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Books > Business & Economics > Economics > International economics > International trade > Trade agreements & tariffs
This insightful Handbook provides a comprehensive overview of the
most recent developments in the academic debate on the numerous and
complex linkages between international trade and climate change.
Adopting a broad interdisciplinary approach, it brings together
perspectives from scholars in economics, political science and
legal studies to confront the critical environmental challenges
posed by globalization. Initial chapters provide an overview of the
key debates related to international trade and climate policy,
engaging with empirical data from the US and China to assess the
impact of new trade initiatives and policy on greenhouse gas
emissions, carbon leakage and the increase of trade in
carbon-intensive products. Contributors propose policy options that
align international trade with climate change mitigation and
address crucial legal and practical implications, including the
implementation of Border Carbon Adjustments and international trade
disputes. Offering critical and empirically-based perspectives on
the future of international trade policy, this timely Handbook is
crucial reading for scholars, researchers and graduate students in
political science, public policy and climate research. Policymakers
will also benefit from its unique and insightful policy
recommendations.
From the pen of highly esteemed trade scholar Alan Sykes, this book
presents a rigorous introduction to the law and economics of modern
international trade agreements. With a bottom-up approach that
requires neither a background in international trade law nor
significant economics training, Sykes sets out to map and explain
the complex dynamics of international trade agreements and
institutions, synthesising legal analysis and cutting-edge economic
research in order to present the reader with a sophisticated,
holistic view of the field. Against the backdrop of the current
impasse in both negotiation and dispute settlement at the World
Trade Organisation, the book charts a clear path from the
historical origins of trade law and the international system, to
the current state of play, including unpacking the major areas of
controversy. It exposits the economic theory of trade agreements,
discusses the role of international trade law in domestic legal
systems and analyzes the role of self-enforcement and formal
dispute resolution mechanisms. It provides lucid and detailed
analysis of the restrictions, exceptions, obligations and special
measures that constitute the core building blocks of international
trade rules, including the distinct features of international trade
in services. With an international outlook, the book also addresses
the role of China in the world trading system, looking at such
issues as the credibility of market access commitments, China's
industrial policies, “forced technology transfer” and currency
manipulation. Providing an eloquent, thorough and technically
astute overview of international trade agreements, this title will
be invaluable to scholars and teachers of international trade
across the disciplines of law, economics and political science.
The Research Handbook on Trade Wars presents an informative and
in-depth account of the origins, dynamics, and implications of
trade wars, which are growing both in scale and scope in today's
increasingly interdependent global economy. Timely and
comprehensive, it provides a holistic understanding of trade wars,
including not only the domestic and international factors that
influence the pattern of trade war onset and escalation, but also
the stakeholders and processes that shape the outcomes of such
highly intense trade conflicts. Leading scholars in the field
present original and thought-provoking research material,
critically engage with academic and policy debates, and make
theoretical contributions as well as valuable policy
recommendations. In addition to its in-depth analysis of the
global, domestic, political, and economic origins of trade wars,
this Research Handbook also examines the variation in the scope of
trade wars, the forum for dispute settlement, the factors that
influence the pattern of dispute escalation, and the linkages
between national security considerations and commercial conflicts.
Providing the frameworks necessary for understanding the political
and economic logics of trade wars, this Handbook will be a valuable
source of reference for researchers, government officials,
businesses, and post-graduate students interested in international
political economy, international economics, economic statecraft,
public policy, and international relations.
The United States-Mexico-Canada Agreement (USMCA), a modified and
modernized version of the North American Free Trade Agreement
(NAFTA), will continue to govern most economic relationships in
North America, including the more than $1.3 trillion in annual
regional trade in goods and services, for the foreseeable future.
USMCA preserves the bulk of the NAFTA structures that permit North
American manufacturers to compete effectively with their European
and Asian counterparts in North American and foreign markets. Once
in effect, USMCA should largely resolve the chilling effect on
investment and new hiring generated by three years of uncertainty
over NAFTA's future. This book provides a detailed analysis and
critique of the provisions of the USMCA and the USMCA's relation to
NAFTA. It is designed to assist lawyers and non-lawyers alike,
including law, economics and public policy scholars, business
professionals and governmental officials who require an
understanding of one of the worlds' most economically and
politically significant regional trade agreements.
