The Judicial Politics of Economic Integration analyses development strategies and regional integration in the Andean Community (the former Andean Pact), focusing on the establishment of the Andean Court of Justice and its case law, as well as the intellectual underpinnings that made such an impressive reform possible. The court is a transplant taken from the European integration process, and it materializes the visions, expectations, and dreams of the transnational development movement of "integration through law". The book discusses the outcomes of the Court in light of the debates about judicial reform in the process of development and regional integration. Although clearly confirming several earlier claims that "one size does not fit all", Osvaldo Saldias provides new insights into how legal transplants adapt and evolve, and how we can learn much more about legal reform from a project that presumably failed than from successful copies. The Andean Court of Justice is a remarkable example of an institution capable of adapting to political and economic challenges; therefore, in times of a severe European economic crisis we should not forget that we might improve our understanding of European integration by looking at developments in other regions. An interesting new study with an international focus, this book will be a fascinating read for students and scholars of Law and Latin American Studies.

The keys to global business success, as taught by a T-shirt's journey The Travels of a T-Shirt in the Global Economy is a critically-acclaimed narrative that illuminates the globalization debates and reveals the key factors to success in global business. Tracing a T-shirt's life story from a Texas cotton field to a Chinese factory and back to a U.S. storefront before arriving at the used clothing market in Africa, the book uncovers the political and economic forces at work in the global economy. Along the way, this fascinating exploration addresses a wealth of compelling questions about politics, trade, economics, ethics, and the impact of history on today's business landscape. This new printing of the second edition includes a revised preface and a new epilogue with updates through 2014 on the people, industries, and policies related to the T-shirt's life story. Using a simple, everyday T-shirt as a lens through which to explore the business, economic, moral, and political complexities of globalization in a historical context, Travels encapsulates a number of complex issues into a single identifiable object that will strike a chord with readers as they: Investigate the sources of sustained competitive advantage in different industries Examine the global economic and political forces that explain trade patters between countries Analyze complex moral issues related to globalization and international business Discover the importance of cultural and human elements in international trade This story of a simple product illuminates the many complex issues which businesspeople, policymakers, and global citizens are touched by every day.

This book examines the evolution and application of participatory trade politics in West Africa and discusses the theoretical implications for political economy and global governance approaches to trade policy-making. The author traces the involvement of a network of West African global justice Non-Governmental Organizations (NGO), local NGO and movement platforms, and trade unions in the negotiations for an Economic Partnership Agreement with the European Union. Building on this empirical analysis, she develops a theoretical framework of trade policy formation that is not limited to conceptualizing trade as a policy field aimed exclusively at regulating exporting and importing activities in the global economy. Instead, she analyzes how material and ideational spheres interact in the way in which communities set the rules that enable them to trade across long distances. Attempting to reconcile demands for inclusivity with current economic policy-making, the author reframes the way in which we theoretically pose questions of who makes trade policy decisions, through which mechanisms and why trade policy-making practices change, or resist change. Transformations in Trade Politics will be of interest to students and scholars of International Political Economy, Global Governance, Social Movement Studies, International Economic Relations, International Trade Relations, African Politics, The Politics of African/International Development, EU politics and EU-African Relations.

In spite of many years of negotiation on trade liberalization, progress seems to have stalled. This book explores why resistance to further market liberalization seems so strong, given that the benefits are seen to outweigh the costs. This volume argues that in order to understand the slow progress of World Trade Organization negotiations, we need to take into consideration the 'intermestic' character of trade politics, that is, the way in which international and domestic aspects of politics and policies have been woven together and become inextricably related to each other. This is a general trend in our globalizing world, and one that is most pronounced in the case of trade politics and policy. International Trade Negotiations and Domestic Politics therefore presents an in-depth analysis of institutions, ideas, interests and actors in the interplay between international trade negotiations and national negotiating positions. At the international level the authors focus on the multilateral negotiations within the World Trade Organization, together with the plurilateral and bilateral negotiations on free trade agreements. At the regional and domestic level they analyze the trade politics and policies of two established powers, the European Union and the USA; two rising powers, China and India; and a small industrialized country with an open economy, Norway.

