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Cambridge University Press
Paperback (310 pages)
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Negotiations between governments shape the world political economy and in turn the lives of people everywhere. Developing countries have become far more influential in talks in the World Trade Organization, including infamous stalemates in Seattle in 1999 and Cancún in 2003, as well as bilateral and regional talks like those that created NAFTA. Yet social science does not understand well enough the process of negotiation, and least of all the roles of developing countries, in these situations. This book sheds light on three aspects of this otherwise opaque process: the strategies developing countries use; coalition formation; and how they learn and influence other participants' beliefs. This book will be valuable for many readers interested in negotiation, international political economy, trade, development, global governance, or international law. Developing country negotiators and those who train them will find practical insights on how to avoid pitfalls and negotiate better. |
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By Chad P. Bown
Brookings Institution Press
Paperback (300 pages)
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Click Here | - ISBN13: 9780815703235
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The World Trade Organization - backbone of today's international commercial relations - requires member countries to self-enforce exporters' access to foreign markets. Its dispute settlement system is the crown jewel of the international trading system, but its benefits still fall disproportionately to wealthy nations. Could the system be doing more on behalf of developing countries? In "Self-Enforcing Trade", Chad P. Bown explains why the answer is an emphatic yes. Bown argues that as poor countries look to the benefits promised by globalization as part of their overall development strategy, they increasingly require access to the WTO dispute settlement process to protect their trading interests. Unfortunately, the practical realities of WTO dispute settlement as it currently stands create a number of hurdles that prevent developing countries from enjoying the trading system's full benefits. This book confronts these challenges. "Self-Enforcing Trade" examines the WTO's extended litigation process, highlighting the tangle of international economics, law, and politics that participants must master. He identifies the costs that prevent developing countries from disentangling the self-enforcement process and fully using the WTO system as part of their growth strategies. Bown assesses recent efforts to help developing countries overcome those costs, including the role of the Advisory Centre on WTO Law and development focused NGOs. Bown's proposed Institute for Assessing WTO Commitments tackles the largest remaining obstacle currently limiting developing country engagement in the WTO's selfenforcement process - a problematic lack of information, monitoring, and surveillance. |
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By Kevin Buterbaugh
Palgrave Macmillan
Released: 2007-12-26
Paperback (240 pages)
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Click Here | - ISBN13: 9780230600218
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Adam Smith famously described the marketplace as being guided by an "invisible hand". The modern international marketplace is guided by a set of rules of the game embodied in the visible hand of the World Trade Organization (WTO). This book describes the WTO from its post-WWII beginnings in the General Agreement on Tariff and Trade (GATT) through a series of negotiated enhancements of these agreements. It describes the WTO's origins, structure and growth pains as it has had to face challenges from within and without. Case studies illuminate the diplomatic and domestic political issues accompanying the difficult decisions confronted by the WTO. |
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By Gary P. Sampson
United Nations University Press
Paperback (315 pages)
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This timely book investigates the relationship in between trade and sustainable development. The WTO has evolved into a World Trade and Sustainable Development Organization and many issues now on its agenda are far from traditional trade policy matters. The term ‘sustainable development’ means securing a growth path that provides for the needs of the current generation without compromising the ability of future generations to meet their own needs. From a policy perspective the pursuit of sustainable development requires a careful balancing between ensuring social progress and conserving the environment. |
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By Richard Peet
Zed Books
Released: 2009-07-07
Paperback (304 pages)
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Who really runs the global economy? The triad of "governance institutions"--The IMF, the World Bank and the WTO. Globalization hugely increased these undemocratic institutions’ power, drastically affecting the livelihoods of peoples across the world with their particular kind of neoliberal capitalism. Their 'Washington Consensus' proposed that poverty was to be ended by increasing inequality. This new edition of Unholy Trinity is completely updated and revised. It argues neoliberal global capitalism has produced an unstable global economy, rife with speculation and structurally prone to crises. Indeed the crisis is now so severe that governance will become impossible. The IMF is in disgrace, the WTO can hardly meet and the World Bank survives as a global philanthropist. Is this the end for the Unholy Trinity? |
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By John H. Barton & Timothy E. Josling
Princeton University Press
Paperback (256 pages)
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Click Here | - ISBN13: 9780691136165
