This volume provides a state of the art review of current thinking on the full range of trade policy issues, addressing the economic and political dimensions of international trade policy. The volume contains a systematic examination of: - specific trade policy instruments (such as tariffs, non-tariff barriers and trade rules) - sectoral concerns (in agriculture, manufacturing and services) - trade linkages (to issues such as the environment and labour standards) - systemic considerations (what role for the WTO?) The organising theme of the volume is that open markets for trade and investment yield large potential gains in human welfare as long as trade policy is conducted as an integral part of broader domestic economic management and regulatory reform, and as long as the particular challenges facing developing countries are effectively addressed. This 'case' is presented on the basis of rigorous analysis of first principles and of empirical experience among key trading nations. An integrated set of original and comprehensive perspectives from a diverse group of experts, linked by a common organisational thread. The contributing authors create an ideal mix of internationally recognised experts together with younger specialists making their mark in trade policy analysis; academics as well as trade policy practitioners; and representatives of both developed and developing countries.

About the Author
Kenneth Heydon, London School of Economics, UK and Dr Stephen Woolcock, London School of Economics, UK

Reviews

'Concerns over today's global economic environment, following the 2008 financial crisis, are adding to pressures to turn away from trade liberalization in favour of new and old forms of protectionism. Thus, this edited volume, which emphasizes the importance of international trade, is a timely, thoughtful addition to the literature. It provides a good review of current trade policy issues that have kept globalization at the center of debate, including impacts on jobs, investment, development, the environment, poverty and health... Highly recommended. Upper-division graduate students through professionals.' Choice 'This book's emphasis on the importance of trade is extremely timely in view of pressures for trade protectionism following the 2007-9 global financial crisis. Unlike most edited works on trade, the book provides an integrated and comprehensive approach to the most significant aspects of international trade relations. The highly readable chapters by both acknowledged experts and upcoming academics and practitioners will be very useful for students, faculty, those involved with governments, international organizations and NGOs, and others interested in trade and trade-related issues.' Theodore Cohn, Simon Fraser University, Canada '...an indispensable guide to the current state of world trade policy and the arguments surrounding it. The various contributions are carefully selected not merely to cover the various aspects and areas of trade policy but to lucidly present a full picture of a fascinating subject. It raises the question as to how we now find ourselves facing the failure of the Doha Development Round with the consequential damage to the system that the World Trade Organisation embodies. I found it truly excellent.' Peter D Sutherland KCMG, former Director-General of GATT & the WTO 'This book is as timely as it is thoughtful. Turmoil in today's global economic environment is adding to the pressure from well-established special interests to tur

Book Information
ISBN 9781138109759
Author Kenneth Heydon
Format Paperback
Page Count 592
Imprint Routledge
Publisher Taylor & Francis Ltd
Weight(grams) 453g