The monograph Actors of Globalization portrays a group of New York businessmen engaged in global trade from 1784 to 1812. It follows their businesses around the world and shows how through wit, flexibility, and the help of a worldwide net of business partners the merchants were able to quickly rise to global entrepreneurs speculating on wars, food crises and slave revolts. The ramifications of their commerce were felt at home, where the merchants invested in land and city development, established new financial institutions and contributed to a rising consumer culture. This book brings together global and local history, arguing that private actors played an important role in the economic and social development of the young United States.

This work covers trade policy from 1923 to 1995 taking the history of American tariffs from the Prelude to Trade Wars to the present. It begins during the period of high tariffs and discusses the arguments for and against protectionism. Cordell Hull and the Reciprocal Trade Agreements of the 1930s are discussed along with the increase in trade revenue from these agreements. The major changes in trade policy including GATT, the European Community, and many more are discussed in the work. It is part of an on-going debate among economic historians over the supposed movement of the United States toward protectionism since the 1980s.

Cross-border investments and cooperative business ventures are driving the global economy on an unprecedented scale. Business professionals and policy makers must be aware of the potential of trading blocs as a competitive weapon given the rising importance of multinational trade. The coming years promise to be the era of the Trade Pact Wars as Canada's recently announced trade talks with Chile, Germany's push for closer trans-Atlantic ties with the United States, and ASEAN efforts to promote intraregional trade all test the fledgling World Trade Organization in its role as the watchdog of global trade.

Delener examines the rationale for international trading blocs and free trade with a focus on the implications for strategic planning of firms and national industry sectors. He looks at the development and conditions of the major existing regional trading blocs and discusses issues that will impact those who do business within them. NAFTA, the European Union, South American trading blocs, and efforts in Asia and Africa are all examined in detail. Strategic planning, anti-dumping issues, and global standards are also considered. The book provides professionals, researchers, and students with a firm grasp of the issues of central importance to strategic planning in global corporations and multinational trading blocs. Those who fail to grasp the significance of multinational trading blocs will face tough times while those who plan for it will see their nations and businesses thrive and prosper.

The Korea-Singapore Free Trade Agreement (KSFTA) is Korea's first comprehensive FTA involving any ASEAN member country and provides a framework for building a strong strategic and economic partnership between Korea and the ASEAN countries. It is therefore designed to be a building block in the process of community building efforts towards an East Asian Community in the long run as well as towards global free trade. This book analyses and documents the rationale behind the agreement and its impact on the economies of Korea and Singapore, underpinning the growing economic linkages between the two countries that have become stronger since the enforcement of the agreement.

This innovative book offers help to managers and firms as they deal with cross-cultural issues in their operations. As newly independent nations offer new market opportunities for international firms, cross-cultural issues are presenting new competitive problems. Increasingly, both new and experienced firms are encountering difficulties and often committing costly blunders as they attempt to deal with the cultural issues. In an insightful text that is both theoretical and practical, the author offers an interesting staffing and structural alternative to help firms regain and maintain their competitive edge.

An in-depth look at the cultural environment of the emerging global economy provides insight into the cultural-issue problems facing all businesses. While the problems are crucial for internationally operating business firms, domestically operating firms are also beginning to encounter critical cross-cultural problems. Maddox notes a number of costly blunders made by firms and analyzes the different reasons for these blunders. The critical role of the cultural integration function in organizations in dealing with these problems is explored, along with the inadequacy of continuing or merely increasing past efforts. A new organizational structure response is proposed as an alternative to the old way of dealing with the problem.

A comprehensive, critical analysis of the interactions between investment, trade and the environment. It examines the consequences of existing multilateral investment and trade regimes, including the WTO and the MAI for the environment, and asks how they should be reformed to protect it. In doing so, the text shows how these regimes can be greened without erecting protectionist barriers to trade that frustrate the development aspirations of poorer countries. The solution seeks to offer a way out of one of the most difficult dilemmas in international policy: how investment and trade can protect the environment without encouraging protectionism by the industrialized world.

