Ideas, Institutions, and Trade

Ideas, Institutions, and Trade
Author :
Publisher : Oxford University Press on Demand
Total Pages : 255
Release :
ISBN-10 : 9780199557752
ISBN-13 : 0199557756
Rating : 4/5 (52 Downloads)

Synopsis Ideas, Institutions, and Trade by : Carsten Daugbjerg

It has always proved difficult to achieve trade liberalization for agricultural products.This book shows how a new Agriculture Agreement in the WTO led to CAP reform, which in turn allowed for greater flexibility in subsequent international trade negotiations.

Why Nations Fail

Why Nations Fail
Author :
Publisher : Currency
Total Pages : 546
Release :
ISBN-10 : 9780307719225
ISBN-13 : 0307719227
Rating : 4/5 (25 Downloads)

Synopsis Why Nations Fail by : Daron Acemoglu

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including: - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West? - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority? - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Ideas, Interests, and American Trade Policy

Ideas, Interests, and American Trade Policy
Author :
Publisher : Cornell University Press
Total Pages : 289
Release :
ISBN-10 : 9781501744488
ISBN-13 : 1501744488
Rating : 4/5 (88 Downloads)

Synopsis Ideas, Interests, and American Trade Policy by : Judith Goldstein

To citizens and political analysts alike, United States trade law is an incoherent conglomeration of policies, both liberal and protectionist. Seeking to understand the contradictions in American policy, Judith Goldstein offers the first book to demonstrate the impact of the political past on today's trade decisions. As she traces the history of trade agreements from the antebellum era through the 1980s, she addresses a fundamental question: What effects do shared ideas about economics—as opposed to national power or individual self-interest—have on the institutions that make and enforce trade law? Goldstein argues that successful ideas become embedded in institutions and typically outlive the time during which they served social interests. She sets the stage with a discussion of the shifting commercial policy of the first half of the nineteenth century. After examining the consequences of the Republican party's decision to promote high tariffs between 1870 and 1930, she then considers in detail the political aftermath of the Great Depression, when the Democratic party settled on a reciprocal trade platform. Because the Democrats did not completely dismantle the existing system, however, the combined legacies of protection and openness help explain the intricacies in the forms of protectionism that political leaders have advocated since World War II. Readers in such fields as political science, political economy, policy studies and law, international relations, and American history will welcome Ideas, Interests, and American Trade Policy.

Trade Policy in the Asia-Pacific

Trade Policy in the Asia-Pacific
Author :
Publisher : Springer Science & Business Media
Total Pages : 167
Release :
ISBN-10 : 9781441968333
ISBN-13 : 1441968334
Rating : 4/5 (33 Downloads)

Synopsis Trade Policy in the Asia-Pacific by : Vinod K. Aggarwal

East Asian countries are now pursuing greater formal economic institutionalization, weaving a web of bilateral and minilateral preferential trade agreements. Scholarly analysis of “formal” East Asian regionalism focuses on international political and economic factors such as the end of the Cold War, the Asian financial crisis, or the rising Sino-Japanese rivalry. Yet this work pays inadequate attention to the strategies of individual government agencies, business groups, labor unions, and NGOs across the region. Moreover, most studies also fail to adequately characterize different types of trade arrangements, often lumping together bilateral accords with minilateral ones, and transregional agreements with those within the region. To fully understand this cross-national variance, this book argues that researchers must give greater attention to the domestic politics within East Asian countries and the U.S., involving the interplay of these subnational players. With contributions from leading country and regional trade specialists, this book examines East Asian and American trade strategies through the lens of a domestic bargaining game approach with a focus on the interplay of interests, ideas, and domestic institutions within the context of broader international shifts. With respect to domestic politics, the chapters show how subnational actors engage in lobbying, both of their own governments and through their links to others in the region. They also trace the evolution of interests and ideas over time, helping us to generate a better understanding of historical trends in the region. In addition to scholars of East Asian and comparative regionalism, this book will be of interest to policy-makers concerned with international trade and U.S.-Asia relations, and those interested in understanding the rich trade institutional landscape that we see emerging in the Asia-Pacific.

