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Trade in the 21st Century
Back to the Past?
Editors:
|
Publisher:
2021
Summary
Despite troubled trade negotiations, global tradeand trade policywill thrive in the twenty-first century, but with a bow to the past.
Is the multilateral trading order of the twentieth century a historical artifact?
Was the creation of the World Trade Organization in 1995 the high point of multilateral cooperation on trade? This new volume, edited by Bernard M. Hoekman and Ernesto Zedillo, assesses the relevance of the WTO in the context of the rise of China and the United States' turn toward unilateral protectionism.
The contributors adopt a historical perspective to discuss changes in global trade policy trends, adducing lessons from the past to help understand current trade tensions. Topics include responses to U.S. protectionism under the Trump administration, the policy dimensions of trade in services and the rise of the digital economy, how to strengthen the WTO to better negotiate new rules of the game and adjudicate disputes, managing China's integration into the global trade system, and the implications of global value chains for economic development policies.
By reflecting on past episodes of protectionism and how they were resolved, Trade in the 21st Century provides both context and guidance on how trade challenges can be addressed in the coming decades.
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Bibliographic data
Copyright year
2021
ISBN-Print
978-0-8157-2904-4
ISBN-Online
978-0-8157-2905-1
Publisher
Rowman & Littlefield, Lanham
Language
English
Pages
backcover1
Product type
Edited Book
Table of contents
ChapterPages
Table of Contents No access
Preface No access
Introduction: The International Trading System in Prostration, Courtsey of the United States No access Pages 1 - 34
The Pre-Trump Buildup of Trade Discrimination: Scale, Drivers, and Effects No access
Antidumping and Market Competition: Implications for Emerging Economies No access
The Trade Policy of the United States Under the Trump Administration No access
China and the World Trading System: Will "In and Up" Be Replaced By "Down and Out"? No access
Trade Wars: Nobody Expects the Spanish Inquistion No access
"We Can Also Do Stupid": The EU Response to "America First" Protectionism No access
Burning Down the House?: The Appellate Body at the Center of the WTO Crisis No access
The Agricultural Challnege in the Twenty-First Century No access
Subsidies, Spillovers, and Multilateral Cooperation No access
Disentangling Data Flows: Inside and Outside the Multinational Company No access
What Can Be Done to Blunt Potential Conflict Between Climate Change and Trade Policies? No access
Regional Trade Agreements and Trade Costs in Services No access
From Global Value Chains to Global Development Chains: Changing Paradigms No access
The Aid for Trade Initiative: A WTO Attempt at Coherence No access
Bananas, Subject of the Longest Transatlantic Dispute in the World Trading System: A Postmortem No access
Unilateral Liberalization within the GATT/WTO System No access
