In recent years the relationships between trade and the environment and trade and development have become increasingly complex. The need to reconcile the competing demands of economic growth, economic development, and environmental protection has become central to the multi-lateral trade agenda. In this volume various commentators debate the role of the World Trade Organization and other institutions in addressing these challenges. The book arises from the papers presented at two High Level Symposia hosted by the World Trade Organization in March 1999, on "Trade and the Environment" and "Trade and Development". The first section of the work focuses on the relationship between trade and the environment. The issues addressed include the need for WTO members to pursue integrated trade and environmental policies in order to achieve sustainable development, ways in which the removal of trade restrictions and distortions can lead to positive environmental and development solutions, the relationship between WTO provisions and trade measures contained in environmental agreements, and the need for transparency and effective interaction between civil society and the trade community. The second section examines the growing importance of developing countries in the global trading system over the last 30 years, and the ways in which the inequalities which persist between countries may be addressed. The papers include discussion of the need for integration of the least-developed countries into the multilateral trading system, the ways in which international institutions may work together to realize the objective of development, the complex role of trade liberalization in development, and the importance of new technologies in accelerating integration between developing and developed countries.

This two volume book presents an in-depth analysis of many of the most important issues facing today's shipping and port sectors. Volume 1 of Dynamic Shipping and Port Development in the Globalized Economy focuses on the application of theory to practice in Maritime Logistics.

The book expresses the views of the contributors about the present and future of Central America. Only by becoming more efficient in productivity, or by exporting non-traditional products, can this region meet the challenge ahead. Central American countries are accepting the challenge by diversifying their economies and accepting the advice of the world in terms of privatization, freedom of trade, capital, and free movement of labor. Central America needs a market for all of its products, and understanding for its new economic structure.

This book belongs to the Port Economics and Global Supply Chain Management strand of the Palgrave Studies in Maritime Economics book series, commissioned by Hercules Haralambides. This book addresses the security of the global system of maritime-based trade, with a focus on container security. Existing discussions about maritime security are almost always tactical, myopic, and fragmented. This book strives to overcome such defects by discussing maritime security from its myriad perspectives - how we should think about it, how we could measure it, and how we can better manage/control it. In this way, the authors examine the ways in which maritime stakeholders can and should work together to build a more secure and resilient global system of maritime trade.

International trade plays an enormous role in economic growth and prosperity. This activity can also be used to transfer military equipment, knowledge, and technology to hostile governments and transnational terrorist and criminal organizations seeking to attack and destroy their enemies. The U.S. and other countries have used economic sanctions such as export controls to try to restrict and eliminate the transfer of weapons and financial assets to these governments and organizations. This work examines how the U.S. has attempted to restrict the export of national security sensitive equipment, finance, knowledge, and technology since World War II with varying degrees of success and failure. It also examines how multiple U.S. Government agencies, nongovernmental organizations, and international government organizations seek to influence U.S. international trade, foreign, and security policies while concluding that some export controls are essential for promoting and defending U.S. national security interests.

The International Trade Statistics Yearbook: Volume II - Trade by Product, provides an overview of the latest trends of trade in goods and services showing international trade for 257 individual commodities (3-digit SITC groups) and 12 main Extended Balance of Payments Services (EBOPS) categories2. The publication is aimed at both specialist and general trade statistics users from government, academic and business sectors

In the 1980s, the extent of Japanese export penetration into other Western economies, particularly the USA, became a matter of international concern. There were demands for Japan to reciprocate on imports, for the Japanese market to be 'opened up' and, by some people, for sanctions or a trade war if the Japanese did not respond. This book, first published in 1989, examines the growth of protectionist sentiment and the Japanese response to it. It examines in detail the debates within Japan and discusses the measures which the Japanese took, including the voluntary export restraint measure in the motor sector. It concludes that, broadly, the Japanese did indeed respond to world demands for their market to be opened up but that successful exporting to Japan depended equally on efforts by Western companies to service that market, which they were slow to do.

This book, first published in 1989, compares, contrasts and evaluates the nature, scale and direction of industry-academic interactions in Britain and Japan: the conversion of academic discoveries into practical products. Japan shows its outstanding ability to translate scientific ideas into high technology products. Within this wider investigation, detailed consideration is given to the manner in which these interactions promote innovation and technology transfer. The information in this study provides a perspective against which decisions can be made about industry-education interaction arrangements, and much of this information is largely unavailable outside Japan.

The study, first published in 1981, traces the history and development of Japanese business from the seventeenth century, and is the only text that systematically treats the rise of Japanese business in its full complexity and against the background of contemporary social and political conditions. Each section discusses the socio-economic conditions, the leadership and business elites, the internal and external structures and the impact of values. The emergence of new types of businessmen, their ideas and approaches, their relations to the government, their handling of labour problems are all analysed. One of the most intriguing aspects of this study is the unique importance of Japanese values, their tenacious persistence and uncanny flexibility and resilience. The strengths and weaknesses of these values are examined in detail.

