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| Author | : Bumba Mukherjee |
| Publisher | : University of Chicago Press |
| Total Pages | : 324 |
| Release | : 2016-06-17 |
| Genre | : Political Science |
| ISBN | : 022635895X |
Download Democracy and Trade Policy in Developing Countries Book in PDF, ePub and Kindle
Since the 1970s, two major trends have emerged among developing countries: the rise of new democracies and the rush to free trade. For some, the confluence of these events suggests that a free-market economy complements a fledgling democracy. Others argue that the two are inherently incompatible and that exposure to economic globalization actually jeopardizes new democracies. Which view is correct? Bumba Mukherjee argues that the reality of how democracy and trade policy unravel in developing countries is more nuanced than either account. Mukherjee offers the first comprehensive cross-national framework for identifying the specific economic conditions that influence trade policy in developing countries. Laying out the causes of variation in trade policy in four developing or recently developed countries—Brazil, India, Indonesia, and South Africa—he argues persuasively that changing political interactions among parties, party leaders, and the labor market are often key to trade policy outcome. For instance, if workers are in a position to benefit from opening up to trade, party leaders in turn support trade reforms by decreasing tariffs and other trade barriers. At a time when discussions about the stability of new democracies are at the forefront, Democracy and Trade Policy in Developing Countries provides invaluable insight into the conditions needed for a democracy to survive in the developing world in the context of globalization.
| Author | : Kathryn Morton |
| Publisher | : Routledge |
| Total Pages | : 378 |
| Release | : 2012-06-25 |
| Genre | : Business & Economics |
| ISBN | : 1136877312 |
Download Trade and Developing Countries Book in PDF, ePub and Kindle
This reissue, initially published in 1977, is an introduction to contemporary trading positions and problems of developing countries. The authors examine the main export options of Third World countries and consider the roles of the key international organisations – GATT, UNCTAD, etc – and those of national governments and foreign investors. The authors complete their review with an examination of the way in which numbers of developing countries have tried to diversify their trade relations, particularly by creating Third World trading groups. Contemporary economic difficulties and their impact upon the Third World is also discussed, with the authors displaying a guarded optimism about real changes in world economic relations, citing factors such as the spread of trade among developing countries and the increase processing of raw materials as potential for the wider participation of developing countries in international trade.
| Author | : Amrita Narlikar |
| Publisher | : Taylor & Francis |
| Total Pages | : 264 |
| Release | : 2005 |
| Genre | : Business & Economics |
| ISBN | : 9780415375351 |
Download International Trade and Developing Countries Book in PDF, ePub and Kindle
This book analyzes the much-needed and vastly under-studied subject of bargaining coalitions of developing countries in the GATT and WTO. This is an extremely important contribution to the field.
| Author | : World Bank |
| Publisher | : World Bank Publications |
| Total Pages | : 511 |
| Release | : 2019-11-19 |
| Genre | : Business & Economics |
| ISBN | : 1464814953 |
Download World Development Report 2020 Book in PDF, ePub and Kindle
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.
| Author | : Chad P. Bown |
| Publisher | : Rowman & Littlefield |
| Total Pages | : 301 |
| Release | : 2010-02-01 |
| Genre | : Political Science |
| ISBN | : 0815704186 |
Download Self-Enforcing Trade Book in PDF, ePub and Kindle
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.
| Author | : I. M. D. Little |
| Publisher | : London ; New York : Published for the Development Centre of the Organization for Economic Co-operation and Development by Oxford U.P. |
| Total Pages | : 546 |
| Release | : 1970 |
| Genre | : Business & Economics |
| ISBN | : |
Download Industry and Trade in Some Developing Countries Book in PDF, ePub and Kindle
| Author | : Paul Brenton |
| Publisher | : World Bank Publications |
| Total Pages | : 217 |
| Release | : 2022-03-01 |
| Genre | : Business & Economics |
| ISBN | : 1464818223 |
Download Reshaping Global Value Chains in Light of COVID-19 Book in PDF, ePub and Kindle
Global value chains (GVCs) have driven dramatic expansions in trade, productivity, and economic growth in developing countries. This book examines the impact of the COVID-19 pandemic on GVCs and explores whether they can continue to be a driver of trade and development. The report reviews previous crises and what these tell us about the resilience of GVC firms to shocks. It examines the observed impact of COVID-19 on trade during the sharp global recession of 2020. It summarizes discussions with GVC firms on the impacts of, and their responses to, the COVID shock. GVCs showed surprising resilience, but the rapid recovery raised new issues with supply chains. The book then explores simulations from a global economic model of the potential longer-term impacts of COVID-19 on developing countries and other key factors shaping the global economy, including the evolving role of China, increasing trade restrictions and policy responses to global warming. The analysis shows that while there are risks associated with GVCs, especially those concentrated around key nodes and where opportunities to find alternative suppliers or buyers are limited, there are mechanisms by which GVCs maintain trade relationships during a crisis, paving the way for a strong trade-led recovery. Measures are identified that can enhance the resilience of GVCs in low-income countries. This report finds that policies that maintain and enhance trade can contribute toward crisis management and recovery. Attempts to reshore production would make all countries worse off, including those that implement them, and could drive 52 million people, mainly in Africa, into extreme poverty. Measures to meet climate change commitments will have more profound impacts, leading to a shift away from carbon-intensive GVCs, while new opportunities for trade will arise in GVCs that are less carbon intensive.
