[PDF] Rethinking Trade eBook

Author : Paul Krugman
Publisher : MIT Press
Page : 298 pages
File Size : 18,26 MB
Release : 1994-03-29
Category : Business & Economics
ISBN : 9780262610957

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Over the past decade, a small group of economists has challenged traditional wisdom about international trade. Rethinking International Trade provides a coherent account of this research program and traces the key steps in an exciting new trade theory that offers, among other possibilities, new arguments against free trade. Over the past decade a small group of economists has challenged traditional wisdom about international trade. Rethinking International Trade provides a coherent account of this research program and traces the key steps in an exciting new trade theory that offers, among other possibilities, new arguments against free trade. Krugman's introduction is a valuable guide to research that has delved anew into the causes of international trade and reopened basic questions about the international pattern of specialization, the effects of protectionism, and what constitutes an optimal trade policy. In the four sections that follow, he takes a revisionary look at the causes of international trade, and discusses growth and the role of history, technological change and trade, and strategic trade policy.

Author : Paul R. Krugman
Publisher : Mit Press
Page : 282 pages
File Size : 46,59 MB
Release : 1990-01-01
Category : Business & Economics
ISBN : 9780262111485

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Over the past decade, a small group of economists has challenged traditional wisdom about international trade. "Rethinking International Trade provides a coherent account of this research program and traces the key steps in an exciting new trade theory that offers, among other possibilities, new arguments against free trade. Krugman's introduction is a valuable guide to research that has delved anew into the causes of international trade and reopened basic questions about the international pattern of specialization, the effects of protectionism, and what constitutes an optimal trade policy In the four sections that follow, he takes a revisionary look at the causes of international trade, and discusses growth and the role of history, technological change and trade, and strategic trade policy. Essays in part I review and challenge the theories of Ricardo and his successors, rethinking a 160-year tradition of looking at international trade. Models are presented in which trade frequently arises because of opportunities to exploit increasing returns through exports rather than from comparative advantage. In part II, Krugman traces the resulting pattern of trade specialization not only to the influence of comparative advantage but also to more arbitrary factors such as historical events, the rachet effect of cumulative processes, technological changes, and temporary economic shocks. Part III expands on the theme of technological change as a key factor in determining the pattern of specialization in international trade and addresses questions about the effects of innovation, or lack of it, on a country's international trade position. The concluding essays examine the issue of protectionismalong with other elements of trade policy, showing how protectionist policies, used as an export enhancement device by some national governments, may shift world specialization to the advantage of the protectionist nations. Paul R. Krugman is Professor of Economics at MIT.

Author : Peter Sai-wing Ho
Publisher : Edward Elgar Publishing
Page : 0 pages
File Size : 18,37 MB
Release : 2010
Category : Commercial policy
ISBN : 9781840649420

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The author re-interprets the works of the classical economics and those of the so-called 'protectionists' - Hamilton, List, Manoilesco, Prebisch, Myrdal and Singer - to offer an alternative framework that considers the role of trade, foreign investment, and technology in engendering uneven development."

Author : Joseph E. Stiglitz
Publisher : Commonwealth Secretariat
Page : 48 pages
File Size : 49,57 MB
Release : 2013
Category : Business & Economics
ISBN : 1849291055

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Aid for trade has not delivered on its initial promise. To create a genuinely pro-development trade liberalisation agenda, Nobel Prize-winning economist Joseph E Stiglitz and Andrew Charlton put forward proposals that will help international trade work for developing countries and preserve a development-friendly multilateral trading system.

Author : Susan Sleeper-Smith
Publisher : University of Nebraska Press
Page : 0 pages
File Size : 12,74 MB
Release : 2009-12-01
Category : History
ISBN : 9780803243293

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Lucrative, far-reaching, and complex, the fur trade bound together Europeans and Native peoples of North America in the seventeenth and eighteenth centuries. Rethinking the Fur Trade offers a nuanced look at the broad range of contracts that characterized the fur trade, a phenomenon that has often been oversimplified and misrepresented. These essays show how the role of Native Americans was far more instrumental in the conduct and outcome of the fur trade than previously suggested. Rethinking the Fur Trade exposes what has been called the “invisible hand of indigenous commerce,” revealing how it changed European interaction with Indians, influenced what was produced to serve the interests of Indian customers, and led to important cultural innovations. The initial essays explain the working mechanisms of the fur trade and explore how and why it evolved in a North Atlantic context. The second section examines indigenous perspectives through primary-source writings from the period and considers newly evolving indigenous perspectives about the fur trade. The final sections analyze the social history of the fur trade, the profound effect of the cloth trade on Indian dress and culture, and the significance of gender, kinship, and community in the workings of economic exchange.

