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This book is a comprehensive and non-technical introduction to the institutional mechanics, economics, and politics of the world trading system as embodied in the WTO. The WTO is the primary organization through which member states will manage their trade relations. It is also the forum in which attempts will be made in the future to expand the coverage of multilateral rules to new policies such as competition (antitrust) law and investment regulations.
Understanding the reach and relevance of the organization is therefore important, and requires an interdisciplinary approach. Few countries allow unfettered market forces to determine the pattern and structure of trade and investment. Instead, governments develop policy in response to domestic political forces, taking into account likely reactions by trading partners. In discussing the WTO, the authors take a political economy-based approach that can explain these fundamental aspects of the 'real' world.
This in turn helps to explain the successes and failures of international co-operation in trade policy, the primacy of negotiated solutions, and the challenges facing the WTO in the years to come as further efforts are made to extend the reach of multilateral policy disciplines. Extensive references are made to the existing literature, and guides to further reading are provided at the end of each chapter.
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Previews available in: English
Subjects
General Agreement on Tariffs and Trade (Organization), International economic relations, International trade, Tariff, World Trade Organization, Internationale handel, International Relations, POLITICAL SCIENCE, International, Handelsabkommen, GATT, Marketing, Trade & Tariffs, General, GATT 1947, Exports & Imports, Welthandel, BUSINESS & ECONOMICS, Geschichte, Commerce international, Tarif douanier, General Agreement on Tariffs and Trade (Organisation)Showing 5 featured editions. View all 5 editions?
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1
Political Economy of the World Trading System
2009, Oxford University Press, Incorporated
in English
1306452244 9781306452243
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2
The political economy of the world trading system: the WTO and beyond
2001, Oxford University Press
in English
- 2nd ed.
0198294344 9780198294344
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3
The Political Economy of the World Trading System: From GATT to WTO
February 22, 1996, Oxford University Press, USA
in English
0198290179 9780198290179
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4
The Political Economy of the World Trading System: From GATT to WTO
February 22, 1996, Oxford University Press, USA
in English
0198289553 9780198289555
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5
The political economy of the world trading system: from GATT to WTO
1995, Oxford University Press
in English
0198289553 9780198289555
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Book Details
Edition Notes
Includes bibliographical references (p. [507]-540) and index.
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