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Books > Business & Economics > Economics > International economics > International trade > General
This book is the first to use local primary sources to explore the interaction between foreign and native merchants in Asian countries. Contributors discuss the different economic, political and cultural conditions that gave rise to a variety of merchant communities in Korea, China, Japan, Taiwan, the Philippines, Singapore and India.
Education and media services have much in common. Both provide services that embody local cultures, in which there is extensive public sector participation and significant domestic regulation. At the same time, both are dramatically affected by the information and communications technology revolution. The production of information content now involves huge costs in terms of research and development or artistic talent, whilst the cost of making such products available to other consumers is very low. This in turn challenges the effectiveness of domestic regulation and raises fundamental questions about its purpose, calling for an increased scope for international trade and investment, and the development of supply chains.Yet, both areas are lightly committed in international trade agreements like the GATS. This lack of commitment and the lack of additional impact from negotiations in bilateral discriminatory trade agreements are cross-cutting themes in the book.Trade Policy in Asia responds to these issues to provide readers with a comprehensive and consistent treatment of policy in the higher education and media services sector across a range of Asian economies little studied in the existing literature. The book opens the discussion with an overview of global trends in each area, followed by detailed, country-specific studies. Through comparative work, it identifies common elements across these sectors and highlights critical implications for trade policy.Education services themes include the growth and impediments involved in various forms of trade and investment; the emergence of a 'new wave' of globalization; obstacles faced by domestic providers in supplying services; a common ambition to become an education services hub for international students; and the scope for greater international cooperation in research.Media services themes include the impact of new technology on options for content delivery and the associated problems for policy implementation and copyright protection, and the new challenges of globalization for social goals relating to local cultures, as well as risks involved in implementing policies that pursue these goals.
Demands for a fairer system of trade to address the growing immiseration and poverty of large numbers of people, particularly in the developing world, found a new channel for expression trhough the Fair Trade movement, picking up momentum from about the mid-70s. The Politics of Fair Trade: A Survey offers a concise and up-to-date critical overview of fair trade in an accessible style. It's four sections include: Essay chapters covering a range of issues from the links between free trade, fair trade and globalization, discussions on ethics in trade and the politics of supply chains, to the branding, marketing and certification of fair trade, and its implications for development. Case studies providing in-depth explorations of some of the major fair trade commodities; handicrafts, coffee and cocoa. An A - Z glossary comprising detailed entries explaining terms, organizations, issues and topics on fair trade, with cross referencing for ease of use. A section on data and statistics, including estimated Fairtrade retail sales by country, counties where Fairtrade-certified producer organizations can be found, Fairtrade premium spending etc.
In The Cultural and Political Intersection of Fair Trade and Justice, Stenn uses Amartya Sen's theory of justice and Geert Hofstede's theory of cultural dimensions to answer the question: 'Is Fair Trade fair?' This exciting new volume focuses on a study of the effects of Fair Trade on indigenous women. Their stories are reported by the women themselves, which Stenn uses to develop a deeper understanding of Fair Trade, globalization, culture, and policy in building justice. This comparative study of Fair Trade and its effect on Bolivia's Andean women, working independently in handicrafts and collaboratively in agriculture, analyzes how Fair Trade has grown to become a multi-billion dollar, global industry. Stenn's 15 years of working with indigenous Andean women makes this in invaluable source for the study of Fair Trade and for Bolivia's population.
The need to reduce disability and premature deaths from non-communicable diseases (NCDs) is increasingly engaging international organisations and national and sub-national governments. In this book, experts from a range of backgrounds provide insights into the legal implications of regulating tobacco, alcohol and unhealthy foods, all of which are risk factors for NCDs. As individual countries and the international community move to increase targeting of these risk factors, affected industries are turning to national and international law to challenge the resulting regulations. This book explores how the effective regulation of tobacco, alcohol and unhealthy foods can be achieved within the context of international health law, international trade and investment law, international human rights law, international intellectual property law, and domestic laws on constitutional and other matters. Its contributors consider the various tensions that arise in regulating NCD risk factors, as well as offering an original analysis of the relationship between evidence and health regulation. Covering a range of geographical areas, including the Americas, the European Union, Africa and Oceania, the book offers lessons for health and policy practitioners and scholars in navigating the complex legal fields in which the regulation of tobacco, alcohol and unhealthy foods takes place.
This book analyzes the factors behind the recent expansion of Fairtrade and questions whether the trust given to the scheme by "ethical" shoppers is warranted. It goes about this assessment by analyzing the claim of ethical shopping and by scrutinizing the specific contribution of the Fairtrade Certification Mark to producer s welfare. This assessment is based on information gathered in a mixture of desk-based research and fieldwork carried out in Argentina, Bolivia, Chile, Peru, Tanzania and South Africa. This book comprises separate chapters written by academics of various backgrounds, who have worked together on Fairtrade, it should however be noted that the authors do not necessarily hold a common set of views in respect to Fairtrade."
