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This text is in response to the many misinformed, often exaggerated arguments leveled against the WTO. Kent Jones explains in persuasive and engaging detail the compelling reasons for the WTO's existence and why it is a force for progress toward economic and non-economic goals worldwide.
Reconstructing the World Trade Organization for the 21st Century explores the reasons for the WTO's failure to achieve comprehensive multilateral trade liberalization in the new 21st century global economy. The solution to the problem must come from institutional reforms that can promote global agreement on achieving the gains from trade.
"Populism and Trade traces the role of populist trade policy in the increase of global protectionism and the erosion of international trade institutions. Populist anti-trade rhetoric played a major part in U.S. President Donald Trump's 2016 election campaign, in which he portrayed current trade agreements as elitist measures to undermine U.S. manufacturing jobs, economic security, and the interests of the American people. Upon taking office he proceeded to implement trade restrictions that were unprecedented in the era of GATT-WTO rules. His use of national security criteria for unilateral tariffs on steel and aluminum, and his trade war with China represented an abandonment of WTO trade rul...
"Populism and Trade traces the role of populist trade policy in the increase of global protectionism and the erosion of international trade institutions. Populist anti-trade rhetoric played a major part in U.S. President Donald Trump's 2016 election campaign, in which he portrayed current trade agreements as elitist measures to undermine U.S. manufacturing jobs, economic security, and the interests of the American people. Upon taking office he proceeded to implement trade restrictions that were unprecedented in the era of GATT-WTO rules. His use of national security criteria for unilateral tariffs on steel and aluminum, and his trade war with China represented an abandonment of WTO trade rul...
The Doha Blues investigates the failure of WTO members to conclude the Doha Round of trade negotiations, focusing on the "institutional friction" that has developed since the Uruguay Round. The legacy of GATT traditions, new WTO rules, the expanding scope of the trade liberalization agenda and the expanding WTO membership, have combined to make it extremely difficult for countries to reach consensus. The book concludes with recommendations for improving the environment for trade liberalization.
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In the last quarter century, the U.S. economy has been transformed by a large inflow of direct investment from abroad. Foreign companies, mainly from Europe and Japan, have built factories and acquired U.S. firms at an ever-increasing rate. Jonathan Crystal finds inconsistencies in how American businesses have responded to this globalization of production.U.S. firms, especially multinationals, have conflicting interests regarding investment protection, Crystal shows. Many American firms, under siege from overseas competitors, have already expended considerable energy in obtaining trade protection, but they are competing not only with foreign imports but also with locally established foreign-...
Wedged between two dramatically different extended families, she tries to make sense of the social signifiers that crosscut even this tiny village in New Castle County - differences between blacks and whites, men and women, Presbyterians and Methodists, migrants from Appalachia and migrants from New England, and members of the business class and working class.".
The Multi-Fibre Arrangement (MFA) is among the most important nontariff trade barriers facing developing countries today. Here the authors endeavor to fill several gaps in the literature on the MFA. Citing specific examples, they demonstrate how quota implementation begins with an initial regulatory system that becomes increasingly complex and discretionary as rules are changed and new ones added.