Persistently large external imbalances in the world economy contributed to the outbreak of the recent financial crisis. Are such imbalances really a problem? If so, why and for whom? What should be done about them - if anything - and what does the future likely hold for transpacific trade relations? In this timely book, Asian and American ......
The author considers the implications of deeper integration in the international economy for developing countries. She traces the reasons for the developing countries' reversals of earlier policies and demonstrates the importance of the open trading system for them.
In the past 15 years, the nations of the Western Hemisphere have staged a remarkable revolution -in the way they trade with their neighbors. First, after decades of restrictive import policies, several countries began to liberalize their trade and investment regimes.
How Inequality, AI and Climate Will Usher in a New World Order
What is the impact of COVID-19 on world economies? If the cost of providing universal health care is lower than the cost of building a political movement to prevent it, would politicians still view it as socialism? In a world where algorithms and robots take the jobs of immigrants and citizens alike, are border controls an effective response? If ......
Explores how policy ideas are spread - or diffused - in an age in which policymaking has become increasingly complex and specialized. Using the concept of enterprise zones as a case study in policy diffusion, this book compares the process of their adoption in Virginia, Indiana, Michigan, New York, and Massachusetts over a twelve-year period.
Mexico Confronts the Challenges of Global Competition
Today's Mexico is strongly determined to become a full player in the globalizing international economy. But do the underlying institutional and cultural elements exist to support such an economic effort? In The End of Nostalgia, editor Diana Villiers Negroponte and colleagues from both sides of the Rio Grande examine the path that Mexico will ......
Cooperative Approaches to Export Management and Defense Conversion
Examines the nature of the international arms trade and the adjustment of the defense industries in the United States and Russia to the post-cold war world. O'Prey highlights the substantial reduction in demand for armaments both on the world market and by the two countries.
Examines the role of trade in developed and developing countries and its impact on labour markets and wage inequality, and discusses the more important effects of technological and organisational change. Robert Lawrence concludes that the impact of globalization on labour markets has been far less damaging than many have argued and that ......
The services sector -including financial services, telecommunications, transportation, tourism, and professional services -has become critical to the continued economic dynamism in the Americas.
Developing Countries and the WTO Dispute Settlement
The World Trade Organization -backbone of today's international commercial relations -requires member countries to self-enforce exporters' access to foreign markets.
Analyses both the allure of protectionism and the problems associated with free trade, proposing reasonable, cost-effective ways of helping industries, workers, and communities battered by intense import competition. The book focuses on the escape clause of the US Trade Act of 1974 and the trade adjustment assistance program.
Analyzes the US government's efforts to combat the objectionable trading practices of other countries, arguing that some US regulatory activity has acquired a political momentum of its own, in part because it offers policymakers the ends and means to aid constituents at relatively little risk.
Product standards, regulations, and conformity assessment procedures are important and necessary, but they also, at times, threaten the free flow of goods in international markets and the competitive positions of many exporters. In this book Alan O. Sykes illustrates how standards and regulations create trade barriers, explores the extent of the ......
Reviews the available literature on the effects of NAFTA on the three member countries and the world trading system. Experts evaluate how NAFTA will affect areas such as economic growth, employment, income distribution, industry, and agriculture in Canada, Mexico, and the United States; and consider the significance the trade agreement holds for ......
In our increasingly globalized world, US trade policy stands at the intersection of foreign and domestic affairs. This book explains trade policy in terms of domestic politics, presenting an account of its origins and political significance.
Traces the struggle between US and Japanese semiconductor producers from its origins in the 1950s to the novel experiment with "managed trade" embodied in the US-Japan Semiconductor Trade Arrangements of 1986, and the current debate over continuation of elements of that agreement.
Will technological improvement and growth in the rest of the world cause a decline in American living standards? Can government policy in Japan and Western Europe limit the availability of high- wage jobs in America? Does expanding trade with Mexico and other developing countries with large numbers of inexpensive workers imply a continuing decline ......
Report by the Council on Foreign Relations Study Group on Middle East Tr
This is a report on trade and investment strategies in the Middle East. The authors argue that to combat economic stagnation and generate sustained growth the Middle East and North African (MENA) countries will have to do a lot more than lower tariffs and reduce intraregional trade barriers.