• $19.99

Publisher Description

Despite troubled trade negotiations, global trade—and trade policy—will thrive in the twenty-first century, but with a bow to the past.

Is the multilateral trading order of the twentieth century a historical artifact?

Was the creation of the World Trade Organization in 1995 the high point of multilateral cooperation on trade? This new volume, edited by Bernard M. Hoekman and Ernesto Zedillo, assesses the relevance of the WTO in the context of the rise of China and the United States’ turn toward unilateral protectionism.

The contributors adopt a historical perspective to discuss changes in global trade policy trends, adducing lessons from the past to help understand current trade tensions. Topics include responses to U.S. protectionism under the Trump administration, the policy dimensions of trade in services and the rise of the digital economy, how to strengthen the WTO to better negotiate new rules of the game and adjudicate disputes, managing China’s integration into the global trade system, and the implications of global value chains for economic development policies.

By reflecting on past episodes of protectionism and how they were resolved, Trade in the 21st Century provides both context and guidance on how trade challenges can be addressed in the coming decades.

GENRE
Business & Personal Finance
RELEASED
2021
January 19
LANGUAGE
EN
English
LENGTH
560
Pages
PUBLISHER
Brookings Institution Press
SELLER
Perseus Books, LLC
SIZE
32.3
MB

More Books by Bernard M. Hoekman & Ernesto Zedillo