresses the institutional framework and the future of the world trading system. As an experienced practitioner in this field, I highly recommend this book to government officials, business people, and students who will all get a clear interdisciplinary tour d'horizon in the field of international trade.' - Gabrielle Marceau, University of Geneva, Switzerland and Senior Counsellor at the WTO
Agricultural Policy Reform and the WTO provides insights into the effects of the Uruguay Round WTO agreement on agricultural policy and global markets, and considers what is at stake in the Doha Development Agenda Round. The contributors to the book deal with a broad range of topics, including the evolution of domestic and trade policies in the last ten years across developed and developing countries and proposals made in the agricultural negotiation regarding market access, export subsidies and domestic support; new issues emergent in agricultural trade negotiations are also explored, including: * interaction between national regulatory systems and the deepening integration of the international trade regime * intellectual property rights protection * food safety * quality regulations * antidumping trade protection. Finally, the future of international trade relations is discussed, in particular the implications of enforcing domestic regulations to comply with international rules. This rich collection of research and analysis will be invaluable to researchers, academics and policymakers with an interest in agricultural policy analysis and international economics.
The Economics and Ideology of Free Trade makes an important contribution to the debate on globalization by providing much needed intellectual and historical perspective on the issue of Free Trade versus Protection. The book does so by reviewing and integrating doctrinal history and past policy debates. Firstly the book deals with the doctrinal evolution of the economics of free trade from the mercantilists onwards (including the reaction against classical economics by Friedrich List and the American national economists). It then goes on to critically examine the debates, policies and events that mark over two centuries of fierce but intellectually stimulating controversy over free trade and protection (including the debate on the Corn Laws, the British Tariff Reform Controversy 1903, and Keynes on Protection). In this stimulating and highly informative volume, the author summarizes and encapsulates a vast amount of material in a singularly economical and succinct manner that will appeal to academics and students interested in the history of economic thought, international economics, economic history and also international relations.
The legal, political and economic rationales that underpin trade policy are reflected in the establishment and implementation of EU trade relations with the rest of the world. This comprehensive Handbook provides readers with a multidisciplinary overview of the major perspectives, actors and challenges in contemporary EU trade relations. Changes in institutional dynamics, Brexit, the politicisation of trade, competing foreign policy agendas, and adaptation to trade patterns of value chains and the digital and knowledge economy are reshaping the European Union's trade policy. The authors tackle how these challenges frame the aims, processes and effectiveness of trade policy making in the context of the EU trade relations with developed, developing and emerging states in the global economy. This Handbook presents students and practitioners with an accessible introduction to the policy processes in the EU?'s trade policy. Policy-makers, especially those outside of the EU, will also gain key knowledge regarding the trade policies of the EU by reading this. Contributors include: J. Adriaensen, L. Choukrounel, P. De Lombaerde, F. De Ville, M. Eagleton-Pierce, J. Eckhardt, M. Filadoro Alikhanoff, C. Gammage, M.J. Garcia, T. Heron, W.A. Kerr, S. Khorana, L. Kuhnhardt, D. Martens, P. Murray-Evans, L. Nilsson, J. Orbie, L. Perdikis, N. Perdikis, G. Rosen, G. Siles-Brugge, A. Smith, M. Smith, N.R. Smith, M. Shu, L. van der Putte, S. Velluti, W.G. Voss
This textbook offers a comprehensive analysis of traditional and newly emerging challenges affecting international logistics management from practical, theoretical and policy perspectives. Principles of International Logistics provides an in-depth exploration of the role of intermodal transportation, and the policy-oriented issues of market liberalization, regulatory policies, quality of institutions and supply chain orientation. Key Features: Detailed discussion of the role of the different modes of transport including air, land and maritime transportation Evaluation of international logistics and its economic significance, giving students a strong understanding of the basic principles of logistics Practically-oriented examples and cases drawn from developed and developing countries in Asia, Europe, South America and Africa to allow students to apply their knowledge in practice Coverage of new and emerging international issues such as new technologies and their application to logistics, placing traditional logistics concepts into modern context Principles of International Logistics will be an essential text for undergraduate students of international logistics, logistics management and global supply chains, and an excellent supplementary text for those studying operations and supply chain management more broadly.
