Since the first edition of The World Trading System was published in 1989, the Uruguay Round of trade negotiations has been completed, and most governments have ratified and are in the process of implementing the General Agreement on Tariffs and Trade (GATT). In the Uruguay Round, more than 120 nations negotiated for over eight years, to produce a document of some 26,000 pages. This new edition of The World Trading System takes account of these and other developments. Like the first edition, however, its treatment of topical issues is grounded in the fundamental legal, constitutional, institutional, and political realities that mold trade policy. Thus the book continues to serve as an introduction to the study of trade law and policy. Two basic premises of The World Trading System are that economic concerns are central to foreign affairs, and that national economies are growing more interdependent. The author presents the economic principles of international trade policy and then examines how they operate under real- world constraints. In particular, he examines the extremely elaborate system of rules that governs international economic relations. Until now, the bulk of international trade policy has addressed trade in goods; issues inadequately addressed by policy include trade in services, intellectual property rights, certain investment measures, and agriculture. The author highlights the tension between legal rules, designed to create predictability and stability, and the governments need to make exceptions to solve short-term problems. He also looks at weaknesses of international trade policy, especially as it applies to developing countries and economies in transition. He concludes with a look at issues that will shape international trade policy well into the twenty-first century.
The last decade of the twentieth century and the first decade of the twenty-first century has been one of the most challenging periods for the generally accepted assumptions of international law. This book, first published in 2006, grapples with these long-held assumptions (such as the consent basis of international law norms, equality of nations, restrictive or text-based treaty interpretations and applications, the monopoly of internal national power, and non-interference), and how they are being fundamentally altered by the forces of globalization. It also examines the challenges facing the WTO as a component of international economic law, and how that field is inextricably linked to general international law.
The theoretical arguments for environmental taxes and other types of economic instruments for environmental protection have been discussed extensively in the literature. Rather less well discussed has been the extremely complex form that such instruments have in fact taken in practice. Environmental Taxation Law: Policy, Contexts and Practice examines the legal implications of introducing environmental taxes and other economic instruments into the regulatory framework of UK law. In doing so, it analyzes and explains the difficulties of grafting environmental taxes onto the complexities of existing regulatory structures, not all of which, of course, were originally devised with environmental considerations in mind. Although the focus of the book is the UK's pioneering implementation of a web of distinct yet interrelated policy measures, it locates the UK's taxes and instruments not simply in their broader context of market and environmental regulation, but also in the contexts of European and international law.
This is a report about developing country participation both in the current Uruguay round and beyond, arguing that over the post war years a climate of mistrust has evolved between developed and developing countries over trade issues.
Blending scientific and legal expertise, Kunich proves that a devastating ecological crisis is imminent or even underway already, and that conservation law has yet to catch up with biological science. He challenges readers with a hotspots wager, arguing that he have vastly more to gain than lose by legally protecting biological hotspots, and that foregoing them in favor of the relatively minor and immediate returns arising from their devastation is both foolish and, ultimately, dangerous. Legal thought lags behind modern science in focusing on and setting priorities for global conservation. An extinction spasm is imminent, many scientists argue, due to the ongoing global devastation of biological hotspots, home to a disproportionate share of all life forms, including perhaps millions of unknown species. These hotspots have already lost 88 percent of their primary vegetation and are likely to lose much more, yet few legal measures exist to protect them. Environmental legal protections are often incomprehensive and feebly enforced. Even worse, 62 percent of all hotspots are unprotected. Kunich provides a brief history and science of extinction. He discusses the importance of saving species from extinction and analyzes the legal measures directed toward preserving biodiversity in nations that harbor hotspots.
This volume is about the political economy of Deng Xiaoping's Nanxun (tour of South China), which was the most critical phase in China's reform and development since 1978. The first round of Deng's reform resulted in high growth through the 1980s. However, it created a messy half-reformed economy with many problems, including the Tiananmen incident. The immediate aftermath of the Tiananmen was collapse of economic growth and reform deadlock. To break out from this low-level “reform-growth trap”, Deng decided to launch the Nanxun, not just to reignite the reform but also to complete China's march towards a market economy. Looking back, the Nanxun led to the most crucial reform breakthrough, which, in turn, sparked off a dynamic reform-growth-nexus for China's eventual economic take-off.The chapters in this volume were originally “policy reports” on China, meant for the Singapore government. These reports were written based on the information available at that time, and reflected the prevailing political mood.Each chapter is accompanied by a detailed introduction that is aimed at providing a broad background for readers to better understand the Nanxun period. The introduction also serves as a post-evaluation of the events based on new information, and shows how those events have evolved over the years. In combination, these chapters should piece together a reasonably realistic picture of the basic politics and economics of the crucial Nanxun period.
