The United States, the European Union, and the "Globalization" of World Trade: Allies or Adversaries?

by Fischer, Thomas C.

• ISBN13: 9781567200379
• ISBN10: 1567200370
• Format: Hardcover
• Copyright: 2000-04-30
• Publisher: Greenwood Pub Group

Summary

Regulation of world trade is beyond the control of any one nation. Moreover, Western capitalism is losing its influence in trade negotiations. Policy makers must be alerted to these changes and adjust to them creatively. Fischer argues that the United States needs allies in the new era of world trade, that the private sector is increasingly influential in driving the world trade agenda, and that trade globalization creates a new paradigm that supplants traditional national competition.

Author Biography

Thomas C. Fischer is Professor of Law and Dean Emeritus, New England School of Law, Boston.

Table of Contents

Foreword	ix
Sir David Williams
Preface	xi
Acknowledgments	xiii
Acronyms	xv
I. What in the World Is Happening (to World Trade)?	1	(16)
The ``Globalization'' Process	3	(5)
Regulating Global Trade	8	(9)
II. New Trade Paradigms	17	(24)
An Economic Map of the World	19	(11)
Four Economic ``Models''	30	(2)
Global Trade and Global ``Government''	32	(9)
III. Three Trading Giants? (and Their Spheres of Influence)	41	(158)
The United States	43	(15)
Afta' NAFTA: The Free Trade Area of the Americans (FTAA)	58	(17)
The European Union: Can It Compete?	75	(18)
The European Union Program	93	(43)
Widening the European Community	136	(9)
Japan: Asia's Disintegrating Colossus	145	(15)
China: The Middle Kingdom in the Middle	160	(18)
Asia's Emerging Economies: ``Miracle,'' Myth or Neither?	178	(21)
IV. ``Globalizing'' Trade	199	(46)
Metamorphosing the GATT: The World Trade Organization (WTO)	201	(22)
A New Era in World Trade	223	(22)
Appendix	245	(10)
Notes	255	(70)
Selected Bibliography	325	(8)
Index	333