Customs Union Issue (Revised)

ISBN-13: 9780199756124 / Angielski / Twarda / 2014 / 256 str.

Jacob Viner

Opis

Jacob Viner's The Customs Union Issue was originally published in 1950 by the Carnegie Endowment for International Peace. It set the framework for the contemporary debate over the benefits or otherwise of preferential trading agreements such as the European Union, NAFTA, and APEC. Viner developed the concepts of trade creation and diversion in this work as he pioneered the analysis of the global politics of trade agreements. This revival of Viner's classic work includes an introduction that places this book in the context of his own intellectual development and the economic and political situation of the post-WWII world. The introduction also traces the reception of Viner's work and discusses its continuing relevance for international economists, political scientists, and historians.

Recenzje

Jacob Viner's seminal work on customs unions drew attention to the key fact that preferential free trade agreements are different from, and generally inferior to, non-discriminatory free trade. While the issues we confront today over the downside of preferential trade agreements have shifted and multiplied, Viner's work remains as a warning that policymakers cannot afford to ignore.

O autorze

Jacob Viner (1892-1970) was an Economist and Professor at Unviersity of Chicago and Princeton University. He was one of the early members of the modern day Chicago School of Economics. Paul Oslington is Professor of Economics at Australian Catholic University.