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Books > Business & Economics > Economics > International economics > International trade > Trade agreements & tariffs
This book examines Sino-Middle Eastern relations on a bilateral level since World War II. It highlights the depth of China's involvement in the region with each country on a five dimensional approach: energy security, trade relations, political relations, arms sales/security cooperation, and cultural relations. Regarding each of these criteria, the Middle East holds a strategic significance to China's national security, vital interests, territorial integrity, sovereignty, regime survival, and economic prosperity. China has been an integral part of the political developments on the Middle Eastern political scene. It has supported the region's quest for independence and national liberation, exchanged diplomatic recognition with the region and established political partnerships with the Middle East. Trade relations are an essential element of China's involvement in the Middle East. Their bilateral trade volume exceeds $220 billion annually, and is steadily heading toward $500 billion by the end of 2015. The Middle East supplies fifty-four percent of China's energy needs, and is expected to provide seventy percent of China's imports by 2020. Energy security has become the core of Sino-Middle Eastern relations and the main goal of its increasing involvement in the region. China has also become a main source of arms sales to the region. The Middle East influenced Chinese culture and language immensely, simultaneously, influenced by Chinese culture, traditions and customs. Apparently, the peoples of the Middle East are enthusiastic about China's role in the region. However, the American so called "pivoting out" and China's imminent "pivoting in" brings tremendous levels of anxiety in the region. A similar situation occurred a century ago, when the people of the region, the social and political movements in the Middle East, and the governments of the region, solicited and welcomed the American involvement in the region, something they deeply resent and regret. China seems to be going through the same path, and the people of the region have begun to scrutinize its presence. If Beijing continues its inconsistent policy in the region, its injudicious support to autocracies, it will defiantly mobilize popular resentment against its involvement in the Middle East. Therefore, its presence might not endure in comparison to the American, British, or French presence in the Middle East.
This is a story about governance in Mexico after the labor and
environmental accords--called "side agreements"--that accompanied
the NAFTA treaty went into effect. These side agreements required
member states to uphold and enforce their labor and environmental
laws; though never codified, it was widely accepted that Mexico, in
particular, had a problem with law enforcement.
The central point of this book concerns three main issues: the problems of WTO retaliation, the question of the effectiveness of retaliation, and the purposes of retaliation. WTO retaliation is often deemed ineffective due to its inherited shortcomings. This book highlights the significance in identifying the purposes of retaliation prior to evaluating its effectiveness. Put differently, it refers to the purpose-based approach of effectiveness. It is a common understanding that the purpose of WTO retaliation is to induce compliance. This book, nevertheless, argues in favour of coexistence of the multiple purposes of retaliation, including reaching a mutually agreeable solution. These views are based on the extensive research conducted on the purposes of WTO retaliation, namely through interpreting Article 22 of the DSU; examining the remedies rules within the frameworks of public international law, and law and economics; and assessing the academic writings/debates as well as the statements of arbitrators. Finally, by evaluating a number of disputes involving WTO retaliation, this book demonstrates the reasonableness and soundness of WTO retaliation in light of its multiple purposes.
Key elements of the North American Free Trade Agreement (NAFTA) deal with temporary labor mobility. Ideally, NAFTA status provisions should make the temporary movement of professionals easier across the border of all NAFTA countries. However, in the case of emerging sectors such as high technology and the creative industries, it is arguably not the case. Within the context of recent literature on cross-border trade, city regions, economic clusters, international labor mobility, and post-September 11 security measures, this book probes the dynamics of transitory immigration of 'knowledge-workers' between the North American west coast city regions of Vancouver, Seattle, and the greater San Francisco Bay and Silicon Valley area, namely, Cascadia. With particular attention given to the experiences and strategies of the high tech firms that must move highly skilled workers across the Canada-US border, this book draws from 80 in-depth interviews with Canadian and US immigration officials, immigration attorneys and executives and professional staff of new technology firms and Fortune 500 companies. It develops and presents new models towards the development of an innovation cross border region, and recommends new policy approaches. Ultimately, it explores whether or not the Canada-US border is an impediment to the development of cross-border high-tech clusters. This comprehensive book will serve as a critical resource for academics in geography; political science; international relations; global studies; economics; international business and law. It will also strongly appeal to practitioners such as professional immigration lawyers, corporate firms, and governmental policy makers alike.