Economics and Politics of Trade Policy brings together a set of 16 papers that focus primarily on the political economy of international trade. What sets these papers apart is the recurrent theme of developing and extending political economic analysis beyond details commonly considered when the papers were written. The book takes a deeper look at institutional and behavioral details that researchers have formerly overlooked, delving into issues such as administered rather than legislated protection; incorporation of unemployment; and behavioral considerations such as fairness. Together with a few other papers that consider theoretic issues of trade, this book will provide a thought-provoking overview of the most important research on international trade, political economy and policy over the past decades.

Despite three decades of continuous globalization, transitional economies in many countries remain marginalized. In order to maximize the positive growth of employment creation opportunities in various sectors, including agriculture, existing patterns of long-run sustainable equilibrium relationships, technology transfers, and trade to promote export-led economic growth must be examined and identified. Regional Trade and Development Strategies in the Era of Globalization provides a comprehensive overview of globalization and regional initiative trends of trade and development through the examination of theoretical and practical experiences of their underpinning principles through approaches to overcome the obstacles of globalization and its positive and negative impacts on global trade and economic development. The content within this publication examines economic integration, foreign investment, and financial risk. It is designed for trade specialists, government officials, students, researchers, policymakers, business professionals, academicians, and economists.

This contributed volume examines the far-reaching effects of the weakening of OPEC's cohesion and influence in the 1980s, the resulting decline of oil prices, and the accompanying economic reversals. These events resulted in both fortune and misfortune for oil users and producers and dramatically changed energy economics worldwide. Moreover, as revealed in this volume, the decade of the 1980s demonstrated that oil producers and oil importers can prosper in an atmosphere of mutual respect, cooperation, and moderation.

The work examines major oil-related topics such as the experiences of OPEC and non-OPEC oil suppliers in the 1980s, adjustment and response of oil importers to changes in the oil market, the impact of oil price changes on both the developed and developing world, and possible future developments in the global oil market. This volume will be of interest to scholars of energy and international economics, as well as professionals in the area of energy development and markets.

This second volume of the ""Handbook of International Trade"" focuses on the economic and legal analysis of international laws and institutions as they impact trade.

Containing chapters written by both economic and legal scholars, this volume encourages cross-discipline discussion with writing that is accessible to those approaching the material from any background.

Central issues to those studying international trade are addressed, including:
labor, environmental rights, and preferential trade agreements
antitrust policy
patent rights
trade liberalization
foreign direct investment.

Trade disruption and industrial organization are the subject of this penetrating look at the effects of the new protectionism in international trade. This volume provides five case studies of threats and protection in particular industries as a basis for discussion of the political economy of quota threats. Stockhausen analyzes the effects of quota threats on countries with competition in the export industry, on countries with monopoly in the export industry, and on those with duopoly or oligopoly in the export industry. Consideration is given both to large--and small--country cases under varying cost structures. The effects of relaxing some of the assumptions in the model, especially allowing for consumers and suppliers from third world countries, are also discussed.

This book is the first in eight years to address the purposes, patterns, and prospects of Chinese arms transfers, and the only book to address China's recent and provocative rise to prominence as an arms trader since the mid-1980s. Focusing on the 1980s and the prospects for the 1990s, the work analyzes the principal arms trade relationships of the People's Republic of China to provide a greater understanding and more nuanced insight into the arms trade policies and goals of the world's fourth largest arms supplier.

This study finds that the economic motive for arms exports--the generating of foreign currency--while important, does not fully or even adequately explain why the Chinese export arms. Rather, Chinese arms exports should be seen in the light of political and strategic motivations, which are often more important. This book should appeal to both scholars and policymakers in the field of international relations.

Harold Crookell focuses on a major North American response to globalization: the U.S. - Canada Free Trade Agreement which became effective on January 1, 1989. Writing for executives of U.S. and Canadian businesses with activities in one another's countries, Crookell is particularly concerned with the effects of the agreement on parent-subsidiary relationships in the U.S. and Canada and on North America's ability to compete in the global economy. He provides a comprehensive overview of the history of free trade between the two countries, offers a clearer understanding of the agreement itself and how it differs from Europe 1992, shows how globalization is affecting parents and subsidiaries in the U.S. and Canada, and offers recommendations for transforming subsidiaries into integrated, contributing affiliates who will be effective global competitors in their own right.

