International Trade and Political Conflict

International Trade and Political Conflict
Author: Michael J. Hiscox
Publisher: Princeton University Press
Total Pages: 223
Release: 2020-06-30
Genre: Political Science
ISBN: 0691214867

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This book unveils a potent new approach to one of the oldest debates in political economy--that over whether class conflict or group competition is more prevalent in politics. It goes further than any study to date by outlining the conditions under which one type of political conflict is more likely than the other. Michael Hiscox focuses on a critical issue affecting support for and opposition to free trade--factor mobility, or the ability of those who own a factor of production (land, labor, or capital) to move it from one industry to another. He argues that the types of political coalitions that form in trade politics depend largely on the extent to which factors are mobile between industries. Class coalitions are more likely where factor mobility is high, Hiscox demonstrates, whereas narrow, industry-based coalitions predominate where it is low. The book also breaks new ground by backing up the theory it advances with systematic evidence from the history of trade politics in six nations over the last two centuries, using a combination of case studies and quantitative analysis. It makes fresh conclusions about the forces shaping trade policy outcomes--conclusions that yield surprising insights into the likely evolution of the global trading system and U.S. trade policy in particular. International Trade and Political Conflict is a major contribution to the scholarly literature while being accessible to anyone interested in understanding and predicting developments in trade policy.

The Political Economy of Trade Policy

The Political Economy of Trade Policy
Author: Robert C. Feenstra
Publisher: MIT Press
Total Pages: 334
Release: 1996
Genre: Business & Economics
ISBN: 9780262061865

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This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking contributions to the theory of international trade and commercial policy, including immiserizing growth, domestic distortions, economic development, and political economy. His success and influence as a teacher and mentor is widely recognized among students at both MIT and Columbia, and as founder of the Journal of International Economics, he has encouraged research on many questions of theoretical and policy relevance. The political economy of trade policy, Bhagwati's most recent area of interest, is the theme of this collection which addresses salient topics including market distortions, income distribution, and the political process of policy-making. Sections and Contributors Market Distortions, T. N. Srinivasan. Paul A. Samuelson. Paul R. Krugman * Trade and Income Distribution, Douglas A. Irwin. Richard A. Brecher and Ehsan U. Choudri. Robert C. Feenstra and Gordon H. Hanson. Earl L. Grinols * Perspectives on Political Economy, Robert E. Baldwin. Peter Diamond * Models of Political Economy and Trade, Gene M. Grossman and Elhana Helpman. John Douglas Wilson. B. Peter Rosendorff. Arvind Panagariya and Ronald Findlay

The Political Economy of Trade Conflicts

The Political Economy of Trade Conflicts
Author: Franz Waldenberger
Publisher: Springer Science & Business Media
Total Pages: 158
Release: 2012-12-06
Genre: Political Science
ISBN: 3642457401

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David Ricardo's law of comparative advantage and his finding that free trade increases the wealth of all participating nations is one of the very few economic laws which is accepted by almost all economists. But economic reason and economic policy do not always follow the same path. This especially applies to trade policies. A substantial and growing part of trade between Japan, Europe and the US does not follow the principles of free trade, but is more accurately managed trade. The management of international trade, international trade negotiations, and the political dynamics of trade conflicts create a complex reality which follows its own laws without regard to economic policy prescriptions. This political-economic reality was the subject of the conference 'The Political Economy of Trade Conflicts' organizedjoindy by the German Institute for Japanese Studies and the Friedrich-Ebert-Foundation together with the Institute of Modern Political Science and Economics of Waseda University in December 1993. We present the results of the conference in this reader. Three issues were of special importance: the US-Japanese conflict over the reduction of trade imbalances via quantitative import targets; the liberalization of trade in agricultural products, especially the opening of the Japanese rice market; and the trade tensions between the European Union, the US and Japan in high technology industries. The conference took place immediately before the conclusion of the Uruguay Round, and yet its subject continues to be of high political importance. In early 1994, the US-Japan conflict around quantitative import targets became more tense.

Commerce and Coalitions

Commerce and Coalitions
Author: Ronald Rogowski
Publisher: Princeton University Press
Total Pages: 228
Release: 1990-05-21
Genre: Business & Economics
ISBN: 0691023301

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Why do countries differ so greatly in their patterns of political cleavage and coalition? Extending some basic findings of economic theories of international trade, Ronald Rogowski suggests a startling new answer. Testing his hypothesis chiefly against the evidence of the last century and a half, but extending it also to the ancient world and the sixteenth century, he finds a surprising degree of confirmation and some intriguing exceptions.

The Political Economy of Iraq

The Political Economy of Iraq
Author: Gunter, Frank R.
Publisher: Edward Elgar Publishing
Total Pages: 360
Release: 2021-10-15
Genre: Business & Economics
ISBN: 1789906075

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The second edition of The Political Economy of Iraq is as comprehensive and accessible as the first with updated data and analysis. Frank R. Gunter discusses in detail how the convergence of the ISIS insurgency, collapse in oil prices, and massive youth unemployment produced a serious political crisis in 2020. This work ends with a discussion of key policy decisions that will determine Iraq’s future. This volume will be a valuable resource for anyone with a professional, business, or academic interest in the post-2003 political economy of Iraq.