This authoritative book explores copyright and trade in the Pacific
Rim under the Trans-Pacific Partnership (TPP), a mega-regional
trade deal. Offering a perceptive critique of the TPP, Matthew
Rimmer highlights the dissonance between Barack Obama's ideals that
the agreement would be progressive and comprehensive and the
substance of the trade deal. Rimmer considers the intellectual
property chapter of the TPP, focusing on the debate over copyright
terms, copyright exceptions, intermediary liability, and
technological protection measures. He analyses the negotiations
over trademark law, cybersquatting, geographical indications, and
the plain packaging of tobacco products. The book also considers
the debate over patent law and access to essential medicines, data
protection and biologics, access to genetic resources, and the
treatment of Indigenous intellectual property. Examining
globalization and its discontents, the book concludes with policy
solutions and recommendations for a truly progressive approach to
intellectual property and trade. This book will be a valuable
resource for scholars and students of intellectual property law,
international economic law, and trade law. Its practical
recommendations will also be beneficial for practitioners and
policy makers working in the fields of intellectual property,
investment, and trade.
The United States-Mexico-Canada Agreement (USMCA), a modified and
modernized version of the North American Free Trade Agreement
(NAFTA), will continue to govern most economic relationships in
North America, including the more than $1.3 trillion in annual
regional trade in goods and services, for the foreseeable future.
USMCA preserves the bulk of the NAFTA structures that permit North
American manufacturers to compete effectively with their European
and Asian counterparts in North American and foreign markets. Once
in effect, USMCA should largely resolve the chilling effect on
investment and new hiring generated by three years of uncertainty
over NAFTA's future. This book provides a detailed analysis and
critique of the provisions of the USMCA and the USMCA's relation to
NAFTA. It is designed to assist lawyers and non-lawyers alike,
including law, economics and public policy scholars, business
professionals and governmental officials who require an
understanding of one of the worlds' most economically and
politically significant regional trade agreements.
As the ice around the Arctic landmass recedes, the territory is
becoming a flashpoint in world affairs. New trade routes, cutting
thousands of miles off journeys, are available, and the Arctic is
thought to be home to enormous gas and oil reserves. The
territorial lines are new and hazy. This book looks at how Russia
deals with the outside world vis a vis the Arctic. Given Russia's
recent bold foreign policy interventions, these are crucial issues
and the realpolitik practiced by the Russian state is essential for
understanding the Arctic's future.Here, Geir Honneland brings
together decades of cutting-edge research - investigating the
political contexts and international tensions surrounding Russia's
actions. Honneland looks specifically at 'region-building' and
environmental politics of fishing and climate change, on nuclear
safety and nature preservation, and also analyses the diplomatic
relations surrounding clashes with Norway and Canada, as well as at
the governance of the Barents Sea. The Politics of the Arctic is a
crucial addition to our understanding of contemporary International
Relations concerning the Polar North.
The 1970s were a decade of historic American energy crises - major
interruptions in oil supplies from the Middle East, the country's
most dangerous nuclear accident, and chronic shortages of natural
gas. In Energy Crises, Jay Hakes brings his expertise in energy and
presidential history to bear on the questions of why these crises
occurred, how different choices might have prevented or ameliorated
them, and what they have meant for the half-century since - and
likely the half-century ahead. Hakes deftly intertwines the
domestic and international aspects of the long-misunderstood fuel
shortages that still affect our lives today. This approach, drawing
on previously unavailable and inaccessible records, affords an
insider's view of decision-making by three U.S. presidents, the
influence of their sometimes-combative aides, and their often
tortuous relations with the rulers of Iran and Saudi Arabia. Hakes
skillfully dissects inept federal attempts to regulate oil prices
and allocation, but also identifies the decade's more positive
legacies - from the nation's first massive commitment to the
development of alternative energy sources other than nuclear power,
to the initial movement toward a less polluting, more efficient
energy economy. The 1970s brought about a tectonic shift in the
world of energy. Tracing these consequences to their origins in
policy and practice, Hakes makes their lessons available at a
critical moment - as the nation faces the challenge of climate
change resulting from the burning of fossil fuels.
In the age of globalisation, goods, services, labour and capital
are crossing international borders on a scale never before known.