As Malaysia s economy grows and flourishes, strong new links are being forged with other developing countries in the region and beyond. This book traces the ways in which age-old organizational, political, religious and trade networks between "Nusantara," the Malay World, and Central Asia, East Africa and the Middle East have changed in recent years. The book argues that these old links are being revived by new forms of globalization, modernization and knowledge transfer that are developing and implementing non-western models of governance, often in direct reference to Islam. The book goes on to explain how, as Malaysia develops new links with Indian Ocean countries, many of them Muslim countries, a new style trading network is being formed, a network with Islamic characteristics, which echoes Indian Ocean Islamic trading networks of earlier times. Interspersed with interesting methodological insights into the latest network, transnational and spatial theories, the book provides detailed case studies of Malaysia s and Southeast Asia s trade and numerous other links with Indonesia, Egypt, Zanzibar, Comoros and Central Asia, and concludes by assessing how Malaysia s and ASEAN s new style network is likely to develop and influence wider global networks. Written with a depth of knowledge reflective of the author s many years of research throughout Asia, this book gives a real insight into how Malaysia s mentalities, traditions and ways of thinking are being applied to its interactions with its immediate neighbours and the wider world."
The Everything But Arms (EBA) regulation of the European Union (EU) has been hailed as a groundbreaking initiative for developing countries. Since 2001 EBA grants almost completely liberalized access to the European market for products from the least-developed countries (LDCs). It quickly became the most symbolic European trade initiative towards the Third World since the first Lome Convention in the 1970s. Given its central position in EU discourse and its continuing relevance for the European and international trade agenda, this book attempts to present a thorough analysis of EBA. European Union Trade Politics and Development contains contributions from a diverse range of scholars who collectively present a comprehensive picture of EBA. This volume also contains a broader analysis of EU trade politics towards the South, focusing on agricultural policy reform, Europe s evolving relationship with ACP countries (ex-colonies from Africa, the Caribbean and the Pacific), it links EBA with Europe s negotiating position within the World Trade Organization. Contributions to this volume also consider the continuing negotiation leverage of EBA within the Doha Development Agenda, make comparisons with United States trade policy vis-a-vis the LDCs, and focus on the economic effectiveness of EBA in terms of its stated objectives as well as on the institutional skirmishing within the EU."
The European Union has launched an important debate on the future of the EU budget from 2013. This discussion is to cover all aspects of EU revenue and expenditure, including that on the Common Agricultural Policy (CAP). The CAP has been radically transformed in recent years, but the issue of its reform, including its goals, its effectiveness in reaching them and the question of division of responsibility and financing between the EU and member states, is once again at the centre of attention. This collection features well-known experts in the field and aims to contribute to the debate on the present state and future prospects of the CAP and other EU policies. The topics covered range from the EU budget to food safety, rural development, sustainable food consumption, and the influence of international trade negotiations. Many of the ideas presented here are original and controversial and intended to fuel the debate on this important topic. For instance, there are various proposals for the EU budget, the division of responsibilities between the EU and its member states, and the shape of the CAP post-2013.
The Arms Industry is an area that is of huge concern to many people
around the world. The economics of this hugely important industry
are a vital strand that needs to be understood.
It is an appropriate time to rethink the relationship between trade regionalism and multilateralism in the Asian context as we witness the proliferation of free trade agreements (FTAs) in Asia. In the 1980s and 1990s, many scholars and policymakers believed that Asian integration was market-based, rather than legal-based, and that Asian integration would never be codified through agreements. Yet today, there are a large number of FTAs signed and under negotiation in Asia.This book investigates the appropriate relationship between regionalism and multilateralism, with a special reference to recent FTAs in Asia. It is undeniable that past trade multilateralism-regionalism debates centered on the trade-in-goods aspect. However, the majority of recent FTAs in Asia cover issues beyond trade-in-goods and tariff liberalization, such as trade facilitation, services, and economic cooperation. While the General Agreement on Tariffs and Trade (GATT) Article XXIV governs regional integration initiatives in trade in goods, there is no (or at most a thin) World Trade Organization (WTO) Agreement that stipulates the relationship between regionalism and multilateralism in issue areas other than goods.Thus, this study carefully considers the meaning of "WTO-compatible FTAs" by distinguishing "WTO consistency" and "WTO friendliness", going beyond GATT Article XXIV debates and proposes a general framework for examining the openness of regionalism in various issue areas by identifying tree-type questions to distinguish several types of exclusiveness. It then specifically asks the following questions: Can Asian FTAs that cover several issues be considered multilateralism friendly? How does the relationship between regionalism and multilateralism differ between trade-in-goods and non-goods issue areas? What are policies that might reduce the exclusiveness of regional initiatives? The study concludes by listing counterintuitive policy suggestions to make FTAs truly WTO compatible. The book also includes a comprehensive list of FTAs in Asia and several WTO Agreements relating to trade regionalism.