This book provides a longitudinal study of developing country involvement in multilateral trade negotiations. The trade regime established at the end of the Second World War did not cater for, and in some cases excluded, the developmental interests of the newly independent countries. This book offers a detailed analysis of: The first attempts to revise the trade regime in the 1960s through the United Nations Conference on Trade and Development and the formation of the Group of 77 to enhance their bargaining potential. The mixed coalition strategy, with the Cairns Group in the Uruguay Round of GATT. The new bargaining coalition, the Group of Twenty, that took on a much more confrontational and assertive bargaining position in the unsuccessful Doha round of the World Trade Organization. In part two, the author explores the possibility that economic globalization may finally deliver to developing countries what they had failed to achieve in five decades of multilateral negotiations - an opportunity to climb the industrialization ladder and achieve development. The book offers a proposal for revising the format of trade negotiations in a way that helps overcome stalemates and deadlocks. Trade, Development and Globalization will be of interest to students and scholars of international trade, trade and development, negotiation, global governance, political economy, international relations and economics.

Writing Global Trade Governance operationalises a key post-structuralist methodology in order to expand understanding on the institution at the heart of the global political economy. Despite the WTO's centrality and the growing popularity of methods utilizing discourse theory, no other text has yet demonstrated how these two fields of learning can be productively combined. The book seeks to move beyond existing literatures that assume the WTO to be a structure, institution or normative framework, in order to enquire into the discursive processes of identity formation that make the WTO both possible and contested. The book criticises conventional approaches that treat critical civil society as distinct to the WTO, arguing instead that it is only through including such social practices within the field of relations making the WTO that we can properly understand what makes the WTO work. The book presents an empirical analysis of the discursive character of the present-day WTO (including its formation and operation) and then moves on to evaluate how it is subject to change within a broader social context. The final stage of the book seeks to discuss the impact of the findings on future research, both on the WTO and other institutions. This work is a significant intervention in the literature on the World Trade Organization and the politics of global trade and social movements, and will be of great interest to students and scholars of global governance, discourse theory and international organizations

Negotiations on trade facilitation were concluded at the WTO 9th Ministerial Conference in 2013, and the Agreements on Trade Facilitation (TFA), therefore, became the first fully multilateral agreement in WTO history. Since then, trade facilitation has been in the limelight on the stage of the world trading system. During recent years, the TFA has been consistently on the agenda of the summits of G20, G7, and APEC. The Agreement has come into force and shall be implemented on a global scale. As a result, the WTO members shall be prepared to translate the Agreement into their domestic legislation, which will involve a series of reforms in trade laws and policies. There are extensive voices demanding a comprehensive expatiation on trade facilitation and the TFA. It is essential to systematically delve into the genesis of trade facilitation, revisit the course where the TFA came into being, and analyse the well-turned legalese of the TFA. This book meets this demand. This book is path-breaking in these aspects: it expounds on the rationales for trade facilitation and the significance of constituting an international accord on trade facilitation; it restores the one-century track of the international community's talks on trade facilitation, from the times of the League of Nations to the WTO era; it reveals how the WTO negotiating mechanisms enabled the TFA to be nailed down, which would be enlightening for trade diplomats engaged in other WTO negotiations; and it provides an in-depth commentary on the TFA articles, which will help stakeholders more accurately understand and implement the Agreement. This book will be especially valuable for government officials and policy-makers, trade practitioners, lawyers, advisers, and scholars interested in international economic law, WTO law, international trade, international relations, and international development studies.

Since the General Agreement on Trade in Services (GATS) was created in 1995, there has been international pressure towards the liberalization of education all over the world, as well as new challenges to the traditional internationalization rationale in the field of higher education. Nevertheless, education liberalization under the GATS is also a contested process. Public universities, teachers unions, development NGOs and other education stakeholders have opposed and campaigned against the GATS in different countries and at a range of levels from local to global. Based on intensive fieldwork in the WTO headquarters and on two case studies (Argentina and Chile), Antoni Verger opens the black-box of the GATS negotiations in the field of education. His well-documented work explores in-depth how domestic actors and interests are key to understanding the constitution of the global education liberalization process entailed by the GATS as well as the opposition to this process in certain places. This book is crucial reading to anyone with an interest in the future of higher education.