They are creating a nationless market. Governed by both the
invisible hand of business and interest and the visible hand of
authority and direction, a world market can be a free-for-all, but
it can also be constrained by the national interest of countries
that differ greatly in their social institutions and material
circumstances. This book provides a lucid and comprehensive account
of contemporary international political economy. Beginning with the
ideological underpinnings, it examines the globalisation of trade
in goods and services and labour and capital. It relates the free
economic market to social consensus and political regulation, both
within sovereign countries and at the supra-national level. The
book is comprehensive and interdisciplinary, incorporating
philosophical, political, social and economic insights on an
international scale and applying them directly to the ongoing
phenomenon of globalisation. Topical and non-nation specific, it
covers the WTO, EU, the transfer of technology, the multinational
corporation, the exchange rate, free versus regulated trade, the
status of agreements and blocs, as well as contemporary issues such
as populism, xenophobia and rapid economic growth in both rich and
poor nations. Accessible to specialists, students and the informed
reader alike, State and Trade offers wide-ranging analysis of the
politics of trade in goods and services, international investment
and the migration of labour across the globe.
The events in Seattle and other cities around the world demonstrate
that globalisation and trade liberalisation are currently under
severe pressure. There are also reasons to believe that these
pressures are being translated into measures to increase the
protection of domestic markets. This book addresses what are
arguably the four most important origins of these pressures:
macroeconomic conditions, labour policy, trade and the environment,
and market imperfections.The authors first address the role of
macroeconomic conditions and policies, and demonstrate how these
can have a crucial role in explaining 'slippages' of trade policy.
The second origin of instability is labour policy, in particular
the pressures to introduce universal labour standards. The third
economic origin the book considers is the relationship between
trade and the environment and the attempts to link trade policies
to environmental standards. The fourth origin of protectionist
pressure comes from the presence of various market imperfections
and the extent to which they affect competition. The authors
conclude that multilateral agreements can be extremely helpful in
creating the right environment for equitable trade policies, but
warn that complete success can only be achieved once major hurdles
are overcome in the highly controversial and politically sensitive
areas of labour, environment and competition. Offering a unique
perspective on the threat to globalisation, this book should be
widely read by students, practitioners and policymakers in the
spheres of international trade, transition and development studies,
and competition, labour and environmental economics.
Discussion of trade barriers has come round - inevitably it seems -
to national regimes of regulatory protection. Indeed, state
regulation has the potential to undermine the very legitimacy of
the global trading system. A compelling reconciliation between
these two paramount values is essential. This text has a twofold
purpose: to consider what has so far been accomplished in this
mission in the field of international economic law, and to
prescribe some solutions to continuing problems. This latter
endeavour amounts to a coherent and integrated plan that will
enhance the acceptability of free markets to governments, traders,
and other stakeholders alike. The challenges analysed in depth here
include: the development in the global trade regime of non-trade
policy objectives, which still tend to be treated as mere
exceptions to general obligations; the built-in emphasis on
products rather than measures; the novel risks associated with the
development of modern technology; the case-by-case approach of WTO
jurisprudence, which generally fails to investigate whether the
substance of any given domestic regulation is necessary to the
policy goals of the state in question; and the "technical and
economic feasibility" of complying with international trade
obligations. The author conducts his analysis in a broad context
encompassing the WTO system, the European Union, and the North
American Free Trade Agreement. He finds that the clash, despite the
particular institutional characteristics of these various
organizations, is a major concern of them all. The jus gentium of
international trade, he offers, is an imperative combining the good
faith principle with the communitarian duty to cooperate. Exactly
how to go about ordering this imperative is what this book is
about.
This year, the "Yearbook Commercial Arbitration" has reached the
milestone of thirty years of documenting the law and practice of
international commercial arbitration. The Yearbook provides
up-to-date and informative material to arbitration scholars and
practitioners in the form of arbitral awards and court decisions,
as well as newly adopted or amended arbitration rules. An
indispensable feature of the Yearbook is the reporting on the 1958
New York Convention, which in this volume includes the greatest
number of cases yet - 79 court decisions from 12 countries
throughout the world. These cases are indexed and linked to the
General Editor's earlier-published Commentaries on the New York
Convention, facilitating research on any aspect of the Convention.
