Challenges to the Global Trading System: Adjustment to Globalization in the Asia-Pacific Region

by La Croix; Sumner

• ISBN13: 9780415429863
• ISBN10: 0415429862
• Edition: 1st
• Format: Hardcover
• Copyright: 2007-05-09
• Publisher: Routledge

Summary

International trade continues to expand robustly in East Asia and elsewhere, but global trade negotiations have collapsed and globalization is widely criticized. In this book, the participants of the thirtieth Pacific Trade and Development Conference?including the then-Director General of the World Trade Organization, and leading government officials, academics and executives from a dozen major Pacific Rim economies?debate whether global negotiations have ended once and for all, or are suffering temporarily from ?globalization fatigue;? whether East Asia?s new regional partnerships will advance or undermine the global trading system; and whether the region?s trade tensions with the United States will intensify or subside. They provide new empirical evidence on how trade affects the distribution of income, the location of pollution-intensive industries, the causes of ?outsourcing,? the structure of the intellectual property regime, and international security. And they probe the implications ofadjustment to globalization: how can countries reap the benefits of trade while controlling the risks faced by the poor and, perhaps more importantly, the politically strong? Challenges to the Global Trading System is an invaluable resource for students and scholars of Asia-Pacific studies, international relations and development studies, as well as those with a more general interest in Asian studies.

Table of Contents

List of figures	p. vii
List of tables and boxes	p. viii
List of contributors	p. x
Preface	p. xiii
List of abbreviations	p. xv
New challenges to the global trading system	p. 1
The challenge of policy in the era of globalization	p. 9
Globalization fatigue, not globalization backlash	p. 15
The emergence of 'intra-mediate trade': implications for the Asia-Pacific region	p. 21
The political economy of the proliferation of FTAs	p. 43
US trade policy towards China: discrimination and its implications	p. 58
Does trade lead to a race to the bottom in environmental standards? Another look at the issues	p. 83
What's new about outsourcing?	p. 115
Have developing countries gained from the marriage between trade agreements and intellectual property rights?	p. 131
Economic interdependence and security in the Asia Pacific	p. 155
Policy Perspectives	p. 183
Practitioner's perspectives on trade and development	p. 184
US trade strategy and the Asia-Pacific region	p. 190
Balancing regional and multilateral commitments: the case of Iceland	p. 192
Globalization and politics	p. 194
Business Perspectives	p. 197
New dimensions of globalization	p. 198
California: a microcosm of Pacific Rim trade issues	p. 200
Globalization at the University of Hawaii	p. 203
Competition and fairness in the execution of globalization	p. 205
International opportunities and national choices	p. 209
Academic Perspectives	p. 211
Adverse trends in trade negotiations	p. 212
Sustaining the multilateral trading system	p. 215
Adjustment, compensation and contingent protection	p. 217
First- and second-order adjustments to globalization	p. 220
Managing adjustments to globalization	p. 222
Index	p. 224
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