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Author: Gregory Shaffer
Publisher: Cambridge University Press
ISBN: 110885849X
Category : Law
Languages : en
Pages : 345
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Book Description
Victorious after World War II and the Cold War, the United States and its allies largely wrote the rules for international trade and investment. Yet, by 2020, it was the United States that became the great disrupter – disenchanted with the rules' constraints. Paradoxically, China, India, Brazil, and other emerging economies became stakeholders in and, at times, defenders of economic globalization and the rules regulating it. Emerging Powers and the World Trading System explains how this came to be and addresses the micropolitics of trade law – what has been developing under the surface of the business of trade through the practice of law, which has broad macro implications. This book provides a necessary complement to political and economic accounts for understanding why, at a time of hegemonic transition where economic security and geopolitics assume greater roles, the United States challenged, and emerging powers became defenders, of the legal order that the United States created.
Author: Gregory Shaffer
Publisher: Cambridge University Press
ISBN: 110885849X
Category : Law
Languages : en
Pages : 345
Get Book Here
Book Description
Victorious after World War II and the Cold War, the United States and its allies largely wrote the rules for international trade and investment. Yet, by 2020, it was the United States that became the great disrupter – disenchanted with the rules' constraints. Paradoxically, China, India, Brazil, and other emerging economies became stakeholders in and, at times, defenders of economic globalization and the rules regulating it. Emerging Powers and the World Trading System explains how this came to be and addresses the micropolitics of trade law – what has been developing under the surface of the business of trade through the practice of law, which has broad macro implications. This book provides a necessary complement to political and economic accounts for understanding why, at a time of hegemonic transition where economic security and geopolitics assume greater roles, the United States challenged, and emerging powers became defenders, of the legal order that the United States created.
Author: Laura Mahrenbach
Publisher: Springer
ISBN: 1137303719
Category : Political Science
Languages : en
Pages : 149
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Book Description
As emerging powers deepen their involvement in world trade and global governance, it is crucial to explore the what and the why of their strategic choices vis-a-vis the World Trade Organization. This book does just that, examining the trade policy decisions of two emerging power states, Brazil and India, since 2001. In this timely work, Laura Carsten Mahrenbach develops a broad-based analytical framework which addresses trade policy within EP states, in their regions and on the global level. The findings underline the importance of examining domestic factors when trying to understand strategic decisions by emerging powers. They also have important implications for our understanding of the role of emerging power states in global (trade) governance.
Author: Sonia E. Rolland
Publisher: Cambridge University Press
ISBN: 9781107569751
Category : Law
Languages : en
Pages : 0
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Book Description
The post-war liberal economic order seems to be crumbling, placing the world at an inflection point. China has emerged as a major force, and other emerging economies seek to play a role in shaping world trade and investment law. Might they band together to mount a wholesale challenge to current rules and institutions? Emerging Powers in the International Economic Order argues that resistance from the Global South and the creation of China-led alternative spaces will have some impact, but no robust alternative vision will emerge. Significant legal innovations from the South depart from the mainstream neoliberal model, but these countries are driven by pragmatism and strategic self-interest and not a common ideological orientation, nor do they intend to fully dismantle the current ordering. In this book, Sonia E. Rolland and David M. Trubek predict a more pluralistic world, which is neither the continued hegemony of neoliberalism nor a full blown alternative to it.
Author: Kristen Hopewell
Publisher: Stanford University Press
ISBN: 1503600025
Category : Social Science
Languages : en
Pages : 285
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Book Description
The world economic order has been upended by the rise of the BRIC nations and the attendant decline of the United States' international influence. In Breaking the WTO, Kristen Hopewell provides a groundbreaking analysis of how these power shifts have played out in one of the most important theaters of global governance: the World Trade Organization. Hopewell argues that the collapse of the Doha Round negotiations in 2008 signals a crisis in the American-led project of neoliberal globalization. Historically, the U.S. has pressured other countries to open their markets while maintaining its own protectionist policies. Over the course of the Doha negotiations, however, China, India, and Brazil challenged America's hypocrisy. They did so not because they rejected the multilateral trading system, but because they embraced neoliberal rhetoric and sought to lay claim to its benefits. By demanding that all members of the WTO live up to the principles of "free trade," these developing states caused the negotiations to collapse under their own contradictions. Breaking the WTO probes the tensions between the WTO's liberal principles and the underlying reality of power politics, exploring what the Doha conflict tells us about the current and coming balance of power in the global economy.
