The Changing Global Trade Architecture
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Author | : Dilip K. Das |
Publisher | : Edward Elgar Publishing |
Total Pages | : 228 |
Release | : 2007 |
Genre | : Law |
ISBN | : 1847205356 |
This book is useful for scholars and practitioners who did not follow the GATT/WTO negotiations and who desire to acquire a comprehensive background on the subject. Mordechai E. Kreinin, Journal of Economic Literature This comprehensive and accessible book examines the evolution of the multilateral trade regime in the ever-changing global economic environment, particularly during the WTO era and the ongoing Doha Round. Professor Das explores how the creation of the multilateral trade regime, or the GATT/WTO system, has been fraught with difficulties. He describes the ways, by means of various rounds of negotiations, the multilateral trade regime has constantly adjusted itself to the new realities of the global economy. One glance at the recent history indicates that the evolution of the multilateral trade regime was far from even-handed and steady. The GATT/WTO system was repeatedly pushed to the brink of utter and ignominious disaster. Yet, as the author illustrates, the participating economies persevered. Consequently, the fabric of multilateral trade regime is stronger, its foundation deeper and its framework wider now than it was a generation ago. Unlike the GATT era, membership of the present trade regime is close to universal. The author concludes that of the two phases, the latter has turned out to be the more arduous, intricate and complex phase of evolution. Students and scholars of economics, international trade, international political economy and international relations will find this study of great interest. The definitions and explanations of terminology and advanced concepts make the book accessible to those without an extensive economic background.
Author | : Masahiro Kawai |
Publisher | : Edward Elgar Publishing |
Total Pages | : 275 |
Release | : 2014-11-28 |
Genre | : Business & Economics |
ISBN | : 1783472200 |
Policymakers, academics, think tanks and practitioners will benefit from the international perspective of the book, particularly those interested in the influential Asian architecture. This book is also a useful reference tool for students of macroecon
Author | : Cristina Constantinescu |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 2015-01-21 |
Genre | : Business & Economics |
ISBN | : 1498399134 |
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. An estimate of the relationship between trade and income in the past four decades reveals that the long-term trade elasticity rose sharply in the 1990s, but declined significantly in the 2000s even before the global financial crisis. These results suggest that trade is growing slowly not only because of slow growth of Gross Domestic Product (GDP), but also because of a structural change in the trade-GDP relationship in recent years. The available evidence suggests that the explanation may lie in the slowing pace of international vertical specialization rather than increasing protection or the changing composition of trade and GDP.
Author | : World Bank |
Publisher | : World Bank Publications |
Total Pages | : 545 |
Release | : 2019-11-19 |
Genre | : Business & Economics |
ISBN | : 1464814953 |
Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.
Author | : Carlo Monticelli |
Publisher | : Routledge |
Total Pages | : 261 |
Release | : 2019-01-18 |
Genre | : Business & Economics |
ISBN | : 135110926X |
The architecture of global economic and financial governance has undergone a deep and pervasive reform in the last ten years, radically transforming international institutions and groups, such as the International Monetary Fund, the G7, and the G20. This book investigates the new, unsettled order which is now prevailing, driven by the change in the balance of power between advanced economies and key emerging market economies. Bringing together multiple strands of analysis, traditionally kept separate, Reforming Global Economic Governance: An Unsettled Order particularly explores the role of Europe within this changing world. The book documents and examines a broad range of events, building on methods from economics and other disciplines, as well as on the insights from the author’s personal involvement. This innovative approach allows the reader to ascertain the defining features of the reform: the increasing fragmentation of governance; the interconnectedness of its different elements; and the strong concern for inclusiveness. Furthermore, it presents analyses highlighting the controversial nature of the new order which underpins the current policy debate on international economic relations, including the resurgence of nationalism and trade conflicts. Through these explorations, this engaging book has direct relevance for the future prospects of international economic affairs. Offering a comprehensive view of these issues, this accessible text will appeal to scholars, insiders, and the general reader. Its detailed and thorough analyses will also be of great use to those studying economics, international political economy, and international relations.
