The Inefficacy of Trade Policy

The Inefficacy of Trade Policy PDF Author: Robert E. Baldwin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 36

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Book Description

The Inefficacy of Trade Policy

The Inefficacy of Trade Policy PDF Author: Robert E. Baldwin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 36

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Book Description


Trade Policy in a Changing World Economy

Trade Policy in a Changing World Economy PDF Author: Robert E. Baldwin
Publisher: University of Chicago Press
ISBN: 9780226036113
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
Trade policy issues are no longer solely the concern of a few government specialists and academics. Manufacturers, businesspeople, educators, and government officials must keep abreast of laws and regulations relating to trade, the economic consequences of various trade measures, and current trends in policy, but there have been few coherent sources for such information. Trade Policy in a Changing World Economy provides a clear introduction to complex trade issues, covering theoretical issues of trade policy, the changing nature of American trade policy, the changing nature of American trade policy since World War II, multilateral trade negotiations, and trade strategies. The volume is particularly timely as the world's nations enter a new round of GATT negotiations for the reduction of trade barriers.

Trade Policy Issues and Empirical Analysis

Trade Policy Issues and Empirical Analysis PDF Author: Robert E. Baldwin
Publisher: University of Chicago Press
ISBN: 0226036510
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in protectionism among industrial countries. In turn, major analytical developments in international economics have revolutionized trade theory, broadening its scope both by introducing in a more formal manner such concepts as imperfect competition, increasing returns, product differentiation, and learning effects and by including the study of political and economic factors that shape trade policy decisions. This collection of papers—the result of a conference held by the NBER—applies these "new" trade theories to existing world cases and also presents complementary empirical studies that are grounded in more traditional trade theories. The volume is divided into four parts. The papers in part 1 consider the problem of imperfect competition, empirically assessing the economic effect of various trade policies introduced in industries in which the "new" trade theory seems to apply. Those in part 2 isolate the effects of protection from the influences of the many economic changes that accompany actual periods of protection and also examine how the effects from exogenous changes in economic conditions vary with the form of protection. Part 3 provides new empirical evidence on the effect of foreign production by a country's firms on the home country's exports. Finally, in part 4, two key bilateral issues are analyzed: recent U.S.-Japanese trade tensions and the incident involving the threat of the imposition of countervailing duties by the United States on Canadian softwood lumber.

The Political Economy of American Trade Policy

The Political Economy of American Trade Policy PDF Author: Anne O. Krueger
Publisher: University of Chicago Press
ISBN: 0226455017
Category : Business & Economics
Languages : en
Pages : 474

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Book Description
Exploring the political and economic determinants of trade protection, this study provides a wealth of information on key American industries and documents the process of seeking and conferring protection. Eight analytical histories of the automobile, steel, semiconductor, lumber, wheat, and textile and apparel industries demonstrate that trade barriers rarely have unequivocal benefits and may be counterproductive. They show that criteria for awarding protection do not take into account the interests of consumers or other industries and that political influence and an organized lobby are major sources of protection. Based on these findings, a final essay suggests that current policy fails to consider adequately economic efficiency, the public good, and indirect negative effects. This volume will interest scholars in economics, business, and public policy who deal with trade issues.

A General Equilibrium Analysis of US Foreign Trade Policy

A General Equilibrium Analysis of US Foreign Trade Policy PDF Author: Jaime De Melo
Publisher: MIT Press
ISBN: 9780262041225
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
The authors' model is the first large-scale computer simulation of the effects of changes in U.S. import quotas.