| Author | : Arvind Panagariya |
| Publisher | : Oxford University Press |
| Total Pages | : 352 |
| Release | : 2019-04-01 |
| Genre | : Business & Economics |
| ISBN | : 0190914505 |
Download Free Trade and Prosperity Book in PDF, ePub and Kindle
Arguments for protection and against free trade have seen a revival in developed countries such as the United States and Great Britain as well as developing countries such as India. Given the clear benefits trade openness has brought everywhere, this is a surprising development. The benefits of free trade are especially great for emerging market economies. FreeÂTrade and ProsperityÂoffers the first full-scale defense of pro-free-trade policies with developing countries at its center. Arvind Panagariya, a professor at Columbia University and former top economic advisor to the government of India, supplies a historically informed analysis of many longstanding but flawed arguments for protection. He starts with an insightful overview of the positive case for free trade, and then closely examines the various contentions of protectionists. One protectionist argument is that "infant" industries need time to grow and become competitive, and thus should be sheltered. Other arguments are that emerging markets are especially prone to coordination failures, they are in need of diversification of their production structures, and they suffer from market imperfections. The panoply of protectionist arguments, including those for import substitution industrialization, fails when subject to close logical and empirical scrutiny. Free trade and outward-oriented policies are preconditions to both sustained rapid growth and poverty alleviation in developing countries. Panagariya provides compelling evidence demonstrating the failures of protectionism and the promise of free trade using detailed case studies of successful countries such as Singapore, Taiwan, South Korea, China and India. Low or declining barriers to free trade and high or rising shares of trade in total income have been key elements in the sustained rapid growth and poverty alleviation in these countries and many others. Free trade is like oxygen: the benefits are ubiquitous and not noticed until they are no longer there. This important book is an essential reminder of the costs of protectionism.
| Author | : Ramesh Adhikari |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 229 |
| Release | : 2002-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1781009589 |
Download Developing Countries in the World Trading System Book in PDF, ePub and Kindle
Experience suggests that trade liberalization has contributed substantially to the remarkable growth of industrialized countries. However, for various reasons many developing countries have not yet been able to integrate successfully into global markets and reap the growth-inducing and poverty-reducing benefits of trade. This book argues that while developing countries are heavily represented in the WTO - accounting for about four-fifths of its membership - there is still plenty of scope for the world trading system to work more effectively in their interests.
| Author | : Paul Brenton |
| Publisher | : World Bank Publications |
| Total Pages | : 179 |
| Release | : 2021-10-22 |
| Genre | : Political Science |
| ISBN | : 1464817731 |
Download The Trade and Climate Change Nexus Book in PDF, ePub and Kindle
While trade exacerbates climate change, it is also a central part of the solution because it has the potential to enhance mitigation and adaptation. This timely report explores the different ways in which trade and climate change intersect. Trade contributes to the emissions that cause global warming and is itself also affected by climate change through changing comparative advantages. The report also confronts several myths concerning trade and climate change. The Trade and Climate Change Nexus: The Urgency and Opportunities for Developing Countries focuses on the impacts of, and adjustments to, climate change in developing countries and on how future trade opportunities will be affected by both the changing climate and the policy responses to address it. The report discusses how trade can provide the goods and services that drive mitigation and adaptation. It also addresses how climate change creates immense challenges for developing countries, but also new opportunities to promote trade diversification in the transition to a low-carbon world. Suitable trade and environmental policies can offer effective economic incentives to attain both sustainable growth and poverty reduction.