The negotiation of the Free Trade Area between the US and Israel was, at the time, a remarkable political accomplishment, and is a useful case study because it includes all of the industrial and agricultural sectors, thus spanning the full spectrum of issues that would be dealt with in negotiations. In addition, it has the advantage of involving just two countries and lasting only fifteen months from start to finish, facilitating a comprehensive analysis. This book, first published in 1990, provides a valuable analysis of this vital case study of an FTA from commencement to completion.
From cooperation to a new cold war: is this the future for today's two great powers?. U.S. policy toward China is at an inflection point. For more than a generation, since the 1970s, a near-consensus view in the United States supported engagement with China, with the aim of integrating China into the U.S.-led international order. By the latter part of the 2010s, that consensus had collapsed as a much more powerful and increasingly assertive China was seen as a strategic rival to theUnited States. How the two countries tackle issues affecting the most important bilateral relationship in the world will significantly shape overall international relations for years to come.In this timely book, leading scholars of U.S.-China relations and China's foreign policy address recent changes in American assessments of China's capabilities and intentions and consider potential risks to international security, the significance of a shifting international distribution of power, problems of misperception, and the risk of conflicts. China's military modernization, its advancing technology, and its Belt and Road Initiative, as well as regional concerns, such as the South China Sea disputes, relations with Japan, and tensions on the Korean Peninsula, receive special focus.
The collapse of the Doha Round hangs heavily over an already troubled world economy. Some have concluded that this failure is simply the result of a lack of political will and a pre-occupation with issues such as terrorism. But as Kent Jones reveals in The Doha Blues, the World Trade Organization needs serious structural changes, not just political backbone. He shows for instance that the WTO--now with 153 members--has become increasingly unwieldy in terms of concluding trade agreements and he suggests that countries organize around specific platform positions, a strategy that would make the "holy grail" of consensus once again possible. Jones also argues for financial support for poorer countries so that they can participate effectively in negotiations and he contends that the principle of the "single undertaking" (that "there is no agreement until everything is agreed") has become a serious and perhaps crippling constraint, and must be modified. Jones is a leading authority on trade policy and his book illuminates the real stumbling blocks to trade liberalization and highlights the way around them.
This study challenges the dominant tendency of civil society to negate international trade as such. The authors argue that it is necessary to frame differentiated trade rules based on levels of economic development, and also to shift from subsidies to shore up uncompetitive livelihoods to productivity-enhancing investments.Most importantly, the boo
When it came into force in 1994, the North American Free Trade Agreement (NAFTA) joined the economic futures of Canada, Mexico, and the United States, with systematic rules governing trade and investment, dispute resolution, and economic relations. However, economic integration among the three countries extends considerably beyond trade and investment. The NAFTA agreement takes a very narrow view of integration, barely addressing such vital issues as immigration policy and labor markets, the energy sector, environmental protection, and law enforcement. The governments of Canada, Mexico, and the United States now must confront the question of whether NAFTA is enough. Do they want to keep their trilateral relationship focused on economic matters or are they interested in integrating more deeply --perhaps initiating a process to build a North American Community similar to the European Union? This volume contains thoughtful discussions about the future of North America by knowledgeable experts from each of the three countries. Robert Pastor has written one of the more comprehensive books on the subject, Toward a North American Community (Institute for International Economics, 2001). Andr's Rozental is an ambassador at large for Mexico and president of Consejo Mexicano de Asuntos Internationacionales, the country's leading foreign policy association in Mexico. Perrin Beatty is a former foreign minister of Canada and currently the president and CEO of the Canadian Manufacturers and Exporters. The governments of Canada, the United States, and Mexico face thorny challenges as they decide whether and how to accelerate smooth, and institutionalize the integration process. Pastor, Rozenthal, and Beatty encourage greater dialogue among the three governments and their citizens, as well as more systematic thinking among policymakers and citizens about the promise and challenges of further North American integration. This volume considers the promise and challenges of further North American integration, including: - migration, security cooperation, and cross-border commerce - the establishment of a permanent North American Court on Trade and Investment, to replace the current ad hoc tribunals -the possibility of widening NAFTA to incorporate countries in Central America and the Caribbean -collaboration in dealing with criminal drug trafficking, environmental protection, energy and water management, and transportation, communications and other infrastructure development.
This work is a study of the impacts of the North American Free Trade Agreement (NAFTA). By focusing on the issue of justice in the contexts of globalization and neo-colonialism, the book contributes to a broader discussion of the significance of NAFTA. Authors Laurence French and Magdaleno ManzanOrez emphasize cultural and ethnic issues in the relations of NAFTA partners and enrich treatment of the topic by bringing to bear sociology, political science, justice studies, psychology, and educational theory. The authors relate classical sociological theory to contemporary issues of social and criminal justice.
