The Case For Free Trade
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Free Trade And Prosperity
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Author : Arvind Panagariya
language : en
Publisher: Oxford University Press
Release Date : 2019-04-01
Free Trade And Prosperity written by Arvind Panagariya and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-01 with Business & Economics categories.
Arguments for protection and against free trade have seen a revival in developed countries such as the United States and Great Britain as well as developing countries such as India. Given the clear benefits trade openness has brought everywhere, this is a surprising development. The benefits of free trade are especially great for emerging market economies. FreeÂTrade and ProsperityÂoffers the first full-scale defense of pro-free-trade policies with developing countries at its center. Arvind Panagariya, a professor at Columbia University and former top economic advisor to the government of India, supplies a historically informed analysis of many longstanding but flawed arguments for protection. He starts with an insightful overview of the positive case for free trade, and then closely examines the various contentions of protectionists. One protectionist argument is that "infant" industries need time to grow and become competitive, and thus should be sheltered. Other arguments are that emerging markets are especially prone to coordination failures, they are in need of diversification of their production structures, and they suffer from market imperfections. The panoply of protectionist arguments, including those for import substitution industrialization, fails when subject to close logical and empirical scrutiny. Free trade and outward-oriented policies are preconditions to both sustained rapid growth and poverty alleviation in developing countries. Panagariya provides compelling evidence demonstrating the failures of protectionism and the promise of free trade using detailed case studies of successful countries such as Singapore, Taiwan, South Korea, China and India. Low or declining barriers to free trade and high or rising shares of trade in total income have been key elements in the sustained rapid growth and poverty alleviation in these countries and many others. Free trade is like oxygen: the benefits are ubiquitous and not noticed until they are no longer there. This important book is an essential reminder of the costs of protectionism.
How Nations Grow Rich
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Author : Melvyn B. Krauss
language : en
Publisher: Oxford University Press, USA
Release Date : 1997
How Nations Grow Rich written by Melvyn B. Krauss and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
Thus what the "fair-trade" protectionist argument really comes down to is the nonsensical proposition that because foreign countries damage their consumers by foolish protectionist measures, equity demands the United States follow suit.
Free Trade Under Fire
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Author : Douglas A. Irwin
language : en
Publisher: Princeton University Press
Release Date : 2020-04-14
Free Trade Under Fire written by Douglas A. Irwin and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-14 with Business & Economics categories.
An updated look at global trade and why it remains as controversial as ever Free trade is always under attack, more than ever in recent years. The imposition of numerous U.S. tariffs in 2018, and the retaliation those tariffs have drawn, has thrust trade issues to the top of the policy agenda. Critics contend that free trade brings economic pain, including plant closings and worker layoffs, and that trade agreements serve corporate interests, undercut domestic environmental regulations, and erode national sovereignty. Why are global trade and agreements such as the Trans-Pacific Partnership so controversial? Does free trade deserve its bad reputation? In Free Trade under Fire, Douglas Irwin sweeps aside the misconceptions that run rampant in the debate over trade and gives readers a clear understanding of the issues involved. In its fifth edition, the book has been updated to address the sweeping new policy developments under the Trump administration and the latest research on the impact of trade.
Open
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Author : Kimberly Clausing
language : en
Publisher: Harvard University Press
Release Date : 2019-03-04
Open written by Kimberly Clausing and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-04 with Business & Economics categories.
A Financial Times Best Economics Book of the Year A Foreign Affairs Best Book of the Year “A highly intelligent, fact-based defense of the virtues of an open, competitive economy and society.” —Fareed Zakaria, Global Public Square, CNN “Amid a growing backlash against international economic interdependence, Clausing makes a strong case in favor of foreign trade in goods and services, the cross-border movement of capital, and immigration. This valuable book amounts to a primer on globalization.” —Richard N. Cooper, Foreign Affairs Critics on the Left have long attacked open markets and free trade agreements for exploiting the poor and undermining labor, while those on the Right complain that they unjustly penalize workers back home. Kimberly Clausing takes on both sides in her compelling case that open economies are actually a force for good. Turning to the data to separate substance from spin, she shows how international trade makes countries richer, raises living standards, benefits consumers, and brings nations together, and outlines a progressive agenda to manage globalization more effectively, presenting strategies to equip workers for a modern economy, and establish a better partnership between labor and the business community.
Free Trade Today
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Author : Jagdish N. Bhagwati
language : en
Publisher: Princeton University Press
Release Date : 2021-06-08
Free Trade Today written by Jagdish N. Bhagwati and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-08 with Business & Economics categories.
Free trade, indeed economic globalization generally, is under siege. The conventional arguments for protectionism have been discredited but not banished. And free trade faces strong new challenges from a variety of groups, including environmentalists and human rights activists as well as traditional lobbies who wrap their agendas in the language of justice and rights. These groups, claiming a general interest and denouncing free trade as a special interest of corporations and other capitalist forces, have organized large and vocal protests in Seattle, Prague, and elsewhere. Based on his acclaimed Stockholm lectures and picking up where his widely influential Protectionism left off, Jagdish Bhagwati applies critical insights from revolutionary developments in commercial policy theory--many his own--to show how the pursuit of social and environmental agendas can be creatively reconciled with the pursuit of free trade. Indeed, he argues that free trade, by raising living standards, can serve these agendas far better than can a descent into trade sanctions and restrictions. After settling the score in favor of free trade, Professor Bhagwati considers alternative ways in which it can be pursued. Chiefly, he argues in support of multilateralism and advances a withering critique of recent bilateral and regional free trade agreements (including NAFTA) as preferential arrangements that introduce growing chaos into the world trading system. He also makes a strong case for "going it alone" on the road to trade liberalization and endorses the reemergence of unilateral liberalization at points around the globe. Forcefully, elegantly, and clearly written for the public by one of the foremost economic thinkers of our day, this volume is not merely accessible but essential reading for anyone interested in economic policy or in the world economy.
The Case Against Free Trade
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Author : Ralph Nader
language : en
Publisher: North Atlantic Books
Release Date : 1993
The Case Against Free Trade written by Ralph Nader and has been published by North Atlantic Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
This book examines the notion of "free trade" and the issues raised by adopting the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA). Essays by Ralph Nader, Jerry Brown, William Greider, Margaret Atwood, Mark Ritchie, Wendell Berry, Pat Choate, and others.
Foreign Trade And U S Policy
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Author : Leland B. Yeager
language : en
Publisher: Greenwood
Release Date : 1976
Foreign Trade And U S Policy written by Leland B. Yeager and has been published by Greenwood this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Business & Economics categories.
Free Trade Today
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Author : Jagdish N. Bhagwati
language : en
Publisher: Princeton University Press
Release Date : 2003-10-12
Free Trade Today written by Jagdish N. Bhagwati and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-10-12 with Business & Economics categories.
Shows how the pursuit of social and environmental agendas can be creatively reconciled with the pursuit of free trade. Argues that free trade, by raising living standards, can serve these agendas far better than can a descent into trade sanctions and restrictions.
The Return To Protection
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Author : William Smart
language : en
Publisher: Ludwig von Mises Institute
Release Date : 1906
The Return To Protection written by William Smart and has been published by Ludwig von Mises Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1906 with Free trade categories.
The Case For Free Trade And Open Immigration
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Author : Richard M. Ebeling
language : en
Publisher:
Release Date : 1995
The Case For Free Trade And Open Immigration written by Richard M. Ebeling and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.