Trade in the 21st Century: Back to the Past?

Bernard M / Zedillo Hoekman

240 pages, parution le 21/01/2019

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Résumé

The repeated failures since 2001 of global trade negotiations and continuing uncertainties about the ultimate success of mega-regional trade agreements have raised widespread questions about the future of global trade policy. In Trade in the 21st Century , two distinguished experts argue that not only is trade policy alive and well, but also that there are grounds for optimism.Despite troubled trade negotiations, global trade and trade policy will thrive in the twenty-first century, but with a bow to the past.

Is the multilateral trading order of the twentieth century a historical artifact?

Was the creation of the World Trade Organization in 1995 the high point of multilateral cooperation on trade? This new volume, edited by Bernard M. Hoekman and Ernesto Zedillo, assesses the relevance of the WTO in the context of the rise of China and the United States' turn toward unilateral protectionism.

The contributors adopt a historical perspective to discuss changes in global trade policy trends, adducing lessons from the past to help understand current trade tensions. Topics include responses to U.S. protectionism under the Trump administration, the policy dimensions of trade in services and the rise of the digital economy, how to strengthen the WTO to better negotiate new rules of the game and adjudicate disputes, managing China's integration into the global trade system, and the implications of global value chains for economic development policies.

By reflecting on past episodes of protectionism and how they were resolved, Trade in the 21st Century provides both context and guidance on how trade challenges can be addressed in the coming decades. Bernard M. Hoekman is professor and director of the global economics research area at the Robert Schuman Centre for Advanced Studies, European University Institute, Florence, Italy, where he also serves as the dean of external relations.

Ernesto Zedillo is director of the Yale Center for the Study of Globalization, and a professor of international economics and politics at Yale University. He was president of Mexico from 1994 to 2000.

Caractéristiques techniques

	PAPIER
Éditeur(s)	Eurospan
Auteur(s)	Bernard M / Zedillo Hoekman
Parution	21/01/2019
Nb. de pages	240
EAN13	9780815729044

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Trade in the 21st Century: Back to the Past?

Résumé

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