An examination of the performance of U.S. manufacturing in historical and global perspective indicates that, contrary to recent fears, international trade competition has not induced the deindustrialization of America. During the 1970s the U.S. manufacturing sector fared relatively well compared to its counterparts in other industrual countries and its own post-war track record. Most of its problems in the early 1980s are linked to domestic recession and the strong U.S. dollar. A number of implicit assumptions in the current discussion about U.S. industrial performance are shown in this book...
An examination of the performance of U.S. manufacturing in historical and global perspective indicates that, contrary to recent fears, international t...
The world trading envionment changed dramatically in the 1980s. America's trade balance declined sharply, while Japan, Germany, and the newly industrialized countries of Asia built up large, continuing surpluses. Such developments led many people to question whether the traditional postwar strategy of reliance on multilateral free trade agreements is still the best course for the United States, or even a viable one.
The challenges to the multilateral system are both practical and theoretical. Various nations are already forming "free trade" blocs-- notably the Europe 1992 and the...
The world trading envionment changed dramatically in the 1980s. America's trade balance declined sharply, while Japan, Germany, and the newly indus...
In this capstone volume in the INE series, the authors review the growing pressure for deeper international integration, explore the strengths and weaknesses of alternative approaches to dealing with these pressures, and present concrete proposals to help achieve a global community that will balance
In this capstone volume in the INE series, the authors review the growing pressure for deeper international integration, explore the strengths and wea...
The world economy has undergone miraculous changes in the last decade, particularly in developing and former communist countries. Privatization and trade liberalization have replaced the protectionist and statist policies that were deeply entrenched in these areas just ten years ago. Today, these dynamic emerging markets offer attractive opportunities. According to Robert Lawrence, liberal international trade and investment should provide significant opportunities for gains in developing and developed nations alike.
But will the developed countries be allowed to keep their markets open...
The world economy has undergone miraculous changes in the last decade, particularly in developing and former communist countries. Privatization and...
This study features six essays which review the available literature on the effects of NAFTA on growth, employment, income distribution, specific industries, and agriculture in the three countries, as well as the implications for the world trading system and non-NAFTA countries.
This study features six essays which review the available literature on the effects of NAFTA on growth, employment, income distribution, specific indu...
The unprecedented shifts in the US dollar's exchange rate that started during the late 1970s and continued through the 1980s provides an opportunity to explore how the global economy works and the role that multinational enterprises (MNEs) play in the phenomenon of globalization. In this volume, Subramanian Rangan and Robert Z. Lawrence examine the international pricing, sourcing, and trade responses of MNEs to shifts in the dollar. Based upon the micro patterns they observe in MNE behaviour, the authors suggest explanations for some puzzling macro patterns evident in the international...
The unprecedented shifts in the US dollar's exchange rate that started during the late 1970s and continued through the 1980s provides an opportunity t...
Lawrence addresses the critics of the dispute settlement mechanismboth those who think it should be tougher on countries that violate trade rules and those who think it is already so tough as to violate sovereignty. He points out the successes of the WTO since its creation in 1995 and argues that radical changes to the system are ill-advised. Lawrence nonetheless suggests several areas for reform, from steps that require multilateral negotiations, such as improving opportunities for nonstate actor participation in and enhancing transparency of the process, to changes the United States could...
Lawrence addresses the critics of the dispute settlement mechanismboth those who think it should be tougher on countries that violate trade rules and ...
One of the unique aspects of the WTO as an international organization is that it authorizes members to retaliate against violations by raising tariffs. These authorizations have become increasingly common and increasingly controversial. In this analysis of the retaliation system, Robert Lawrence considers the guiding principles that govern responses to WTO violations, examines how these principles are implemented in practice, and considers options for reform.
One of the unique aspects of the WTO as an international organization is that it authorizes members to retaliate against violations by raising tariffs...
Trade policy has moved from the wings onto center stage. Between 1992 and 2000, US exports rose by 55 percent. By the year 2000, trade summed to 26 percent of US GDP, and the United States imported almost two-thirds of its oil and was the world's largest host country for foreign investors. America's interest in a more open and prosperous foreign market is now squarely economic. This volume presents cases on five important trade negotiations, all focused on "making the rules," or the process of establishing how the trade system would operate. The cases not only explore the changing substance...
Trade policy has moved from the wings onto center stage. Between 1992 and 2000, US exports rose by 55 percent. By the year 2000, trade summed to 26 pe...
Between 1992 and 2000, US exports rose by 55 percent. By the year 2000, trade summed to 26 percent of US GDP, and the United States imported almost two-thirds of its oil and was the world's largest host country for foreign investors. America's interest in a more open and prosperous foreign market is now squarely economic. These case studies in multilateral trade policymaking and dispute settlement explore the changing substance of trade agreements and also delve into the negotiation process--the who, how, and why of decision making. These books present a coherent description of the facts that...
Between 1992 and 2000, US exports rose by 55 percent. By the year 2000, trade summed to 26 percent of US GDP, and the United States imported almost tw...
