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 Organizations in World Politics

International Organizations in World Politics
Author: Tamar Gutner
Publisher: CQ Press
Total Pages: 305
Release: 2016-01-29
Genre: Political Science
ISBN: 1483310558

This timely new title examines the importance and impact of major international organizations and their role in global governance. International Organizations in World Politics focuses on the most influential IOs, including the United Nations, World Bank, International Monetary Fund, and World Trade Organization. For each organization, author Tamar Gutner describes their birth and evolution, governance structure, activities, and performance. A second chapter on each organization presents a case study that illuminates the constraints and challenges each IO faces. Regional organizations and issues are also examined, including the European Union and the euro crisis, as well as a case study on the African Union’s peace operations.

Emerging Powers and the World Trading System

Emerging Powers and the World Trading System
Author: Gregory Shaffer
Publisher: Cambridge University Press
Total Pages: 345
Release: 2021-07-22
Genre: Business & Economics
ISBN: 1108495192

This book explains the rise of China, India, and Brazil in the international trading system, and the implications for trade law.

The Oxford Handbook of International Law in Asia and the Pacific

The Oxford Handbook of International Law in Asia and the Pacific
Author: Simon Chesterman
Publisher: Oxford University Press
Total Pages: 904
Release: 2019-09-12
Genre: Law
ISBN: 0192512706

The growing economic and political significance of Asia has exposed a tension in the modern international order. Despite expanding power and influence, Asian states have played a minimal role in creating the norms and institutions of international law; today they are the least likely to be parties to international agreements or to be represented in international organizations. That is changing. There is widespread scholarly and practitioner interest in international law at present in the Asia-Pacific region, as well as developments in the practice of states. The change has been driven by threats as well as opportunities. Transnational issues such as climate change and occasional flashpoints like the territorial disputes of the South China and the East China Seas pose challenges while economic integration and the proliferation of specialized branches of law and dispute settlement mechanisms have also encouraged greater domestic implementation of international norms across Asia. These evolutions join the long-standing interest in parts of Asia (notably South Asia) in post-colonial theory and the history of international law. The Oxford Handbook of International Law in Asia and the Pacific brings together pre-eminent and emerging specialists to analyse the approach to and influence of key states of the region, as well as whether truly 'Asian' trends can be identified and what this might mean for international order.

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.

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.

Hidden Interests in Credit and Finance

Hidden Interests in Credit and Finance
Author: James B. Greenberg
Publisher: Rowman & Littlefield
Total Pages: 331
Release: 2017-09-20
Genre: Social Science
ISBN: 1498545793

In this book, James B. Greenberg and Thomas K. Park take an anthropological approach to the economic history of the past one thousand years and define credit as a potentially transformative force involving inequalities. Traveling through the Mediterranean and Europe, from the medieval period to the modern day, Greenberg and Park reorient financial history and position social capital and ethical thought at its center. They examine the multicultural origins of credit and finance, from banking to credit cards and predatory lending to the collapse of global credit markets in 2007–2008. This book is recommended for scholars of anthropology, history, economics, religion, and sociology.

Governing the World

Governing the World
Author: Mark Mazower
Publisher: Penguin
Total Pages: 494
Release: 2012-09-13
Genre: Political Science
ISBN: 1101595892

The story of global cooperation between nations and peoples is a tale of dreamers goading us to find common cause in remedying humanity’s worst problems. But international institutions have also provided a tool for the powers that be to advance their own interests and stamp their imprint on the world. Mark Mazower’s Governing the World tells the epic story of that inevitable and irresolvable tension—the unstable and often surprising alchemy between ideas and power. From the beginning, the willingness of national leaders to cooperate has been spurred by crisis: the book opens in 1815, amid the rubble of the Napoleonic Empire, as the Concert of Europe was assembled with an avowed mission to prevent any single power from dominating the continent and to stamp out revolutionary agitation before it could lead to war. But if the Concert was a response to Napoleon, internationalism was a response to the Concert, and as courts and monarchs disintegrated they were replaced by revolutionaries and bureaucrats. 19th century internationalists included bomb-throwing anarchists and the secret policemen who fought them, Marxist revolutionaries and respectable free marketeers. But they all embraced nationalism, the age’s most powerful transformative political creed, and assumed that nationalism and internationalism would go hand in hand. The wars of the twentieth century saw the birth of institutions that enshrined many of those ideals in durable structures of authority, most notably the League of Nations in World War I and the United Nations after World War II. Throughout this history, we see that international institutions are only as strong as the great powers of the moment allow them to be. The League was intended to prop up the British empire. With Washington taking over world leadership from Whitehall, the United Nations became a useful extension of American power. But as Mazower shows us, from the late 1960s on, America lost control over the dialogue and the rise of the independent Third World saw a marked shift away from the United Nations and toward more pliable tools such as the World Bank and the International Monetary Fund. From the 1990s to 2007, Governing the World centers on a new regime of global coordination built upon economic rule-making by central bankers and finance ministers, a regime in which the interests of citizens and workers are trumped by the iron logic of markets. Now, the era of Western dominance of international life is fast coming to an end and a new multi-centered global balance of forces is emerging. We are living in a time of extreme confusion about the purpose and durability of our international institutions. History is not prophecy, but Mark Mazower shows us why the current dialectic between ideals and power politics in the international arena is just another stage in an epic two-hundred-year story.