The Global Free Trade Error
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The Global Free Trade Error
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Author : Ron Baiman
language : en
Publisher: Taylor & Francis
Release Date : 2017-02-24
The Global Free Trade Error written by Ron Baiman and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-24 with Business & Economics categories.
The doctrine of "free trade" is second only to that of "free markets" in undergirding ideological support for our current global economic structures and rules. From David Ricardo’s "comparative advantage principle" to James Meade’s Neoclassical or mainstream economics proof of self-adjusting free trade equilibrium, the free trade doctrine has had a lasting and destructive hold on Neoclassical economic thinking since its inception. The Global Free Trade Error provides a detailed analysis of these foundational models and counter-poses these to alternative Neo-Marxist "unequal exchange" models of global trade and finance. In the first part of the book the three core free trade models alluded to above are respectively demonstrated to be: overdetermined, inapplicable, and infeasible. In particular, Ricardo’s parable is shown to support managed trade rather than free trade as Ricardo and two centuries of economic texts have claimed. In the second part of the book, unequal exchange analyses of global trade are shown to provide logically coherent and useful insights into global trade and finance. In the third and final part of the book, this unequal exchange perspective is used, within a general "demand and cost" setting, to develop a set of global managed trade principles for a more equitable and sustainable world trade regime. This book will be of great interest to those who study political economy, history of economic thought, and international trade, including trade agreements and tariffs.
The Global Free Trade Error
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Author : Ron Baiman
language : en
Publisher: Routledge
Release Date : 2019-12-12
The Global Free Trade Error written by Ron Baiman and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-12 with categories.
The doctrine of "free trade" is second only to that of "free markets" in undergirding ideological support for our current global economic structures and rules. From David Ricardo's "comparative advantage principle" to James Meade's Neoclassical or mainstream economics proof of self-adjusting free trade equilibrium, the free trade doctrine has had a lasting and destructive hold on Neoclassical economic thinking since its inception. The Global Free Trade Error provides a detailed analysis of these foundational models and counter-poses these to alternative Neo-Marxist "unequal exchange" models of global trade and finance. In the first part of the book the three core free trade models alluded to above are respectively demonstrated to be: overdetermined, inapplicable, and infeasible. In particular, Ricardo's parable is shown to support managed trade rather than free trade as Ricardo and two centuries of economic texts have claimed. In the second part of the book, unequal exchange analyses of global trade are shown to provide logically coherent and useful insights into global trade and finance. In the third and final part of the book, this unequal exchange perspective is used, within a general "demand and cost" setting, to develop a set of global managed trade principles for a more equitable and sustainable world trade regime. This book will be of great interest to those who study political economy, history of economic thought, and international trade, including trade agreements and tariffs.
Global Trade
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Author : Greg Buckman
language : en
Publisher: Zed Books Ltd.
Release Date : 2013-04-04
Global Trade written by Greg Buckman and has been published by Zed Books Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-04 with Business & Economics categories.
Trade, along with the free movement of capital, is at the heart of today's international economy. But international trade is an intensely political and contested subject. In this book, Greg Buckman details possible future directions in global energy supplies and balance-of-payments imbalances. He argues that, just as current trading arrangements have been the product of past decisions emerging out of apparently unrelated considerations, so factors like future fossil fuel costs, global warming, and the economic imbalances between North and South are likely to impel a radical reshaping of the WTO and the principles enshrined in its agreements as well as the global trading system in general. A key contribution to thinking about possible trade policy reforms are the reforms and alternatives - themselves not always agreed or sufficiently thought through -- advocated by the global justice movement. This book outlines these diverse proposals to make global trade more sustainable in some detail. This book has been written to be both informative and empowering. It is an important contribution to clearer thinking, more effective campaigning, and fundamental policy reform in the field of international trade.
Navigating The Free Trade Fair Trade Fault Lines
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Author : Michael J. Trebilcock
language : en
Publisher: Edward Elgar Publishing
Release Date : 2021-03-26
Navigating The Free Trade Fair Trade Fault Lines written by Michael J. Trebilcock and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-26 with Law categories.
Is Free Trade desirable? Does it primarily benefit the wealthy? And what are its impacts on individual autonomy and human dignity? These are some of the fundamental questions that acclaimed trade law expert, Michael Trebilcock, sets out to answer in this pithy and insightful journey through the past, present and future of international trade agreements and trade policy.
Free Trade In The World Economy
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Author : Herbert Giersch
language : en
Publisher: Routledge
Release Date : 2019-03-04
Free Trade In The World Economy written by Herbert Giersch and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-04 with Political Science categories.
International trade policy is facing a cross-roads. This is creating uncertainty, impairing world economic growth. Unless a policy of more open markets is pursued, protectionism may well turn into a self-perpetuating and cumulative process. This is why the 1986 Kiel Conference was devoted to Free Trade in the World Economy: Towards an Opening of Markets. We felt that such a conference would help to stimulate policy discussion preceding the Uruguay Round under the auspices of the GATT and the moves within the European Community towards completing a common internal market by 1992.
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.
Free Trade Or Protection
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Author : H. Peter Gray
language : en
Publisher: Macmillan
Release Date : 1985
Free Trade Or Protection written by H. Peter Gray and has been published by Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Free trade 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.
Free Trade Under Fire
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Author : Douglas A. Irwin
language : en
Publisher: Princeton University Press
Release Date : 2015-06-30
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 2015-06-30 with Business & Economics categories.
Growing international trade has helped lift living standards around the world, and yet free trade is always under attack. Critics complain that trade forces painful economic adjustments, such as plant closings and layoffs of workers, and charge that the World Trade Organization serves the interests of corporations, undercuts domestic environmental regulations, and erodes America's sovereignty. Why has global trade—and trade agreements such as NAFTA—become so controversial? Does free trade deserve its bad reputation? In Free Trade under Fire, Douglas Irwin sweeps aside the misconceptions that litter the debate over trade and gives the reader a clear understanding of the issues involved. This fourth edition has been thoroughly updated to include the most recent policy developments and the latest research findings on the impact of trade.
Failure To Adjust
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Author : Edward Alden
language : en
Publisher: Rowman & Littlefield
Release Date : 2017-09-15
Failure To Adjust written by Edward Alden and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-15 with Political Science categories.
*Updated edition with a new foreword on the Trump administration's trade policy* The vast benefits promised by the supporters of globalization, and by their own government, have never materialized for many Americans. In Failure to Adjust Edward Alden provides a compelling history of the last four decades of US economic and trade policies that have left too many Americans unable to adapt to or compete in the current global marketplace. He tells the story of what went wrong and how to correct the course. Originally published on the eve of the 2016 presidential election, Alden’s book captured the zeitgeist that would propel Donald J. Trump to the presidency. In a new introduction to the paperback edition, Alden addresses the economic challenges now facing the Trump administration, and warns that economic disruption will continue to be among the most pressing issues facing the United States. If the failure to adjust continues, Alden predicts, the political disruptions of the future will be larger still.