The Political Economy Of The World Trading System
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The Political Economy Of The World Trading System
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Author : Bernard M. Hoekman
language : en
Publisher:
Release Date : 2009
The Political Economy Of The World Trading System written by Bernard M. Hoekman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.
The Political Economy of the World Trading System is a comprehensive textbook account of the economics, institutional mechanics and politics of the world trading system. This third edition has been expanded and updated to cover developments in the World Trade Organisation (WTO) since its formation, including the Doha Round, presenting the essentials of trade negotiations and the WTO's rules and disciplines. The authors focus in particular on the WTO's role as the primary organisation through which trading nations manage their commercial interactions and the focal point for cooperation on policy responses to the rapidly changing global trading environment. It is the forum in which many features of the globalisation process are considered, and it currently faces an unprecedented set of challenges. The increasing importance of countries in Asia, Latin America and Africa in international trade relations, the revealed preference towards regionalism, intensification of trade conflicts, the role of business groups and NGOs in trade policy formation and negotiations, and pressures for more leadership in an institution threatened by paralysis are examples of issues that are discussed in some detail; all are critical for the operation of the system and for international business in the coming decade. This edition also includes numerous real-world examples to illustrate how the WTO impinges on business, workers and households, written from the perspective of managers and business associations. An insider's view of the institutional history of the WTO allows the authors to use a variety of conceptual tools to analyse the working of the WTO in a non-technical manner. Suggestions for Further Reading at the end of each chapter and an extensive bibliography make the volume suitable both for introductory and postgraduate courses on international economics and business, international relations, and international economic law.
The Political Economy Of The World Trading System Wto And Beyond
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Author : Bernard Hoekman
language : en
Publisher: OUP Oxford
Release Date : 2001-07-19
The Political Economy Of The World Trading System Wto And Beyond written by Bernard Hoekman and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-07-19 with Business & Economics categories.
The creation of the World Trade Organization (WTO) in 1995 ushered in a new era in world trading arrangements. Building on the General Agreement on Trades and Tariffs (GATT), the intergovernmental treaty that for 50 years had regulated international trade relations, the WTO is a global organization of equal standing to the International Monetary Fund and the World Bank, and will set the agenda for international trade for decades to come. The authors of this volume were heavily involved in the Uruguay Round of GATT negotiations that laid the foundations for the creation of the WTO, and were ideally placed to see how the politics of negotiation affects the economics of trade. The Political Economy of the World Trading System is the first comprehensive and accessible introduction to the institutional mechanics, economics, and politics of the global trading networks. It goes beyond description of the rules of the WTO to analyse the political and economic forces that sculpted them, the incentives for countries to abide by them, and the likely future direction of the organization. The authors show how governments are not necessarily the social welfare-maximizing entities often found in textbooks, but instead develop policy subject to the pressures of a variety of interest groups. Although economic theory suggests that countries should pursue liberal trade policies and exchange goods and services on the basis of their comparative advantage, in practice most nations actively intervene in international trade. The political economy approach taken in this volume explains how the WTO functions, why GATT has been very successful in reducing tariffs, and why it has proven much more difficult to expand the reach of multilateral disciplines to domestic policies impacting on trade. This book will increase the reader's understanding of international economics, business, and international relations by supplying in-depth insider knowledge of how trade negotiations take place, how this decision-making affects trade policy, and how the multilateral arrangements that shape world trade are created. This information is crucial to understand why WTO rules are phrased as they are, and to understand the processes by which business organizations, industrial associations, and political lobbies influence the multilateral trading system. In this expanded and thoroughly revised edition, the authors have taken account of the recent developments in international trade relations, included an extra chapter on the historical importance of international trading arrangements, and updated all the references and guides to further reading.
The Economics Of The World Trading System
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Author : Kyle Bagwell
language : en
Publisher: MIT Press
Release Date : 2004-08-20
The Economics Of The World Trading System written by Kyle Bagwell and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-20 with Business & Economics categories.
