by Quinn Slobodian · 16 Mar 2018 · 451pp · 142,662 words
the world economy as a whole loses.”125 “The question about an alternative to discriminatory integration policy is easy to answer. The alternative is: overall trade liberalization [as advocated by GATT].”126 Even against Haberler’s precise intentions, his report launched a new era at the GATT. As a follow-up to
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“spill-back mechanisms.” Petersmann, “Die Dritte Welt und das Wirtschaftsvölkerrecht,” 513. 173. Petersmann, “Völkerrecht und Entwicklung,” 161. 174. Richard Blackhurst, Nicolas Marian, and Jan Tumlir, Trade Liberalization, Protectionism, and Interdependence (Geneva: GATT, 1977), 5. 175. Tumlir, “National Sovereignty, Power and Interest,” 21. 176. Jan Tumlir, “How the West Can Pay the New
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. Richard Blackhurst, Nicolas Marian, and Jan Tumlir, Adjustment, Trade and Growth in Developed and Developing Countries (Geneva: GATT, 1978), 1. 184. Blackhurst, Marian, and Tumlir, Trade Liberalization, Protectionism, and Interdependence, 49. 185. Tumlir, “International Economic Order and Democratic Constitutionalism,” 72. 186. Ibid., 80. 187. Tumlir, “Need for an Open Multilateral Trading System
by David Goodhart · 7 Jan 2017 · 382pp · 100,127 words
been very different to the first Bretton Woods/GATT regime which governed the world economy from the 1950s to the 1970s. In the first phase trade liberalisation remained limited to manufactured goods, mainly between industrialised nations. Tariffs fell sharply and trade and investment flows grew rapidly. But capital controls remained in place
by Jason Hickel · 3 May 2017 · 332pp · 106,197 words
against, for it interferes with the ‘natural’ order of things. * Based on the theory of comparative advantage, free-trade advocates lead us to believe that trade liberalisation will ultimately boost economic development in poor countries. But while it may be true that free trade increases efficiency in some abstract, mathematical sense, and
by Joe Studwell · 1 Jul 2013 · 868pp · 147,152 words
. Among them, policies of particular interest for this book will be the use of market interest rates, freely determined exchange rates (inferring no capital controls), trade liberalisation, openness to foreign investment, privatisation of state enterprises, and deregulation. 4. Chalmers Johnson is quoted from MITI and the Japanese Miracle: The Growth of Industrial
by Martin Sandbu · 15 Jun 2020 · 322pp · 84,580 words
insurance before reopening it. He launched large public works programmes. He radically tightened the regulation of Wall Street and introduced a minimum wage. Social security, trade liberalisation, and housing policy reform followed soon after. Even today, any one of those measures would be radical. To adopt all of them together, in a
by Ndongo Sylla · 21 Jan 2014 · 193pp · 63,618 words
inéquitable: le roman noir des matières premières [Unfair Trade: The Dark Story of Raw Materials] (Paris: Hachette littératures). Bouët, Antoine (2008) ‘The Expected Benefits of Trade Liberalization for World Income and Development. Opening the “Black Box” of Global Trade Modelling’, Food Policy Review 8 (Washington, DC: International Food Policy Research Institute). Bowes
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Trade: Reform and Realities in the International Trading System (London: Zed Books). Bureau, Jean-Christophe, Jean, Sebastian and Matthews, Alan (2006) ‘The Consequences of Agricultural Trade Liberalization for Developing Countries: Distinguishing Between Genuine Benefits and False Hopes’, World Trade Review 5(2): 225–49. Chang, Ha-Joon (2002) Kicking Away the Ladder
by Meghnad Desai and Yahia Said · 12 Nov 2003
currency depreciations generally more than compensated for the declining export prices due to global price deflation of both primary and manufactured commodities associated with international trade liberalisation. The Malaysian ringgit was fixed to the US dollar from early September 1998 in an effort originally intended to strengthen its value. Fortuitously, lower US
by George Magnus · 10 Sep 2018 · 371pp · 98,534 words
almost two years. While a welcome development, the global trade environment remains fraught with risk, and the outlook to 2020 and beyond is sober. Global trade liberalisation has been dormant for some time. The Doha round, the last truly global attempt to liberalise world trade, died in 2015, fourteen years after it
by Diane Coyle · 11 Oct 2021 · 305pp · 75,697 words
organising the economy, still often advocate market solutions (such as carbon trading or school vouchers) for policy problems, remain convinced about the broad merits of trade liberalisation, and so on. Such instincts are generally justified by evidence based on specific applied research. If the evidence suggests an active government role, economists will
by Guy Standing · 13 Jul 2016 · 443pp · 98,113 words
Agreement on Tariffs and Trade), which later became the World Trade Organization (WTO). GATT was a midwife of globalisation, orchestrating a series of ‘rounds’ of trade liberalisation that culminated in the wide-ranging accords of the Uruguay Round and the creation of the WTO in 1995. For a few years, the WTO
by Michael Kenny and Nick Pearce · 5 Jun 2018 · 215pp · 64,460 words
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