Author: Jennifer Erickson
Publisher: Columbia University Press
ISBN: 0231539037
Category : Political Science
Languages : en
Pages : 287
Book Description
The United Nations's groundbreaking Arms Trade Treaty (ATT), which went into effect in 2014, sets legally binding standards to regulate global arms exports and reflects the growing concerns toward the significant role that small and major conventional arms play in perpetuating human rights violations, conflict, and societal instability worldwide. Many countries that once staunchly opposed shared export controls and their perceived threat to political and economic autonomy are now beginning to embrace numerous agreements, such as the ATT and the EU Code of Conduct. Jennifer L. Erickson explores the reasons top arms-exporting democracies have put aside past sovereignty, security, and economic worries in favor of humanitarian arms transfer controls, and she follows the early effects of this about-face on export practice. She begins with a brief history of failed arms export control initiatives and then tracks arms transfer trends over time. Pinpointing the normative shifts in the 1990s that put humanitarian arms control on the table, she reveals that these states committed to these policies out of concern for their international reputations. She also highlights how arms trade scandals threaten domestic reputations and thus help improve compliance. Using statistical data and interviews conducted in France, Germany, Belgium, the United Kingdom, and the United States, Erickson challenges existing IR theories of state behavior while providing insight into the role of reputation as a social mechanism and the importance of government transparency and accountability in generating compliance with new norms and rules.
Dangerous Trade
Author: Jennifer Erickson
Publisher: Columbia University Press
ISBN: 0231539037
Category : Political Science
Languages : en
Pages : 287
Book Description
The United Nations's groundbreaking Arms Trade Treaty (ATT), which went into effect in 2014, sets legally binding standards to regulate global arms exports and reflects the growing concerns toward the significant role that small and major conventional arms play in perpetuating human rights violations, conflict, and societal instability worldwide. Many countries that once staunchly opposed shared export controls and their perceived threat to political and economic autonomy are now beginning to embrace numerous agreements, such as the ATT and the EU Code of Conduct. Jennifer L. Erickson explores the reasons top arms-exporting democracies have put aside past sovereignty, security, and economic worries in favor of humanitarian arms transfer controls, and she follows the early effects of this about-face on export practice. She begins with a brief history of failed arms export control initiatives and then tracks arms transfer trends over time. Pinpointing the normative shifts in the 1990s that put humanitarian arms control on the table, she reveals that these states committed to these policies out of concern for their international reputations. She also highlights how arms trade scandals threaten domestic reputations and thus help improve compliance. Using statistical data and interviews conducted in France, Germany, Belgium, the United Kingdom, and the United States, Erickson challenges existing IR theories of state behavior while providing insight into the role of reputation as a social mechanism and the importance of government transparency and accountability in generating compliance with new norms and rules.
Publisher: Columbia University Press
ISBN: 0231539037
Category : Political Science
Languages : en
Pages : 287
Book Description
The United Nations's groundbreaking Arms Trade Treaty (ATT), which went into effect in 2014, sets legally binding standards to regulate global arms exports and reflects the growing concerns toward the significant role that small and major conventional arms play in perpetuating human rights violations, conflict, and societal instability worldwide. Many countries that once staunchly opposed shared export controls and their perceived threat to political and economic autonomy are now beginning to embrace numerous agreements, such as the ATT and the EU Code of Conduct. Jennifer L. Erickson explores the reasons top arms-exporting democracies have put aside past sovereignty, security, and economic worries in favor of humanitarian arms transfer controls, and she follows the early effects of this about-face on export practice. She begins with a brief history of failed arms export control initiatives and then tracks arms transfer trends over time. Pinpointing the normative shifts in the 1990s that put humanitarian arms control on the table, she reveals that these states committed to these policies out of concern for their international reputations. She also highlights how arms trade scandals threaten domestic reputations and thus help improve compliance. Using statistical data and interviews conducted in France, Germany, Belgium, the United Kingdom, and the United States, Erickson challenges existing IR theories of state behavior while providing insight into the role of reputation as a social mechanism and the importance of government transparency and accountability in generating compliance with new norms and rules.
