Trump, Trade, and the End of Globalization

Trump, Trade, and the End of Globalization

Author: David Steven Jacoby

Publisher: Bloomsbury Publishing USA

Published: 2018-06-15

Total Pages: 217

ISBN-13: 1440861315

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Provides a roadmap for mature industrialized countries to contribute to and benefit from global trade on new terms. Global trade is heading toward chaos. Globalization has in part been a zero-sum game over the last 20 years, as China's middle and upper classes have grown sharply while Western economies have stagnated. Wealthy countries, most notably the United States and the United Kingdom, are now on the brink of abandoning free trade as it includes both the principles and the theories behind it because their economies cannot compete with those of China and some developing countries. Prevailing protectionist attitudes and policies are based on short-term thinking and will disappoint future generations. According to author David S. Jacoby, a "new multilateralism" can provide a way out of this impending disaster by preserving innovation and growth while also curbing the impact of countries that manipulate currency, disparage the environment, and violate human rights. Jacoby clearly explains how industrialized nations can compete on a basis of differentiated technology and innovation while letting developing countries compete on a basis of manufacturing, components, and materials and makes a strong case for why the West should recommit to global trade.


The Levelling

The Levelling

Author: Michael O'Sullivan

Publisher: PublicAffairs

Published: 2019-05-28

Total Pages: 363

ISBN-13: 1541724089

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A brilliant analysis of the transition in world economics, finance, and power as the era of globalization ends and gives way to new power centers and institutions. The world is at a turning point similar to the fall of communism. Then, many focused on the collapse itself, and failed to see that a bigger trend, globalization, was about to take hold. The benefits of globalization--through the freer flow of money, people, ideas, and trade--have been many. But rather than a world that is flat, what has emerged is one of jagged peaks and rough, deep valleys characterized by wealth inequality, indebtedness, political recession, and imbalances across the world's economies. These peaks and valleys are undergoing what Michael O'Sullivan calls "the levelling"--a major transition in world economics, finance, and power. What's next is a levelling-out of wealth between poor and rich countries, of power between nations and regions, of political accountability from elites to the people, and of institutional power away from central banks and defunct twentieth-century institutions such as the WTO and the IMF. O'Sullivan then moves to ways we can develop new, pragmatic solutions to such critical problems as political discontent, stunted economic growth, the productive functioning of finance, and political-economic structures that serve broader needs. The Levelling comes at a crucial time in the rise and fall of nations. It has special importance for the US as its place in the world undergoes radical change--the ebbing of influence, profound questions over its economic model, societal decay, and the turmoil of public life.


From Global to Local

From Global to Local

Author: Finbarr Livesey

Publisher: Vintage

Published: 2017-09-19

Total Pages: 226

ISBN-13: 1101871229

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This brilliantly original book dismantles the underlying assumptions that drive the decisions made by companies and governments throughout the world, to show that our shared narrative of the global economy is deeply flawed. If left unexamined, they will lead corporations and countries astray, with dire consequences for us all. For the past fifty years or so, the global economy has been run on three big assumptions: that globalization will continue to spread, that trade is the engine of growth and development, and that economic power is moving from the West to the East. More recently, it has also been taken as a given that our interconnectedness—both physical and digital—will increase without limit. But what if all these ideas are wrong? What if everything is about to change? What if it has already begun to change but we just haven't noticed? Increased automation, the advent of additive manufacturing (3D printing, for example), and changes in shipping and environmental pressures, among other factors, are coming together to create a fast-changing global economic landscape in which the rules are being rewritten—at once a challenge and an opportunity for companies and countries alike.


The End of Globalization

The End of Globalization

Author: Harold JAMES

Publisher: Harvard University Press

Published: 2009-06-30

Total Pages: 272

ISBN-13: 0674039084

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Globalisation is here. This text provides an historical perspective, exploring the circumstances in which the globally integrated world of an earlier era broke down under the pressure of unexpected events.


Straight Talk on Trade

Straight Talk on Trade

Author: Dani Rodrik

Publisher: Princeton University Press

Published: 2019-08-27

Total Pages: 330

ISBN-13: 0691196087

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Deftly navigating the tensions among globalization, national sovereignty, and democracy, Straight Talk on Trade presents an indispensable commentary on today's world economy and its dilemmas, and offers a visionary framework at a critical time when it is most needed.


