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Free Trade Under Fire

2020-04-14 Business & Economics
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Release : 2020-04-14
Genre : Business & Economics
Kind : eBook
Book Rating : 005/5 ( reviews)

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Book Synopsis Free Trade Under Fire by : Douglas A. Irwin

Download or read book Free Trade Under Fire written by Douglas A. Irwin. This book was released on 2020-04-14. Available in PDF, EPUB and Kindle. Book excerpt: An updated look at global trade and why it remains as controversial as ever Free trade is always under attack, more than ever in recent years. The imposition of numerous U.S. tariffs in 2018, and the retaliation those tariffs have drawn, has thrust trade issues to the top of the policy agenda. Critics contend that free trade brings economic pain, including plant closings and worker layoffs, and that trade agreements serve corporate interests, undercut domestic environmental regulations, and erode national sovereignty. Why are global trade and agreements such as the Trans-Pacific Partnership so controversial? Does free trade deserve its bad reputation? In Free Trade under Fire, Douglas Irwin sweeps aside the misconceptions that run rampant in the debate over trade and gives readers a clear understanding of the issues involved. In its fifth edition, the book has been updated to address the sweeping new policy developments under the Trump administration and the latest research on the impact of trade.

Free Trade Today

2021-06-08 Business & Economics
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Release : 2021-06-08
Genre : Business & Economics
Kind : eBook
Book Rating : 346/5 ( reviews)

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Book Synopsis Free Trade Today by : Jagdish N. Bhagwati

Download or read book Free Trade Today written by Jagdish N. Bhagwati. This book was released on 2021-06-08. Available in PDF, EPUB and Kindle. Book excerpt: Free trade, indeed economic globalization generally, is under siege. The conventional arguments for protectionism have been discredited but not banished. And free trade faces strong new challenges from a variety of groups, including environmentalists and human rights activists as well as traditional lobbies who wrap their agendas in the language of justice and rights. These groups, claiming a general interest and denouncing free trade as a special interest of corporations and other capitalist forces, have organized large and vocal protests in Seattle, Prague, and elsewhere. Based on his acclaimed Stockholm lectures and picking up where his widely influential Protectionism left off, Jagdish Bhagwati applies critical insights from revolutionary developments in commercial policy theory--many his own--to show how the pursuit of social and environmental agendas can be creatively reconciled with the pursuit of free trade. Indeed, he argues that free trade, by raising living standards, can serve these agendas far better than can a descent into trade sanctions and restrictions. After settling the score in favor of free trade, Professor Bhagwati considers alternative ways in which it can be pursued. Chiefly, he argues in support of multilateralism and advances a withering critique of recent bilateral and regional free trade agreements (including NAFTA) as preferential arrangements that introduce growing chaos into the world trading system. He also makes a strong case for "going it alone" on the road to trade liberalization and endorses the reemergence of unilateral liberalization at points around the globe. Forcefully, elegantly, and clearly written for the public by one of the foremost economic thinkers of our day, this volume is not merely accessible but essential reading for anyone interested in economic policy or in the world economy.

Free Trade and Prosperity

2019-04-01 Business & Economics
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Release : 2019-04-01
Genre : Business & Economics
Kind : eBook
Book Rating : 505/5 ( reviews)

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Book Synopsis Free Trade and Prosperity by : Arvind Panagariya

Download or read book Free Trade and Prosperity written by Arvind Panagariya. This book was released on 2019-04-01. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Case Against "free Trade"

1993 Business & Economics
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Release : 1993
Genre : Business & Economics
Kind : eBook
Book Rating : 692/5 ( reviews)

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Book Synopsis The Case Against "free Trade" by : Ralph Nader

Download or read book The Case Against "free Trade" written by Ralph Nader. This book was released on 1993. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the notion of "free trade" and the issues raised by adopting the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA). Essays by Ralph Nader, Jerry Brown, William Greider, Margaret Atwood, Mark Ritchie, Wendell Berry, Pat Choate, and others.

The Selling of Free Trade

2001-10-16 Business & Economics
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Release : 2001-10-16
Genre : Business & Economics
Kind : eBook
Book Rating : 788/5 ( reviews)

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Book Synopsis The Selling of Free Trade by : John R. MacArthur

Download or read book The Selling of Free Trade written by John R. MacArthur. This book was released on 2001-10-16. Available in PDF, EPUB and Kindle. Book excerpt: From the publisher. The Selling of "Free Trade" shows how Washington works to accomplish political or economic goals, even when confronted with widespread popular opposition. MacArthur chronicles the brutal and expensive campaign in 1993 that led to passage of the poorly understood, highly controversial law creating the North American Free Trade Agreement (NAFTA).

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