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The Evolution of the Trade Regime offers a comprehensive political-economic history of the development of the world's multilateral trade institutions, the General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO). While other books confine themselves to describing contemporary GATT/WTO legal rules or analyzing their economic logic, this is the first to explain the logic and development behind these rules. The book begins by examining the institutions' rules, principles, practices, and norms from their genesis in the early postwar period to the present. It evaluates the extent to which changes in these institutional attributes have helped maintain or rebuild domestic constituencies for open markets. The book considers these questions by looking at the political, legal, and economic foundations of the trade regime from many angles. The authors conclude that throughout most of GATT/WTO history, power politics fundamentally shaped the creation and evolution of the GATT/WTO system. Yet in recent years, many aspects of the trade regime have failed to keep pace with shifts in underlying material interests and ideas, and the challenges presented by expanding membership and preferential trade agreements. |
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Edward Elgar Publishing
Hardcover (227 pages)
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This comprehensive collection provides a remarkable wealth of information and a timely assessment of China's economic development and integration with the global economy after WTO accession. Chunlai Chen brings together a distinguished group of scholars who employ economic theories, econometric modelling techniques and the latest statistics to analyse many important issues. These hotly debated topics include China's economic growth, international trade, regional trade arrangements, foreign direct investment, banking sector liberalization, exchange rate reform, agricultural trade and energy demand. Aimed at an international audience, this highly focused book will be of great benefit to academics and postgraduate students involved in Chinese economy and business studies as well as researchers in international trade and foreign investment. |
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By John H. Jackson
Cambridge University Press
Paperback (388 pages)
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The last decade of the twentieth century and the first decade of the twenty-first century has been one of the most challenging periods for the generally accepted assumptions of international law. This book grapples with these long-held assumptions (such as the consent basis of international law norms, equality of nations, restrictive or text-based treaty interpretations and applications, the monopoly of internal national power, and non-interference), and how they are being fundamentally altered by the forces of globalization. It also examines the challenges facing the WTO as a component of international economic law, and how that field is inextricably linked to general international law. |
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World Bank Publications
Paperback (576 pages)
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"Poverty and the WTO breaks new ground in addressing a key question: how does trade liberalization affect the poor? It is the first book to link the WTO negotiations in Geneva with the attempts of impoverished households in Africa, Asia, and Latin America to emerge from poverty. New analytical approaches and nearly a dozen detailed country studies provide accessible account of the connection between trade and poverty and of the choices that policy makers face. This book is essential reading for anyone interested in the poverty impacts of Doha, be they researcher or policy maker." - Anthony J. Venables, Chief Economist, U.K. Department of International Development Yu Kuo-Hwa Professor of International Economics London School of Economics and Political Science "In this volume, many of the world's top scholars of international trade and development address an issue that should be at the forefront of the current trade negotiations. It couldn't be more welcome." - Alan V. Deardorff, John W. Sweetland Professor of International Economics Professor of Economics and Public Policy, University of Michigan Poverty reduction is deemed to be a centerpiece of the Doha Development Agenda currently being negotiated under the auspices of the WTO. Yet there is considerable debate about the poverty impacts of such an agreement. Some are convinced it will increase poverty, while others are equally convinced that it will lead to poverty reduction. This book brings the best scientific methods to bear on this question, taking into account the specific characteristics embodied in the Doha Development Agenda. |
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By Simon A. B. Schropp
Cambridge University Press
Hardcover (378 pages)
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The World Trade Organization (WTO) is an incomplete contract among sovereign countries. Trade policy flexibility mechanisms are designed to deal with contractual gaps, which are the inevitable consequence of this contractual incompleteness. Trade policy flexibility mechanisms are backed up by enforcement instruments which allow for punishment of illegal extra-contractual conduct. This book offers a legal and economic analysis of contractual escape and punishment in the WTO. It assesses the interrelation between contractual incompleteness, trade policy flexibility mechanisms, contract enforcement, and WTO Members' willingness to co-operate and to commit to trade liberalization. It contributes to the body of WTO scholarship by providing a systematic assessment of the weaknesses of the current regime of escape and punishment in the WTO, and the systemic implications that these weaknesses have for the international trading system, before offering a reform agenda that is concrete, politically realistic, and systemically viable. |
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