The contributors to this book, from the US and Japan, explore the main issues involved in the international trade, foreign direct investment, and macro/financial relations of the United States and Japan and provide guidance to policymakers for measures to help overcome Japan's economic stagnation since the early 1990s.The book is divided into three parts. Part I contains an empirical analysis of trade diversion under the North American Free Trade Agreement (NAFTA), a theoretical analysis of time in determining the structure and effects of trade with an application to Japan, and an empirical analysis of Japan's changing import behavior. Part II is focused on foreign direct investment (FDI), trade, and the behavior and structure of Japanese firms. Part III deals with macro/financial issues of current interest and importance in Japan. The analytical focus of the chapters is intended to enhance the understanding of the issues addressed and to provide some guidance to policymakers in the design of measures that will improve economic efficiency and welfare and help to overcome the economic stagnation that Japan has experienced in the past decade or more. Economists, political scientists and policymakers will find the analysis provided in this volume invaluable in understanding the Japanese economy and economic relations between Japan and the United States.
To understand trade policy, one needs to understand the basics of international economics. This book provides nonspecialists with accessible explanations of international trade, enabling readers to appreciate the importance of current events in international trade policy. Due to the ever-increasing globalization of the U.S. economy, articles that involve international trade policy—both here and abroad—are increasingly common in publications such as The New York Times, The Wall Street Journal, and The Economist. In many cases, it is apparent that the authors of such articles lack a sound understanding of the basics of international trade policy. Similarly, many nonspecialist readers do not have the necessary background to grasp the meaning of current events in international economics. This book serves both writers and readers, providing concise, easy-to-understand overviews of the key topics necessary for journalists to write understandable articles on trade policy and for readers to understand what they are reading. The book begins with coverage of the basic framework of international economics that readers need to grasp in order to understand trade policy. The next two sections cover the tools of trade policy and the political factors that drive their use. The author discusses the history of trade policy, describes how it has evolved over time, and explains where it is headed in the future. Readers will come away with a working understanding of topics such as balance of payments, the current account, comparative advantage, government export subsidies, the World Trade Organization (WTO), the Doha Round, the North American Free Trade Agreement (NAFTA), the European Union (EU), and the U.S. Trade Representative.
The 2021 International Trade Statistics Yearbook, Volume I -Trade by Country - provides a condensed and integrated analytical view of the international merchandise trade, and trade in services up to the year 2021 by means of brief descriptive text, concise data tables and charts. The information presented in the publication give an insight into the latest trends of trade in goods and services of around 175 countries (and areas) in the world. The yearbook is also made available online at https://comtrade.un.org/pb/. For more detailed data, users are requested to go to UN Comtrade (http://comtrade.un.org) which is the source of the information presented in the Yearbook, and is continuously updated. The publication is aimed at both specialist trade data users and common audience at large. The presented data, charts and analyses will benefit policy makers, government agencies, non-government organizations, civil society organizations, journalists, academics, researchers, students, businesses and anyone who is interested in trade issues. The information and analyses are presented in a way which can be comprehended by non-expert users of statistics.
In this unique work, Jennifer Considine and William Kerr contend that while OPEC currently dominates the international oil market, Russia will be a key player in the future international energy market. Indeed, Russia's petroleum resources rival those of Saudi Arabia. More than almost any other industry, future performance is often determined by the influence of decisions made in the past. This book provides a detailed history of the development of the Russian oil economy in order to build up a comprehensive and discerning picture of its future role and significance in the global energy market of the 21st century. The authors of this path-breaking treatment of the Russian oil economy present: * an assessment of the effects of the political and macroeconomic development of the Russian Federation and former Soviet Union on the resources, reserves and infrastructure of the current oil industry * an economic evaluation of the contemporary policies and institutions in the Russian Federation, including policy recommendations and forecasts * detailed statistics on all aspects of the Russian oil industry, including reserves, production, five-year planning targets, government policy, and tax rates, from 1860-2001. The Russian Oil Economy will be of enormous interest to a wide-ranging audience, encompassing oil industry executives and analysts, investment bankers, energy consultants, energy policymakers, and those involved in the study, teaching and research of energy, Russian history and transition.
