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.

While 'off the books' consumption is not exceptional in the United States, it is much more common and nearly universal along the U.S-Mexico border. Within the border zone of South Texas, consumption informality is in fact a way of life where 98.9% of South Texans surveyed have consumed informal or underground products. For example, households may employ services such as a coyote (human smuggler), a nanny, or a computer technician to clandestinely bring a family member or valued worker across the border, provide care for children, or repair a home computer, respectively, in transactions that go unrecorded and, more often than not, undetected by the government.
Consumption, Informal Markets, and the Underground Economy focuses on Hispanic (Latino) consumers from a distinctive region in the United States where informal and underground markets thrive. Using original qualitative ethnographic field interviews and quantitative field survey results, this exciting new volume explores the rationale for and model of 'off the books' consumption in a borderlands environment.

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.

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.

This book examines aspects of the operation of the WTO dispute settlement system during the first ten years of the WTO. It covers a representative cross-section of the issues and situations WTO Members have dealt with under the Dispute Settlement Understanding. The book is unique in that it includes contributions from virtually the entire gamut of actors involved in the day-to-day operation of the WTO dispute settlement system: Member government representatives, private lawyers who litigate on behalf of Member governments in the system, Appellate Body members, Appellate Body Secretariat staff, and WTO Secretariat staff. It also includes contributions from several academics who closely follow and carefully scrutinize all that goes on within the system. It therefore provides fascinating insights into how the system has operated in practice, and how the lessons of the first decade can be applied to make the system even more successful in the years to come.

This book provides an in-depth analysis of "Mega-Regionals", the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA), but the findings are also applicable to similar agreements under negotiation, such as the Regional Comprehensive Economic Partnership (RCEP).The specific features of Mega-Regional Trade Agreements raise a number of issues with respect to their potential effect on the current system of international trade and investment law. These include the consequences of Mega-Regionals for the most-favoured-nation (MFN) principle, their relation to the multilateral system of the World Trade Organization (WTO), their democratic legitimacy and their interaction with existing bilateral investment treaties (BITs).The book is intended for academics and practitioners working in the field of international economic law.

The process of food production and distribution has grown into a global corporate system in recent years. This has caused significant impacts on sustainability on an international scale, particularly for developing nations. Establishing Food Security and Alternatives to International Trade in Emerging Economies is a pivotal reference source for the latest scholarly research on agricultural trade relations and trade liberalization in the context of developing countries. Highlighting a range of pertinent topics such as crop productivity, rural development, and value-added agriculture, this book is ideally designed for academics, researchers, graduate students, and practitioners interested in the current state of global food markets. Topics Covered: The many academic areas covered in this publication include, but are not limited to: Climate Change Crop Productivity Food Safety Maritime Piracy Rural Development Trade Policies Value-Added Agriculture

"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.

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.

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 discusses the developments in trade theories, including new-new trade models that account for firm level trade flows, trade growth accounting using inverse gravity models (including distortions in gravity models), the impact of trade liberalization under the aegis of regional and multilateral liberalization efforts of economies using partial and general equilibrium analysis, methodologies of constructing ad valorem equivalents of non-tariff barriers, volatility spillover effects of financial and exchange rate markets. The main purpose of the book is to guide researchers working in the area of international trade, especially focused on empirical analysis of trade policy issues by updating their knowledge on issues related to trade theory, empirical methods, and their applications. The book would prove useful for policy makers, academicians, and researchers.

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.

The Asia-Pacific region has emerged as a dominant player in trade and will continue to be an influential pole of world trade and economics, with the center of gravity shifting to this region. This book presents analytical insights into the various regional and bilateral trade agreements (RTAs) and their beneficial effects on bilateral trade and development. It provides an incisive analysis and a roundup of all major RTAs and also presents an overview of all major agreements between the countries involved, which might propel their trade flows and influence future economic engagements.The book in a novel way also discusses possible obstacles that are encountered during the implementation of RTAs and circumvention routes, once those taken into account could ensure the successful execution of the agreements. The book dwells on the issue of regionalism and multilateralism with reference to General Agreements on Trade and Tariffs and World Trade Organisation, which have revolutionized the trade dynamics by opening up new areas of trade-rules and formulating specific policy guidelines for the member countries to adhere to during trade negotiations. The book also provides new insights into some of the issues of negotiations such as sensitive lists, trade and investment cooperation, including trade in services, rules of origin, non-tariff barriers, anti-dumping etc. The book also focuses on policy instruments that could convert trade gains to development gains. The existing economic cooperation arrangements in the region as well as those that are at various stages of study and negotiations, empirical insights and policy suggestions are elucidated in detail.