International Political Economy

International Political Economy PDF Author: Benjamin J. Cohen
Publisher: Routledge
ISBN: 1351926594
Category : Political Science
Languages : en
Pages : 448

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Book Description
Prior to the 1970s, few serious efforts were made to bridge the gap between economics and political science in the study of international relations. Systematic scholarly analysis of International Political Economy (IPE), emphasizing formal integration of elements of orthodox market and political analysis, is really of very recent origin. This volume brings together some of the most important research papers published in the modern field of IPE since its birth less than four decades ago, emphasizing work that has significantly advanced theoretical and analytical understandings. Coverage includes grand questions of systemic transformation and system governance as well as more narrowly focused explorations of the two most central issue-areas of the world economy, trade and money and finance. The introductory essay locates this selection of articles in the context of the field's broad evolution and development to date.

Redesigning the World Trade Organization for the Twenty-first Century

Redesigning the World Trade Organization for the Twenty-first Century PDF Author: Debra P. Steger
Publisher: Wilfrid Laurier Univ. Press
ISBN: 1554581745
Category : Political Science
Languages : en
Pages : 498

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Book Description
Two high-level commissions—the Sutherland report in 2004, and the Warwick Commission report in 2007—addressed the future of the World Trade Organization and made proposals for incremental reform. This book goes further; it explains why institutional reform of the WTO is needed at this critical juncture in world history and provides innovative, practical proposals for modernizing the WTO to enable it to respond to the challenges of the twenty-first century. Contributors focus on five critical areas: transparency, decision- and rule-making procedures, internal management structures, participation by non-governmental organizations and civil society, and relationships with regional trade agreements. Co-published with the International Development Research Centre and the Centre for International Governance Innovation

Restructuring Trade Agreements

Restructuring Trade Agreements PDF Author: Juscelino F. Colares
Publisher: Kluwer Law International B.V.
ISBN: 9403530308
Category : Law
Languages : en
Pages : 191

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Book Description
To avoid trade-bargain erosion, countries involved in large-scale, bilateral or regional trade arrangements must reconcile preserving close economic ties and supply chains with the need to dynamically adjust to new opportunities with other partners. Using the growing deterioration of the European Union-Turkey Customs Union as an illustration to a new model of trade-agreement restructuring, this well-researched and deeply insightful book outlines and demonstrates how this trade arrangement can be successfully renegotiated, thus providing expert practical guidance in a crucial area of trade law and policy that rarely receives the attention it deserves. The book's novel framework features a clearly articulated legal foundation, a transactional deployment strategy, and a sequential negotiating approach applicable to bilateral and regional trade arrangements whose original terms no longer reflect the changed capabilities and interests of at least one of its parties. The authors respond in detail to questions, such as: When should a country pursue bargain rebalancing? How should trade diplomats pursue renegotiation and/or new partnerships, legally and transactionally? Given that free trade agreements keep each country’s trade sovereignty mostly intact, under which circumstances should a country ever consider entering a customs union? How may free-trade agreements help countries address trade imbalances while enhancing supply chain resilience? What are the limits to WTO litigation as an effective market-barrier-opening tool? How should trade-agreement restructuring be deployed as a path to further trade liberalization? In-depth attention is paid to identifying and investigating trade arrangements that are ripe for renegotiation and assessing sources of domestic and external support for or against renegotiating such bargains. This book’s model of international trade-agreement restructuring fits well with emerging thinking on greater trade diversification and supply-chain resilience. The authors provide a clear, actionable approach for considering and conducting the renegotiation of trade deals. For these reasons, this book will be welcomed by trade lawyers, supply-chain executives, economists, government officials, and academics who are grappling with rising economic frictions in the fault lines of national sovereignty, economic interdependence, and the limits of current trade arrangements.

Operation of the Trade Agreements Program

Operation of the Trade Agreements Program PDF Author:
Publisher:
ISBN:
Category : Foreign trade regulation
Languages : en
Pages : 220

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Book Description


Rules of Origin in International Trade

Rules of Origin in International Trade PDF Author: Edwin A. Vermulst
Publisher: University of Michigan Press
ISBN: 9780472104116
Category : Business & Economics
Languages : en
Pages : 532

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Book Description
Thorough examination of the question of importance and controversy in trade between nations