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International Trade in Services: New Trends and Opportunities for Developing Countries
by Olivier Cattaneo Robert M. Stern Sebastián Sáez Michael EngmanThe services sector is key to economic growth, competitiveness, and poverty alleviation. Comprising more than two-thirds of the world economy, services are now commonly traded across borders, helped by technological progress and the increased mobility of persons. In recent years, a number of developing countries have looked at trade in services as a means to both respond to domestic supply shortages and to diversify and boost exports. Any country can tap into the trade potential of services, but not every country can become a services hub across sectors. The opening of the services sector potentially comes with large benefits, but also fears and costs that should not be overlooked. This book provides useful guidelines for the assessment of a country's trade potential, and a roadmap for successful opening and export promotion in select services sectors. It looks at both the effects of increased imports and exports, and provides concrete examples of developing country approaches that have either succeeded or failed to maximize the benefits and minimize the risks of opening. It focuses on sectors that have been rarely analyzed through the trade lens, and/or have a fast growing trade potential for developing countries. These sectors are: accounting, construction, distribution, engineering, environmental, health, information technology, and legal services. This book is designed for non-trade specialists to understand how trade can help improve access to key services in developing countries, and for trade specialists to understand the specific characteristics of each individual sector. It will be a useful tool for governments to design successful trade opening or promotion strategies, and for the private sector and consumers to advocate sound domestic policy reforms accompanying an offensive trade agenda.
International Trade in Services: Effective Practice and Policy
by Sarita D. Jackson"In 2012, U.S. and European firms accounted for the highest share of revenue generated by the top international architecture and engineering firms in Africa, at 27 and 31 percent, respectively," according to a U.S. International Trade Commission trade brief. These findings show that the growth of company revenues in an overseas market does not just have to depend on the sale of manufactured products or agricultural commodities. Opportunities also exist for service providers. International Trade in Services: Effective Practice and Policy addresses a reality that receives minimal attention in the current debate about international trade—how the export and import of services drive a significant portion of international trade. The United States has a US$269 billion surplus in trade in services with the world. On other hand, U.S. trade in goods with the world continues to experience a wide trade deficit of US$946 billion. Nevertheless, U.S. policy response focuses mainly on the manufacturing and agricultural sectors. In addition, as an international trade educator in business schools at different universities, many of the textbooks emphasize the various aspects of importing and exporting goods. Workshops aimed to educate and inform the business community also focus on the trade in goods. Consequently, business students and practitioners miss another important component of international trade that presents opportunities—trade in services. The book provides a simple, yet thorough, introduction on how to export a service to an overseas market. The book will guide its audience with a step-by-step process on exporting a service from research to strategy to implementation. Furthermore, the book will highlight the opportunities presented by the international-level General Agreement on Trade in Services (GATS) and bilateral and regional-level reciprocal trade agreements. Service providers will be able to use the book as a guide to start the export process successfully with the first step. Essentially, the book will provide results in the following areas: Time saving—The step-by-step process, which highlights various programs, and the list of key resources will save future exporters of a service the time that they would spend trying to just understand another market. Frustration reduction—The book’s outline of the formal mechanisms available to service exporters will save them from the frustration that may arise from encountering trade practices, some of which can also be very costly, in different markets that make it difficult to compete against local service providers. Money saving—Having substantive knowledge of formal mechanisms and key resources that help to reduce the risks associated with exporting to another market, such as not receiving payment, will help the services-based exporter to use its financial resources more efficiently while reducing its risk of nonpayment.
International Trade in Services
by Mark Sundberg Ken TuckerInternational trade in services is emerging as an important area of study. Governments are becoming increasingly aware of the significance of services in both trade and investmnet relationships. This book is based om researh carred out as part of the ASEAN- Australia Joint Rsearch Project, Its is of relevance internationally as well as to the Paficic Rim countries for its consideration of both theoretical and policy aspects. Case studies are presented for each country of the origonal ASEAN members: Sinagpore, Malaysia, Indonesia, Thailand, the Philippines and on touriam, telecommunications, air transport and consulatncy services.
International Trade in Services and Intangibles in the Era of Globalization
by Marshall Reinsdorf Matthew J. SlaughterThe celebrated economist Zvi Griliches's entire career can be viewed as an attempt to advance the cause of accuracy in economic measurement. Hard-to-Measure Goods and Services, a collection of papers from an NBER conference held in Griliches's honor, is a tribute to his many contributions to current economic thought. Here, leading scholars of economic measurement address issues in the areas of productivity, price hedonics, capital measurement, diffusion of new technologies, and output and price measurement in "hard-to-measure" sectors of the economy.
International Trade, Investment, and the Sustainable Development Goals: World Trade Forum
by Cosimo Beverelli Jürgen Kurtz Damian RaessIn September 2015, world leaders adopted the 2030 Agenda for Sustainable Development. The Sustainable Development Goals (SDGs) represent a distinctive approach to development that moves away from a narrow perspective on economic development to an integrative agenda that simultaneously pursues ecological, social and economic goals. Trade and foreign investment are important economic vectors through which many of these goals can be achieved. Much depends, however, on whether and how SDGs are incorporated in international trade and investment agreements, and in private or public sector initiatives. Policymakers are also confronted with the interdependence of the SDGs which raises difficult trade-offs between various Goals. The contributions in this book explore the penetration and trade-offs of the SDGs, drawing on a multi-disciplinary approach incorporating insights from economists, lawyers and political scientists. The book offers a valuable guide for scholars and policy makers in identifying and evaluating the complex challenges related to sustainable development.
