Despite troubled trade negotiations, global trade-and trade policy-will 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? 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.
Despite troubled trade negotiations, global trade-and trade policy-will 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? 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.
Bernard M. Hoekman is professor and director of the global economics research area at the Robert Schuman Centre for Advanced Studies, European University Institute, Florence, Italy, where he also serves as the dean of external relations.Ernesto Zedillo is director of the Yale Center for the Study of Globalization, and a professor of international economics and politics at Yale University. He was president of Mexico from 1994 to 2000.
Inhaltsangabe
Contents: Preface: A Tribute to Patrick Messerlin Introduction: The International Trading System in Prostration, Courtesy of the United States Bernard Hoekman and Ernesto Zedillo Part I: Trade Policy Trends and Developments 1. The Pre-Trump Buildup of Trade Discrimination: Scale, Drivers, and Effects Simon Evenett 2. Antidumping and Market Competition: Implications for Emerging Economies Chad P. Bown 3. The Trade Policy of the United States under the Trump Administration Craig Vangrasstek 4. China and the World Trading System: Will "In and Up" Be Replaced by "Down and Out"? L. Alan Winters 5. Trade Wars: Nobody Expects the Spanish Inquisition Eddy Bekkers, Joseph Francois, Douglas Nelson, and Hugo Rojas-Romagosa 6. "We Can Also Do Stupid": The EU Response to "America First" Protectionism Simon Evenett 7. Burning Down the House? The Appellate Body at the Center of the WTO Crisis Bernard Hoekman and Petros C. Mavroidis Part II: Challenges for Multilateral Cooperation 8. The Agricultural Challenge in the Twenty-First Century Anne O. Krueger 9. Subsidies, Spillovers, and Multilateral Cooperation Bernard Hoekman and Douglas Nelson 10. Disentangling Data Flows: Inside and Outside the Multinational Company Erik Van Der Marel 11. What Can Be Done to Blunt Potential Conflict between Climate Change and Trade Policies? Patrick Low 12. Regional Trade Agreements and Trade Costs in Services Sébastien Miroudot and Ben Shepherd Part III: Economic Development and the Trading System 13. From Global Value Chains to Global Development Chains: Changing Paradigms Olivier Cattaneo and Sébastien Miroudot 14. The Aid for Trade Initiative: A WTO Attempt at Coherence Jean-Jacques Hallaert 15. Bananas, Subject of the Longest Transatlantic Dispute in the World Trading System: A Postmortem Jaime De Melo 16. Unilateral Liberalization within the GATT/WTO System Joseph Michael Finger Appendix: Selected Publications by Patrick Messerlin Contributors Index
Contents: Preface: A Tribute to Patrick Messerlin Introduction: The International Trading System in Prostration, Courtesy of the United States Bernard Hoekman and Ernesto Zedillo Part I: Trade Policy Trends and Developments 1. The Pre-Trump Buildup of Trade Discrimination: Scale, Drivers, and Effects Simon Evenett 2. Antidumping and Market Competition: Implications for Emerging Economies Chad P. Bown 3. The Trade Policy of the United States under the Trump Administration Craig Vangrasstek 4. China and the World Trading System: Will "In and Up" Be Replaced by "Down and Out"? L. Alan Winters 5. Trade Wars: Nobody Expects the Spanish Inquisition Eddy Bekkers, Joseph Francois, Douglas Nelson, and Hugo Rojas-Romagosa 6. "We Can Also Do Stupid": The EU Response to "America First" Protectionism Simon Evenett 7. Burning Down the House? The Appellate Body at the Center of the WTO Crisis Bernard Hoekman and Petros C. Mavroidis Part II: Challenges for Multilateral Cooperation 8. The Agricultural Challenge in the Twenty-First Century Anne O. Krueger 9. Subsidies, Spillovers, and Multilateral Cooperation Bernard Hoekman and Douglas Nelson 10. Disentangling Data Flows: Inside and Outside the Multinational Company Erik Van Der Marel 11. What Can Be Done to Blunt Potential Conflict between Climate Change and Trade Policies? Patrick Low 12. Regional Trade Agreements and Trade Costs in Services Sébastien Miroudot and Ben Shepherd Part III: Economic Development and the Trading System 13. From Global Value Chains to Global Development Chains: Changing Paradigms Olivier Cattaneo and Sébastien Miroudot 14. The Aid for Trade Initiative: A WTO Attempt at Coherence Jean-Jacques Hallaert 15. Bananas, Subject of the Longest Transatlantic Dispute in the World Trading System: A Postmortem Jaime De Melo 16. Unilateral Liberalization within the GATT/WTO System Joseph Michael Finger Appendix: Selected Publications by Patrick Messerlin Contributors Index
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