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In this book, Edward J. Lincoln tackles the thorny issue of U.S. trade relations with Japan, the subject of so much tension in the 1990s. In so doing, he builds on his earlier Brookings book, Japan's Unequal Trade. Lincoln argues that statistical evidence shows only modest progress in diminishing Japan's "distinctiveness." Despite an upturn in the mid-1990s, import penetration, intra-industry trade, and inward foreign direct investment all remain low relative to most other nations. High profile...

This book examines the causes and consequences of social standards in US and EU preferential trade agreements (PTAs). PTAs are the new reality of the global trading system. Pursued by both developed and developing countries, they increasingly incorporate labor and environmental issues to prevent a race to the bottom in social regulation and counter-protectionism. Using principal-agent theory to explore why US PTAs have stricter social standards than those signed by the EU, Postnikov argues tha...

The Annual Report 2020 provides a comprehensive account of the WTO's activities in 2019. The report begins with a message from WTO Director-General Roberto Azevedo. This is followed by a brief overview of 2019 and more in-depth accounts of the WTO's various areas of activity over the past 12 months. Spotlights highlight major WTO events and activities.

The need to understand the migration between the United States and Mexico is greater today than at any time in its century long history. Its volume and complexity are greater than most observers might have imagined even a decade ago; and it operates in a context charged with serious human, political, and security challenges. Yet, there is often confusion over the most fundamental questions about the demography, economics, and political nature of the movement and its policy responses. The editors...

The law of balance is not just a motivating power but also serves the purpose of development. How did human society develop in a balanced manner in history? How is China's Modernization impacted by the law of equilibrium? How does the law of balance affect China's economic and trade relations with other countries?This book attempts to answer these questions and more. It applies the balance law methodology to systematically analyze major factors influencing the sustainable development of the Chin...

Despite the Doha declaration of November 2001, the failure to start a new round of global trade negotiations at Seattle in December 1999 and the hostility of protesters to the trade liberalization process and growing global economic and social disparities was a wake-up call for the World Trade Organisation (WTO). The ambitious goal of this ground-breaking book is to identify the strengths and weaknesses of liberalized world trade, in particular in the agricultural sector, and to investigate to w...

In view of the complexity of the relationship between trade and gender, it is important to assess the potential impact of trade policy on both women and men and to develop appropriate policies to ensure that trade contributes to enhancing opportunities for all. Building on new analysis and data broken down by gender, this study aims to advance understanding of the relationship between trade and gender equality and to identify opportunities through which trade can improve the lives of women. Rese...

Each Trade Policy Review consists of three parts: a report by the government under review, a report written independently by the WTO Secretariat, and the concluding remarks by the chair of the Trade Policy Review Body. A highlights section provides an over-view of key findings. 15 to 20 new review titles are published each year. The reviews consist of detailed chapters examining the trade policies and practices of the member and describing trade policy-making institutions and the macroeconomic s...

The 2020 edition provides comprehensive information on the tariffs and non-tariff measures imposed by over 170 countries and customs territories. It is a joint publication of the WTO, the International Trade Centre (ITC) and the United Nations Conference on Trade and Development (UNCTAD). Tariff data are presented in comparative tables indicating, among other things, the average "bound" or maximum tariff each economy may apply to its imports and the average tariff it applies in practice. A one-...

How multinationals contribute, or don't, to global prosperity.Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world...

One-Page Case Summaries provides a succinct summary of the key findings of every dispute panel report up to the end of 2014 and, where applicable, the subsequent Appellate Body report. Each one-page summary comprises three sections: the core facts; the key findings contained in the reports; and, where relevant, other matters of particular significance. The disputes are presented in chronological order (by dispute settlement number). Two indexes at the end of the publication list the disputes by...

Standards and regulations are an integral, if easily overlooked, part of our daily life. They determine whether a plug fits into a socket, whether food is safe for human consumption or whether a bank is allowed to take deposits. They are also an indispensable part of international trade. Using new evidence from ITC databases, this report reveals how standards and regulations are holding SME competitiveness back, but crucially, what SMEs and other stakeholders can do to make standards and regulat...

This book is a collection of important reference works by Bruce Blonigen on foreign direct investment (FDI). The book is primarily composed of empirical analyses of foreign direct investment behavior from an industrial organization and international trade perspective. These studies both examine determinants of FDI, as well as the effects of FDI on host and parent countries. The work examines FDI from a firm-level perspective and uses unique micro-level datasets to further understand firm-level F...

In April 1997, Egyptian President Mubarak and U.S. Vice President Gore agreed to explore the possibility of creating a Free Trade Agreement (FTA) between Egypt and the United States. The very idea of such an agreement has been met by controversy and skepticism from critics in both countries. The authors of this book, however, believe that the case for considering an FTA between the U.S. and Egypt rests on solid economic and political grounds. An agreement could help promote Egyptian economic ref...

The rate of economic change in East Asia over the past two decades has been astounding. High levels of growth have been experienced by a number of the region's developing economies, centralized systems have developed large market sectors, Japan has suffered a prolonged downturn and the 1997 crisis plunged the region into economic turmoil. This volume presents an in-depth analysis of the effects of these changes on employment in the region. Chapters are devoted to market restructuring in China a...

The USA and China, the world’s largest economic powers, have been engaging in trade war since January 2018. The impact of this trade war is felt not only by US and China but also by other economies who have economic ties with them. This book provides insights into damages caused by this trade war. The first section of the book looks at the impact of the trade war on the global economy. It goes deeper to examine the trade war impact on the South Asian region. It is well-known that any impositio...

This book develops a new theoretical approach to understanding the role of leadership in trade negotiations. By examining in detail the key role of leadership in the GATT/WTO system, it offers new insights into trade bargaining from the inception of the GATT through to the current WTO Doha Round. David A. Deese makes use of an impressive range and amount of primary material on the GATT/WTO system from a variety of official sources. World Trade Politics will be recommended reading for upper lev...

This book examines how developing countries were affected by the global economic and financial crisis. It reflects on lessons learnt and on the policy agenda necessary for supporting such countries. Contributions fall into three categories: 1) general issues on the causes of the crisis and its transmission to the developing world, 2) country and regional case studies, and 3) policy recommendations. It is found that there is widespread awareness of a growing wedge between financial to sector grow...