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The Evolution of the Trade Regime

Politics, Law, and Economics of the GATT and the WTO

Timothy E. Josling, Richard H. Steinberg, John H. Barton, et al.

EPUB
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Princeton University Press img Link Publisher

Sachbuch / Geld, Bank, Börse

Beschreibung

The Evolution of the Trade Regime offers a comprehensive political-economic history of the development of the world's multilateral trade institutions, the General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO). While other books confine themselves to describing contemporary GATT/WTO legal rules or analyzing their economic logic, this is the first to explain the logic and development behind these rules.


The book begins by examining the institutions' rules, principles, practices, and norms from their genesis in the early postwar period to the present. It evaluates the extent to which changes in these institutional attributes have helped maintain or rebuild domestic constituencies for open markets.


The book considers these questions by looking at the political, legal, and economic foundations of the trade regime from many angles. The authors conclude that throughout most of GATT/WTO history, power politics fundamentally shaped the creation and evolution of the GATT/WTO system. Yet in recent years, many aspects of the trade regime have failed to keep pace with shifts in underlying material interests and ideas, and the challenges presented by expanding membership and preferential trade agreements.

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Schlagwörter

Balance of trade, Colonialism, Free trade, Subsidy, World economy, Multilateral Agreement on Investment, Regional integration, Trade agreement, Theory of International Politics, Trade regulation, Trade Act of 2002, Price fixing, Competition law, International trade, Strategic trade theory, Economic interdependence, Trade restriction, Import Substitution Industrialization, Price controls, Countervailing duties, World Trade Organization, General Agreement on Tariffs and Trade, Inward investment, Tariff-rate quota, Trade preference, Generalized System of Preferences, General Agreement on Trade in Services, Trade facilitation, International Trade Organization, New International Economic Order, Tariff, Export credit agency, Trade diversion, Export performance, Consumer movement, Intellectual property, Trade barrier, Economic union, Commercial policy, State trading enterprises, Protectionism, International commodity agreement, Organisation for Economic Co-operation and Development, Investment policy, Mercantilism, Algorithmic trading, International trade law, North American Free Trade Agreement, Liberalization, Globalization, Economic planning, Political Order in Changing Societies, Trade bloc, Trade and development, Economic power, Trade Adjustment Assistance, Trade war, Trade fair, Office of the United States Trade Representative, Alternative trading system, Multilateral trade negotiations, Agreement on Trade-Related Investment Measures, Economic liberalization, Trading nation, Appellate Body, Trade association, Export subsidy, Industrialisation, Market power, Export