Providing a critical account of the collapse of the FTAA negotiations and alterations to power relations in the Americas, this book argues that the collapse was rooted in a "crisis of authority" prompted by growing opposition in the Americas to US leadership and the neo-liberal reforms that had been promoted by Washington since the 1980s.

Country's affairs are greatly impacted by shifts in government; thus, the availability of research on current happenings within governmental policy and relations is imperative to keep citizens informed. Uncertainties and Risk Assessment in Trade Relations presents an innovative examination of the ambiguities of foreign importing and exporting and its impact on governmental aspects such as global relations and financial stability. Featuring coverage on a range of topics including border adjustment, tax reforms, and liquidity regulation, this publication is targeted towards academicians, researchers, and students interested in the recent happenings and opinions of international trade.

This is the fourth biennial edition of this handbook, which presents statistical data concerning the foreign economic relations of the European member countries of the Council for Mutual Economic Assistance (CMEA): Bulgaria, Czechoslovakia, the German Democratic Republic, Hungary, Poland, Romania, and the USSR. It also includes information on Yugoslavia. The handbook provides facts and figures on international trade flows, and on turnover in selected trade commodities between the supranational trading groups such as OECD, EEC, EFTA, and CMEA, and between CMEA members. It also provides information on international indebtness.

Examining how leading developing countries are increasingly shaping international economic negotiations, this book uses the case studies of India and South Africa to demonstrate the ability of states to exert diplomatic influence through different bargaining strategies and represent the interests of the developing world in global governance.

This book tries to integrate the different arrangements devised in the MTS for small and large NMEs into one analytical framework and explores two sets of rules (GATT/WTO-minus and GATT/WTO-plus) along three historical stages (shaping, weakening and strengthening). The focal point of this book is to uncover the composition and structure of the NME treatment in the MTS, its evolving logic and process, and the nature and trend of the political-economic relations between NMEs and the MTS.

The European Union (EU) has now become the largest trade partner of China. While the Sino-US trade relations and particularly the high-profile trade disputes between the US and China get considerable academic attention for geopolitical reasons, very few researches have been done on the Sino-EU trade disputes that gradually loom large on the horizon. This book delves into the trade disputes between China and the EU and identifies the causes for trade disputes. It examines how the disputes will shape the China-EU trade relations, and offers a macro overview on how the issues can be resolved or at least how they should be managed.

This timely book sheds light on the Sino-EU trade disputes thus putting it in global perspective and enriches the literature in this regard.

This volume is a major historical contribution to the enduring debate about whether trade makes peace more likely. In nine detailed historical case studies - spread over 500 years and spanning the globe - the contributors explore the dynamic between trade and conflict and examine the consequences of their intersection, direct and indirect, immediate and long term, anticipated and unexpected, transformative and destructive. The contributors break new ground by collectively showing that trade and conflict have been reciprocally constitutive: trade sparks conflict and conflict in turn provokes the adaptation of trade. Scholars who affirm a close association between trade and peace will have to take into account the close and persistent connection between trade and conflict, as will the makers of current trade policy.

In this timely volume, the ongoing, dramatic economic and geopolitical changes in NAFTA and the European Union are examined. Gianaris pays particular attention to the potential for stronger economic cooperation between North America and Western Europe. This unique book deals with similarities in economic organizations and related fiscal and monetary policies as they affect trade and financial transactions between these regions, and provides a detailed examination of trade and investment relations, capital flows, and currency realignments as well as transatlantic joint ventures. In addition, it deals with problems of privatization, employee participation, closer integration, and the challenge of enlarging NAFTA to include other Latin American countries and the European Union to include Eastern Europe. Gianaris weaves together a historical framework with comparative studies of the nation-states of NAFTA and the European Union. He discusses structural changes and the main problems and developments in the relationships between NAFTA and the European Union as well as problems of mutual trade, investments, and joint ventures. A useful book for students, scholars, and investors with a broad range of interests in the American and European continents.