Dangerous Trade
Author: Christopher Sellers
Publisher: Temple University Press
ISBN: 1439904707
Category : Nature
Languages : en
Pages : 229
Book Description
From anthrax to asbestos to pesticides, industrial toxins and pollutants have troubled the world for the past century and longer. Environmental hazards from industry remain one of the world's foremost killers.Dangerous Trade establishes historical groundwork for a better understanding of how and why these hazards continue to threaten our shrinking world. In this timely collection, an international group of scholars casts a rigorous eye towards efforts to combat these ailments. Dangerous Trade contains a wide range of case studies that illuminate transnational movements of risk—from the colonial plantations of Indonesia to compensation laws in late 19th century Britain, and from the occupational medicine clinics of 1960s New York City to the burning of electronic waste in early twenty-first century Uruguay. The essays in Dangerous Trade provide an unprecedented broad perspective of the dangers stirred up by industrial activity across the globe, as well as the voices rasied to remedy them.
Publisher: Temple University Press
ISBN: 1439904707
Category : Nature
Languages : en
Pages : 229
Book Description
From anthrax to asbestos to pesticides, industrial toxins and pollutants have troubled the world for the past century and longer. Environmental hazards from industry remain one of the world's foremost killers.Dangerous Trade establishes historical groundwork for a better understanding of how and why these hazards continue to threaten our shrinking world. In this timely collection, an international group of scholars casts a rigorous eye towards efforts to combat these ailments. Dangerous Trade contains a wide range of case studies that illuminate transnational movements of risk—from the colonial plantations of Indonesia to compensation laws in late 19th century Britain, and from the occupational medicine clinics of 1960s New York City to the burning of electronic waste in early twenty-first century Uruguay. The essays in Dangerous Trade provide an unprecedented broad perspective of the dangers stirred up by industrial activity across the globe, as well as the voices rasied to remedy them.
The Most Dangerous Trade
Author: Richard Teitelbaum
Publisher: John Wiley & Sons
ISBN: 1118505212
Category : Business & Economics
Languages : en
Pages : 320
Book Description
How short sellers profit from disasters that afflict individuals, markets, and nations The Most Dangerous Trade serves up tales from the dark side of the world marketplace to reveal how traders profit from the failure and, often, the financial ruin of others. In this book Richard Teitelbaum profiles more than a dozen short sellers to reveal how they employ the tactics, strategies, and various styles to zero in on their target, get the needed financing, and see their investment through to its ultimate conclusion. The short sellers profiled will include stories of both their successful investments as well as their disastrous ventures. The book will examine the different styles, strategies, and tactics utilized, looking at how each short seller researches his or her targets, obtains financing, puts on a trade, and sees the investment through to fruition—or failure. With the appeal of a well-written adventure novel, The Most Dangerous Trade reveals how these investors seek publicity to help drive down a stock and shows the often bitter and controversial battles that ensue. Includes profiles of well-know short sellers such as Jim Chanos, Steve Eisman, Manuel Ascencio, Doug Kass, and many more Discover how short sellers make the "puts" that make them billions Uncover the short selling controversies that make headlines Written by award-winning journalist Richard Teitelbaum Discover what motivates investors who wager against the stock market and how they often profit from the misery of others.
Publisher: John Wiley & Sons
ISBN: 1118505212
Category : Business & Economics
Languages : en
Pages : 320
Book Description
How short sellers profit from disasters that afflict individuals, markets, and nations The Most Dangerous Trade serves up tales from the dark side of the world marketplace to reveal how traders profit from the failure and, often, the financial ruin of others. In this book Richard Teitelbaum profiles more than a dozen short sellers to reveal how they employ the tactics, strategies, and various styles to zero in on their target, get the needed financing, and see their investment through to its ultimate conclusion. The short sellers profiled will include stories of both their successful investments as well as their disastrous ventures. The book will examine the different styles, strategies, and tactics utilized, looking at how each short seller researches his or her targets, obtains financing, puts on a trade, and sees the investment through to fruition—or failure. With the appeal of a well-written adventure novel, The Most Dangerous Trade reveals how these investors seek publicity to help drive down a stock and shows the often bitter and controversial battles that ensue. Includes profiles of well-know short sellers such as Jim Chanos, Steve Eisman, Manuel Ascencio, Doug Kass, and many more Discover how short sellers make the "puts" that make them billions Uncover the short selling controversies that make headlines Written by award-winning journalist Richard Teitelbaum Discover what motivates investors who wager against the stock market and how they often profit from the misery of others.
