Australia and the Global Trade System

Australia and the Global Trade System

Author: Ann Capling

Publisher: Cambridge University Press

Published: 2001-04-02

Total Pages: 276

ISBN-13: 9780521785259

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Australia and the Global Trade System provides a comprehensive account of Australia's role in developing and maintaining the multilateral trade system from its origins in 1947 to the present day. Australia was one of the 23 original signatories to the General Agreement on Tariffs and Trade (GATT), and its participation was vital to the success of international efforts to reconstruct a multilateral trade system after the disastrous experiences of the 1930s. Since then, Australia has wielded far more influence in the GATT, and its successor, the World Trade Organization (WTO). This 2001 book, based on archival sources and oral interviews, makes a significant contribution to our understanding of Australia's trade policies, its commercial diplomacy, and its role and position in the global political economy. It provides a perspective on debates about the capacity of small nations to be agents as well as subjects of history.


Australia's Trade Policies

Australia's Trade Policies

Author: Richard W. T. Pomfret

Publisher: Oxford University Press, USA

Published: 1995

Total Pages: 260

ISBN-13:

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Australia's Trade Policies analyses the evolution and current content of these policies. A historical chapter explains why Australia adopted a policy of protecting manufacturing activities from import competition, and why this strategy was retained after other high-income countries reduced their trade barriers during the 1950s and 1960s. Australia began to change policy in 1973, but embarked on substantial trade liberalisation only in the 1980s. The book analyses the costs of protection and the political economy of policy reform. Individual chapters focus on primary industries, the manufacturing sector and trade in services. Going beyond the normal limits of trade theory. Chapters also deal with capital flows (and multinational enterprises) and the relationship between trade liberalisation and macroeconomic policy.