World Trade Systems of the East and West

World Trade Systems of the East and West PDF Author: Geoffrey C. Gunn
Publisher: BRILL
ISBN: 9004358560
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
In World Trade Systems of the East and West, Geoffrey C. Gunn profiles Nagasaki's historical role in mediating the Japanese bullion trade, especially silver exchanged against Chinese and Vietnamese silk.

World Trade Systems of the East and West

World Trade Systems of the East and West PDF Author: Geoffrey C. Gunn
Publisher: BRILL
ISBN: 9004358560
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
In World Trade Systems of the East and West, Geoffrey C. Gunn profiles Nagasaki's historical role in mediating the Japanese bullion trade, especially silver exchanged against Chinese and Vietnamese silk.

A World Trading System for the Twenty-First Century

A World Trading System for the Twenty-First Century PDF Author: Robert W. Staiger
Publisher: MIT Press
ISBN: 0262047306
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
When designing a world trading system for the twenty-first century, “Keep calm and carry on” beats “Move fast and break things.” Global trade is in trouble. Climate change, digital trade, offshoring, the rise of emerging markets led by China: Can the World Trade Organization (WTO), built for trade in the twentieth century, meet the challenges of the twenty-first? The answer is yes, Robert Staiger tells us, arguing that adapting the WTO to the changed economic environment would serve the world better than a radical reset. Governed by the WTO, on the principles of the General Agreement on Tariffs and Trade (GATT), global trade rules traditionally focus on “shallow integration”—with an emphasis on reducing tariffs and trade impediments at the border—rather than “deep integration,” or direct negotiations over behind-the-border measures. Staiger charts the economic environment that gave rise to the former approach, explains when and why it worked, and surveys the changing landscape for global trade. In his analysis, the terms-of-trade theory of trade agreements provides a compelling framework for understanding the success of GATT in the twentieth century. And according to this understanding, Staiger concludes, the logic of GATT's design transcends many, if not all, of the current challenges faced by the WTO. With its penetrating view of the evolving global economic environment, A World Trading System for the Twenty-First Century shows us a global trading system in need of reform, and Staiger makes a persuasive case for using the architecture of the GATT/WTO as a basis for that reform.

The World Trading System

The World Trading System PDF Author: Jeffrey J. Schott
Publisher: Peterson Institute
ISBN: 9780881322354
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
Comprises a collection of papers and comments which discuss challenges confronting the World Trade Organization (WTO). Analyses the implementation of WTO agreements and unfinished business from the Uruguay Round, the impact of proliferating regionalism, the desirability of expending the WTO agenda to "new" issues, and institutional issues such as WTO accession and linkages with other international institutions.

The Political Economy of the World Trading System : WTO and Beyond

The Political Economy of the World Trading System : WTO and Beyond PDF Author: Bernard Hoekman
Publisher: OUP Oxford
ISBN: 0191522252
Category : Business & Economics
Languages : en
Pages : 580

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Book Description
The creation of the World Trade Organization (WTO) in 1995 ushered in a new era in world trading arrangements. Building on the General Agreement on Trades and Tariffs (GATT), the intergovernmental treaty that for 50 years had regulated international trade relations, the WTO is a global organization of equal standing to the International Monetary Fund and the World Bank, and will set the agenda for international trade for decades to come. The authors of this volume were heavily involved in the Uruguay Round of GATT negotiations that laid the foundations for the creation of the WTO, and were ideally placed to see how the politics of negotiation affects the economics of trade. The Political Economy of the World Trading System is the first comprehensive and accessible introduction to the institutional mechanics, economics, and politics of the global trading networks. It goes beyond description of the rules of the WTO to analyse the political and economic forces that sculpted them, the incentives for countries to abide by them, and the likely future direction of the organization. The authors show how governments are not necessarily the social welfare-maximizing entities often found in textbooks, but instead develop policy subject to the pressures of a variety of interest groups. Although economic theory suggests that countries should pursue liberal trade policies and exchange goods and services on the basis of their comparative advantage, in practice most nations actively intervene in international trade. The political economy approach taken in this volume explains how the WTO functions, why GATT has been very successful in reducing tariffs, and why it has proven much more difficult to expand the reach of multilateral disciplines to domestic policies impacting on trade. This book will increase the reader's understanding of international economics, business, and international relations by supplying in-depth insider knowledge of how trade negotiations take place, how this decision-making affects trade policy, and how the multilateral arrangements that shape world trade are created. This information is crucial to understand why WTO rules are phrased as they are, and to understand the processes by which business organizations, industrial associations, and political lobbies influence the multilateral trading system. In this expanded and thoroughly revised edition, the authors have taken account of the recent developments in international trade relations, included an extra chapter on the historical importance of international trading arrangements, and updated all the references and guides to further reading.

East/West Trade and Finance in the World Economy

East/West Trade and Finance in the World Economy PDF Author: Vienna Institute for Comparative Economic Studies
Publisher: Springer
ISBN: 1349060747
Category : Business & Economics
Languages : en
Pages : 340

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Book Description


Regionalism and the World Trading System

Regionalism and the World Trading System PDF Author: World Trade Organization. Secretariat
Publisher:
ISBN:
Category : Customs unions
Languages : en
Pages : 108

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Book Description
A review of the principles and effects of customs unions, free trade areas and other regional integration agreements. Includes a bibliography and a table of all agreements notified to GATT from 1947 to 1994.

East/West Trade and the GATT System

East/West Trade and the GATT System PDF Author: M. M. Kostecki
Publisher: Springer
ISBN: 1349036927
Category : Business & Economics
Languages : en
Pages : 175

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Book Description


World Economy and East-West Trade

World Economy and East-West Trade PDF Author:
Publisher: Springer
ISBN:
Category : East
Languages : en
Pages : 216

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Book Description


Trade Governance of the Belt and Road Initiative

Trade Governance of the Belt and Road Initiative PDF Author: Dawei Cheng
Publisher: Routledge
ISBN: 1351331965
Category : Business & Economics
Languages : en
Pages : 76

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Book Description
This book looks at the rationale behind the Belt and Road Initiative by China, and attempts to explain the motivation from economical and historical perspectives. The book also compares trade governance of China with those of the United Kingdom and United States, and analyzes the value construction and promotion process of Chinese trade governance.

The Economics of the World Trading System

The Economics of the World Trading System PDF Author: Kyle Bagwell
Publisher: MIT Press
ISBN: 9780262524346
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
World trade is governed by the rules of the World Trade Organization (WTO), the successor to the General Agreement on Tariffs and Trade (GATT). The WTO sets rules of conduct for the international trade of goods and services and for intellectual property rights, provides a forum for multinational negotiations to resolve trade problems, and has a formal mechanism for dispute settlement. It is the primary institution working, through rule-based bargaining, at freeing trade. In this book, Kyle Bagwell and Robert Staiger provide an economic analysis and justification for the purpose and design of the GATT/WTO. They summarize their own research, discuss the major features of the GATT agreement, and survey the literature on trade agreements. Their focus on the terms-of-trade externality is particularly original and ties the book together. Topics include the theory of trade agreements, the origin and design of the GATT and the WTO, the principles of reciprocity, the most favored nation principle, terms-of-trade theory, enforcement, preferential trade agreements, labor and environmental standards, competition policy, and agricultural export subsidies.