This book offers a new perspective in examining the key global economic organizations - the International Monetary Fund, the World Bank (and its regional counterparts), and the World Trade Organization. Aimed at ordinary informed readers, the text draws upon the author's many years of familiarity with these organizations to evaluate them from a legal and policy perspective, touching on issues of "mission creep," "democracy deficit," and more. The book depicts such issues as the central struggles in a "Global Development War" that is now being lost because of certain ideological and institutional failings that currently afflict the global institutions. That war can be won, the author asserts, only by adopting an ideology of liberal, intelligent, participatory, multilateral, and sustainable human development.
This bestselling introductory textbook provides a truly comprehensive and approachable guide to international affairs. Bringing together decades of combined experience in researching and teaching global politics from three acclaimed scholars, this book introduces you to the key concepts in international relations while equipping you with the tools to successfully analyse the rapidly changing world in which we live. Carefully and pedagogically structured, the book is driven by nuanced enduring questions to support active engagement with the subject matter. It covers everything from war and its causes to the pursuit of peace, the role of non-state actors on the world stage and transnational concerns such as climate change. Thought-provoking boxed features throughout highlight disparities between theory and practice, provide overviews of key research and make use of the influential levels-of-analysis framework. This third edition is completely updated throughout, including extensive coverage of the latest advances in international relations scholarship and supported by a wealth of contemporary case examples. The text is supported by a rich companion website with study guides, instructor resources and interactive exercises to allow you to consider complicated political decisions for yourself. Introduction to International Relations is the ultimate companion for undergraduate students of politics and international relations in need of an exciting and rigorous introduction to the subject.
This book offers a skilled arms-length evaluation, from a legal perspective, of the main criticisms that have been leveled recently at the key global economic organizations – that is, the International Monetary Fund (IMF), the World Bank and its fellow multilateral developmental banks (MDBs), and the World Trade Organization (WTO). THE FUTURE OF THE GLOBAL ECONOMIC ORGANIZATIONS stands out from most of the growing body of literature on the IMF, MDBS, and the WTO in two main respects: the book’s scope and the author’s experience. Whereas numerous commentators have focused on particular strengths and weaknesses of one or the other of the GEOs, and have argued for changes on the basis of specific areas of operation, this book takes a wider view to examine all the GEOs at once. This broader scope reveals commonalities in the criticisms. For example, complaints about so-called “democracy deficit” obviously can be applied to all GEOs but with different nuances in emphasis and sting. Against the background of his own experience as a legal counsel for one of the regional MDBs and for the IMF and a legal career that has focused on international economic law, Head distills the swarm of complaints leveled at the IMF, MDBS, and the WTO into 25 specific criticisms and then offers succinct explanations of why some of those criticisms should be dismissed, why some of them are valid, and how those valid criticisms should form the basis for an important restructuring of the institutions, including amendments to the charters that establish and govern their operations. Head speaks largely to three audiences here: persons in various professional positions; persons in national governments and politics around the world who are responsible for implementing their government’s foreign policy; and to more general curious readers on whose involvement in civic life any society ultimately depends. Published under the Transnational Publishers imprint.
A collection of articles covering the economic history of the US over the last 50 years. It is selective in its coverage of important issues not often treated historically, such as the economics of medical care and the educational system.
There is only one reason why writing a book on this subject matter is relevant to our times. And it is due to the fact that African nations, like most developing countries, need a new approach to issues relating to the challenge of creating sustained economic development. Compensatory Trade Strategy represents a multiple options plan for establishing and implementing trade arrangements in developing countries, particularly in times of hard currency shortage. Author John Akhile brings twenty-five years of experience on the conduct and finance of international trade, specifically on sub-Saharan Africa, and offers a new look at this global crisis. With his comprehensive approach, Akhile creates a basic plan for those interested in compensatory trade. For developing countries, Akhile presents strategies for creating new industrial development projects and for arranging trade transactions for critical supplies. For companies who are seeking to continue and even expand existing opportunities, Compensatory Trade Strategy is a road map for achieving both objectives.
