International trade continues to expand robustly in East Asia and
elsewhere, but global trade negotiations have collapsed and
globalization is widely criticized.
In this book, the participants of the thirtieth Pacific Trade
and Development Conference-including the then-Director General of
the World Trade Organization, and leading government officials,
academics and executives from a dozen major Pacific Rim
economies-debate whether global negotiations have ended once and
for all, or are suffering temporarily from 'globalization fatigue;'
whether East Asia's new regional partnerships will advance or
undermine the global trading system; and whether the region's trade
tensions with the United States will intensify or subside. They
provide new empirical evidence on how trade affects the
distribution of income, the location of pollution-intensive
industries, the causes of 'outsourcing, ' the structure of the
intellectual property regime, and international security. And they
probe the implications of adjustment to globalization: how can
countries reap the benefits of trade while controlling the risks
faced by the poor and, perhaps more importantly, the politically
strong?
Challenges to the Global Trading System is an invaluable
resource for students and scholars of Asia-Pacific studies,
international relations and development studies, as well as those
with a more general interest in Asian studies.
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