Parliamentary Papers
Author: Great Britain. Parliament. House of Commons
Publisher:
ISBN:
Category : Bills, Legislative
Languages : en
Pages : 848
Book Description
Publisher:
ISBN:
Category : Bills, Legislative
Languages : en
Pages : 848
Book Description
Making Sense of the Dollar
Author: Marc Chandler
Publisher: John Wiley & Sons
ISBN: 0470885386
Category : Business & Economics
Languages : en
Pages : 240
Book Description
Has the greenback really lost its preeminent place in the world? Not according to currency expert Marc Chandler, who explains why so many are—wrongly—pessimistic about both the dollar and the U.S. economy. Making Sense of the Dollar explores the many factors—trade deficits, the dollar’s role in the world, globalization, capitalism, and more—that affect the dollar and the U.S. economy and lead to the inescapable conclusion that both are much stronger than many people suppose. Marc Chandler has been covering the global capital markets for twenty years as a foreign exchange strategist for several Wall Street firms. He is one of the most widely respected and quoted currency experts today.
Publisher: John Wiley & Sons
ISBN: 0470885386
Category : Business & Economics
Languages : en
Pages : 240
Book Description
Has the greenback really lost its preeminent place in the world? Not according to currency expert Marc Chandler, who explains why so many are—wrongly—pessimistic about both the dollar and the U.S. economy. Making Sense of the Dollar explores the many factors—trade deficits, the dollar’s role in the world, globalization, capitalism, and more—that affect the dollar and the U.S. economy and lead to the inescapable conclusion that both are much stronger than many people suppose. Marc Chandler has been covering the global capital markets for twenty years as a foreign exchange strategist for several Wall Street firms. He is one of the most widely respected and quoted currency experts today.
Storck Guide
Author: Storck
Publisher: ecomed-Storck GmbH
ISBN: 3868972218
Category : Law
Languages : en
Pages : 145
Book Description
Der Inhalt: Stauen und Trennen, wie es im IMDG-Code steht! Der international geschätzte Storck Guide (in englischer Sprache) unterstützt Ladungsoffiziere, Stauplaner, Inspektionen und Kontrollorgane, Containerbelader und Terminals bei der Schiffs- und Containerbeladung mit gefährlichen Gütern. Was auch im neuen IMDG-Code immer noch auf über 1.200 Seiten verteilt hinsichtlich der Stauung und Trennung steht, findet man hier auf nur circa 150 Seiten übersichtlich zusammengefasst. Die aktualisierte 24. Auflage berücksichtigt die Vorschriften des IMDG-Codes in der Fassung des Amendments 37-14, die bereits ab 2015 angewendet werden dürfen und ab 2016 verbindlich anzuwenden sind. Der International Maritime Dangerous Goods Code (IMDG-Code) regelt weltweit die Beförderung gefährlicher Güter mit Seeschiffen. Klassenweise werden die generellen und speziellen Zusammenstauvorschriften mit anderen gefährlichen Gütern und Klassen (außer Klassen 1 und 7) aufgezeigt. Farbige Trenntabellen dienen der Schnellinformation, ein praktisches Griffregister erleichtert den Zugriff.
Publisher: ecomed-Storck GmbH
ISBN: 3868972218
Category : Law
Languages : en
Pages : 145
Book Description
Der Inhalt: Stauen und Trennen, wie es im IMDG-Code steht! Der international geschätzte Storck Guide (in englischer Sprache) unterstützt Ladungsoffiziere, Stauplaner, Inspektionen und Kontrollorgane, Containerbelader und Terminals bei der Schiffs- und Containerbeladung mit gefährlichen Gütern. Was auch im neuen IMDG-Code immer noch auf über 1.200 Seiten verteilt hinsichtlich der Stauung und Trennung steht, findet man hier auf nur circa 150 Seiten übersichtlich zusammengefasst. Die aktualisierte 24. Auflage berücksichtigt die Vorschriften des IMDG-Codes in der Fassung des Amendments 37-14, die bereits ab 2015 angewendet werden dürfen und ab 2016 verbindlich anzuwenden sind. Der International Maritime Dangerous Goods Code (IMDG-Code) regelt weltweit die Beförderung gefährlicher Güter mit Seeschiffen. Klassenweise werden die generellen und speziellen Zusammenstauvorschriften mit anderen gefährlichen Gütern und Klassen (außer Klassen 1 und 7) aufgezeigt. Farbige Trenntabellen dienen der Schnellinformation, ein praktisches Griffregister erleichtert den Zugriff.
Storck Guide
Author: n.n.