This book reprints 18 essays selected from almost 30 years of work by the author as a high level official at the UN Conference on Trade and Development, the US Treasury Department and the World Bank. These essays report some of the core analytical thinking behind positions taken by these agencies on major issues in international trade policy: e.g., the shift of view on 'trade and development' from the presumption that developing countries should receive 'special and differential treatment' to today's view that they should aggressively exploit opportunities that international trade offers. Other essays report analytical work at the US Treasury Department on proposals in the 1970s for a 'New International Economic Order' - findings that supported the more conservative line that the US government eventually took, even though the Kissinger State Department urged a more accommodating line. Some essays are highly critical, e.g., of antidumping and its use by developing countries as well as by the United States, and of the GATT/WTO system itself as a template for economic policy. Scholars and students interested in how the GATT/WTO works as a policy making system will find this collection revealing as will readers interested in a way to evaluate the impact of antidumping (and other 'trade remedies') on the national economic system and on how to construct policy mechanisms that more effectively bring the interests of all US citizens into the making of US trade policy. In addition, many of these essays are useful for courses in international economics, international relations and policy science.
The spatial dimension of international trade theory has been neglected during most of its history. Trade barriers such as tariffs have been deemed more important. However, in an increasingly integrated world economy seeking to abolish tariffs, spatial considerations have gained in stature. On the way to fostering a spatial trade theory this book supplies a comprehensive analysis of all the different impacts of the inclusion of space and transport costs, covering orthodox trade theory, new trade theories, and economic geography. Karl Steininger also expands spatial analysis to cover spatial preferences and spatial discounting and catalogues the result of spatial production structure and environmental quality in a global economy. Finally, an empirical account is given of the trade and macro-implications of full cost pricing in transport.
Economics of International Business sets out a new agenda for international business research. Mark Casson asserts that it is time to move the subject on from sterile debates about transaction cost economies and resource-based theories of the firm. Instead of focusing on the individual firm, the new agenda focuses on the global systems view of international business. A static view of the firm's environment is replaced by a dynamic view which highlights the volatility of the international business environment. Coping with volatility requires entrepreneurial skills, flexibility and the need to synthesize information on a global basis. To co-ordinate the global system properly, entrepreneurs must co-operate through social networks of trust, as well as competing. Constructing a network of joint ventures, it is argued, is simply not enough. Building on his previous book, The Organization of International Business, Mark Casson shows that with suitable modifications, the methods of economics can be used to analyse all of these issues in a rigorous way. The tools of 'business strategy' are too clumsy to address the more subtle issues, whilst descriptive approaches fail to bring key issues into sharp relief. This book is indispensable reading for all researchers and practitioners in the international business field as well as economists and academics alike.
This highly accessible book explains the theoretical, historical and political background of the North American Free Trade Agreement (NAFTA), its impact and the debates surrounding its existence. In addition the authors provide a brief introduction to the theory of economic integration as well as a succinct overview of the evolution of the global economy, and the institutions that manage it, in the post World War II period. Key issues examined include: * how and why NAFTA emerged in the early 1990s and its performance since implementation * the economic development and commercial policy of each member country in the context of the rapidly changing global economy * NAFTA's technical strengths and limitations * the debates which still rage between its proponents and critics The team of US, Canadian and Mexican authors argue that while NAFTA has introduced novel social and environmental innovations in trade agreements, given Mexico's macroeconomic volatility, it provides a less than perfect approach for managing North America's rapidly expanding economic integration. North American Economic Integration can be used by a wide audience from students to professionals and academics from any discipline with an understanding of the basic principles of economics. Specifically, the book will be welcomed by students of international economics, political economy and international relations.
Author Bo Kong reveals how China's international petroleum policy is shaped by the cogovernance of the country's petroleum sector by its government and national oil companies, whose interests are at cross purposes with each other. This exhaustive treatment of China's international petroleum policy examines the cogovernance of China's petroleum sector by its government and national oil companies, as they work at loggerheads with each other to shape such key policies as overseas investment, domestic price caps, and import controls in the face their country's exploding demand for foreign oil. Imported oil already accounts half of China's total consumption and is forecast to increase to 80 percent by 2030. China's International Petroleum Policy focuses on six major issues: the evolution of China's petroleum governance regime, the making of China's international petroleum policy, the international expansion of China's national oil companies, the challenges confronting Chinese oil companies on the international petroleum chessboard, Beijing's petroleum diplomacy, and the implications of China's international petroleum policy. Each chapter describes the historical and institutional context of a particular issue, the key players, and the structures and processes through which policy is developed and implemented. Draws on original documents published by the Chinese government and Chinese national oil companies, together with interviews with government officials, industry analysts, and experts in China, the United States, and Africa Includes data-rich appendices, a chronology, and a bilingual bibliography
Do environmental regulations harm international competitiveness? In answer to this question, this book focuses on the impact of regulatory policies on competitiveness and employment at the firm level. It investigates the trade-off between environmental regulations and competitiveness across countries and regions throughout Europe, using the food processing industry as a case study.The authors compare and contrast the experiences of similar firms across Europe to examine the different costs firms face in applying environmental regulations and the different levels of competitiveness they achieve as a result. The investigation includes a detailed and thorough comparison of the European food processing industries using 67 company case studies. The results show that firms can achieve national or international levels of competitiveness even when they face a relatively unfavourable level of regulatory costs. These important findings will almost certainly have general application to small and medium sized firms in other industries. This book will be welcomed by policymakers, practitioners, researchers and academics interested in industrial economics, environmental management and environmental economics.
