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Description
The field of international trade has been a focus of renewed debate for academics and policy-makers alike. The progressive integration of economics at a worldwide level has led to debates surrounding the migration of labour markets, restrictive trade practices, the impact of foreign investment, the role of cooperation through multilateral and regional agreements, and the enforceability of international agreements.
This book reviews the new research findings and theoretical developments that have informed these debates, offering a balanced analytical account of American and European experiences, viewpoints, approaches, and policy.
Written in six parts, the first part examines the determinants of trade patterns, economic location, foreign investment, and the interaction between trade and economic growth. The second part deals with strategic policy interventions. The third part examines the role of innovation, skills, and contracts in trade and foreign direct investment. The fourth part focuses on trade reform, trade and investment restrictions, and economic sanctions. The fifth part tackles the endogenous formation of policy through the interaction between interest groups and the government, block formation, and a host of coexisting trade-restricting and trade-promoting practices. The sixth part focuses on the economics of the World Trade Organization, cooperative agreements, and their sustainability.
Comprehensive in its approach, this book will be of particular interest to graduate students, policymakers, and practitioners with an interest in international trade.
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Contents
Part I - International Trade Modeling
1. The Volume and Structure of Trade
2. Intra-industry Trade
3. Trade Empirics
4. Geography and Location
5. Migration and Foreign Investment
6. Growth, Trade and FDI
Part II - Strategic Trade, Competition and Environment
7. Competition and Rivalry
8. Strategies and the Mode of Competition
9. Trade under Asymmetric Information
Part III - Innovation, Skills and Contracts
10. Innovation, Research and Learning
11. Information and Moral Hazard
12. Networks and Outsourcing
Part IV - Liberalization, Protection and Sanctions
13. Trade Liberalization and Protection
14. Dumping Market Access and Sanctions
Part V - Trade Politics and Regionalism
15. Trade Politics
16. Preferential Trade Arrangements
17. International Economic Politics
Part VI - WTO and International Cooperation
18. The Economics of the WTO
19. Cooperative Agreements
References
Index
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Author Details
Luis A. Rivera-Batiz teaches at the Faculty of Management at McGill University, the School of International and Public Affairs (SIPA) at Columbia University, and the Faculty of Management at the University of Puerto Rico.
Maria-Angels Oliva is Assistant Professor of Economics at ESCP-EAP, Paris (European School of Management) and Economist at the World Economic Forum in Geneva.
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