Free Trade Today /
Bhagwati, Jagdish N.
Free Trade Today / Jagdish N. Bhagwati. - 1 online resource (144 p.) : 5 line illus.
Frontmatter -- Contents -- Preface -- LECTURE I. Confronting Conventional Threats to Free Trade: The Postwar Revolution in the Theory of Commercial Policy -- LECTURE 2 "Fair Trade," Income Distribution, and Social Agendas: Using Trade Theory to Meet New Challenges -- LECTURE 3 Getting to Free Trade: Alternative Approaches and Their Theoretical Rationale -- Index
restricted access http://purl.org/coar/access_right/c_16ec
Free trade, indeed economic globalization generally, is under siege. The conventional arguments for protectionism have been discredited but not banished. And free trade faces strong new challenges from a variety of groups, including environmentalists and human rights activists as well as traditional lobbies who wrap their agendas in the language of justice and rights. These groups, claiming a general interest and denouncing free trade as a special interest of corporations and other capitalist forces, have organized large and vocal protests in Seattle, Prague, and elsewhere.Based on his acclaimed Stockholm lectures and picking up where his widely influential Protectionism left off, Jagdish Bhagwati applies critical insights from revolutionary developments in commercial policy theory--many his own--to show how the pursuit of social and environmental agendas can be creatively reconciled with the pursuit of free trade. Indeed, he argues that free trade, by raising living standards, can serve these agendas far better than can a descent into trade sanctions and restrictions.After settling the score in favor of free trade, Professor Bhagwati considers alternative ways in which it can be pursued. Chiefly, he argues in support of multilateralism and advances a withering critique of recent bilateral and regional free trade agreements (including NAFTA) as preferential arrangements that introduce growing chaos into the world trading system. He also makes a strong case for "going it alone" on the road to trade liberalization and endorses the reemergence of unilateral liberalization at points around the globe.Forcefully, elegantly, and clearly written for the public by one of the foremost economic thinkers of our day, this volume is not merely accessible but essential reading for anyone interested in economic policy or in the world economy.
Mode of access: Internet via World Wide Web.
In English.
9781400824342
10.1515/9781400824342 doi
Free trade--Environmental aspects.
Free trade--Social aspects.
Free trade--United States.
Free trade.
International economic relations.
BUSINESS & ECONOMICS / International / Economics.
Anderson, Kym. Balassa, Bela. Blackhurst, Richard. Bretton Woods institutions. Business Roundtable. Communist Party. Goldsmith, Teddy. Gramm, Phil. Harkin Child Labor Deterrence Act. Johnson, Harry. Nash equilibrium. Olson, Mancur. Pattanaik, Prasanta. Seattle protests. Staiger, Robert. aggressive unilateralism. agricultural trade. agriculture, multifunctionality of. antidumping actions. bureaucrats. capitalism. child labor. cinema. computers. customs unions. declinism. democracy. distortions. econometrics. empirical judgment. environmental standards. free-rider argument. gender discrimination. growth. human rights violations. immiserizing growth. isolationism. labor standards. lobbying costs. mathematical economics. movies. poverty. protectionism, and fair trade. race to the bottom. rent-seeking. rights violations. rules of origin. shock therapy. shrimp farming. social dumping. socialism.
HF1713 / .B465 2002eb
382/.71
Free Trade Today / Jagdish N. Bhagwati. - 1 online resource (144 p.) : 5 line illus.
Frontmatter -- Contents -- Preface -- LECTURE I. Confronting Conventional Threats to Free Trade: The Postwar Revolution in the Theory of Commercial Policy -- LECTURE 2 "Fair Trade," Income Distribution, and Social Agendas: Using Trade Theory to Meet New Challenges -- LECTURE 3 Getting to Free Trade: Alternative Approaches and Their Theoretical Rationale -- Index
restricted access http://purl.org/coar/access_right/c_16ec
Free trade, indeed economic globalization generally, is under siege. The conventional arguments for protectionism have been discredited but not banished. And free trade faces strong new challenges from a variety of groups, including environmentalists and human rights activists as well as traditional lobbies who wrap their agendas in the language of justice and rights. These groups, claiming a general interest and denouncing free trade as a special interest of corporations and other capitalist forces, have organized large and vocal protests in Seattle, Prague, and elsewhere.Based on his acclaimed Stockholm lectures and picking up where his widely influential Protectionism left off, Jagdish Bhagwati applies critical insights from revolutionary developments in commercial policy theory--many his own--to show how the pursuit of social and environmental agendas can be creatively reconciled with the pursuit of free trade. Indeed, he argues that free trade, by raising living standards, can serve these agendas far better than can a descent into trade sanctions and restrictions.After settling the score in favor of free trade, Professor Bhagwati considers alternative ways in which it can be pursued. Chiefly, he argues in support of multilateralism and advances a withering critique of recent bilateral and regional free trade agreements (including NAFTA) as preferential arrangements that introduce growing chaos into the world trading system. He also makes a strong case for "going it alone" on the road to trade liberalization and endorses the reemergence of unilateral liberalization at points around the globe.Forcefully, elegantly, and clearly written for the public by one of the foremost economic thinkers of our day, this volume is not merely accessible but essential reading for anyone interested in economic policy or in the world economy.
Mode of access: Internet via World Wide Web.
In English.
9781400824342
10.1515/9781400824342 doi
Free trade--Environmental aspects.
Free trade--Social aspects.
Free trade--United States.
Free trade.
International economic relations.
BUSINESS & ECONOMICS / International / Economics.
Anderson, Kym. Balassa, Bela. Blackhurst, Richard. Bretton Woods institutions. Business Roundtable. Communist Party. Goldsmith, Teddy. Gramm, Phil. Harkin Child Labor Deterrence Act. Johnson, Harry. Nash equilibrium. Olson, Mancur. Pattanaik, Prasanta. Seattle protests. Staiger, Robert. aggressive unilateralism. agricultural trade. agriculture, multifunctionality of. antidumping actions. bureaucrats. capitalism. child labor. cinema. computers. customs unions. declinism. democracy. distortions. econometrics. empirical judgment. environmental standards. free-rider argument. gender discrimination. growth. human rights violations. immiserizing growth. isolationism. labor standards. lobbying costs. mathematical economics. movies. poverty. protectionism, and fair trade. race to the bottom. rent-seeking. rights violations. rules of origin. shock therapy. shrimp farming. social dumping. socialism.
HF1713 / .B465 2002eb
382/.71

