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Perspectives on Trade and Development

Author : Anne O. Krueger
Publisher : University of Chicago Press
Page : 414 pages
File Size : 17,97 MB
Release : 1990-04-17
Category : Business & Economics
ISBN : 9780226454900

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Developing countries typically have wage rates that are a small fraction of those in developed countries. Trade theories traditionally attributed this difference to two factors: the relative abundance of the labor supply in the two countries and the relative value of the goods produced. These factors, however, inadequately explain the full differential in almost every comparison of developed and developing countries since the second World War. Providing an important and original perspective for understanding both the development process and policies aimed at raising the standard of living in poorer nations, Perspectives on Trade and Development gathers sixteen of Anne O. Krueger's most important essays on international trade and development economics. Her essays discuss the relationships between trade strategies and development; the links between factor endowments, developing countries' policies, and trade strategies in terms of their growth; the role of economic policy in development; and the international economic environment in which development efforts are taking place. Her analyses are extended to trade and development policies generally, and account for a substantial part of the residue unexplained by past theories. This insightful contribution by an influential scholar will be essential reading for all scholars of trade and development.

International Trade, Investment, and the Sustainable Development Goals

Author : Cosimo Beverelli
Publisher : Cambridge University Press
Page : 345 pages
File Size : 23,27 MB
Release : 2020-10
Category : Business & Economics
ISBN : 1108840884

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A multi-disciplinary investigation of how economic globalization can help achieve the UN's 2030 Agenda, exploring trade-offs among the Goals.

World Development Report 2020

Author : World Bank
Publisher : World Bank Publications
Page : 511 pages
File Size : 17,74 MB
Release : 2019-11-19
Category : Business & Economics
ISBN : 1464814953

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Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.

Aid, Trade and Development

Author : Constantine Michalopoulos
Publisher : Springer
Page : 358 pages
File Size : 35,52 MB
Release : 2017-11-27
Category : Business & Economics
ISBN : 3319658611

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This enlightening book offers a comprehensive historical analysis of the main development challenges of the last half century and the international community’s response through aid and trade. Much has happened: the oil crises of the 1970s, the debt crises of the 1980s, the break-up of the Soviet Union in the 1990s, the Millennium Development Goals, the onslaught of Globalization and the rise of its opponents since the financial crisis of the 2000s. Through it all, development has spread and global poverty declined. The volume assesses the contributions and coherence of developing and developed country policies and the role played by global institutions entrusted with responsibilities to enhance trade and support development. The volume concludes with a focus on the prospects for the future and the changes needed to make globalization more equitable. With 50 years of professional experience in the World Bank, the WTO and bilateral aid agencies, Michalopoulos brings an insider’s perspective on the workings of these institutions and what needs to be done to make them more effective and responsive to changing global needs.

Trade, Development and Globalization

Author : Syed Javed Maswood
Publisher : Routledge
Page : 200 pages
File Size : 40,56 MB
Release : 2013-09-23
Category : Political Science
ISBN : 1135142238

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This book provides a longitudinal study of developing country involvement in multilateral trade negotiations. The trade regime established at the end of the Second World War did not cater for, and in some cases excluded, the developmental interests of the newly independent countries. This book offers a detailed analysis of: The first attempts to revise the trade regime in the 1960s through the United Nations Conference on Trade and Development and the formation of the Group of 77 to enhance their bargaining potential. The mixed coalition strategy, with the Cairns Group in the Uruguay Round of GATT. The new bargaining coalition, the Group of Twenty, that took on a much more confrontational and assertive bargaining position in the unsuccessful Doha round of the World Trade Organization. In part two, the author explores the possibility that economic globalization may finally deliver to developing countries what they had failed to achieve in five decades of multilateral negotiations - an opportunity to climb the industrialization ladder and achieve development. The book offers a proposal for revising the format of trade negotiations in a way that helps overcome stalemates and deadlocks. Trade, Development and Globalization will be of interest to students and scholars of international trade, trade and development, negotiation, global governance, political economy, international relations and economics.

The Trade-Development Nexus in the European Union

Author : Maurizio Carbone
Publisher : Routledge
Page : 143 pages
File Size : 30,25 MB
Release : 2016-03-22
Category : Political Science
ISBN : 1317596919

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This volume offers new perspectives on the evolution of the trade–development nexus in the European Union against dramatic changes in the international context. Without disregarding them, it seeks to go beyond the controversial and extensively researched Economic Partnership Agreements (EPAs). In particular, it focuses on the reform of the Generalised System of Preferences, the negotiation of various Preferential Trade Agreements, the application of trade sanctions, the allegedly ambitious agendas on decent work, Aid for Trade and aid untying, and the implications of the changing balance of power in global economic relations. Taking diverse approaches and, at times, reaching different conclusions, contributors directly or indirectly address one or more of the three general themes of the book: differentiation, coherence, and norms. This book was published as a special issue of Contemporary Politics.

Trade, Development, and Foreign Debt

Author : Michael Hudson
Publisher : Pluto Press (UK)
Page : 330 pages
File Size : 24,10 MB
Release : 1992
Category : Business & Economics
ISBN :

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This text presents an alternative history of the major theoretical concepts that have shaped international economics since its inception in the mercantilist epoch. Present anti-orthodox views on trade and development, far from being the preserve of a few marginal heretics of each generation, are revealed to have a long and honourable pedigree.

The Development Dimension

Author : James Bacchus
Publisher : Routledge
Page : 98 pages
File Size : 28,76 MB
Release : 2021-02-24
Category : Law
ISBN : 1000385981

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This book critically analyses the World Trade Organization’s approach to "special and differential treatment" (SDT) to argue that it is founded on seeking exemptions from WTO obligations, instead of creating an enabling environment for developing countries to integrate fully into the multilateral trading system. Through six key sections: United States Proposal on Special and Differential Treatment Responses to United States Proposal The Evolution of Differential Treatment Failure of the Current Approach to Differential Treatment Complications Created by China’s Emergence in the Global Economy An Alternative Approach to Differential Treatment this book explores how, by adopting a new evidence-based, case-by-case approach to SDT, the development of the poorest countries can best be advanced, while at the same time ensuring that advanced developing countries carry their weight in the organization. It will be of interest to scholars and students of international trade law and political science, as well as trade practitioners such as lawyers, diplomats, and analysts.