The Yearbook also contains recent court decisions applying the 1961
European Convention, the 1975 Inter-American Arbitration Convention
and the UNCITRAL Model Law on International Commercial Arbitration,
as well as leading cases on topical issues from a variety of
jurisdictions. Austrian, French, German, Italian, Russian, Spanish
and Swedish decisions are translated into English, giving the
reader access to material which might otherwise be inaccessible.
Arbitral awards made under the auspices of the Iran-US Claims
Tribunal, the International Court of Arbitration of the
International Chamber of Commerce, the German Maritime Arbitration
Association and the Hamburg Friendly Arbitration deal with
procedural and substantive issues of general interest to the
business and legal communities. New and amended rules adopted by
the China International Economic and Trade Arbitration Commission
(CIETAC), the China Maritime Arbitration Commission (CMAC) and the
International Chamber of Commerce (ICC) are reproduced and
information is provided on arbitration legislation recently enacted
in Chile, Denmark, Norway, Philippines and Poland. A Bibliography
and List of Journals keep the reader up-to-date on relevant
literature. The worldwide scope and variety of the materials of the
Yearbook assure the reader of a comprehensive annual overview of
international commercial arbitration.
This book offers a comprehensive account of the transatlantic regulatory cooperation phenomenon: its causes and political context in a globalizing economy, its theoretical understanding, its relationship to trade and competition, its implications for democracy, and its likely directions in the future. This book recognizes that, while national authorities are still the principal actors in regulatory fields, regulation is increasingly an international affair.
Transnational corporations (TNCs) have moved to the forefront of
regulatory governance both within states and in the international
arena. The Research Handbook on Transnational Corporations provides
expert background commentary and up-to-date insights into
regulatory frameworks impacting on TNCs at global, industry and
national levels. Written by global experts in their field, this
unique collection of essays provides in-depth understanding of how
the forces of globalisation affect the world's largest
corporations, and how those corporations, in turn, shape
globalisation. Comprehensive yet highly accessible, this is the
first major work on the reciprocal impact of TNCs on regulatory
processes. The Research Handbook provides guidance on how best to
understand the rapidly evolving relationship between TNCs and the
processes of treaty making, the formation of global industry
standards and the processes of national law making and policy
formation (with a focus on resource taxation). Global, industry and
national-level case studies are used to explain the basic
principles used to support state, private, and international
regulatory programs. Delivering both theoretical and practical
insights into the regulation of TNCs, this timely and authoritative
Research Handbook will be of particular interest to policy makers,
industry practitioners and lawyers. Students and academics will
also find it to be an invaluable resource. Contributors include: R.
Anderson, M. Bowman, L. Cata Backer, A. Chou, A. De Jonge, G.
Gilligan, D. Gleeson, M.A. Gonzalez-Perez, V. Harper Ho, J.A.
Kirshner, D. Kraal, L. Leonard, R. Lopert, M.E. Monasterio, P.
Neuwelt, J. O'Brien, A. Ruhmkorf, R. Tomasic, M. Woersdoerfer
The first scholarly attempt at a comprehensive analysis of a
crucial area of international trade law and institutions, this
volume provides critical insights into the role played by
developing countries in the GATT/WTO committees. It explores how
the developing countries have shaped and been shaped by the
committees on anti-dumping, textiles, agriculture, and trade and
environment, and suggests how these countries can further improve
their participation. In doing so, the book challenges established
assumptions about how the developing countries have engaged with
the developed countries and with one another under the umbrella of
the multilateral trading system.
Developing countries comprise a two-thirds majority of the
membership of the World Trade Organization, with nearly 30 of these
classed by the UN as being among the 48 least-developed countries
in the world. In order to ensure the equitable participation of
these countries in the benefits of the global trading system, the
GATT Uruguay Round Agreements that created the WTO accorded special
and differential treatment to developing countries. This guide
covers these provisions of the WTO Agreements, with detailed
information on how developing countries can benefit from special
rules governing such areas as; access to developed country markets
in all major commodities and services, the dispute settlement
process, trade policy review, foreign direct investment,
environmental and labour standards, and technical assistance. The
Guide also offers the reader case studies on how some developing
country members of the WTO (Uganda, India, and Cote d'Ivoire) are
making progress in working with the obligations and the benefits
provided to them by the WTO Agreements.
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