The book analyzes the evolution of the concept of comparative advantage from the eighteenth century to the present day. It examines the origins of the concept of comparative advantage, its current status within economic thought and its validity in today's global economy.This comprehensive book outlines the theories of trade and the interpretations of comparative advantage associated with, among others, the Mercantilists, Smith, Ricardo, Torrens, Longfield, Mill, Marshall, Pareto, Haberler, Heckscher, Ohlin and Samuelson, as well as present day trade theorists. A chapter is devoted to Hamilton, Rae and List, who interpreted comparative advantage dynamically by advocating its creation. The book breaks new ground by reinterpreting the theories of trade associated with prominent economists such as Ricardo, and drawing attention to valuable but lesser known contributions. It considers the new trade theory from the past two decades as a legitimate successor to the dynamic views of comparative advantage of the classical economists. This book will be required reading for students and academics with an interest in the history of economic thought and the economics (or theory) of international trade.
Throughout history the British Atlantic has often been depicted as a series of well-ordered colonial ports that functioned as nodes of Atlantic shipping, where orderliness reflected the effectiveness of the regulatory apparatus constructed to contain Atlantic commerce. Colonial ports were governable places where British vessels, and only British vessels, were to deliver English goods in exchange for colonial produce. Yet behind these sanitized depictions lay another story, one about the porousness of commercial regulation, the informality and persistent illegality of exchanges in the British Empire, and the endurance of a culture of cross-national cooperation in the Atlantic that had been forged in the first decades of European settlement and still resonated a century later. In "Empire at the Periphery," Christian J. Koot examines the networks that connected British settlers in New York and the Caribbean and Dutch traders in the Netherlands and in the Dutch colonies in North America and the Caribbean, demonstrating that these interimperial relationships formed a core part of commercial activity in the early Atlantic World, operating alongside British trade. Koot provides unique consideration of how local circumstances shaped imperial development, reminding us that empires consisted not only of elites dictating imperial growth from world capitals, but also of ordinary settlers in far-flung colonial outposts, who often had more in common with--and a greater reliance on--people from foreign empires who shared their experiences of living at the edge of a fragile, transitional world. Part of the series "Early American Places"
If you care about food security in Asia and particularly rice and world trade, buy this book. The best authors in the business (legal, academic and private sector) have contributed to its success with 12 treatises on core issues. I complement the editors of this compendium, Michael Ewing-Chow and Melanie Vilarasau Slade, for their intellectual courage in bringing these experts to contribute to one book. The technical side of these issues have been kept at a minimum wherever possible for the general reader. Each chapter relates to the others and guides us to some conclusions and a call to action.' - Milo Hamilton, Firstgrain, US'This is a complete recipe for global food security as the most credible way forward in a world of continuously uncertain food supplies. Today the overall intact agricultural production potential appears mainly threatened by location-specific climate change challenges and by both national and international food policy governance failures. Hence, the role of trade and of trade rules is all the more important, as credibly emphasised by the authors' consequent advocacy for a removal of food trade barriers as part of a more coherent poverty strategy and towards collective food security.' - Christian Haberli, Bern University, Switzerland 'Food security is one of the key challenges the world faces. The demand for food will increase as our population goes up from 7 billion to 9 billion. Global warming and an increasingly erratic weather pattern will have an impact on food production. It is in this context that I welcome this important book. The editors have rightly invited us to refocus our minds from self-sufficiency to collective food security.' - Tommy Koh, Chairman of the Governing Board Centre for International Law, National University of Singapore Food security is one of the greatest challenges of our time. The food price crisis of 2008 exposed the vulnerabilities of the global food system. Governments across Asia acerbated the crisis by imposing export restrictions based on a policy of self-sufficiency. This book assesses whether self-sufficiency is an adequate response to the food security challenges we face. Pricing volatility drives isolationism at a time when climate change and increasingly uncertain weather patterns make it difficult for any single nation to guarantee adequate food production for itself. Through a collection of commissioned studies which draw upon the experience of leading experts and scholars in