TY  - BOOK
AU  - Bhagwati,Jagdish N.
TI  - Free Trade Today
SN  - 9781400824342
AV  - HF1713 .B465 2002eb
U1  - 382/.71 21
PY  - 2021///]
CY  - Princeton, NJ : 
PB  - Princeton University Press, 
KW  - Free trade
KW  - Environmental aspects
KW  - Social aspects
KW  - United States
KW  - International economic relations
KW  - BUSINESS & ECONOMICS / International / Economics
KW  - bisacsh
KW  - Anderson, Kym
KW  - Balassa, Bela
KW  - Blackhurst, Richard
KW  - Bretton Woods institutions
KW  - Business Roundtable
KW  - Communist Party
KW  - Goldsmith, Teddy
KW  - Gramm, Phil
KW  - Harkin Child Labor Deterrence Act
KW  - Johnson, Harry
KW  - Nash equilibrium
KW  - Olson, Mancur
KW  - Pattanaik, Prasanta
KW  - Seattle protests
KW  - Staiger, Robert
KW  - aggressive unilateralism
KW  - agricultural trade
KW  - agriculture, multifunctionality of
KW  - antidumping actions
KW  - bureaucrats
KW  - capitalism
KW  - child labor
KW  - cinema
KW  - computers
KW  - customs unions
KW  - declinism
KW  - democracy
KW  - distortions
KW  - econometrics
KW  - empirical judgment
KW  - environmental standards
KW  - free-rider argument
KW  - gender discrimination
KW  - growth
KW  - human rights violations
KW  - immiserizing growth
KW  - isolationism
KW  - labor standards
KW  - lobbying costs
KW  - mathematical economics
KW  - movies
KW  - poverty
KW  - protectionism, and fair trade
KW  - race to the bottom
KW  - rent-seeking
KW  - rights violations
KW  - rules of origin
KW  - shock therapy
KW  - shrimp farming
KW  - social dumping
KW  - socialism
N1  - 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
N2  - 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
UR  - https://doi.org/10.1515/9781400824342?locatt=mode:legacy
UR  - https://www.degruyter.com/isbn/9781400824342
UR  - https://www.degruyter.com/cover/covers/9781400824342.jpg
ER  -