Crookell begins with a brief discussion of the history of Canada-U.S. dialogue on free trade over the past 130 years, showing how a dramatic change in the competitive environment finally led to passage of the current agreement. He then examines some important aspects of the Free Trade Agreement contrasting them with the key thrust of the Europe 1992 initiative. The third chapter deals with the ideology of free trade and the different challenges it poses for the two countries. He then turns to an extended examination of the issues of globalization and parent-subsidiary relations under the new agreement. Special attention is given to how American subsidiaries in Canada respond to the challenge of free trade and the role they can play in the competitive strategies of their parents. In the final chapter, Crookell looks at the many unresolved issues still being negotiated and the societal adjustment each country will have to make in order to ensure the success of the agreement. Anyone involved in U.S.-Canadian trade will find this book an important first step toward that end.

Utilizing contemporary accounts of India, China, Siam and the Levant, this study provides rich detail about these exotic lands and explores the priorities that shaped and motivated these bold envoys and chroniclers. Ames and Love offer a fascinating look at the symbiotic nature of cross-cultural interaction between France and the major trading regions of the Indian Ocean basin during the 17th century. During this period of intense French interest in the rich trade and cultures of the region, Louis XIV and his minister Jean-Baptiste Colbert in particular were concerned with encouraging French travelers, both clerical and lay, to explore and document these lands. Among the accounts included here are those of Francois Bernier, Jean-Baptiste Tavernier, and Francois Pyrard. Because these accounts reflect as much about the structures and priorities of France as they do about the cultures they describe, Ames and Love hope their analysis bridges the gap between studies on early modern France and those on the major Asiatic countries of the same period. Their findings challenge the current thinking in the study of early modern France by demonstrating that overseas expansion to Asia was of considerable importance and interest to all segments of French society. Specialists in traditional "internal" French history will find much in this study of European expansion to complement and supplement their research.

In this timely volume, Nicholas Gianaris examines trade and investment relations and related economic policies as they affect development trends in Europe and the United States. Particular emphasis is placed on the potential effects on the historical ties between the United States and Europe of such developments as the integration of Western Europe in 1992, the rapid opening of Eastern Europe, German reunification, and the potential for stronger economic cooperation in North America. Gianaris examines the impact of these issues on a wide range of economic matters including the relationship between the private and public sectors, the openness of markets, the degree of industrialization, fiscal and monetary policy, business regulation and taxation, joint ventures, and mergers and acquisitions.

Following an introductory overview, Gianaris reviews historical trends in the economic relations between the European Community and the United States, especially the intensive postwar efforts at European integration which followed, to some extent, the successful example of the United States. The next two chapters address the similarities in economic organizations and related fiscal and monetary policies as they affect trade and other financial transactions between the European Community and the United States. Gianaris goes on to examine in more detail trade and investment relations, including such issues as capital flows and currency realignment, as well as the growing phenomena of transatlantic joint ventures and acquisitions. The final chapter assesses relations with the dramatically changing Eastern European countries and the expected results of the unification of Germany. Students and scholars in international trade and finance will find this analysis of current and potential future economic relations between the United States and the European Community enlightening reading.

"Dogfight "examines the intense rivalry of the past two decades between the European Airbus consortium and the major U.S. aircraft manufacturers, Boeing and McDonnell Douglas. From the Americans' point of view, Airbus has been heavily subsidized by its supporting governments--indeed nearly nationalized--and not exposed to the risks and disciplines of the market place. From the European perspective, Airbus has been a standard-bearer for European technological, manufacturing, and marketing prowess in the face of historical American industrial domination. This dispute has spilled over the bounds of the purely commercial and become a serious transatlantic trade issue.

Although there has been a certain amount of admiring writing about Airbus in Europe, there has been no previous attempt to weigh the issues even-handedly by exploring them on both sides of the Atlantic. Dogfight examines the roots of the conflict in the middle sixties and carries the story forward to the tentative agreement on some of the outstanding issues reached by the U.S. administration and the European Commission in the spring of 1992. In placing the controversy in its political and international context, the author has had access to many of the key players in the industry in both Europe and the United States and has interviewed a large number of politicians, officials, and senior airline and aircraft executives.

