Abstract
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.
Schlagworte
Trade Disputes Trade Policy Trade Protectionism Trump Administration World Trade Organization United States Digital Economy Economic Development Global Trade Global Value Chains China- Kapitel Ausklappen | EinklappenSeiten
- 517–522 Appendix 517–522
- 523–530 Contributors 523–530
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- „... University of Min-nesota. He is the author of The History and Future of the World Trade Organ-ization (2013 ...” „... 523CONTRIBUTORSEddy Bekkers is research economist at the World Trade Organ ization focusing on ...” „... quantitative trade modelling. Before he was a postdoctoral re-searcher at the World Trade Institute and ...”
- „... / revitalizing - multilateral - governance - at - the - world - trade - organization / .556-86611_ch01_6P.indd ...” „... trade, the world was actually enduring “creeping protectionism,” as evidenced in the regular reports on ...” „... multilateral cooperation in the World Trade Organ ization (WTO) and the implications of stronger regional bloc ...”
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- „... University“The World Trade Organization and the multilateral trading regime could soon become relics of the past ...” „... Affairs, Columbia University“The World Trade Organization and the multilateral trading regim c uld soon ...” „... database, 42; in subsidy- related matters, 315; Trade Integration Mechanism, 458–59; World Economic ...”
- „... . Given the despair over the dismal state of world trade, this volume could have been a requiem for the ...” „... !” —Merit E. Janow, dean, School of International and Public Affairs, Columbia University“The World Trade ...” „... ST CENTURYRADHOEKMAN ZEDILLOIs multilateral cooperation on trade doomed to become increasingly ...”
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- „... interests.Much is at stake. There is the reputation of the World Trade Organ-ization (WTO) to think of. Coming ...” „... uni-lateralism with policy choices in the years before, often crediting world trade rules with reining in ...” „... , to define the shares of world goods trade affected by each intervention. Data on the total value of ...”