Tracing the history and evolution of the Uruguay Round, this book seeks to explain how it came about, why it covered the subjects it did, what the participants sought, & the twists, turns, setbacks & successes in each sector of the negotiations.
? The Hon. Michael Kirby AC CMG This splendid book performs the heroic task of introducing readers to the large canvas of the commercial law of the European Union (EU). The EU began as an economic community of six nations but has grown into 27 member states, sharing a signi?cant political, social and legal cohesion and serving almost 500 million citizens. It generates approximately 30% of the nominal gross world product. The EU is a remarkable achievement of trans-national co-operation, given the history (including recent history) of national, racial, ethnic and religious hatred and con?ict preceding its creation. Although, as the book recounts, the institutions of the EU grew directly out of those of the European Economic Community, created in 1957 [1.20], the genesis of the EU can be traced to the sufferings of the Second World War and to the disclosure of the barbarous atrocities of the Holocaust. Out of the chaos and ruins of historical enmities and the shattered cities and peoples that survived those terrible events, arose an astonishing pan- European Movement.
This book develops a constitutional theory of international organization to explain the legitimation of supranational organizations. Supranational organizations play a key role in contemporary global governance, but recent events like Brexit and the threat by South Africa to withdraw from the International Criminal Court suggest that their legitimacy continues to generate contentious debates in many countries. Rethinking international organization as a constitutional problem, Oates argues that it is the representation of the constituent power of a constitutional order, that is, the collective subject in whose name authority is wielded, which explains the legitimation of supranational authority. Comparing the cases of the European Union, the World Trade Organization, and the International Criminal Court, Oates shows that the constitution of supranationalism is far from a functional response to the pressures of interdependence but a value-laden struggle to define the proper subject of global governance. The book will be of interest to students and scholars of international organization and those working in the broader fields of global governance and general International Relations theory. It should also be of interest to international legal scholars, particularly those focused on questions related to global constitutionalism.
In Canada, the audio-visual and print industries are referred to as the cultural industries, whereas the United States calls them the entertainment industries. These language distinctions are accompanied by different domestic policies and political discourses. The United States has relatively open policies toward these activities, while Canada has adopted an inward-looking approach. Failure to integrate cultural industries into NAFTA and WTO has led to trade disputes between Canada and the United States over copyrights, television licensing, violence in media, and discriminatory magazine policy, indicating the need for an agreed-upon process for settling cultural trade disputes. Much Ado about Culture explores the differing sets of policies--cultural nationalism versus the open option--and the resulting conflicts in the context of technological developments as well as international agreements dealing with trade, investment, copyright, and labor movements. The Canadian cultural industries are examined, from film and television production and distribution to broadcasting, publishing, and sound recording. Several areas of recent conflict, such as Sports Illustrated, Country Music Television, and Borders Books, highlight the types of policies disputed, the process followed, and the conclusions reached. Finally, the authors propose an alternative approach to constraining national cultural policies by international agreement that would allow the gains from openness to be realized while serving legitimate cultural concerns. Authored by the acknowledged experts on trade disputes in the cultural arena, this book will be essential reading for international economists, policymakers, and lawyers interested in the cultural industries. Keith Acheson and Christopher Maule are Professors of Economics, Carleton University, Ontario.
What was the “battle in Seattle” over trade all about? You may know...but do your students? With John Rothgeb's concise text U.S. Trade Policy: Balancing Economic Dreams and Political Realities, your students will learn about international trade, the political tensions it rouses, and its historical roots. Rothgeb carefully traces the forces that affect U.S. trade policy's development and implementation, including: * the strategic and competitive international arena * policymakers' views on the value of trade * the influence of special interest groups * the impact of institutional rivalries Supplement your foreign and economic policy course with a balanced discussion of the enormous changes spurred by the Reciprocal Trade Agreements Act, the Bretton Woods system, and the GATT, to the controversy surrounding current trade relations withteh European Union and China.
Drawing on US and international sources Ray traces the development of international rules governing the use of official export credits and makes specific proposals for reducing their cost through enhanced international cooperation. Ray also includes basic documents dealing with export credits and aid-credit competition; these will provide an invaluable reference library for those concerned with export credit policy.