The South Caucasus has established itself as a corridor for transporting energy from Azerbaijan to Georgia, Turkey, and on to Europe, symbolized by the Baku-Tbilisi-Ceyhan oil pipeline. This new infrastructure has created an east-west "Eurasian bridge" in which transnational extra-regional actors, especially the European Union and international financial institutions, have played a critical role. This book offers an original exploration of integration in the energy and transport sectors amongst Azerbaijan, Georgia, and Turkey, and the capacity of this to fundamentally change relations between these countries. In the period studied, from the mid-1990s to 2008, integration in energy and transport did not result in broader political, security, and sociocultural integration in any significant way. The author sets his analysis in a theoretical framework, drawing on theories of integration, but also grounds it in the detailed, empirical knowledge that is the measure of true expertise.
After describing NAFTA as 'the worst trade deal maybe ever signed anywhere', Donald Trump's election seemed to represent the final nail in the coffin for North American economic integration. Following a decade of stagnation, however, Trump's victory presents a timely opportunity to reconsider North American integration and evaluate NAFTA's democratic track record in Mexico. In this book, Pablo Calderon Martinez presents a detailed analysis of NAFTA's influence as a political tool for democracy in Mexico. Extending beyond a mere economic or social exploration of the consequences of NAFTA, Calderon Martinez uses a three-tiered analysis based on causality mechanisms to explain how the interactions between internationalisation and democratisation unfolded in Mexico. Calderon Martinez's analysis demonstrates that Mexico's internationalisation project under the framework of NAFTA gave shape to, if not made, Mexico's democratisation process. An original and timely resource for scholars and students interested in understanding how - in cases like Mexico where transitions to democracy are characterised by a finely poised balance of power - small influences from abroad can make significant long-lasting differences domestically.
Power inequalities and mistrust have characterized many interstate relationships. Yet most international relations theories do not take into account power and mistrust when explaining cooperation. While some scholars argue that power relations inhibit cooperation between states, other scholars expect interstate cooperation regardless of the power relations and level of trust. Strategic Cooperation: Overcoming the Barriers of Global Anarchy argues that although states benefit from cooperation, they are also wary of the power relations between states, making cooperation difficult. Successful and cooperative bilateral relationships are formed between strong and weak states that are power asymmetric and have mistrust of one another, but they are built in such as way as to overcome the problem of power asymmetry and mistrust. This book answers how and why states that are in power asymmetry and have mistrust of one another are able to build a cooperative bilateral relationship. It argues that states forge a relationship due to strategic needs such as economic or security needs. Slobodchikoff has developed a database composed of the whole population of bilateral treaties between Russia and each of the former Soviet republics, and examines all of these bilateral relationships. He finds that Russia indeed forged relationships with the former republics based on its strategic interests. However, despite Russia's strategic interests, it had to build a bilateral relationship that would address the issues of mistrust and power asymmetry between the states. To achieve this, Russia and the former Soviet republics created treaty networks, which served to legitimize as well as legalize the independent status of each of the former republics while also increasing the cost to Russia of violating any of the treaties. This book argues that strong treaty networks account for a more cooperative relationship between states, allowing both states to cooperate by alleviating the problems of mistrust and power asymmetry.
Several years have passed since the 'store wars' over barriers to foreign products at Japanese distribution firms. Yet among English-speaking readers, how these firms operate remains a puzzle. In this book, the best Japanese scholars in their fields attempt to unravel that puzzle. Avoiding culture-based explanations, they employ a systematic and rigorous economic logic---yet, since they also avoid mathematical notation, the argument remains accessible to generalist readers.