The Political Economy of Trade Protection

The Political Economy of Trade Protection
Author: Anne O. Krueger
Publisher: University of Chicago Press
Total Pages: 126
Release: 2007-12-01
Genre: Business & Economics
ISBN: 0226455025

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This clear, concise summary of the in-depth analyses presented in The Political Economy of American Trade Policy examines the level, form, and evolution of American trade protection. In case studies of trade barriers imposed during the 1980s to help the steel, semiconductor, automobile, lumber, wheat, and textile and apparel industries, the contributors trace the evolution of efforts to obtain protection, protectionist measures, and their results. A chapter assessing the common themes that emerge from the studies concludes that the focus of current trade law is exclusively on the individual protection-seeking industries, with little regard for indirect effects on using industries or for consumers. Reform could usefully take these effects into account. This volume will interest policymakers, business executives, and anyone interested in trade policy formulation and practice.

Handbook of the International Political Economy of Trade

Handbook of the International Political Economy of Trade
Author: David Deese
Publisher: Edward Elgar Publishing
Total Pages: 649
Release: 2014-08-29
Genre: Business & Economics
ISBN: 1781954992

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This accessible, comprehensive and pertinent Handbook will be of interest to academics, researchers and students working in the fields of international politics, in particular political economy and foreign policy, and the economics of trade.¾ Practitio

The Political Economy of Trade Conflicts

The Political Economy of Trade Conflicts
Author: Franz Waldenberger
Publisher:
Total Pages: 168
Release: 1994-10-27
Genre:
ISBN: 9783642457418

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The papers of this volume were presented at an international conference on "The Political Economy of Trade Conflicts" in Tokyo in December 1993. The conference brought together practitioners with a long experience in trade negotiations, economists, and political scientists from Europe, Japan, and the US to exchange experiences, views, and arguments on various trade policy issues. The papers cover general aspects of EU trade policy, Japanese trade policy, EU-Japan and US-Japan relations; they address policy issues in specific conflict prone industries such as agriculture and high technology; they analyze the effects of antidumping policies in high technology industries and investigate the applicability of competition rules to international trade.

The Oxford Handbook of the Political Economy of International Trade

The Oxford Handbook of the Political Economy of International Trade
Author: Lisa L. Martin
Publisher: Oxford Handbooks
Total Pages: 577
Release: 2015
Genre: Business & Economics
ISBN: 0199981752

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The Oxford Handbook of the Political Economy of International Trade surveys the literature on the politics of international trade and highlights the most exciting recent scholarly developments. The Handbook is focused on work by political scientists that draws extensively on work in economics, but is distinctive in its applications and attention to political features; that is, it takes politics seriously. The Handbook's framework is organized in part along the traditional lines of domestic society-domestic institutions - international interaction, but elaborates this basic framework to showcase the most important new developments in our understanding of the political economy of trade. Within the field of international political economy, international trade has long been and continues to be one of the most vibrant areas of study. Drawing on models of economic interests and integrating them with political models of institutions and society, political scientists have made great strides in understanding the sources of trade policy preferences and outcomes. The 27 chapters in the Handbook include contributions from prominent scholars around the globe, and from multiple theoretical and methodological traditions. The Handbook considers the development of concepts and policies about international trade; the influence of individuals, firms, and societies; the role of domestic and international institutions; and the interaction of trade and other issues, such as monetary policy, environmental challenges, and human rights. Showcasing both established theories and findings and cutting-edge new research, the Handbook is a valuable reference for scholars of political economy.

Trade Wars are Class Wars

Trade Wars are Class Wars
Author: Matthew C. Klein
Publisher: Yale University Press
Total Pages: 292
Release: 2020-01-01
Genre: Business & Economics
ISBN: 0300244177

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"This is a very important book."--Martin Wolf, Financial TimesA provocative look at how today's trade conflicts are caused by governments promoting the interests of elites at the expense of workers Longlisted for the 2020 Financial Times & McKinsey Business Book of the Year Award "Worth reading for [the authors'] insights into the history of trade and finance."--George Melloan, Wall Street Journal Trade disputes are usually understood as conflicts between countries with competing national interests, but as Matthew C. Klein and Michael Pettis show, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees. Klein and Pettis trace the origins of today's trade wars to decisions made by politicians and business leaders in China, Europe, and the United States over the past thirty years. Across the world, the rich have prospered while workers can no longer afford to buy what they produce, have lost their jobs, or have been forced into higher levels of debt. In this thought-provoking challenge to mainstream views, the authors provide a cohesive narrative that shows how the class wars of rising inequality are a threat to the global economy and international peace--and what we can do about it.