This book considers foreign investment flows in major Asian economies. It critically assesses the patterns and issues involved in the substantive law and policy environment which impact on investment flows, as well as the related dispute resolution law and practice. The book combines insights from international law and comparative study and is attentive to the socio-economic contexts and competing theories of the role of law in Asia. Contributions come from both academics with considerable practical expertise and legal practitioners with strong academic backgrounds. The chapters analyze the law and practice of investment treaties and FDI regimes in Asia looking specifically at developments in Japan, India, China, Indonesia, Malaysia, Korea and Vietnam. The book explores the impact of the Asian Financial Crisis in the late 1990s and the Global Financial Crisis a decade later, examining actual trends and policy debates relating to FDI and capital flows in Asia before and after those upheavals. Foreign Investment and Dispute Resolution: Law and Practice in Asia is a valuable resource for practitioners, academics and students of International and Comparative Law, Business and Finance Law, Business, Finance and Asian Studies.

The international trade negotiations that were launched throughout Latin America in the 1990s created significant challenges for developing countries because of their complexity. In order to make informed decisions and successfully legitimize negotiating positions, governments and stakeholders required research, evidence and data from knowledgeable sources such as local technicians and academics. This book provides empirical-based analyses on the role of this research in the policymaking process. Each case study is based on primary fieldwork - either at the national or sectoral level - which was guided by the following overarching questions: Who are the main actors producing useful research for trade policymakers? Who are the main financial supporters of such work? What use do policymakers give to research? The volume offers a deep analysis of the nexus and interactions between the academic and public spheres, among researchers and decision-makers. Contributors also address the main obstacles for creating a virtuous circle between research and decision-making as they examine the links between the research centers, think tanks and international organizations who produced the information and the Latin American governments who used it.

The Islamic perception of the socio-economic process is dynamic and its insistence on social justice is uncompromising. To produce the best social structure, according to this view, man's economic endeavours should be motivated by a meaningful moral philosophy. In the face of the challenges presented by the modern world, the practice of Islamic economics raises many complex and profound issues. These are addressed in this highly important work, which must be considered essential reading for all those who live in the vision of the 'right'. First published in 1994.

This book discusses the law of safeguard measures as laid down in the WTO agreements and cases decided by the Panel and the Appellate Body. It sets out a comprehensive treatment of safeguard measures covering the history and evolution of the law, as well as the procedural requirements and the application of safeguard measures. In addition to measures under Article XIX and the Safeguards Agreement, the book includes coverage of safeguard measures for agricultural products, Special Safeguard Measures for developing countries, safeguard measures for textiles and proposed safeguard measures under General Agreement on Trade in Services (GATS) as well as special safeguard clauses against China. Recognition and Regulation of Safeguard Measures Under GATT/WTO considers safeguards from a developing country's perspective drawing on Joseph E. Stiglitz's argument that developing countries require these trade remedy measures to protect their domestic industries and ensure their development. Sheela Rai considers this view and goes on to examine how beneficial the provisions relating to safeguard measures and their interpretation given by the Panel and Appellate Body have been for developing countries.

International legal scholarship is concerned with the fragmentation of international law into specialised legal systems such as trade, environment and human rights. Fragmentation raises questions about the inter-systemic interaction between the various specialised systems of international law. This study conceptually focuses on the interaction between World Trade Organisation (WTO) law and external international law. It introduces a legal theory of WTO law, constrained openness, as a way to understand that interaction. The idea is that WTO law, from its own internal point of view, constructs its own law. The effect is that external international law is not incorporated into WTO law wholesale, but is (re)constructed as WTO law. It follows that legal systems do not directly communicate with each other. Therefore, to influence WTO law, an indirect strategic approach is required, which recognises the functional nature of the differentiated systems of the fragmented international legal system.