Author : Amrita Bahri
Publisher : Bloomsbury Publishing
Page : 352 pages
File Size : 44,12 MB
Release : 2021-08-26
Category : Law
ISBN : 1509951717

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This book explores the ways to 'rethink', 'repackage' and 'rescue' world trade law in the post-COVID-19 era. Using the COVID-19 pandemic as an important context, the book makes original and critical contributions to the growing debate over a range of emerging challenges and systemic issues that might change the landscape of world trade law in the years to come. The book asks: do these unprecedented times and challenges call for reengineering the world trading system and a further retreat from trade liberalisation? The authors offer a rigorous and insightful analysis of whether and how the existing trade institutions and/or rules, including their latest developments, may provide room to deal with pandemic-induced trade-related issues, sustainable development goals, future crises and other existential threats to the multilateral trading system. The book reinforces the importance of international cooperation and the pressing need to reinvigorate the world trading system. The pandemic has provided a unique opportunity for governments to rebuild the political will needed for such cooperation. One should never let a serious crisis go to waste.

Author : P. Sai-wing Ho
Publisher : Edward Elgar Publishing
Page : 424 pages
File Size : 16,70 MB
Release : 2010-10-29
Category : Business & Economics
ISBN : 9781781000854

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Mainstream trade and commercial policy theories - with lineage traced back to Smith, Ricardo, Torrens, and Mill - have often trivialised the process of development as static resource allocation. Peter Sai-wing Ho re-interprets the works of these classical economists and those of the so-called 'protectionists' - Hamilton, List, Manoilesco, Prebisch, Myrdal, and Singer - to offer an alternative framework that considers the role of trade, foreign investment, and technology in engendering uneven development. The author reveals that these 'protectionists' actually offered sophisticated prescriptions involving non-trade instruments, interweaving import-substitution with export-promotion, and emphasising indigenous technological-capability cultivation. This controversial book offers a unique approach to rethinking the trade and development literature and will therefore strongly appeal to researchers, academics, and students of trade and development as well as those involved in the history of economic thought.

Author : Ha-Joon Chang
Publisher : Anthem Press
Page : 556 pages
File Size : 30,79 MB
Release : 2003
Category : Business & Economics
ISBN : 1843311100

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This title represents the most forward thinking and comprehensive review of development economics currently available.

Author : Grant Douglas Aldonas
Publisher : CSIS
Page : 106 pages
File Size : 27,39 MB
Release : 2009
Category : Economic development
ISBN : 0892065869

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With the global economy slowing, global trade negotiations currently not making sufficient progress, and the emergence of a risk of increased protectionism, the need to demonstrate the importance of trade and the positive contribution it can make to positive economic growth and global welfare has never been more pressing. Given the fundamental changes under way in the global economy, however, progress on trade will require a strategy that looks beyond the Doha Round -- one that rethinks the ends and means of trade policy in a more globalized world economy. This conference had three main objectives: 1. assessing what changes in the structure of international trade and development mean for the conduct of trade policy in globally integrated markets 2.) exploring how trade policy and the trading system can best contribute to addressing the broader challenges the global community confronts, specifically to a reduction in global poverty and a response to global warming and 3.) determining the appropriate role for the WTO and the trade regime in the light of the growing debate over reforming the international economic architecture.

Author : Rajan Gurukkal
Publisher : Oxford University Press, USA
Page : 0 pages
File Size : 39,85 MB
Release : 2016
Category : Business & Economics
ISBN : 9780199460854

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This volume is a rethinking of the classical eastern Mediterranean overseas exchange relations with the Indian sub-continent. Characterizing the nature of exchanges in detail against extant sources and theories, the book maintains that the expression, 'Indo-Roman trade' is a misnomer in historiography. It argues that the chieftains and merchants in the sub-continent had neither institutional nor technological means to indulge in contemporary overseas trade, a heavily document based enterprise. It was not necessary either.