Business firms are currently being forced to make a variety of changes to respond to both threats and opportunities in the international economy. This volume examines in detail the many ways successful companies establish a presence in overseas markets. The authors classify operations in the international environment into four categories. First, companies that do not want to actually establish local production facilities can export directly to targeted markets or engage in turnkey operations. Historically, this has been one of the most important means of acquiring international markets and continues to be a viable strategy today. Second, establishing contractual relationships with foreign companies is effective when a firm does not want to operate a wholly earned subsidy. Third, operating wholly owned facilities in other nations is one of the most preferred methods of gaining and maintaining a presence overseas. Firms typically employ this strategy either by building new facilities or by merging with or acquiring existing companies. The authors demonstrate how the approach used by business depends on the nature of the obstacles a host government places before foreign commerce.

This book provides a comprehensive analysis of South-South regional trade issues, with a particular focus on sustainably fostering Africa's regional trade agenda. It examines the extent to which South-South regional trade agreements (RTAs) have contributed toward enhancing regional integration and economic expansion in Africa in particular, and in the South in general. The authors recommend new conceptual frameworks, appropriate initiatives, and workable policy recipes to help South-South RTAs enhance Africa's economic transformation trajectory. The book underscores the geo-politics, as well as the opportunities and challenges that emerging economies now represent for Africa in the context of South-South regional trade policy. Readers will learn how Africa can strengthen its regional trade game by securing and building on the positive outcomes of South-South RTAs.

Dr. Hines draws on her own extensive worldwide research and her consultations with major multinational corporations to provide a comprehensive, detailed study of the rationale underlying the emergence of global private power, ways to find opportunities for further development within the global private power business, and alternative methods and techniques for its development and finance. Her book shows that, with assistance from bilateral and multilateral government agencies such as the International Finance Corporation and the various national export-import banks, project debt ratios resonably low. Equity is usually contributed to the project by all the major participants. Global competition for viable power projects is tending to reduce costs and increase plant efficiencies. This work is a major contribution to our understanding of what global power privatization is, where it is being implemented and how it is done, and the various considerations that energy executives and public policymakers worldwide should keep in mind when they seek financing for their private power projects.

Global power plant development commonly starts with regional and country risk analysis as the developer views alternative opportunities and compiles a prospectus for potential investors. As the developer analyzes the financial, market, operating, resource, political, and other risks, he or she usually considers possible methods of risk mitigation. With the participation of key host and home country and foreign partners, the developer selects the new location, the type of power plant and necessary equipment for the desired output, the fuel types and sources, the potential customers, the private financing methods, and the possibility of financial guarantees from the host government and bilateral and multilateral organizations. The markets of Asia, Latin America, and Europe present unusually good opportunities at the turn of the new century.

Gale explains why international negotiations have not produced a sustainable solution to tropical rainforest degradation. Using an innovative, critical approach to international regimes, the author analyzes the structure and operation of the International Tropical Timber Organization (ITTO). He shows how the timber industry and producing- and consuming-country governments created a blocking alliance that favoured developmentalist interests and ideas. The ITTO bolstered this alliance by permitting environmentalists merely to voice, but not to negotiate, their concerns.

This book presents a comprehensive view of recent developments in the theory of international trade agreements and political economy, by focusing on research by Raymond Riezman. This pioneering work introduced terms of trade effects and strategic behavior to the theory of international trade agreements. This is complemented by a careful analysis of how politics affects international trade agreements.The book brings together work which focuses on the question of why international trade agreements occur and what forms they take.

This book examines the high technology trade beteen Britain, France, West Germany, Japan, and the oil-producing states of the Middle East. Claiming that the economies of the Middle East are undergoing transformations resulting in constantly changing technological needs, the authors argue that supplier states will have to be able to adapt to those needs if they hope to outdistance their competitors.

Port Management brings together a collection of seminal papers from Palgrave's journal Maritime Economics and Logistics. It is a dynamic volume, containing contributions from leading authors with different disciplinary backgrounds, representing a vast regional diversity. The volume provides authoritative and timely investigations into key topics in port economics, including research on: global supply chains, port networks, choice modelling, port infrastructure, competition, port pricing, efficiency in European seaports, and an analysis of Chinese container ports. It is essential reading for professionals, scholars, and researchers interested in port economics.