Regionalism versus Multilateral Trade Arrangements

Regionalism versus Multilateral Trade Arrangements

Author: Takatoshi Ito

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 432

ISBN-13: 0226387038

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There is no doubt that the open multilateral trading system after World War II was a key ingredient in the rapid economic development of the entire world. Especially in Hong Kong, Korea, Singapore, and Taiwan, exports increased dramatically both in absolute terms and as a percentage of GNP. In the 1980s, however, preferential trading arrangements (PTAs) began to emerge as significant factors affecting world trade. This volume contains thirteen papers that analyze the tensions between multilateral trading systems and preferential trade arrangements and the impact of these tensions on East Asia. The first four chapters introduce PTAs conceptually and focus on the unique political issues that these agreements involve. The next five essays present more direct empirical analyses of existing PTAs and their economic effects, primarily in East Asia. The last four papers concentrate on the outcomes of individual East Asian nations' trading policies in specific instances of preferential agreements.


The Political Economy of the World Trading System

The Political Economy of the World Trading System

Author: Bernard M. Hoekman

Publisher:

Published: 2009

Total Pages: 766

ISBN-13: 0199553777

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The Political Economy of the World Trading System is a comprehensive textbook account of the economics, institutional mechanics and politics of the world trading system. This third edition has been expanded and updated to cover developments in the World Trade Organisation (WTO) since its formation, including the Doha Round, presenting the essentials of trade negotiations and the WTO's rules and disciplines. The authors focus in particular on the WTO's role as the primary organisation through which trading nations manage their commercial interactions and the focal point for cooperation on policy responses to the rapidly changing global trading environment. It is the forum in which many features of the globalisation process are considered, and it currently faces an unprecedented set of challenges. The increasing importance of countries in Asia, Latin America and Africa in international trade relations, the revealed preference towards regionalism, intensification of trade conflicts, the role of business groups and NGOs in trade policy formation and negotiations, and pressures for more leadership in an institution threatened by paralysis are examples of issues that are discussed in some detail; all are critical for the operation of the system and for international business in the coming decade. This edition also includes numerous real-world examples to illustrate how the WTO impinges on business, workers and households, written from the perspective of managers and business associations. An insider's view of the institutional history of the WTO allows the authors to use a variety of conceptual tools to analyse the working of the WTO in a non-technical manner. Suggestions for Further Reading at the end of each chapter and an extensive bibliography make the volume suitable both for introductory and postgraduate courses on international economics and business, international relations, and international economic law.


The Canadian Agreement on Internal Trade

The Canadian Agreement on Internal Trade

Author: Mr.Michael P. Leidy

Publisher: International Monetary Fund

Published: 1998-04-01

Total Pages: 29

ISBN-13: 1451847084

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Under a federal system of government, the division of responsibilities between the federal, provincial/state, and local levels of government may create internal barriers to trade. To deal with this problem, the federal and provincial governments in Canada established the Agreement on Internal Trade (AIT). This paper takes stock of the achievements and shortcomings of the AIT. Because the internal barriers to trade being addressed by the AIT are not unique to Canada, the agreement presents a useful model for reform that could be emulated by other countries.


Comparative Regionalism

Comparative Regionalism

Author: Fred H. Lawson

Publisher: Routledge

Published: 2017-03-02

Total Pages: 613

ISBN-13: 1351949993

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Regionalism has regained momentum in the post-Cold War era. New economic groupings continue to spring up across the globe, while older regional organizations have strengthened their institutional bases and broadened their scope. Explaining the reinvigoration of regionalism requires comparative analyses that not only highlight the commonalities that characterize various regional experiments but also account for the differential outcomes and divergent trajectories such projects exhibit. This collection of seminal articles on regionalism advances theoretical concepts that can stimulate useful comparisons, along with scholarly surveys of important instances of regionalism in the contemporary world. Besides classic studies of the European Union, the volume includes authoritative overviews and case studies of regionalist projects in East Asia, Sub-Saharan Africa, Latin America, the Middle East and Central Eurasia. An introductory essay situates these articles in the context of the five decade-long research program on regional integration theory.


The Ashgate Research Companion to International Trade Policy

The Ashgate Research Companion to International Trade Policy

Author: Kenneth Heydon

Publisher: Routledge

Published: 2016-03-16

Total Pages: 586

ISBN-13: 131704309X

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This volume provides a state of the art review of current thinking on the full range of trade policy issues, addressing the economic and political dimensions of international trade policy. The volume contains a systematic examination of: - specific trade policy instruments (such as tariffs, non-tariff barriers and trade rules) - sectoral concerns (in agriculture, manufacturing and services) - trade linkages (to issues such as the environment and labour standards) - systemic considerations (what role for the WTO?) The organising theme of the volume is that open markets for trade and investment yield large potential gains in human welfare as long as trade policy is conducted as an integral part of broader domestic economic management and regulatory reform, and as long as the particular challenges facing developing countries are effectively addressed. This 'case' is presented on the basis of rigorous analysis of first principles and of empirical experience among key trading nations. An integrated set of original and comprehensive perspectives from a diverse group of experts, linked by a common organisational thread. The contributing authors create an ideal mix of internationally recognised experts together with younger specialists making their mark in trade policy analysis; academics as well as trade policy practitioners; and representatives of both developed and developing countries.


Making Sense of Globalization

Making Sense of Globalization

Author: François Bourguignon

Publisher: Centre for Economic Policy Research

Published: 2002

Total Pages: 136

ISBN-13: 9781898128670

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Globalization is, in some respects, a centuries-old phenomenon. Only now, however, are we examining which aspects of the current wave are old and which are new and the effects of these on poverty and inequality in the world. Furthermore, it is difficult to be sure whether the poor economic performance of some countries (notably in sub-Saharan Africa) is due to their having been insufficiently open to the world economy, or whether they lacked the institutions and capacities (such as in human capital) that would have enabled them to benefit from such opportunities and embrace globalization successfully. CEPR's new Policy Paper analyses how various institutions, including corporations, national governments and the many institutions of civil society, have responded or potentially could respond to these developments.


Indonesia and the ASEAN Free Trade Agreement

Indonesia and the ASEAN Free Trade Agreement

Author: Alexander C. Chandra

Publisher: Lexington Books

Published: 2008

Total Pages: 310

ISBN-13: 9780739116203

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Chandra provides a political-economic analysis of the dynamic relationship between ASEAN economic integration and Indonesian nationalism. This book is suitable for those interested in contemporary Southeast Asian affairs.