How Trade with China Threatens Western Institutions

How Trade with China Threatens Western Institutions
Author :
Publisher : Springer Nature
Total Pages : 293
Release :
ISBN-10 : 9783030747091
ISBN-13 : 3030747093
Rating : 4/5 (91 Downloads)

Synopsis How Trade with China Threatens Western Institutions by : Robert Gmeiner

This book evaluates the institutional environments of China and the United States, and the West more broadly, and how they affect their trading relationship, with specific emphasis on intellectual property theft and other allegations of unfair competition. The economic and political characteristics of the two countries affect the balance of power in their trading relationship, with ramifications far beyond jobs and output. The major theme is China’s ability to free ride on Western institutions through intellectual property theft and extortion. This free riding is far more than just infringing patents and reaping profits; it creates a combination of incentives for political pressures in the West that diminish the free market and liberal Western values. The result is the classic result of free riding – underprovision, or degeneration, of the Western institutions that made the West prosperous and free. At the same time, China’s economic might, military prowess, and global soft power increase, often with deleterious effects for freedom and free markets. This book is distinctive because it integrates public choice ideas about economic institutions, state action, and strategic behavior into international trade. It also takes account of the economic characteristics of China and the West and explains why they present a situation that is fundamentally different from other trade disputes. Institutions and political influence are central to this book’s analysis of trade, which can be more dangerous and more disguised than the welfare gains from trade. Providing a concise and lucid distillation of pressing issues, this book is critical reading for scholars studying trade with China and its effects on both global and Western innovation, economic output, soft power, and freedom more broadly.

International Trade Theory and Policy

International Trade Theory and Policy
Author :
Publisher : Springer Science & Business Media
Total Pages : 669
Release :
ISBN-10 : 9783642373145
ISBN-13 : 3642373143
Rating : 4/5 (45 Downloads)

Synopsis International Trade Theory and Policy by : Giancarlo Gandolfo

In the present text the author deals with both conventional and new approaches to trade theory and policy, treating all important research topics in international economics and clarifying their mathematical intricacies. The textbook is intended for undergraduates, graduates and researchers alike. It addresses undergraduate students with extremely clear language and illustrations, making even the most complex trade models accessible. In the appendices, graduate students and researchers will find self-contained treatments in mathematical terms. The new edition has been thoroughly revised and updated to reflect the latest research on international trade.

From the Corn Laws to Free Trade

From the Corn Laws to Free Trade
Author :
Publisher : MIT Press
Total Pages : 441
Release :
ISBN-10 : 9780262195430
ISBN-13 : 0262195437
Rating : 4/5 (30 Downloads)

Synopsis From the Corn Laws to Free Trade by : Cheryl Schonhardt-Bailey

The repeal of Britain's Corn Laws in 1846, one of the most important economic policy decisions of the 19th century, has long intrigued and puzzled political scientists, historians, and economists. This book examines the interacting forces that brought about the abrupt beginning of Britain's free-trade empire.

Ideas and Foreign Policy

Ideas and Foreign Policy
Author :
Publisher : Cornell University Press
Total Pages : 324
Release :
ISBN-10 : 080148152X
ISBN-13 : 9780801481529
Rating : 4/5 (2X Downloads)

Synopsis Ideas and Foreign Policy by : Judith Goldstein

Approaches the question of whether ideas--world views, principled beliefs, and causal beliefs--have an impact on political outcomes, and if so, under what conditions. Contributions address such topics as the weight of ideas in decolonization; human rights policies in the US and western Europe; change in Parliament in early Stuart England; and coping with terrorism--norms and internal security in Germany and Japan. Annotation copyright by Book News, Inc., Portland, OR

Trading Promises for Results

Trading Promises for Results
Author :
Publisher :
Total Pages :
Release :
ISBN-10 : 1597823643
ISBN-13 : 9781597823647
Rating : 4/5 (43 Downloads)

Synopsis Trading Promises for Results by : Mauricio Mesquita Moreira

Straight Talk on Trade

Straight Talk on Trade
Author :
Publisher : Princeton University Press
Total Pages : 330
Release :
ISBN-10 : 9780691196084
ISBN-13 : 0691196087
Rating : 4/5 (84 Downloads)

Synopsis Straight Talk on Trade by : Dani Rodrik

Deftly navigating the tensions among globalization, national sovereignty, and democracy, Straight Talk on Trade presents an indispensable commentary on today's world economy and its dilemmas, and offers a visionary framework at a critical time when it is most needed.