A deep and unresolved tension exists within American trade politics between the nation's promotion of an open world trading system and the operations of its democratic domestic political regime. Whereas most scholarly attention has focused on how domestic politics has interfered with the United States' global economic leadership, Orin Kirshner offers here an analysis of the ways in which U.S. leadership in the arena of global trade has affected American democracy and the domestic political regime. By participating in multilateral trade agreements, the U.S. Congress has transferred its trade policymaking authority to the president and, through international trade negotiations, from the American state to the GATT/WTO regime. This reorganization of policymaking authority has resulted in the "triumph of globalism," and fundamentally alters the citizen-state relationship assumed in democratic theory. Kirshner illustrates this process through four case studies: The Reciprocal Trade Agreements Act of 1945, The Trade Expansion Act of 1962, The Trade Act of 1974, The Omnibus Trade and Competitiveness Act of 1988, and further examines the impact of the Uruguay Round Agreements Act of 1994 on the political and institutional structure of American trade politics up to the current period. American Trade Politics and the Triumph of Globalism makes a significant contribution to the study of both international trade and domestic American politics. This is essential reading for students and scholars of trade policy, international political economy, American politics, and democratic theory.
From 1823 to 1860 a fleet of small, fast brigs and schooners carried chests of opium from India to China, often facing the challenges of pirates and typhoons along the way. This shadowy trade, conducted by American, British, and Indian firms, thrived despite its moral and legal consequences. Drawing largely on primary sources, the story of the opium trade comes through in the voices of those who saw it firsthand. Appendices describe a favourite shipboard recipe, two of the ships involved in the trade and their crews, excerpts from accounts of the Opium War, and language equivalents for proper and place names. A bibliography is included, and maps and photographs help illumine this important and unusual period of history.
This collection explores the analytical, empirical and normative components that distinguish socio-legal approaches to international economic law both from each other, and from other approaches. It pays particular attention to the substantive focus (what) of socio-legal approaches, noting that they go beyond the text to consider context and, often, subtext. In the process of identifying the 'what' and the 'how' (analytical and empirical tools) of their own socio-legal approaches, contributors to this collection reveal why they or anyone else ought to bother--the many reasons 'why' it is important, for theory and for practice, to take a social legal approach to international economic law.
Success in today's globalized business environment requires deep knowledge of varied areas, and the willingness to engage in commerce not just across geographic areas, but cross-culturally and environmentally as well. Doing Business in Latin America offers an in-depth look at a complex region, integrating practitioners' and scholars' ideas to examine business conducted in Latin America through the lens of international business and globalization. The book introduces, discusses, and explains in detail the historical, economic, cultural, political, and technological impacts of globalization and business conduct in Latin American countries. It also considers the contemporary business environment of the area, looking at how current country and regional factors have affected the process of starting and operating businesses. Finally, it looks forward to the emerging trends that portend the future of business in these countries. With its combination of contemporary analysis and historical discussion, this book is a vital tool to all scholars and practitioners with an interest in the opportunities offered by the current Latin American business environment.
Success in today's globalized business environment requires deep knowledge of varied areas, and the willingness to engage in commerce not just across geographic areas, but cross-culturally and environmentally as well. Doing Business in Latin America offers an in-depth look at a complex region, integrating practitioners and scholars ideas to examine business conducted in Latin America through the lens of international business and globalization. The book introduces, discusses, and explains in detail the historical, economic, cultural, political, and technological impacts of globalization and business conduct in Latin American countries. It also considers the contemporary business environment of the area, looking at how current country and regional factors have affected the process of starting and operating businesses. Finally, it looks forward to the emerging trends that portend the future of business in these countries. With its combination of contemporary analysis and historical discussion, this book is a vital tool to all scholars and practitioners with an interest in the opportunities offered by the current Latin American business environment."
Using the developmental history of Taiwan as a starting point,
Flexibility, Foresight and Fortuna critically examines several
prevalent formulations of domestic development and international
economy.
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.