Publisher: ecomed-Storck GmbH
ISBN: 3868971696
Category : Law
Languages : en
Pages : 145
Book Description
Der Inhalt: Stauen und Trennen, wie es im IMDG-Code steht! Der international geschätzte Storck Guide (in englischer Sprache) unterstützt Ladungsoffiziere, Stauplaner, Inspektionen und Kontrollorgane, Containerbelader und Terminals bei der Schiffs- und Containerbeladung mit gefährlichen Gütern. Was auch im neuen IMDG-Code immer noch auf über 1.200 Seiten verteilt hinsichtlich der Stauung und Trennung steht, findet man hier auf nur circa 150 Seiten übersichtlich zusammengefasst. Die aktualisierte 23. Auflage berücksichtigt die Vorschriften des IMDG-Codes in der Fassung des Amendments 36-12, die bereits ab 2013 angewendet werden dürfen und ab 2014 verbindlich anzuwenden sind. Der International Maritime Dangerous Goods Code (IMDG-Code) regelt weltweit die Beförderung gefährlicher Güter mit Seeschiffen. Klassenweise werden die generellen und speziellen Zusammenstauvorschriften mit anderen gefährlichen Gütern und Klassen (außer Klassen 1 und 7) aufgezeigt. Farbige Trenntabellen dienen der Schnellinformation, ein praktisches Griffregister erleichtert den Zugriff.
Publisher: ecomed-Storck GmbH
ISBN: 3868971696
Category : Law
Languages : en
Pages : 145
Book Description
Der Inhalt: Stauen und Trennen, wie es im IMDG-Code steht! Der international geschätzte Storck Guide (in englischer Sprache) unterstützt Ladungsoffiziere, Stauplaner, Inspektionen und Kontrollorgane, Containerbelader und Terminals bei der Schiffs- und Containerbeladung mit gefährlichen Gütern. Was auch im neuen IMDG-Code immer noch auf über 1.200 Seiten verteilt hinsichtlich der Stauung und Trennung steht, findet man hier auf nur circa 150 Seiten übersichtlich zusammengefasst. Die aktualisierte 23. Auflage berücksichtigt die Vorschriften des IMDG-Codes in der Fassung des Amendments 36-12, die bereits ab 2013 angewendet werden dürfen und ab 2014 verbindlich anzuwenden sind. Der International Maritime Dangerous Goods Code (IMDG-Code) regelt weltweit die Beförderung gefährlicher Güter mit Seeschiffen. Klassenweise werden die generellen und speziellen Zusammenstauvorschriften mit anderen gefährlichen Gütern und Klassen (außer Klassen 1 und 7) aufgezeigt. Farbige Trenntabellen dienen der Schnellinformation, ein praktisches Griffregister erleichtert den Zugriff.
The Most Dangerous Man in America
Author: Mark Perry
Publisher: Basic Books
ISBN: 0465080677
Category : History
Languages : en
Pages : 417
Book Description
At times, even his admirers seemed unsure of what to do with General Douglas MacArthur. Imperious, headstrong, and vain, MacArthur matched an undeniable military genius with a massive ego and a rebellious streak that often seemed to destine him for the dustbin of history. Yet despite his flaws, MacArthur is remembered as a brilliant commander whose combined-arms operation in the Pacific -- the first in the history of warfare -- secured America's triumph in World War II and changed the course of history. In The Most Dangerous Man in America, celebrated historian Mark Perry examines how this paradox of a man overcame personal and professional challenges to lead his countrymen in their darkest hour. As Perry shows, Franklin Roosevelt and a handful of MacArthur's subordinates made this feat possible, taming MacArthur, making him useful, and finally making him victorious. A gripping, authoritative biography of the Pacific Theater's most celebrated and misunderstood commander, The Most Dangerous Man in America reveals the secrets of Douglas MacArthur's success -- and the incredible efforts of the men who made it possible.
Publisher: Basic Books
ISBN: 0465080677
Category : History
Languages : en
Pages : 417
Book Description
At times, even his admirers seemed unsure of what to do with General Douglas MacArthur. Imperious, headstrong, and vain, MacArthur matched an undeniable military genius with a massive ego and a rebellious streak that often seemed to destine him for the dustbin of history. Yet despite his flaws, MacArthur is remembered as a brilliant commander whose combined-arms operation in the Pacific -- the first in the history of warfare -- secured America's triumph in World War II and changed the course of history. In The Most Dangerous Man in America, celebrated historian Mark Perry examines how this paradox of a man overcame personal and professional challenges to lead his countrymen in their darkest hour. As Perry shows, Franklin Roosevelt and a handful of MacArthur's subordinates made this feat possible, taming MacArthur, making him useful, and finally making him victorious. A gripping, authoritative biography of the Pacific Theater's most celebrated and misunderstood commander, The Most Dangerous Man in America reveals the secrets of Douglas MacArthur's success -- and the incredible efforts of the men who made it possible.
