The Ashgate Research Companion to International Trade Policy

This volume provides a state of the art review of current thinking on the full range of trade policy issues, addressing the economic and political dimensions of international trade policy. The volume contains a systematic examination of: - specific trade policy instruments (such as tariffs, non-tariff barriers and trade rules) - sectoral concerns (in agriculture, manufacturing and services) - trade linkages (to issues such as the environment and labour standards) - systemic considerations (what role for the WTO?) The organising theme of the volume is that open markets for trade and investment yield large potential gains in human welfare as long as trade policy is conducted as an integral part of broader domestic economic management and regulatory reform, and as long as the particular challenges facing developing countries are effectively addressed. This 'case' is presented on the basis of rigorous analysis of first principles and of empirical experience among key trading nations. An integrated set of original and comprehensive perspectives from a diverse group of experts, linked by a common organisational thread. The contributing authors create an ideal mix of internationally recognised experts together with younger specialists making their mark in trade policy analysis; academics as well as trade policy practitioners; and representatives of both developed and developing countries.

Business & Money

Heydon, Kenneth

Economics

Routledge

As multilateral negotiations become increasingly complex and protracted, preferential trade agreements have become the centerpiece of trade diplomacy. Pushing beyond tariffs into deep integration and beyond regionalism into a web of bilateral deals, these agreements are raising concerns about coercion by bigger players.
This study examines American, European, and Asian approaches to preferential trade agreements and their effect on trade, investment, and economic welfare. The book draws on the rich field of theoretical works but also fills a gap in the literature by examining in detail the actual substance of agreements negotiated and envisaged.
With bilateralism in trade driven by foreign policy, environmental, and social concerns, as well as market access objectives, the key question is how the various negotiating forums interact. This volume argues that preferential agreements can complement the multilateral system —but only if that system is strong enough to continue to reduce barriers to trade and strengthen rules that limit the distorting effects of bilateralism.

The Rise of Bilateralism: Comparing American, European, and Asian Approaches to Preferential Trade Agreements

Politics & Social Sciences

Woolcock, Stephen

Politics & Government

United Nations University Press

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