A deep and unresolved tension exists within American trade politics between the nation's promotion of an open world trading system and the operations of its democratic domestic political regime. Whereas most scholarly attention has focused on how domestic politics has interfered with the United States' global economic leadership, Orin Kirshner offers here an analysis of the ways in which U.S. leadership in the arena of global trade has affected American democracy and the domestic political regime. By participating in multilateral trade agreements, the U.S. Congress has transferred its trade policymaking authority to the president and, through international trade negotiations, from the American state to the GATT/WTO regime. This reorganization of policymaking authority has resulted in the "triumph of globalism," and fundamentally alters the citizen-state relationship assumed in democratic theory. Kirshner illustrates this process through four case studies: The Reciprocal Trade Agreements Act of 1945, The Trade Expansion Act of 1962, The Trade Act of 1974, The Omnibus Trade and Competitiveness Act of 1988, and further examines the impact of the Uruguay Round Agreements Act of 1994 on the political and institutional structure of American trade politics up to the current period. American Trade Politics and the Triumph of Globalism makes a significant contribution to the study of both international trade and domestic American politics. This is essential reading for students and scholars of trade policy, international political economy, American politics, and democratic theory.
This book is a review of the development of the WTO dispute resolution procedure and the power and influence it has gained over the practises of the member countries as well as in other international treaties. The book addresses the development of environmental competency in the WTO and examines the arguments of those who oppose WTO rule making with impacts on the environment. The WTO's interactions with multilateral environmental agreements are considered and recent WTO cases including the 2011 US/Mexico tuna dispute and the US sea turtles decision are analysed in detail. In examining how an international organisation which was established with a specific purpose in mind has come to interact in fields beyond its original remit, James Watson demonstrates how the dispute resolution system at the WTO has come to work in a judicialised manner, operating with an informal system of precedent. This has led to the contracting parties placing more reliance on the decisions of the dispute panels and appeal body when considering policy options, with WTO rulings increasingly influencing the behaviour of national legislatures in regard to the environment. The book goes on to make concrete recommendations, based on existing practise in the WTO dispute resolution procedure, which could enhance decision making in environmental cases heard by the WTO. The book argues that this could be achieved with straightforward amendments to the WTO, based on existing practices endorsed under the WTO for other policy considerations. The WTO and the Environment will be of particular interest to academics and students of International and Environmental law.
This volume presents important analyses of international trade, technology transfer and the global economics of intellectual property rights through selected and key works of Keith E Maskus, spanning his long career. The book includes 17 chapters, ranging from theoretical modeling to empirical and statistical analysis, and policy contributions. Readers will find significant questions addressed in the determinants of trade, foreign direct investment, patents and trade, licensing, parallel imports, and innovation. These chapters span the scope of economic analysis of the globalization of intellectual property and technology transfer, a field in which the author has been a pre-eminent presence.
This book considers the impact of uncertainty on traditional theories of international trade.
The Doha Development Agenda held the promise of substantial gains for developing countries. However, the realization of these gains is far from obvious: the interests of various groups of countries differ greatly and technical complexities have hampered further progress since the very start of the negotiations. Against the background of the agenda of the present trade negotiations of the World Trade Organization and its slow progress, this enlightening book outlines the positions of the main players. Its central focus is to analyze the main effects of these positions and to find a way to complete the Doha Round so a meaningful contribution to its main objective i.e. development, is made. Key issues discussed include: the rise of the G20 group of developing countries led by Brazil, China and India the reasons for the failure of the WTO Ministerial Conference at Cancun in 2003 the prospects for the poorer developing countries - with emphasis on Africa in particular. This timely and topical book enables the reader to monitor and evaluate the ongoing negotiations in the DDA, and is a natural follow-up to the bestselling 2001 Routledge title World Trade Organization Millennium Round edited by Deutsch and Speyer.
This handbook is a detailed exploration of the theories, policies, and issues stemming from the field of International Trade. Written by specialists in the field, the chapters focus on four important areas: factor proportions theory, trade policy, investment, and new trade theory. The extensive analysis covers such topics as the Heckscher--Ohlin Trade Model and the Stolper--Samuelson Price Link, as well as wages, antidumping, and political economics.* Explores the theories, policies and issues stemming from the field of International Trade.* Focuses on factor proportions theory, trade policy, investment, and new trade theory.* Includes analyses of the Heckscher--Ohlin Trade Model and the Stolper--Samuelson Price link.
The trade conflicts that the EU has faced within the EU or WTO context demonstrate that the question of how to balance trade and other societal values in situations of uncertainty has not been solved by the regulatory model evolved by the EU in the aftermath of the BSE crisis - one which privileges processes of depoliticisation and scientification. This book addresses the current key dilemmas around science, law and the regulation of trade, both on a regime level and in the context of particular industrial sectors, e.g pharmaceuticals, climate change and nanotechnology. It will present possible future research avenues by looking at both theory and practice and learning from various disciplines (law and social sciences), legal realities (WTO, USA and EU) and actors (regulators, stakeholders, courts). |
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