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Author: Jagdish N. Bhagwati
Publisher: Mit Press
ISBN: 9780262025218
Category : Business & Economics
Languages : en
Pages : 586
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Book Description
An analytic and empirical study of unilateral trade liberalization agreements, from the nineteenth century to the present. Since the end of World War II, the freeing of trade has been most visible in reciprocal liberalization agreements negotiated under the General Agreement on Tariffs and Trade, or GATT, and through increasing bilateral and plurilateral agreements. There has also, however, been a significant, if less visible, unilateral freeing of trade by several nations. This book, based on a research project directed by Jagdish Bhagwati, examines the experiences with such unilateral trade liberalization. Part 1 considers historical experiences, following Britain's unilateral embrace of free trade. Part 2 discusses recent examples, and Part 3 discusses unilateral liberalization in specific sectors. The substantive introduction provides a synthesis of the findings as well as theoretical support. It argues that although unilateral freeing of trade is generally less beneficial than reciprocity, it can trigger "sequential" reciprocity through example or by encouraging lobbies abroad to favor trade expansion.
Author: Frank William Taussig
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 246
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Book Description
Author: Jagdish N. Bhagwati
Publisher: Mit Press
ISBN: 9780262025218
Category : Business & Economics
Languages : en
Pages : 586
Get Book Here
Book Description
An analytic and empirical study of unilateral trade liberalization agreements, from the nineteenth century to the present. Since the end of World War II, the freeing of trade has been most visible in reciprocal liberalization agreements negotiated under the General Agreement on Tariffs and Trade, or GATT, and through increasing bilateral and plurilateral agreements. There has also, however, been a significant, if less visible, unilateral freeing of trade by several nations. This book, based on a research project directed by Jagdish Bhagwati, examines the experiences with such unilateral trade liberalization. Part 1 considers historical experiences, following Britain's unilateral embrace of free trade. Part 2 discusses recent examples, and Part 3 discusses unilateral liberalization in specific sectors. The substantive introduction provides a synthesis of the findings as well as theoretical support. It argues that although unilateral freeing of trade is generally less beneficial than reciprocity, it can trigger "sequential" reciprocity through example or by encouraging lobbies abroad to favor trade expansion.
Author: Douglas A. Irwin
Publisher: University of Chicago Press
ISBN: 022639901X
Category : Political Science
Languages : en
Pages : 873
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Book Description
A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs
Author: Carolyn Rhodes
Publisher: Cornell University Press
ISBN: 9780801428647
Category : Reciprocity
Languages : en
Pages : 272
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Book Description
Author: David A. Lake
Publisher: Cornell University Press
ISBN: 1501723049
Category : History
Languages : en
Pages : 257
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Book Description
No detailed description available for "Power, Protection, and Free Trade".
Author: Robert W. Merry
Publisher: Simon and Schuster
ISBN: 1451625448
Category : Biography & Autobiography
Languages : en
Pages : 624
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Book Description
"Lively, definitive, eye-opening, [this book] by acclaimed historian Robert W. Merry brilliantly evokes the life and presidency of William McKinley, cut short by an assassin. Most often lost in the shadow of his brilliant and flamboyant successor, TR, the twenty-fifth president is presented by Merry as a transformative figure, the first modern Republican. It was President McKinley who established the United States as an imperial power. In the Spanish-American War he kicked Spain out of the Caribbean; in the Pacific he acquired Hawaii and the Philippines through war and diplomacy; he took the country to a strict gold standard; he developed the doctrine of 'fair trade'; he forced the 'Open Door' to China; and he forged the 'special relationship' with Great Britain. McKinley established the noncolonial imperialism that took America global. He set the stage for the bold leadership of Theodore Roosevelt, who built on his accomplishments. [This book] brings to life a sympathetic man and an often overlooked president. Merry raises his rank to a chief executive of consequence who paved the way for the American Century."--Dust jacket flap.
Author: United States. Department of State
Publisher:
ISBN:
Category : Congresses and conventions
Languages : en
Pages : 36
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Book Description
Author: Jagdish Bhagwati
Publisher: Oxford University Press
ISBN: 0199715904
Category : Business & Economics
Languages : en
Pages : 160
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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.
Author: United States Tariff Commission. Library
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 436
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Book Description
Author: United States Tariff Commission
Publisher:
ISBN:
Category : Free trade
Languages : en
Pages : 428
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Book Description