The Power Broker
Author: Robert A. Caro
Publisher: Vintage
ISBN: 0593802462
Category : Biography & Autobiography
Languages : en
Pages : 1345
Book Description
PULITZER PRIZE WINNER • A modern American classic, this huge and galvanizing biography of Robert Moses reveals not only the saga of one man’s incredible accumulation of power but the story of his shaping (and mis-shaping) of twentieth-century New York. One of the Modern Library’s hundred greatest books of the twentieth century, Robert Caro's monumental book makes public what few outsiders knew: that Robert Moses was the single most powerful man of his time in the City and in the State of New York. And in telling the Moses story, Caro both opens up to an unprecedented degree the way in which politics really happens—the way things really get done in America's City Halls and Statehouses—and brings to light a bonanza of vital information about such national figures as Alfred E. Smith and Franklin D. Roosevelt (and the genesis of their blood feud), about Fiorello La Guardia, John V. Lindsay and Nelson Rockefeller. But The Power Broker is first and foremost a brilliant multidimensional portrait of a man—an extraordinary man who, denied power within the normal framework of the democratic process, stepped outside that framework to grasp power sufficient to shape a great city and to hold sway over the very texture of millions of lives. We see how Moses began: the handsome, intellectual young heir to the world of Our Crowd, an idealist. How, rebuffed by the entrenched political establishment, he fought for the power to accomplish his ideals. How he first created a miraculous flowering of parks and parkways, playlands and beaches—and then ultimately brought down on the city the smog-choked aridity of our urban landscape, the endless miles of (never sufficient) highway, the hopeless sprawl of Long Island, the massive failures of public housing, and countless other barriers to humane living. How, inevitably, the accumulation of power became an end in itself. Moses built an empire and lived like an emperor. He was held in fear—his dossiers could disgorge the dark secret of anyone who opposed him. He was, he claimed, above politics, above deals; and through decade after decade, the newspapers and the public believed. Meanwhile, he was developing his public authorities into a fourth branch of government known as "Triborough"—a government whose records were closed to the public, whose policies and plans were decided not by voters or elected officials but solely by Moses—an immense economic force directing pressure on labor unions, on banks, on all the city's political and economic institutions, and on the press, and on the Church. He doled out millions of dollars' worth of legal fees, insurance commissions, lucrative contracts on the basis of who could best pay him back in the only coin he coveted: power. He dominated the politics and politicians of his time—without ever having been elected to any office. He was, in essence, above our democratic system. Robert Moses held power in the state for 44 years, through the governorships of Smith, Roosevelt, Lehman, Dewey, Harriman and Rockefeller, and in the city for 34 years, through the mayoralties of La Guardia, O'Dwyer, Impellitteri, Wagner and Lindsay, He personally conceived and carried through public works costing 27 billion dollars—he was undoubtedly America's greatest builder. This is how he built and dominated New York—before, finally, he was stripped of his reputation (by the press) and his power (by Nelson Rockefeller). But his work, and his will, had been done.