Economic success in Japan has been attributed to the existence of harmonious labour-management relations. This book, first published in 1991, argues that this unique 'culture of harmony' was consciously invented and developed over the last century. A semi-bureaucratic organization called the Kyochokai was established in 1919 to meet the needs of an emerging industrial society. It took the lead in trying to define the values which would be suitable for a new Japanese-style industrial culture. The resulting 'invented' tradition has played an important role in the evolution and character of Japanese economic values and behaviour.

The first comprehensive study of post-war Japanese transnational corporations in Australia, this book, first published in 1990, gives valuable insights into the particular characteristics of Japanese overseas investment. It looks at how, where and why Japanese corporations have set up their business activities in Australia, focusing on the economic, political and geographic factors shaping their operations. It presents case studies of Japanese trading companies, manufacturing companies, banks, and financial institutions. As well as highlighting the essential differences that separate Japanese transnational companies from those of the UK and the USA, the study gives new theoretical insights into the complex behaviour of Japanese corporations in their host countries.

This book, first published in 1988, assembles a key pool of references in English to help study the 'Japanese economic challenge' of the 1980s. Collectively, these writings chronicle the historical, social and cultural background of Japan's spectacular industrial take-off. They describe, analyse and interpret the diverse manifestations of Japan's economic growth.

This is the first title in The Growth of the World Economy series and collects together the most significant research and scholarship on a crucial period in the growth of international trade, from the fifteenth to the seventeenth centuries. This three hundred year span saw a dramatic expansion in the volume of world trade. Trade during this period became more truly international due to the rise of the nation-state in Europe. Articles are written by leading scholars around the world and take up such topics as the emergence of new world trade routes, trade in particular goods and commodities, European trade policies and mercantilism. With its focus on the beginnings of world trade, Trade in the Pre-Modern Era, 1400-1700 will be an indispensable reference source for all researchers concerned with the initial development of both international trade and the expansion of the world economy.

With the resurgence of 'new Protectionism', international trade and trade relations are once again prime topics for study. This book, first published in 1997, examines in detail the different ways to answer the questions: What are the causes of trade relations? And specifically, what factors determine a flow of commodities from one country to another?

The effect of US protectionist policy on stock prices of firms in the US and abroad is still an open question. This book, first published in 1996, investigates the effects of trade restrictions at the level of the individual firm, focusing on US, Taiwan and South Korea.

This study, first published in 1906, examines the position of the United States in the markets of the Chinese Empire and the steps necessary to insure a greater development of American commerce in the Far East.

This volume, first published in 1970, assesses the major reappraisal of US world commercial policy that took place in the 1960s - in particular the wishes for free trade treaties that would bring about the liberalisation of international trade.

"Wine has held its place for centuries at the heart of social and cultural life in western Europe. This book will explain how and why this came about, providing a thematic history of wine and the wine trade in Europe in the middle ages from c.1000 to c.1500. Wine was one of the earliest commodities to be traded across the whole of western Europe. Because of its commercial importance, more is probably known about the way viticulture was undertaken and wine itself was made, than the farming methods used with most other agricultural products at the time. Susan Rose addresses questions such as: Where were vines grown at this time?How was wine made and stored?Were there acknowledged distinctions in quality?How did traders operate?What were the social customs associated with wine drinking? What view was taken by moralists? How important was its association with Christian ritual? Did Islamic prohibitions on alcohol affect the wine trade? What other functions did wine have?"

The liberalization of trade and its questionable benefit; the increasing fluidity in the movement of people and trade across geo-political divides; the emergence of unregulated virtual trade and its implications on domestic economic policy; and the social implications of the new world order are all issues demanding on-going critical examination from a perspective beyond the common lens of neo-liberal economics. Such an examination is pursued in Kouzmin and Hayne edited volume Essays in Economic Globalization, Transnational Policies and Vulnerability, a collection of 13 diverse, challenging and, often, cautionary chapters contributed by an international cohort of scholars.

Little is known about the volume of international recycling in Asia, the problems caused and the struggle to properly manage the trade. This pathbreaking book addresses this gap in the literature, and provides a comprehensive overview of the international trade flow of recyclable waste in Asia and related issues. The expert contributors discuss the various types of recyclable waste that Asian countries import, and illustrate that there are consequently higher numbers of cheaper informal recyclers with lower pollution control costs than formal recyclers with more expensive but environmentally sound technologies. They explore how governments across China, Vietnam, South Korea and Japan are therefore struggling to minimize the negative impact from informal recycling via trade regulation of recyclable and hazardous waste and comprehensive cooperation mechanisms to promote efficient use of resources. Preventive measures against illegal and/or improper transboundary movement of hazardous waste in Asia are also analyzed. This unique and fascinating book aims to facilitate a common understanding of the issues caused by international recycling in Asia to encourage effective international and regional cooperation in order to establish a sound recycling system. As such, it will prove an invaluable resource to academics, researchers and students with an interest in Asian studies, economics, environmental studies, international economics and industrial economics. Contributors: V. Atienza, S. Chung, M. Kojima, E. Michida, S. Sakata, S. Sasaki, T. Terao, J. Tsuruta, A. Yoshida