Author: Andreas Buser
Publisher: Springer Nature
ISBN: 3030636399
Category : Law
Languages : en
Pages : 439
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Book Description
The book assesses emerging powers’ influence on international economic law and analyses whether their rhetoric of reforming this ‘unjust’ order translates into concrete reforms. The questions at the heart of the book surround the extent to which Brazil, Russia, India, China, and South Africa individually and as a bloc (BRICS) provide alternative regulatory ideas to those of ‘Western’ States and whether they are able to convert their increased power into influence on global regulation. To do so, the book investigates two broader case studies, namely, the reform of international investment agreements and WTO reform negotiations since the start of the Doha Development Round. As a general outcome, it finds that emerging powers do not radically challenge established law. ‘Third World’ rhetoric mostly does not translate into practice and rather serves to veil economic interests. Still, emerging powers provide for some alternative regulatory ideas, already leading to a diversification of international economic law. As a general rule, they tend to support norms that allow host States much policy space which could be used to protect and fulfil socio-economic human rights, especially – but not only – in the Global South.
Author: Laura Mahrenbach
Publisher: Palgrave Macmillan
ISBN: 9781349454280
Category : Political Science
Languages : en
Pages : 245
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Book Description
As emerging powers deepen their involvement in world trade and global governance, it is crucial to explore the what and the why of their strategic choices vis-a-vis the World Trade Organization. This book does just that, examining the trade policy decisions of two emerging power states, Brazil and India, since 2001. In this timely work, Laura Carsten Mahrenbach develops a broad-based analytical framework which addresses trade policy within EP states, in their regions and on the global level. The findings underline the importance of examining domestic factors when trying to understand strategic decisions by emerging powers. They also have important implications for our understanding of the role of emerging power states in global (trade) governance.
Author: Kristen Hopewell
Publisher: Cambridge University Press
ISBN: 1108834795
Category : Business & Economics
Languages : en
Pages : 263
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Book Description
One of the first analyses of the impact of US-China rivalry on the governance of global trade.
Author: Andrew F. Cooper
Publisher: Wilfrid Laurier Univ. Press
ISBN: 155458194X
Category : Political Science
Languages : en
Pages : 393
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Book Description
The early twenty-first century has seen the beginning of a considerable shift in the global balance of power. Major international governance challenges can no longer be addressed without the ongoing co-operation of the large countries of the global South. Brazil, Russia, India, China, South Africa, ASEAN states, and Mexico wield great influence in the macro-economic foundations upon which rest the global political economy and institutional architecture. It remains to be seen how the size of the emerging powers translates into the ability to shape the international system to their own will. In this book, leading international relations experts examine the positions and roles of key emerging countries in the potential transformation of the G8 and the prospects for their deeper engagement in international governance. The essays consider a number of overlapping perspectives on the G8 Heiligendamm Process, a co-operation agreement that originated from the 2007 summit, and offer an in-depth look at the challenges and promises presented by the rise of the emerging powers. Co-published with the Centre for International Governance Innovation
Author: Sreeram Chaulia
Publisher: Bloomsbury Publishing
ISBN: 9389165946
Category : Literary Criticism
Languages : en
Pages : 252
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Book Description
Why is US President Donald Trump so shockingly unorthodox in his foreign policy? How are prominent developing countries adjusting to Trump's 'America First' approach? Is Trump unintentionally a blessing in disguise for rising powers? Will the Trump effect of withdrawing America from global governance continue after him? What drives populism in the US and how is it accelerating the evolution of a 'post-American world'? What kind of arrangement is replacing the Western-led liberal international order? Trumped: Emerging Powers in a Post-American World challenges Western liberal presumptions that without America as the global policeman and financier, there would be chaos and collapse in the world or a takeover by totalitarian China. It argues that there is no need to despair about Trump's self-goal of undermining American leadership around the world because capable rising powers in different regions can fill the vacuum left by Trump's abandonment and provide order, peace, security and prosperity in their respective areas. Readers get insights into the domestic structural pressures motivating Trump's trademark foreign policy insurgency and the divisions within his 'two-track presidency' between 'nationalists' and 'globalists' which are profoundly impacting on Asia, the Middle East, Latin America and Africa. The author provides an alternative vision from the lens of powerful developing countries by arguing that the solution to a withdrawing and isolationist US is not a return to US interventionism or a China-dominated new global order but multiple 'post-American' regionally based orders.
Author: Uri B. Dadush
Publisher: Carnegie Endowment
ISBN: 0870032615
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
In Juggernaut, Uri Dadush and William Shaw explore the major trends associated with the rise of developing countries, including increased manufacturing, expansion in world trade, and, ultimately, improved living and working conditions, as well as the broad challenges those trends pose.