The first book ever to integrate business ethics with financial economics, Finance Ethics shows how ethical behavior fits within the rational, profit-maximizing, finance paradigm. Dobson argues that even in economic terms the finance paradigm has a serious flaw: it views the firm and financial markets in general as contractual nexuses yet it fails to supply any adequate mechanisms for enforcing those contractual relations. Finance Ethics is therefore not just a moral critique of the finance paradigm, arguing that self-interested profit making must be constrained by ethics. Rather, it is a critique from within that paradigm, in which truth becomes a rational mechanism to enforce contracts, and virtuous behavior is shown to make the most business sense.
This book is based upon the author’s study, and thesis submitted at Thomas Jefferson School of law. The intent of the study or research was to test or verify the author’s hypothesis, thus “unstable currencies equals an unstable country” by understudying currencies in top ten countries and bottom ten countries ranked in the 2016 World Prosperity Index and Fragile States Index 2016; to determine whether there is a co-relationship between stable or unstable currencies and a country’s prosperity or failure/ misery. ‘The Value of Offshore Banking to the Global Financial System’; ‘Inflation Targeting, why the value of money matters to you’, and ‘Exchange Traded Funds’ are the author’s previous books. Thanks for your patronage.
EC Customs Law is an important new study which places the law relating to customs duty in its broader international and EC context. It is a key resource for those already familiar to the area, whether as practitioners, government or Community officials, or graduate students, as well as anaccessible introduction for readers who are coming to the subject for the first time. It aims, in particular, to highlight the role of the European Court of Justice in customs matters.After looking at the fundamental concepts of the customs union and the Community Customs Code and implementing regulations, the author moves on to consider the administration and interpretation of the Tariff, paying special attention to the decisions of the ECJ. Then the various internationalagreements and arrangements between the EC and third countries are considered, and their significance for traders, and the importance of international law generally, is emphasized.The book also deals with the important matters of the origin of goods and their valuation, customs entry and declarations, customs procedures, inward and outward processing, and approved uses and treatments. Chapters follow on the customs debt and reliefs from duty, repayment and remission of duty,and customs appeal. The book concludes with a short overview of some of the issues which are being addressed by the Commission and customs administration in deepening the customs union, and it looks, briefly, at some of the matters which traders must bear in mind in planning theiractivities.
For nearly thirty-five years, the international legal community has relied on one ambitious yet humble volume as a starting point for legal questions. This classic red volume is a one-of-a-kind reference tool that brings together both terminology and pertinent descriptive information on international law. This book will also be available online as an e-reference on the Oxford University Press Digital Reference Shelf. Now in its third edition, The Parry and Grant Encyclopaedic Dictionary of International Law is completely updated and expanded to include increased coverage in growing areas of international law including diplomatic law, criminal law, human rights, and more. Over 2,500 entries (over a 20% increase in content from the previous edition) provides the reader with copious references for further research including cases, treaties, journal articles, and websites. Its alphabetically arranged entries allow the reader to form a deeper understanding than a mere definition could supply and offer concise but substantial information on such essentials of international law as: Legal terms as used in international law Significant doctrines Prominent cases, decisions and arbitration Important incidents Judicial and literary figures Treaties and conventions Organizations and institutions Acronyms
Three international leaders in public procurement law fully explain how the procurement award process must be managed to achieve its goals in global market economy.
FUNDAMENTALS OF INTERNET OF THINGS Fundamentals of Internet of Things: For Students and Professionals teaches the principles of IoT systems. It employs a systematic approach to explain IoT architecture models and their layers. The textbook is arranged based on various layers of an architecture model. For readers who are unfamiliar with the concept of data communication and networks, the first chapter of this book covers the fundamentals of data communication and networks. It can also be used as review material for those who are already familiar with the concept. The book begins with many examples of IoT use cases to show readers how IoT can be applied to various IoT verticals. The concept of smart sensors is then described, as well as their applications in the IoT ecosystem. Because internet connectivity is an essential part of any IoT system, the book explores wired and wireless connectivity schemes including cellular IoT in the 4G and 5G eras. IoT protocols, analytics, as well as IoT security and privacy are important topics that are explained in this book with simple explanations. The last chapter of this book is dedicated to IoT solution development. IoT is one of the most rapidly evolving technologies today, and there is no better guide to this rapidly expanding sector than Fundamentals of Internet of Things (IoT) for Students and Professionals. Features: Simple explanations of complex concepts More than 300 exercise problems and advanced exercise questions Provided solutions for the exercise problems 10 practical IoT projects
This latest edition improves and builds upon the features of previous editions. With impressive pedagogy, learning objectives and summaries, this clearly written book will be another winner with students of international economics and business.
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