Early modern, long-distance trade was fraught with risk and uncertainty, driving merchants to seek means (that is, institutions) to reduce them. In the traditional historiography on Spanish colonial trade, the role of risk is largely ignored. Instead, the guild merchants are depicted as anti-competitive monopolists who manipulated markets and exploited colonial consumers. Jeremy Baskes argues that much of the commercial behavior interpreted by modern historians as predatory was instead designed to reduce the uncertainty and risk of Atlantic world trade.
This book discusses topics from the development and use of maritime insurance in eighteenth- century Spain to the commercial strategies of Spanish merchants; the traditionally misunderstood effects of the 1778 promulgation of "comercio libre," and the financial chaos and bankruptcies that ensued; the economic rationale for the Spanish flotillas; and the impact of war and privateering on commerce and business decisions. By elevating risk to the center of focus, this multifaceted study makes a number of revisionist contributions to the late colonial economic history of the Spanish empire.

The Handbook provides the first detailed explanation and analysis of the process whereby governments become Members of the WTO. The WTO Agreement, which came into force on 1 January, 1995, provides few details on how this process is to take place. Consequently, the steps in the detailed negotiations leading up to access have evolved through the actual negotiations for governments which have become Members of the WTO since 1995. This handbook is unique in providing an account of how the process evolved and in offering details on the process as it is now applied. Moreover, the input of the WTO Secretariat into the preparation of the guide provides information not available until now to anyone outside the Secretariat. The Secretariat has supported production of this handbook in the hope it will serve as a useful source of reference for officials from acceding governments, WTO Members, academia, and the general public.

The proliferation of regional trade agreements, including both free trade agreements and customs unions, over the past decade has provoked many new legal issues in WTO law, public international law, and an emerging law of regional trade agreements. The various Parts of this book chart this development from a number of perspectives. Part 1 introduces the economic and political underpinnings of regional trade agreements, their constitutional functions, and their role as a locus for integrating trade and human rights. Part 2 examines the WTO rules governing regional trade agreements, focusing on a number of areas in which regional trade agreements prove problematic, such as trade remedies, regulatory standards and rules of origin. Part 3 investigates areas in which regional trade agreements go beyond WTO rules, in areas such as intellectual property, investment, competition, services, sustainable development and mutual recognition, while Part 4 is devoted to the dispute settlement mechanisms of regional trade agreements, and includes illuminating case studies. Part 5 explores the interrelationship between regional trade agreements and the WTO system from the perspective of public international law, involving questions with significance beyond the trade community.

The opening up of world markets, rapid growth of trade and foreign direct investment create manifold problems for competition policy. Thus, international mergers may have adverse effects on many countries, international cartels may carve up world markets and dominant firms may seek to maintain their global position by exclusionary conduct. These problems have been recognised for more than half a century and some attempts have been made internationally to address them, so far with limited success. This progressive book seeks to explore the problems and concerns that globalisation has created for competition policy. The book begins by setting out the principles of competition and trade policies, and then goes on to address the impact of market globalisation on what are usually thought of as traditional antitrust concerns. These include the analysis of the difficulties arising from collusion and other restrictive practices, government sponsored 'voluntary co-operation', vertical restrictions and market access, pricing strategies of dominant firms and international mergers, all illustrated with a number of prominent case studies. The author concludes with an illuminating discussion on the feasibility of international co-operation on competition policy, the faltering progress that has been made so far and the prospects for future advances. This comprehensive volume will prove to be an invaluable resource to students and scholars of law and economics. It will also find wide appeal amongst researchers, policy makers and practitioners with an interest in industrial organisation, antitrust policy and globalisation.

Monetary sovereignty is a crucial legal concept dictating that states have sovereignty over their own monetary, financial, and fiscal affairs. However, it does not feature as part of any key instruments of international law, including the Articles of Agreement of the International Monetary Fund. Rather, it has remained a somewhat separate notion, developed under contemporary international law from an assertion of the former Permanent Court of International Justice in 1929. As a consequence of globalization and increasing financial integration and a worldwide trend towards the creation of economic and monetary unions, the principle of monetary sovereignty has undergone significant change. This book examines this evolution in detail, and provides a conceptual framework to demonstrate what this means for the legal and economic challenges faced by the international community. The book examines the historic origins and evolution of the concept of monetary sovereignty, putting it into the context of broader concepts of sovereignty. It argues that monetary sovereignty remains relevant as a dynamic legal concept with both positive and normative components. It investigates the continuing hybridization of international monetary law resulting from changes to its formal and material sources. It then examines the complex phenomenon of exchange rate misalignment under international monetary and trade law, and the increasing regionalization of monetary sovereignty, notably in light of the European sovereign debt crisis. Finally, it assesses the role the concept of monetary sovereignty can play in the reorganization of international finance following the recent global financial crisis.