trade, investment, law, economics, and food policy, this book analyses the impact of this trend on the most essential crop in the Asian region rice. It suggests that food security policy should be reconceptualised: from the national to the regional and even the global level. It also provides its own proposals as to how this new paradigm of collective food security should be understood and developed. The book calls for a new conversation in the region, acknowledging that the challenges we face are global and the solutions must be found in collective action. This state-of-the-art study will appeal to lawyers, economists and political scientists, as well as trade and food security specialists by providing expert analyses and enlightening solutions for the future. Contributors: C. Boonekamp, R.M. Briones, R. Clarete, D. Dixit, M. Ewing-Chow, L.A. Jackson, J. Jackson Ewing, J. McVitty, E. Rogerson, J. Tijaja, C.P. Timmer, M. Vilarasau Slade
Growth miracles typically have been studied at the country level. The Making of Miracles in Indian States breaks from that tradition and studies three growth miracles in India at the level of the state: Andhra Pradesh, Bihar, and Gujarat. These are three of the largest and most diverse states in India. Andhra Pradesh is situated in the south of India, Bihar in the east, and Gujarat in the west. Bihar is the poorest among all states in India, Gujarat the third richest among the largest eighteen states, and Andhra Pradesh in the middle. Andhra Pradesh and Gujarat have long coastal lines while Bihar is landlocked. Yet, all of these states have grown at rates exceeding 8% for an entire decade in the 21st century. Despite many differences in the initial conditions, several common threads tie the high-growth experiences of the three states. First, accelerated growth has permitted acceleration in the growth of development expenditures in all three states, which has helped improve connectivity to markets. Alongside this growth, poverty has seen accelerated decline. Second, the composition of growth matters. Growth in high-value commodities such as fruits and vegetables, commercial crops, dairy, and animal husbandry in Andhra Pradesh and Gujarat has led to accelerated reduction in rural poverty. However, the failure of labor-intensive industry has stunted the migration of workers out of agriculture into industry. Third, the quality of leadership that brings improved governance with it is central to improved outcomes in the states. Visionary leaders--Chandrababu Naidu in Andhra Pradesh, Nitish Kumar in Bihar, and Narendra Modi in Gujarat--played critical roles in the making of all three miracles. Fourth, the three studies also bring out the importance of pro-market reforms and the adoption of technology in development. Finally, the studies show that good economics is also good politics: voters reward the chief ministers who bring about significant improvement to the people's lives.
Not just another book on ASEAN, this volume reappraises the organization from the inside, through controversial or perplexing issues such as the ""ASEAN Way"", the accession of the new members, including Myanmar, the principle of ""non-interference"", regional security, regional economic integration, the haze and SARS, and ASEAN's future. Written by a key player, the former ASEAN Secretary-General, this book will illuminate the inner workings of the key Southeast Asian regional institution. It is a must-read for journalists, policy-makers, political scientists and others who need an insiders' view on how ASEAN has evolved, how it operates and whether it will remain relevant in the evolving Asia Pacific and global order.
A "digital divide" threatens the global trade regime. And it is not narrowing - it is rapidly becoming an unbridgeable chasm. Nor is this a problem merely for developing countries: the headlong trend toward dematerialisation of trade documents in the developed world will grind to a halt unless all trading countries without exception possess the legal and operational ability to participate in paperless trade. This work not only describes the obstacles to universal support for paperless trade, but also provides solutions that can be implemented if stakeholders make the collective effort to achieve this goal. Dr. Laryea investigates such central issues as the following: legal problems and security risks not encountered in paper documentation; accommodating low-tech problems with electronic documentation; and funding the construction of information and communication technology infrastructure in developing countries. The presentation focuses on each of the essential contract documents in turn, from the quotation to the documentary credit, explaining exactly how the electronic versions of each work (particularly in terms of security), and why each is desirable.
This work examines trade and development from the point of view of
developing countries, it provides a rare opportunity to understand
- and benefit from - the perspectives of the developing world.
Developing nations comprise two-thirds of the membership of the
World Trade Organization (WTO) so a work produced by an array of
experts from those countries provides an important window on the
intersection of trade and development. |
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