Misadventures of the Most Favored Nations

Misadventures of the Most Favored Nations
Author: Paul Blustein
Publisher: Public Affairs
Total Pages: 362
Release: 2009-09-22
Genre: Business & Economics
ISBN: 1586487183

An acclaimed expert on the global economy illuminates the human foibles, hidden agendas, and political follies that threaten the end of the globalization movement.

Misadventures of the Most Favored Nations

Misadventures of the Most Favored Nations
Author: Paul Blustein
Publisher: PublicAffairs
Total Pages: 361
Release: 2009-09-22
Genre: Political Science
ISBN: 0786746203

As a linchpin of global capitalism, the World Trade Organization is both revered and reviled. In this book, financial journalist Paul Blustein tells the surprisingly entertaining and compelling story of how the WTO is sliding into dysfunctionality -- which poses a new and grave menace to globalization itself. In more than seven years of global talks the WTO has struggled and failed to resolve contentious differences between rich and developing nations. Now, with a worldwide recession underway, the WTO's failure is contributing to a rise in protectionism -- a sign that the world may not be so flat after all. Misadventures of the Most Favored Nations recounts, in vivid detail, how the highstakes negotiations went awry. At risk, Blustein argues, is the fate of the system that for six decades has opened the global economy and kept it from splintering.

Schism

Schism
Author: Paul Blustein
Publisher: McGill-Queen's Press - MQUP
Total Pages: 248
Release: 2019-09-10
Genre: Business & Economics
ISBN: 1928096867

China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad - for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies - a cheap currency and heavy-handed state intervention - that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grappling for decades with the challenges posed by China Inc.

International Political Economy

International Political Economy
Author: Thomas Oatley
Publisher: Routledge
Total Pages: 431
Release: 2015-10-05
Genre: Political Science
ISBN: 1317248341

Broadly viewing the global economy as a political competition that produces winners and losers, International Political Economy holistically and accessibly introduces the field of IPE to students with limited background in political theory, history, and economics.This text surveys major interests and institutions and examines how state and non-state actors pursue wealth and power. Emphasizing fundamental economic concepts as well as the interplay between domestic and international politics, International Political Economy not only explains how the global economy works; it also encourages students to think critically about how economic policy is made in the context of globalization.

Emerging Powers in the WTO

Emerging Powers in the WTO
Author: C. Michalopoulos
Publisher: Springer
Total Pages: 273
Release: 2013-11-29
Genre: Business & Economics
ISBN: 1137297085

This volume examines the main factors for developing country trade performance in the last thirty years, their own trade policies, market access issues they face, and their increasingly more effective participation in the WTO and the Doha Round of multilateral trade negotiations.

China Joins Global Governance

China Joins Global Governance
Author: Mingjiang Li
Publisher: Lexington Books
Total Pages: 223
Release: 2012-09-28
Genre: Political Science
ISBN: 0739176781

For many years, political leaders and analysts have debated the impacts of China’s rise on the stability of the existing international system. International observers have also debated whether China would be a status quo power or a revisionist power, and whether China would observe the rules and regulations of international institutions and regimes. China Joins Global Governance: Cooperation and Contentions, edited by Mingjiang Li, provides an insightful contribution to our understanding of these issues through a specific angle: China’s role in global governance. The contributors to this volume address such questions as, how has China dealt with major global institutions and regimes? How has China helped address various global challenges? How is China’s rise changing the international approach to global governance? The contributors cover a broad range of issues, including China’s vision and strategy in global multilateralism, China’s role in global economic/financial/trade governance, China’s policy towards the global environment and international development, and China’s approaches to various global security issues such as nuclear disarmament and nonproliferation. China Joins Global Governance is an essential text in understanding the future trajectory of China’s international policy.

Globalization at Risk

Globalization at Risk
Author: Gary Clyde Hufbauer
Publisher: Yale University Press
Total Pages: 234
Release: 2010-10-19
Genre: Business & Economics
ISBN: 0300157312

History has declared globalization the winner of the 20th century. Globalization connected the world and created wealth unimaginable in the wake of the Second World War. But the financial crisis of 2008-09 has now placed at risk the liberal economic policies behind globalization. Engulfing the entire world, the crisis gave new fuel to the skeptics of the benefits of economic integration. Policy responses seem to favor anti-globalizers. New regulations could balkanize the global financial system, while widespread protectionist impulses might undo the Doha Round. Issues from climate change to national security may be used as convenient excuses to keep imports out, keep jobs at home, and to clamp down on global capital. Will globalization triumph or perish in the 21st century? What reforms make sense in the post-crisis world?International economists Gary Clyde Hufbauer and Kati Suominen argue that globalization has been a force of great good, one that needs to be actively advanced and honed. Drawing on the latest economic analyses, they reveal the drivers and effects of global finance and trade, lay out the key risks to globalization, and offer a practical policy roadmap for managing the challenges while increasing the gains. Vital reading for anyone in business, finance, foreign affairs, or economics, Globalization at Risk is sure to advance public debate on this defining issue of the 21st century.

Making Global Trade Governance Work for Development

Making Global Trade Governance Work for Development
Author: Carolyn Deere Birkbeck
Publisher: Cambridge University Press
Total Pages: 711
Release: 2011-08-18
Genre: Law
ISBN: 1139499416

Discussion of the governance of global trade and the multilateral trading system is too often dominated by developed-country scholars and opinion-makers, with inadequate attention given to developing country perspectives. Making Global Trade Governance Work for Development gathers a diversity of developing country views on how to improve the governance of global trade and the WTO to better advance sustainable development and respond to the needs of developing countries. With contributions by senior scholars, commentators and practitioners, the essays combine new, empirically-grounded research with practical insights about the trade policy-making process. They consider the specific governance issues of interest to developing countries and acknowledge the changing dynamics in the global economy and in trade decision-making.

Economic Integration in South Asia

Economic Integration in South Asia
Author: Rizwanul Islam
Publisher: Martinus Nijhoff Publishers
Total Pages: 359
Release: 2012-03-28
Genre: Law
ISBN: 9004218963

This book analyses the South Asian preferential trade agreements with reference to the WTO jurisprudence. It offers a comprehensive analysis of the factors undermining economic integration in South Asia and recommends possible ways for confronting them.