Author | : Richard E. Baldwin |
Publisher | : CEPR |
Total Pages | : 246 |
Release | : 2009 |
Genre | : Commercial policy |
ISBN | : 1907142061 |
Author | : World Trade Organization |
Publisher | : |
Total Pages | : 76 |
Release | : 2015 |
Genre | : Architecture |
ISBN | : |
The WTO Building provides a fascinating insight into the artwork and architecture of the Centre William Rappard (CWR), home of the World Trade Organization. The book describes the origins and evolution of the CWR, highlighting the many works of art created and donated to adorn the building over the years. This expanded edition looks at how the building has evolved to meet the changing needs of the WTO, including the extension of the CWR, the transformation of an inner courtyard into an atrium, and the latest steps taken to preserve the building's historic artworks. Also available in French and Spanish language editions.
Author | : Vinod K. Aggarwal |
Publisher | : Springer Science & Business Media |
Total Pages | : 348 |
Release | : 2008-02-04 |
Genre | : Business & Economics |
ISBN | : 9783540748878 |
Can regional and interregional mechanisms better institutionalize the - creasing complexity of economic and security ties among states in Nor- east, Southeast, and South Asia? As the international state system und- goes dramatic changes in both security and trade relations in the wake of the Cold War’s end, the Asian financial crisis, and the attacks of Sept- ber 11, 2001, this question is now of critical importance to both academics and policymakers. Still, little research has been done to integrate the ana- sis of both regional security and economic dynamics within a broader c- text that will give us theoretically informed policy insights. Indeed, when we began our background research on the origin and e- lution of Asia’s institutional architecture in trade and security, we found that many scholars had focused on individual subregions, whether Nor- east, Southeast or South Asia. In some cases, scholars examined links - tween Northeast and Southeast Asia, and the literature often refers to these two subregions collectively as “Asia”, artificially bracketing South Asia. Of course, we are aware that as products of culture, economics, history, and politics, the boundaries of geographic regions change over time. Yet the rapid rise of India and its increasing links to East Asia (especially those formed in the early 1990s) suggest that it would be fruitful to examine both developments within each subregion as well as links across subregions.
Author | : Patrick Haughey |
Publisher | : Routledge |
Total Pages | : 372 |
Release | : 2018-01-19 |
Genre | : Architecture |
ISBN | : 1351796798 |
A History of Architecture and Trade draws together essays from an international roster of distinguished and emerging scholars to critically examine the important role architecture and urbanism played in the past five hundred years of global trading, moving away from a conventional Western narrative. The book uses an alternative holistic lens through which to view the development of architecture and trade, covering diverse topics such as the coercive urbanism of the Dutch East India Company; how slavery and capitalism shaped architecture and urbanization; and the importance of Islamic trading in the history of global trade. Each chapter examines a key site in history, using architecture, landscape and urban scale as evidence to show how trade has shaped them. It will appeal to scholars and researchers interested in areas such as world history, economic and trade history and architectural history.
Author | : Debra P. Steger |
Publisher | : Wilfrid Laurier Univ. Press |
Total Pages | : 498 |
Release | : 2009-12-15 |
Genre | : Political Science |
ISBN | : 1554581745 |
Two high-level commissions—the Sutherland report in 2004, and the Warwick Commission report in 2007—addressed the future of the World Trade Organization and made proposals for incremental reform. This book goes further; it explains why institutional reform of the WTO is needed at this critical juncture in world history and provides innovative, practical proposals for modernizing the WTO to enable it to respond to the challenges of the twenty-first century. Contributors focus on five critical areas: transparency, decision- and rule-making procedures, internal management structures, participation by non-governmental organizations and civil society, and relationships with regional trade agreements. Co-published with the International Development Research Centre and the Centre for International Governance Innovation