World trade is governed by the rules of the World Trade Organization (WTO), the successor to the General Agreement on Tariffs and Trade (GATT). The WTO sets rules of conduct for the international trade of goods and services and for intellectual property rights, provides a forum for multinational negotiations to resolve trade problems, and has a formal mechanism for dispute settlement. It is the primary institution working, through rule-based bargaining, at freeing trade. In this book, Kyle Bagwell and Robert Staiger provide an economic analysis and justification for the purpose and design of the GATT/WTO. They summarize their own research, discuss the major features of the GATT agreement, and survey the literature on trade agreements. Their focus on the terms-of-trade externality is particularly original and ties the book together. Topics include the theory of trade agreements, the origin and design of the GATT and the WTO, the principles of reciprocity, the most favored nation principle, terms-of-trade theory, enforcement, preferential trade agreements, labor and environmental standards, competition policy, and agricultural export subsidies.
The Political Economy Of The World Trading System
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Author : Bernard M. Hoekman
language : en
Publisher:
Release Date : 1995
The Political Economy Of The World Trading System written by Bernard M. Hoekman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.
The Political Economy Of The World Trading System
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Author : Bernard M. Hoekman
language : en
Publisher: Oxford University Press, USA
Release Date : 1995
The Political Economy Of The World Trading System written by Bernard M. Hoekman 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 1995 with Business & Economics categories.
Understanding the reach and relevance of the organization is therefore important, and requires an interdisciplinary approach. Few countries allow unfettered market forces to determine the pattern and structure of trade and investment. Instead, governments develop policy in response to domestic political forces, taking into account likely reactions by trading partners. In discussing the WTO, the authors take a political economy-based approach that can explain these fundamental aspects of the 'real' world.
The Political Economy Of The World Trading System
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Author : Bernard M. Hoekman
language : en
Publisher:
Release Date : 2001
The Political Economy Of The World Trading System written by Bernard M. Hoekman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with International economic relations categories.
The Political Economy Of The World Trading System
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Author : Bernard M. Hoekman
language : en
Publisher: OUP Oxford
Release Date : 2009-10-29
The Political Economy Of The World Trading System written by Bernard M. Hoekman and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-29 with Business & Economics categories.
The Political Economy of the World Trading System is a comprehensive textbook account of the economics, institutional mechanics and politics of the world trading system. This third edition has been expanded and updated to cover developments in the World Trade Organisation (WTO) since its formation, including the Doha Round, presenting the essentials of trade negotiations and the WTO's rules and disciplines. The authors focus in particular on the WTO's role as the primary organisation through which trading nations manage their commercial interactions and the focal point for cooperation on policy responses to the rapidly changing global trading environment. It is the forum in which many features of the globalisation process are considered, and it currently faces an unprecedented set of challenges. The increasing importance of countries in Asia, Latin America and Africa in international trade relations, the revealed preference towards regionalism, intensification of trade conflicts, the role of business groups and NGOs in trade policy formation and negotiations, and pressures for more leadership in an institution threatened by paralysis are examples of issues that are discussed in some detail; all are critical for the operation of the system and for international business in the coming decade. This edition also includes numerous real-world examples to illustrate how the WTO impinges on business, workers and households, written from the perspective of managers and business associations. An insider's view of the institutional history of the WTO allows the authors to use a variety of conceptual tools to analyse the working of the WTO in a non-technical manner. Suggestions for Further Reading at the end of each chapter and an extensive bibliography make the volume suitable both for introductory and postgraduate courses on international economics and business, international relations, and international economic law.
The Political Economy Of The World Trading System
DOWNLOAD
Author : Bernard Hoekman
language : en
Publisher:
Release Date : 2001
The Political Economy Of The World Trading System written by Bernard Hoekman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
Emerging Powers And The World Trading System
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Author : Gregory Shaffer
language : en
Publisher: Cambridge University Press
Release Date : 2021-07-22
Emerging Powers And The World Trading System written by Gregory Shaffer and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-22 with Business & Economics categories.
This book explains the rise of China, India, and Brazil in the international trading system, and the implications for trade law.
The Political Economy Of The World Trading System
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Author : Bernard M. Hoekman
language : en
Publisher:
Release Date : 1995
The Political Economy Of The World Trading System written by Bernard M. Hoekman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.