Agriculture has been the unruly horse of the GATT/WTO system for a long time and efforts to halter it are still ongoing. This Research Handbook focuses on aspects of agricultural production and trade policy that are recognized for their importance but are often kept out of the limelight, such as the implication of national and international agricultural production and trade policies on national food security, global climate change, and biotechnology. It provides a summary of the state of the WTO agriculture negotiations as well as the relevant jurisprudence, but also, and uniquely, it focuses on the new and emerging issues of agricultural trade law and policy that are rarely addressed in the existing literature. With contributions from a multi-disciplinary team of leading analysts from around the world, this Research Handbook will appeal to trade negotiators, international trade law and policy academics as well as postgraduate students in the field. Contributors include: K. Anderson, D. Blandford, M. Cardwell, I. Carreno, M.G. Desta, G. Dutfield, C. Haberli, L.A. Jackson, T. Josling, E. Laurenza, A. Matthews, J.A. McMahon, F. Smith, S. Switzer
In recent years, the EU has negotiated a number of so-called 'new generation' Free Trade Agreements (FTAs) with a significant number of emerging and industrialized partners, such as Canada, Singapore, Japan, Vietnam and others. This timely book gives an overview of the main constitutional issues the EU faces in negotiating, concluding and implementing these FTAs. Featuring contributions by international specialists on EU external action, this book demonstrates why these FTAs have become challenging for the EU, as well as analysing how the EU has dealt with its institutional constraints in order to remain a major international trade actor. Chapters first examine questions around EU competences and democratic issues raised by these agreements, before dealing with their implementation and enforcement, approaching these topics specifically from an EU law perspective. Drawing on a broader research project conducted by the well-regarded LAwTTIP network, this invaluable book addresses contemporary debates and future challenges for EU institutions and Member States. Scholars and advanced students of international economic relations and international and European economic law, particularly those with an interest in EU external action, will find this book essential reading. It will also prove useful to those working in EU institutions and WTO administration. Contributors include: J. Auvret-Finck, I. Bosse-Platiere, F. Casolari, E. Castellarin, F. Castillo De La Torre, M. Chamon, L.-M. Chauvel, A. de Nanteuil, J.F. Delile, M. Gatti, E. Neframi, N. Neuwahl, C. Rapoport, G. Sangiuolo, A. Suse, C. Tovo, W. Weiss, J. Wouters
This book offers a critical reflection of the North-South regional trade agreements (RTAs), known as the Economic Partnership Agreements, negotiated between the EU and the African, Caribbean, and Pacific countries. Conceiving of regions as legal regimes, Clair Gammage highlights the challenges facing developing countries when negotiating RTAs with developed countries. North-South Regional Trade Agreements as Legal Regimes offers a rich analysis of the negotiations between the EU and the southern African regional group as well as a factual presentation of liberalisation under the final agreement. Interrogating the assumption that economic growth will lead to sustainable development, this book draws insights from the experience of the Caribbean countries as they implement their Economic Partnership Agreement to question the extent to which RTAs between developed and developing countries will and can promote development through trade. This unique book will appeal to academics and advanced students in international trade law and development law. Trade practitioners in government, the private sector and civil society, including those involved in policy making and challenging the policy making process will appreciate the author's lucid analysis of analysis of the law and the broader concept of promoting development through trade.
The transformation of the BRIC acronym from an investment term into a household name of international politics and into a semi-institutionalized political outfit (called BRICS, with a capital 'S'), is one of the defining developments in international politics in the past decades. While the concept is now commonly used in the general public debate and international media, there has not yet been a comprehensive and scholarly analysis of the history of the BRICS term. The BRICS and the Future of Global Order, Second Edition offers a definitive reference history of the BRICS as a term and as an institution-a chronological narrative and analytical account of the BRICS concept from its inception in 2001 to the political grouping it is today. In addition, it analyzes what the rise of powers like Brazil, Russia, India, China, and South Africa means for the future of global order. Will the BRICS countries seek to establish a parallel system with its own distinctive set of rules, institutions, and currencies of power, rejecting key tenets of liberal internationalism, are will they seek to embrace the rules and norms that define today's Western-led order?
The Dispute Settlement Reports of the World Trade Organization (WTO) include Panel and Appellate Body reports, as well as arbitration awards, in disputes concerning the rights and obligations of WTO members.
This volume focuses on the crucial economic, political and legal aspects of global trading arrangements in the current transitional stage of the integration process. It provides an evaluation of the deepening and widening of the integration process, and places particular emphasis on the contentious issues which arise in the process of integrating previously unequal partners.Nations are contemplating taking part in various integration initiatives and schemes for a variety of purposes. They anticipate discernible improvements in the well-being of their citizens - that is, a rise in living standards resulting from closer economic integration. The international diverse group of authors begins by examining the general issues confronted by countries engaging in various levels of integration. They then go on to discuss theoretical and empirical studies of the implications of economic integration on welfare and public policy. It specifically addresses issues such as the impact on industry in participating countries and the effects of NAFTA on Mexico. This book will be welcomed by practitioners, academics and students interested in economic integration, international economics, political science and international business.