This book provides a reasoned, comprehensive understanding of what religion is as well as a clear and critical assessment of whether, in the light of modern developments in philosophy, contemporary thinking people can responsibly maintain religious belief in God. The book is divided into three major sections: the first deals with what all religions may be said to have in common; the second discusses theistic religion and the issue of intellectually responsible belief in God; the third examines current developments within a particular theistic religion, Christianity. Originally published in 1968, the book is basic, both in the nature of the issues it discusses and in the clarity and comprehensiveness of its presentation; it is varied in the arguments and perspectives dealt with; it provides an introduction to philosophical thinking through the problems of philosophy of religion; and it deals seriously with controversial movements in theology.

The WTO's attempts at agricultural trade liberalization have raised concerns that the current movement towards globalization fails to adequately address environmental issues. Even in developed countries, where agriculture at the farm-level represents a small fraction of total GDP, trade-induced changes in agricultural production levels could have considerable environmental effects. This timely new book analyzes the possible linkages between agricultural trade liberalization and the environment, and assesses the negative and positive impacts of any possible reforms. The authors begin by providing an extensive empirical examination of the potential environmental consequences of agricultural trade liberalization at both a global and US level. However, not only might changes in trade policy affect the environment, but environmental policy can also influence trade. Consequently, the authors conduct a detailed study of the impact of US agri-environmental policies on trade flows. To conclude, they investigate conceptual and policy aspects of the important inter-relationship between agricultural trade and unintentional environmental by-products, transboundary concerns and multilateral environmental agreements. In the context of ongoing trade negotiations, this comprehensive book provides an objective overview of the potential economic consequences of the relationship between trade and the environment. It will be of special interest to agricultural, development and environmental economists as well as policymakers and policy analysts confronting the practical problems of environmental and economic assessment.

First published in 1998. This book makes an original contribution to our understanding of policy failures at the European and international level. On the basis of a comparative analysis the study shows how the co-ordination mechanisms available in the European Community and OECD have complicated the regulation of national policies on state aid to exporting industries. This failure can be explained in theoretical terms: international and supranational organisations are not neutral arbiters, but have interests of their own, interests which are not necessarily aligned with those of their member states. In detailed case studies of Britain, France and Germany the book examines how the preference structure of governments in the exercise of their promotion programmes contrasts with the policies enacted by international bureaucracies. Walzenbach's interdisciplinary approach specifies the conditions under which policy co-ordination can have detrimental effects and thus, usefully corrects the benign view held by most regime theorists about transaction-cost reducing and efficiency enhancing role of such arrangement.

First published in 1967, this superb collection of essays on trade in the Middle Ages has been a major contribution to modern medieval studies. Professor Carus-Wilson examines: * fifteenth-century Bristol * trade with Iceland * the Merchant Adventurers of London * the thirteenth-century cloth industry (with its highly developed capitalist system) * the export of English woollen cloth * the wine trade. Each paper is firmly rooted in original research and contemporary sources such as customs returns and company minutes, and, in addition, her expose of the dubious accuracy of Aulnage accounts is widely recognised as a classic.

This book collects together the basic documents of an approach to the theory and policy of the balance of payments developed in the 1970s. The approach marked a return to the historical traditions of international monetary theory after some thirty years of departure from them - a departure occasioned by the international collapse of the 1930s, the Keynesian Revolution and a long period of war and post-war reconstruction in which the international monetary system was fragmented by exchange controls, currency inconvertibility and controls over international trade and capital movements.

This book will help readers better understand the ethical and cultural assumptions that both American and Chinese business cultures bring to business relationships in China. It analyzes the relationships developed between the two cultures, areas where they conflict, and how these conflicts are (or are not) resolved. These relationships are investigated in three stages. The author: describes and interprets American business experience in China describes and interprets Chinese business experience in China, including interaction with Americans compares these two business cultures as they are experienced in China to investigate the relationships between them, centering the cultural analysis on ethical issues. Feldman's thorough research gets to the crux of how American and Chinese executives perceive the ethical and cultural aspects of doing business. The result is a book that will prove helpful to all those looking to expertly navigate Chinese-American business relationships.

