The Shape of a Swiss-US Free Trade Agreement

The Shape of a Swiss-US Free Trade Agreement

Author: Gary Clyde Hufbauer

Publisher: Peterson Institute

Published: 2006

Total Pages: 396

ISBN-13: 9780881323856

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At first sight, a free trade agreement (FTA) between Switzerland and the United States seems implausible, but this important new study concludes that an FTA between the two countries would be highly worthwhile to both. As leading advocates of market capitalism, Switzerland and the United States are well situated to conclude an FTA that breaks new ground in dismantling barriers. The study finds that the annual GDP gains to each partner from expanded trade could be on the order of $1.1 billion.


Toward a US-Indonesia Free Trade Agreement

Toward a US-Indonesia Free Trade Agreement

Author: Gary Clyde Hufbauer

Publisher: Peterson Institute

Published: 2007

Total Pages: 280

ISBN-13: 0881324027

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Indonesia is the largest Muslim country in the world. Would a free trade agreement (FTA) with the country be beneficial both economically and politically to the United States? What kind of benefit could Indonesia expect? This book presents a case for improved trade relations between Indonesia and the United States and recommends advancing exploratory talks toward a US-Indonesia FTA. The authors present a detailed study of the stakes involved in the various areas of the proposed negotiation and estimate the FTA's potential for trade creation, trade diversion, and welfare under different scenarios.


Sustaining Reform with a US-Pakistan Free Trade Agreement

Sustaining Reform with a US-Pakistan Free Trade Agreement

Author: Gary Clyde Hufbauer

Publisher: Peterson Institute

Published: 2006

Total Pages: 338

ISBN-13: 9780881323955

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"This Policy Analysis previews the case for more decisive US economic engagement of Pakistan and suggests that a US-Pakistan FTA could reinforce existing reforms and push the envelope in economic areas where Pakistan (and South Asia more generally) have lagged. In keeping with the Institute's extensive research agenda on prospective US FTAs, we present a detailed analysis of the costs and benefits of a US-Pakistan FTA for the signatory countries, for regional integration, and for the world trading system."--Preface.


Working Papers

Working Papers

Author: Peterson Institute for International Economics

Publisher: Peterson Institute

Published: 2006

Total Pages: 496

ISBN-13: 9780881323887

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Perhaps the most popular of all Institute products, selected Working Papers are now available for the first time in a print format. These papers contain the preliminary results of ongoing Institute research. The book is divided into four sections: Trade and the Global Economy, Outsourcing, Asia, and the Middle East. Included in the book are papers by Edwin M. Truman, Morris Goldstein, Gary Clyde Hufbauer, Nicholas R. Lardy, Catherine L. Mann, and Marcus Noland. Volume I contains papers from 2005. Future volumes will be published on a semi-regular schedule as material is available.


The Trans-Pacific Partnership and Asia-Pacific Integration

The Trans-Pacific Partnership and Asia-Pacific Integration

Author: Peter A. Petri

Publisher: Peterson Institute

Published: 2012-06-15

Total Pages: 177

ISBN-13: 0881326658

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"While global trade negotiations remain stalled, two tracks of trade negotiations in the Asia-Pacific--the proposed Trans-Pacific Partnership (TPP) agreement and a parallel Asian track--could generate momentum for renewed liberalization and provide pathways to region-wide free trade. We estimate that world income would rise by $295 billion per year on the TPP track, by $766 billion if both tracks are successful, and by $1.9 trillion if the tracks ultimately combine to yield region-wide free trade. The tracks are competitive initially but their strategic implications appear to be constructive: they generate incentives for enlargement and mutual progress and, over time, for region-wide consolidation. The "21st century" template of the TPP would be especially productive because it is likely to offer opportunities for the leading sectors of both emerging-market and advanced economies. An ambitious TPP template would generate greater gains from integration than less demanding alternatives, but it will be harder to sell to China and other key regional partners as the TPP evolves toward wider agreements. The crucial importance of Asia-Pacific integration argues for an early conclusion of the TPP negotiations, but without jeopardizing the prospects for region-wide or even global agreements based on it in the future"--Provided by publisher.


Global Values and International Trade Law

Global Values and International Trade Law

Author: Csongor István Nagy

Publisher: Routledge

Published: 2021-12-26

Total Pages: 195

ISBN-13: 1000480518

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Exploring the relationship and interaction between economic interests and normative non-trade values, this book argues that the emergence and development of non-trade values is based on a complex dialectic interaction between selfish economic interests and normative values, and examines how their structural interdependence has given rise to a remarkable evolution in international trade. Conceiving this relationship as an intricate dialectic one that is neither purely value-driven, nor purely economic-interest-driven, it addresses the emergence, function, and role of non-trade values in international trade with a synthetizing approach and explores the results of their interaction in international economic intercourse. Approaching the non-trade issues of trade in a holistic manner, the book demonstrates that trade can operate smoothly only if it is framed by an architecture of normative value standards and international trade liberalization has reached the level where further development calls for cooperation also in fields that, at first glance, may appear to be non-trade in nature.


Local Content Requirements

Local Content Requirements

Author: Gary Clyde Hufbauer

Publisher: Columbia University Press

Published: 2013-10-05

Total Pages: 258

ISBN-13: 088132681X

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In the wake of the Great Recession of 2008–09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great Depression of the 1930s. To some surprise, officials were more restrained and largely avoided traditional forms of protection (tariffs and quotas). As a result, economists underestimated the incidence of new protectionism because policymakers increasingly turned to more opaque behind-the-border nontariff barriers (NTBs). Using a combination of statistical analysis and case studies, the authors show that local content requirements (LCRs), a form of NTB, have become increasingly popular. How much was global trade actually reduced on account of LCRs? A conservative estimate might be $93 billion. Case studies featured cover the healthcare sector in Brazil, wind turbines in Canada, the automobile industry in China, solar cells and modules in India, oil and gas in Nigeria, and "Buy American" restrictions on government procurement.


Confronting The Curse

Confronting The Curse

Author: Cullen Hendrix

Publisher: Columbia University Press

Published: 2014-04-12

Total Pages: 221

ISBN-13: 0881326771

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Countries blessed with abundant natural resources often seek financial and political power from their supposedly lucky status. But the potentially negative impact of natural resources on development of poor countries is captured in the phrase "the resource curse." Instead of success and prosperity, producers of gold, oil, rubber, sugar, and other commodities—many in the least developed parts of Africa and Asia—often remain mired in poverty and plagued by economic mismanagement, political authoritarianism, foreign exploitation, and violent conflict. These difficulties and the many challenges they pose for American foreign policy are the focus of this important new book. Marcus Noland and Cullen S. Hendrix review recent developments as poor countries struggle to avoid the "resource curse" but fall too often into that trap. They call for support for international efforts to encourage greater transparency and improved management of natural resource wealth and for new partnerships between the West and the developing world to "confront the curse."