Donald Trump's New World Order addresses U.S. foreign policy initiatives during Mr. Trump's Presidency, appeasing traditional enemies such as Russia and undermining allies such as NATO and the European Union. In the book, Ambassador T. Hamid Al-Bayati outlines, region by region, policy by policy, the administration's misguided, and sometimes corrupt, initiatives and decisions, which could potentially lead to regional conflict and global war. Highlighted within the text are the administration's relationships and interactions with Russia, China, North Korea, and the Middle East, as well as within the United States. The author's critical review of Trump's foreign policy includes the impact of trade wars, military escalation, and changing global relationships, Ambassador Al-Bayati paints a stark picture of the present standing of the U.S. and a dark future that looms on the horizon. Many experts agree that Trump's foreign policy lacks coordination, consistency, and organization. Trump often contradicts himself and his supporting staff. Concerned Americans and U.S. allies struggle to find coherence in the Trump administration's foreign policy. It zigs and zags, with senior administration officials saying one thing and President Trump contradicting them without warning the next day. It punishes U.S. allies and coddles U.S. adversaries; it privileges demagogy over democracy. Mr. Trump's approach appears impulsive, improvisational and inchoate-devoid of clear purpose, values or even ideology. Ambassador Al-Bayati leaves nothing unexplored as he strives to organize and explain the current and future implications of Mr. Trump's presidency and policy.
This monograph offers the first systematic overview of the protection of human rights in trade agreements in the Americas. Traditionally, trade agreements in the Americas were concerned with economic questions and paid little attention to human rights. However, in the wake of the 'new regionalism', which emerged at the end of the last century, more clauses addressing social issues such as labour rights and environmental standards were inserted in trade agreements. As economic integration increased, a framework for the protection of human rights evolved. This book argues that this framework allows for human rights protection on a transnational level, while constructing regional identities. Looking at the four key regional integration processes, namely the Caribbean Community, the Central American Integration System, the Andean Community of Nations and the Southern Common Market, and also at the North American Free Trade Agreement, it shows how the integration process has reached a considerable degree of consolidation. Writing on key sources in English for the first time, this book will be essential reading for all free trade and human rights scholars.
The Dispute Settlement Reports of the World Trade Organization (WTO) include Panel and Appellate Body reports, as well as arbitration awards, in disputes concerning the rights and obligations of WTO members under the provisions of the Marrakesh Agreement. These are the WTO authorized and paginated reports in English. An essential addition to the library of all practicing and academic trade lawyers, and needed by students worldwide taking courses in international economic or trade law. The form of citation for this volume recommended by the WTO is DSR 2000: V.
The diversity of Latin American trade agreements established since the mid-1980s reflects a broadening range of strategic perceptions and orientations. The argument of this volume is that this increasing divergence among the arrangements reflects fundamental and growing differences among their broader strategic perceptions and political and economic objectives. These, in turn, are grounded in each country's economic profile, the institutional configuration of its trade policy process, and the constraints and opportunities policymakers perceive at the domestic and international levels. The opening chapter in this volume provides a theoretical framework that highlights the political-economic tradeoffs entailed in different trade strategies. The remaining chapters in sections I and II focus on domestic and international constraints involved in the formulation, pursuit, and implementation of trade policies. The last half of the volume contains detailed, empirically grounded studies of Argentina, Brazil, Chile, Mexico, and the dynamics of Mercosur.
Twenty years after NAFTA, the consensus seems to be that the regional project in North America is dead. The trade agreement was never followed up by new institutions that might cement a more ambitious regional community. The Security and Prosperity Partnership (SPP), launched with some fanfare in 2005, was quietly discontinued in 2009. And new cooperative ventures like the US-Canada Beyond the Border talks and the US-Mexico Merida Initiative suggest that the three governments have reverted to the familiar, pre-NAFTA pattern of informal, incremental bilateralism. One could argue, however, that NAFTA itself has been buried, and yet the region somehow lives on, albeit in a form very different from regional integration in other parts of the world. A diverse group of contributors, from the United States, Canada, and Mexico, with experience in academia, government service, think tanks and the private sector bring to bear a sophisticated and much needed examination of regional governance in North America, its historical origins, its connection to the regional distribution of power and the respective governments' domestic institutions, and the variance of its forms and function across different issue areas. The editors begin by surveying the literature on North American regional politics, matching up developments there with parallel debates and controversies in the broader literatures on comparative regional integration and international policy coordination more generally. Six contributors later explore the mechanisms of policy coordination in specific issue-areas, each with an emphasis on a particular set of actors, and with its own way of characterizing the relevant political and diplomatic dynamics. Chapters on the political context for regional policy coordination follow leading to concluding remarks on the future of North America. At a time when scholarly interest in North America seems to be waning, even while important and interesting political and economic developments are taking place, this volume will reinvigorate the study of North America as a region, to better understand its past, present and future. |
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