The Dispute Settlement Reports are the WTO authorized and paginated reports in English. They are an essential addition to the library of all practising and academic trade lawyers and a valued resource for students worldwide taking courses in international economic or trade law. DSR 2021: Volume 1 reports on United States - Anti-Dumping and Countervailing Duties on Ripe Olives from Spain (WT/DS577).

China's rapid economic growth has led to a huge increase in its domestic energy needs. This book provides a critical overview of how China's growing need for oil imports is shaping its international economic and diplomatic strategy and how this affects global political relations and behaviour. Part One is focused on the domestic drivers of energy policy: it provides a systematic account of recent trends in China's energy sector and assesses the context and processes of energy policy making, and concludes by showing how and why China's oil industry has spread across the world in the last fifteen years. Part Two analyses the political and foreign policy implications of this energy-driven expansion and the challenges this potentially poses for China's integration into the international system. It examines a number of factors linked to this integration in the energy field, including the unpredictabilities of internal policymaking; China's determination to promote its own critical national interests, and the general ambition of the Chinese leadership to integrate with the international system on its own terms and at its own speed. The highly topical book draws together the various dimensions of China's international energy strategy, and provides insights into the impact of this on China's growing international presence in various parts of the world.

What affects the supply of oil? How important is the weather in determining grain prices? Why has the price of copper skyrocketed? This unique book analyses the economics of key commodity groups, including energy, agriculture and metals. It examines the supply/demand fundamentals of several major and minor commodities, physical characteristics, production and consumption patterns, trade flows and pricing mechanisms. It also explains the main tools used to hedge price risk, such as futures, options and swaps. This second edition has been fully revised and restructured, and contains four new chapters, including oil refining, electricity and price risk management for energy, metals and agricultural commodities This book is an indispensable reference text for students, academics and those working in the commodity business.

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 presents original research that examines the growth of international investment agreements as a means to attract foreign direct investment (FDI) and considers how this affects the ability of capital-importing countries to pursue their development goals. The hope of countries signing such treaties is that foreign capital will accelerate transfers of technologies, create employment, and benefit the local economy through various types of linkages. But do international investment agreements in fact succeed in attracting foreign direct investment? And if so, are the sovereignty costs involved worth paying? In particular, are these costs such that they risk undermining the very purpose of attracting investors, which is to promote human development in the host country? This book uses both economic and legal analysis to answer these questions that have become central to discussions on the impact of economic globalization on human rights and human development. It explains the dangers of developing countries being tempted to 'signal' their willingness to attract investors by providing far-reaching protections to investors' rights that would annul, or at least seriously diminish, the benefits they have a right to expect from the arrival of FDI. It examines a variety of tools that could be used, by capital-exporting countries and by capital-importing countries alike, to ensure that FDI works for development, and that international investment agreements contribute to that end. This uniquely interdisciplinary study, located at the intersection of development economics, international investment law, and international human rights is written in an accessible language, and should attract the attention of anyone who cares about the role of private investment in supporting the efforts of poor countries to climb up the development ladder.

This book presents original research that examines the growth of international investment agreements as a means to attract foreign direct investment (FDI) and considers how this affects the ability of capital-importing countries to pursue their development goals. The hope of countries signing such treaties is that foreign capital will accelerate transfers of technologies, create employment, and benefit the local economy through various types of linkages. But do international investment agreements in fact succeed in attracting foreign direct investment? And if so, are the sovereignty costs involved worth paying? In particular, are these costs such that they risk undermining the very purpose of attracting investors, which is to promote human development in the host country? This book uses both economic and legal analysis to answer these questions that have become central to discussions on the impact of economic globalization on human rights and human development. It explains the dangers of developing countries being tempted to 'signal' their willingness to attract investors by providing far-reaching protections to investors' rights that would annul, or at least seriously diminish, the benefits they have a right to expect from the arrival of FDI. It examines a variety of tools that could be used, by capital-exporting countries and by capital-importing countries alike, to ensure that FDI works for development, and that international investment agreements contribute to that end. This uniquely interdisciplinary study, located at the intersection of development economics, international investment law, and international human rights is written in an accessible language, and should attract the attention of anyone who cares about the role of private investment in supporting the efforts of poor countries to climb up the development ladder.