The World Trade System: Trends And Challenges by Jagdish N. BhagwatiThe World Trade System: Trends And Challenges by Jagdish N. Bhagwati

The World Trade System: Trends And Challenges

EditorJagdish N. Bhagwati, Pravin Krishna, Arvind Panagariya

Hardcover | December 16, 2016

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Leading trade esperts examine the world trading system today, from the multilateralism of the WTO to explosive bilateralism and the mega-regionals TPP and TTIP.

When the General Agreement on Tariffs and Trade (GATT) metamorphosed into the World Trade Organization (WTO) in 1994, it seemed that the third pillar of the international economic superstructure was finally in place. And yet with the failure of member countries to close the Doha Round of trade negotiations and the emergence of bilateral and plurilateral preferential trade arrangements (PTAs) such as the Trans-Pacific Partnership (TPP), the future of the multilateral WTO seems uncertain. In this volume, leading economists examine issues in trade policy that have arisen during this shift.

The contributors discuss such topics as the effect of trade on poverty and inequality, PTAs and litigation between trading partners, the WTO Trade Facilitation Agreement, and the relationship of food security and trade liberalization. They also offer regional perspectives on the TPP and trans-Atlantic free trade.

ContributorsRahel Aichele, Jagdish Bhagwati, Steve Charnovitz, Gabriel Felbermayr Dimitar Gueorguiev, Bernard Hoekman, Jonas Kasteng, Pravin Krishna, Mary Lovely, Petros Mavroidis, Devashish Mitra, Arvind Panagariya, Tom Prusa, Andre Sapir, Stefan Tangermann

About The Author

Jagdish N. Bhagwati is University Professor of Economics, Law, and International Relations at Columbia University and Director of the Deepak and Neera Raj Center on Indian Economic Policies. He is the author (with Arvind Panagariya) of Why Growth Matters: How Economic Growth in India Reduced Poverty and the Lessons for Other Developin...

Details & Specs

Title:The World Trade System: Trends And ChallengesFormat:HardcoverDimensions:416 pages, 9 × 6 × 0.81 inPublished:December 16, 2016Publisher:The MIT PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0262035235

ISBN - 13:9780262035231

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This collection brings together a group of the world's leading economic and legal scholars who set forth wide-ranging analyses of the central issues and challenges faced by the multilateral trading system and the World Trade Organization. The depth of scholarship is outstanding. Yet the issues are presented with a minimum of professional jargon and with commendable clarity. Thus, both general readers with a keen interest in global trade as well as research scholars will benefit immensely from the wisdom imparted in the disparate chapters. Given the highly emotional and divisive debates over globalization and trade in the United States and Europe, these careful analyses will provide an indispensable antidote to the calculated misinformation and simple ignorance that governs so much of current discourse.