Publisher: Vintage
ISBN: 0593802462
Category : Biography & Autobiography
Languages : en
Pages : 1345
Book Description
PULITZER PRIZE WINNER • A modern American classic, this huge and galvanizing biography of Robert Moses reveals not only the saga of one man’s incredible accumulation of power but the story of his shaping (and mis-shaping) of twentieth-century New York. One of the Modern Library’s hundred greatest books of the twentieth century, Robert Caro's monumental book makes public what few outsiders knew: that Robert Moses was the single most powerful man of his time in the City and in the State of New York. And in telling the Moses story, Caro both opens up to an unprecedented degree the way in which politics really happens—the way things really get done in America's City Halls and Statehouses—and brings to light a bonanza of vital information about such national figures as Alfred E. Smith and Franklin D. Roosevelt (and the genesis of their blood feud), about Fiorello La Guardia, John V. Lindsay and Nelson Rockefeller. But The Power Broker is first and foremost a brilliant multidimensional portrait of a man—an extraordinary man who, denied power within the normal framework of the democratic process, stepped outside that framework to grasp power sufficient to shape a great city and to hold sway over the very texture of millions of lives. We see how Moses began: the handsome, intellectual young heir to the world of Our Crowd, an idealist. How, rebuffed by the entrenched political establishment, he fought for the power to accomplish his ideals. How he first created a miraculous flowering of parks and parkways, playlands and beaches—and then ultimately brought down on the city the smog-choked aridity of our urban landscape, the endless miles of (never sufficient) highway, the hopeless sprawl of Long Island, the massive failures of public housing, and countless other barriers to humane living. How, inevitably, the accumulation of power became an end in itself. Moses built an empire and lived like an emperor. He was held in fear—his dossiers could disgorge the dark secret of anyone who opposed him. He was, he claimed, above politics, above deals; and through decade after decade, the newspapers and the public believed. Meanwhile, he was developing his public authorities into a fourth branch of government known as "Triborough"—a government whose records were closed to the public, whose policies and plans were decided not by voters or elected officials but solely by Moses—an immense economic force directing pressure on labor unions, on banks, on all the city's political and economic institutions, and on the press, and on the Church. He doled out millions of dollars' worth of legal fees, insurance commissions, lucrative contracts on the basis of who could best pay him back in the only coin he coveted: power. He dominated the politics and politicians of his time—without ever having been elected to any office. He was, in essence, above our democratic system. Robert Moses held power in the state for 44 years, through the governorships of Smith, Roosevelt, Lehman, Dewey, Harriman and Rockefeller, and in the city for 34 years, through the mayoralties of La Guardia, O'Dwyer, Impellitteri, Wagner and Lindsay, He personally conceived and carried through public works costing 27 billion dollars—he was undoubtedly America's greatest builder. This is how he built and dominated New York—before, finally, he was stripped of his reputation (by the press) and his power (by Nelson Rockefeller). But his work, and his will, had been done.
Termites in the Trading System
Author: Jagdish Bhagwati
Publisher: Oxford University Press
ISBN: 0199715904
Category : Business & Economics
Languages : en
Pages : 160
Book Description
Jagdish Bhagwati, the internationally renowned economist who uniquely combines a reputation as the leading scholar of international trade with a substantial presence in public policy on the important issues of the day, shines here a critical light on Preferential Trade Agreements, revealing how the rapid spread of PTAs endangers the world trading system. Numbering by now well over 300, and rapidly increasing, these preferential trade agreements, many taking the form of Free Trade Agreements, have re-created the unhappy situation of the 1930s, when world trade was undermined by discriminatory practices. Whereas this was the result of protectionism in those days, ironically it is a result of misdirected pursuit of free trade via PTAs today. The world trading system is at risk again, the author argues, and the danger is palpable. Writing with his customary wit, panache and elegance, Bhagwati documents the growth of these PTAs, the reasons for their proliferation, and their deplorable consequences which include the near-destruction of the non-discrimination which was at the heart of the postwar trade architecture and its replacement by what he has called the spaghetti bowl of a maze of preferences. Bhagwati also documents how PTAs have undermined the prospects for multilateral freeing of trade, serving as stumbling blocks, instead of building blocks, for the objective of reaching multilateral free trade. In short, Bhagwati cogently demonstrates why PTAs are Termites in the Trading System.
Publisher: Oxford University Press
ISBN: 0199715904
Category : Business & Economics
Languages : en
Pages : 160
Book Description
Jagdish Bhagwati, the internationally renowned economist who uniquely combines a reputation as the leading scholar of international trade with a substantial presence in public policy on the important issues of the day, shines here a critical light on Preferential Trade Agreements, revealing how the rapid spread of PTAs endangers the world trading system. Numbering by now well over 300, and rapidly increasing, these preferential trade agreements, many taking the form of Free Trade Agreements, have re-created the unhappy situation of the 1930s, when world trade was undermined by discriminatory practices. Whereas this was the result of protectionism in those days, ironically it is a result of misdirected pursuit of free trade via PTAs today. The world trading system is at risk again, the author argues, and the danger is palpable. Writing with his customary wit, panache and elegance, Bhagwati documents the growth of these PTAs, the reasons for their proliferation, and their deplorable consequences which include the near-destruction of the non-discrimination which was at the heart of the postwar trade architecture and its replacement by what he has called the spaghetti bowl of a maze of preferences. Bhagwati also documents how PTAs have undermined the prospects for multilateral freeing of trade, serving as stumbling blocks, instead of building blocks, for the objective of reaching multilateral free trade. In short, Bhagwati cogently demonstrates why PTAs are Termites in the Trading System.