Trade Wars are Class Wars

Trade Wars are Class Wars

Author: Matthew C. Klein

Publisher: Yale University Press

Published: 2020-01-01

Total Pages: 292

ISBN-13: 0300244177

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"This is a very important book."--Martin Wolf, Financial TimesA provocative look at how today's trade conflicts are caused by governments promoting the interests of elites at the expense of workers Longlisted for the 2020 Financial Times & McKinsey Business Book of the Year Award "Worth reading for [the authors'] insights into the history of trade and finance."--George Melloan, Wall Street Journal Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees. Klein and Pettis trace the origins of today's trade wars to decisions made by politicians and business leaders in China, Europe, and the United States over the past thirty years. Across the world, the rich have prospered while workers can no longer afford to buy what they produce, have lost their jobs, or have been forced into higher levels of debt. In this thought-provoking challenge to mainstream views, the authors provide a cohesive narrative that shows how the class wars of rising inequality are a threat to the global economy and international peace--and what we can do about it.


Trump, Trade, and the End of Globalization

Trump, Trade, and the End of Globalization

Author: David S. Jacoby

Publisher: Praeger

Published: 2018-06-15

Total Pages: 0

ISBN-13: 1440861307

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Introduction: Trump, nationalism, and a future in the balance -- Trade past and present (a quick primer) -- The U.S. time bomb that blew up in 2016 -- Broader problems with trade--what's behind anti-globalism -- Is the world trade order broken? -- Can welfare states survive in the global economy? -- Potential trade scenarios -- The huge (but hard to quantify) social benefits of trade -- How mature industrial nations should forge the new multilateralism -- Conclusion: a vision for sustainable global growth through trade


Deglobalization 2.0

Deglobalization 2.0

Author: Peter A.G. van Bergeijk

Publisher: Edward Elgar Publishing

Published: 2019

Total Pages: 215

ISBN-13: 1788973461

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Deglobalization 2.0 argues that Trump and Brexit are the symptoms, and not the causes, of a long sequence of alternating phases of globalization and deglobalization driven by increasing income inequality and the retreat from the global stage by a contested hegemon. Providing rich empirical details, Peter van Bergeijk investigates similarities and differences between the Great Depression of the 1930s and the Great Recession and its aftermath of a slowdown in global trade. Providing an overview of recent findings and a discussion of contributions from several disciplines, the book investigates scenarios for the future of the economic world order and proposes possible solutions.


Death by China

Death by China

Author: Peter Navarro

Publisher: Pearson Prentice Hall

Published: 2011-05-05

Total Pages: 320

ISBN-13: 013236705X

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The world's most populous nation and soon-to-be largest economy is rapidly turning into the planet's most efficient assassin. Unscrupulous Chinese entrepreneurs are flooding world markets with lethal products. China's perverse form of capitalism combines illegal mercantilist and protectionist weapons to pick off American industries, job by job. China's emboldened military is racing towards head-on confrontation with the U.S. Meanwhile, America's executives, politicians, and even academics remain silent about the looming threat. Now, best-selling author and noted economist Peter Navarro meticulously exposes every form of "Death by China," drawing on the latest trends and events to show a relationship spiraling out of control. Death by China reveals how thousands of Chinese cyber dissidents are being imprisoned in "Google Gulags"; how Chinese hackers are escalating coordinated cyberattacks on U.S. defense and America's key businesses; how China's undervalued currency is damaging the U.S., Europe, and the global recovery; why American companies are discovering that the risks of operating in China are even worse than they imagined; how China is promoting nuclear proliferation in its pursuit of oil; and how the media distorts the China story--including a "Hall of Shame" of America's worst China apologists. This book doesn't just catalogue China's abuses: It presents a call to action and a survival guide for a critical juncture in America's history--and the world's. Publisher's note - in this book various quotes and viewpoints are attributed to a 'Ron Vara'. Ron Vara is not an actual person, but rather an alias created by Peter Navarro in order to present his views and opinions.


Hegemonic Transition

Hegemonic Transition

Author: Florian Böller

Publisher: Springer Nature

Published: 2021-08-16

Total Pages: 308

ISBN-13: 3030745058

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This book offers an assessment of the ongoing transformation of hegemonic order and its domestic and international politics. The current international order is in crisis. Under the Trump administration, the USA has ceased to unequivocally support the institutions it helped to foster. China’s power surge, contestation by smaller states, and the West’s internal struggle with populism and economic discontent have undermined the liberal order from outside and from within. While the diagnosis of a crisis is hardly new, its sources, scope, and underlying politics are still up for debate. Our reading of hegemony diverges from a static concept, toward a focus on the dynamic politics of hegemonic ordering. This perspective includes the domestic support and demand for specific hegemonic goods, the contestation and backing by other actors within distinct layers of hegemonic orders, and the underlying bargaining between the hegemon and subordinate actors. The case studies in this book thus investigate hegemonic politics across regimes (e.g., trade and security), regions (e.g., Asia, Europe, and Global South), and actors (e.g., major powers and smaller states).