International Trade Economics

A case for why regionalization, not globalization, has been the biggest economic trend of the past forty years.

Most global citizens are well aware of the explosive growth of the Chinese economy. Indeed, China has famously become the "workshop of the world." Yet, while China watchers have shed much light on the country's internal dynamics - China's politics, its vast social changes, and its economic development - few have focused on how this increasingly powerful nation has become more active and assertive throughout the world.

Global trade is of vital interest to citizens as well as policymakers, yet it is widely misunderstood. This compact exposition of the market forces underlying international commerce addresses both of these concerned groups, as well as the needs of students and scholars. Although it contains no equations, it is almost mathematical in its elegance, precision, and power of expression. Understanding Global Trade provides a thorough explanation of what shapes the international organization of production and distribution and the resulting trade flows.

In The Money Revolution: How to Finance the Next American Century, economist and best-selling author Richard Duncan lays out a farsighted strategy to maximize the United States' unmatched financial and technological potential. In compelling fashion, the author shows that the United States can and should invest in the industries and technologies of the future on an unprecedented scale in order to ignite a new technological revolution that would cement the country's geopolitical preeminence, greatly enhance human well-being, and create unimaginable wealth.

In 1784, when Americans first voyaged to China, they confronted Chinese authorities who were unaware that the United States even existed. Nevertheless, a long, complicated, and fruitful trade relationship was born after American traders, missionaries, diplomats, and others sailed to China with lofty ambitions: to acquire fabulous wealth, convert China to Christianity, and even command a Chinese army. In America's First Adventure in China, John Haddad provides a colourful history of the evolving cultural exchange and interactions between these countries.

Though mankind has traded tangible goods for millennia, recent technology has changed the fundamentals of trade, in both legitimate and illegal economies. In the past three decades, the most advanced forms of illicit trade have broken with all historical precedents and, as Dark Commerce tells, now operate as if on steroids, tied to computers and social media. Author Louise Shelley examines how new technology, communications, and globalization fuel the exponential growth of dangerous forms of illegal trade and considers diverse ways of responding to this increasing challenge.

This is the inside story of the US-China trade war, how relations between these superpowers unraveled, darkening prospects for global peace and prosperity, as told by two Wall Street Journal reporters, one based in Washington, DC, the other in Beijing, who have had more access to the decision-makers in the White House and in China’s Zhongnanhai leadership compound than anyone else.

When Arthur B. Laffer spearheaded the theory of supply-side economics and became a member of President Reagan's Economic Policy Advisory Board, he took his place as an economic icon. More recently, he joined with Stephen Moore and Peter J. Tanous to write The End of Prosperity - a clarion call delineating what is wrong with current political approaches to America's present economic challenges.

When China joined the World Trade Organization in 2001, most experts expected the WTO rules and procedures would liberalize China and make it "a responsible stakeholder in the liberal world order". But the experts made the wrong bet. China today is liberalizing neither economically nor politically but, if anything, becoming more authoritarian and mercantilist. In this book, renowned globalization and Asia expert Clyde Prestowitz describes the key challenges posed by China and the strategies America and the Free World must adopt to meet them.

When Hu Jintao, China's then vice president, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs played in helping China experiment with private enterprise. In Dealing with China, the best-selling author of On the Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions.

Thirsty Dragon lays bare the untold story of how an influx of Chinese money rescued France's most venerable wine region from economic collapse and how the result was a series of misunderstandings and crises that threatened the delicate infrastructure of Bordeaux insular wine trade.

Rising tensions between China and the United States have kept the financial markets on edge as a showdown between the world's two largest economies seems inevitable. But what most people fail to recognize is the major impact that the financial markets themselves have had on the creation and acceleration of the conflict. In Financial Cold War, market structure and geopolitical finance expert James Fok explores the nuances of China-US relations from the perspective of the financial markets.

America is a smuggler nation. Our long history of illicit imports has ranged from West Indies molasses and Dutch gunpowder in the 18th century, to British industrial technologies and African slaves in the 19th century, to French condoms and Canadian booze in the early 20th century, to Mexican workers and Colombian cocaine in the modern era. Contraband capitalism, it turns out, has been an integral part of American capitalism.

A wake-up call for middle class Americans who feel trapped in a post-crisis economic slump, The Unfair Trade is a riveting exposé of the vast global financial system whose flaws are the source of our economic malaise. Our livelihoods are now beholden to the workings of its imbalances and inequities. The trillions of dollars that make up the flow of international finance - money often steered away from people who deserve it most - have not just undermined the lives of working and middle class Americans.

If Europe is to return to an innovative and dynamic economy - and if there is to be shared prosperity, social solidarity, and justice - then EU countries need to break with their current, destructive trajectory. This volume offers concrete strategies for renewal that would also reinvigorate the project of European integration, with fresh ideas in the areas of both macroeconomics and microeconomics, including central banking, public investment, corporate governance and competition policy, social policy, and international trade.

There may be no story today with a wider gap between fact and fiction than the relationship between the United States and Mexico. Through portraits of business leaders, migrants, chefs, movie directors, police officers, and media and sports executives, Andrew Selee looks at this emerging Mexico, showing how it increasingly influences our daily lives in the United States in surprising ways - the jobs we do, the goods we consume, and even the new technology and entertainment we enjoy.

È giusto cancellare il debito dei paesi più poveri? In che misura può contribuire a combatterne la povertà? Come agisce in questo campo la comunità internazionale? Personalità di governo e celebrità del mondo dello spettacolo, gruppi religiosi e Ong hanno attirato negli ultimi anni l'attenzione dell'opinione pubblica mondiale su questo tema. E si è andata affermando la convinzione che il debito del Terzo mondo sia la più tipica espressione del dominio del ricco sul povero e che sia quindi moralmente giusto abolirlo.

Da più di sessant'anni è, insieme al Wto e alla Banca mondiale - le altre due organizzazioni nate dagli accordi di Bretton Woods nel 1944 -, un pilastro dell'ordine economico internazionale. Ne sono prova gli interventi messi in atto dal Fondo monetario in molti paesi per fronteggiare la crisi dei mutui subprime, e il sostegno fornito alla Grecia, che nel maggio 2010 ha rischiato una bancarotta dello stato.

Globalization, long considered the best route to economic prosperity, is not inevitable. An approach built on the principles of free trade and, since the 1980s, open capital markets is beginning to fracture. With disappointing growth rates across the Western world, nations are no longer willing to sacrifice national interests for global growth, nor are their leaders able - or willing - to sell the idea of pursuing a global agenda of prosperity to their citizens.

When it comes to the afflictions of the global economy, almost everyone - and especially Donald Trump - is quick to point the finger of blame at the state of international trade. But what about unconstrained capital flows? Unfettered capital has resulted in a string of financial and economic crises that have left our political systems strained and dialogue corroded. The once perceived benefits of openness have been cast to the wayside and the cracks in the global order can no longer be ignored.