International Trade, Labor Relations, and Bargaining Power: International Strawberry Commodity Networks (Routledge Studies in Employment and Work Relations in Context)
by Matthew M. Fischer-DalyInternational Trade, Labor Relations, and Bargaining Power: International Strawberry Commodity Networks examines power in the commercial food system through the history of always available strawberries. Applying an interdisciplinary approach to case studies on strawberry production and sales in Mexico, Spain, and the United States, the author untangles the symbiotic relationships between the economic boom and labor strife in the sector. By comparing workers’ struggles in the sector, he develops a novel model of workplace bargaining power in which the process of dignity catalyzes change. Since international trade in strawberries began three decades ago, the sector’s growth has paralleled the rise of retailer dominance of food sales. Highlighting inequitable gains from the sales boom, workers have organized mass strikes, boycotts, and pressure campaigns. The divergent results ranged from ephemeral acknowledgments of workers’ concerns to the establishment of union collective bargaining and steadily improving working conditions. Grounded in extensive research, the book provides fresh analytical approaches to understanding the social dimensions of international trade and workplace bargaining power. The book unpacks the relationship between poor working conditions and economic growth by applying a new method, international commodity network analysis, which builds on prior global supply chain approaches. It explains differences in workers’ initiatives to improve employment conditions by identifying the process of dignity in the creation of solidarity.
International Trade Law (Routledge-cavendish Core Statutes Ser.)
by Indira Carr Peter StoneInternational Trade Law offers a clear overview of the complexities of an international sale transaction through informed analysis of case law, legislation, and international conventions and rules. Fully updated with changes to the law and new directions in legal debate, this new edition considers: Standard trade terms including INCOTERMS 2010, the Convention on International Sales of Goods 1980 and the UNIDROIT Principles for International Commercial Contracts E-Commerce issues, including electronic bills of lading Insurance and payment mechanisms, such as letters of credit and the UCP 600 International transportation of cargo, including the Rotterdam Rules Dispute resolution (including jurisdiction, applicable law, arbitration and mediation), with particular reference to the relevant EU regulations and the developing case-law thereon Corruption and anti-corruption conventions, including the UK Bribery Act 2010 and developments relating to deferred prosecution agreements In addition to clarifying a range of topics through tables and diagrams, the book directs readers to relevant further reading and online resources throughout, offering students an accessible resource to this often challenging area of the law.
International Trade Law
by Peter Stone Indira CarrInternational Trade Law offers a clear overview of the complexities of an international sale transaction through informed analysis of case law, legislation, and international conventions and rules. Fully updated with changes to the law and new directions in legal debate, this new edition considers: * Standard trade terms including INCOTERMS 2010, the Convention on International Sales of Goods 1980 and the UNIDROIT Principles for International Commercial Contracts 2004 * E-Commerce issues, including electronic bills of lading * Insurance and payment mechanisms, such as letters of credit and the UCP 600 * International transportation of cargo, including the Rotterdam Rules * Dispute resolution, incorporating jurisdiction, applicable law, arbitration and mediation * Corruption and anti-corruption conventions, including the UK Bribery Act 2010 In addition to clarifying a range of topics through tables and diagrams, the book directs readers to relevant further reading and online resources throughout, offering students an accessible resource to this often challenging area of the law.
International Trade Law Statutes and Conventions 2013-2015
by Indira Carr Miriam GoldbyThis new edition of International Trade Law Statutes and Conventions presents all the key legislation for international trade law in one student-friendly volume. Developed in response to feedback from lecturers and students, this book is: • Up-to-date with the law: this book provides a fully current and comprehensive collection of legislation • Tailored to course outlines: content has been curated to align with international trade law courses • Exam friendly: conforming to regulations, this is an un-annotated text that is suitable for exam use • Easy to use: a clear and attractive text design, detailed table of contents and multiple indices provides ease of reference and navigation Ideal for course and exam use, as well as for reference, this book is a perfect companion resource to student learning and exam success.
International Trade Law Statutes and Conventions 2016-2018
by Indira Carr Jae SundaramInternational Trade Law Statutes and Conventions 2016-2018 presents all the key legislation for international trade law in one student-friendly volume. Developed in response to feedback from lecturers and students, this book is: • up-to-date with the law: this book provides a fully current and comprehensive collection of legislation • tailored to course outlines: content has been curated to align with international trade law courses • exam friendly: conforming to regulations, this is an un-annotated text that is suitable for exam use • easy to use: a clear and attractive text design, detailed table of contents and multiple indices provides ease of reference and navigation Ideal for course and exam use, as well as for reference, this book is a perfect companion resource for student learning and exam success.
International Trade Law Statutes and Conventions 2019-2021
by Indira Carr Jae SundaramInternational Trade Law Statutes and Conventions 2019–2021 presents all the key legislation for international trade law in one student-friendly volume. Developed in response to feedback from both lecturers and students, the book: provides an up-to-date, fully comprehensive collection of current legislation is curated to align with international trade law courses is an un-annotated text, conforming to regulations so that it can be used during exams features a clear and attractive text design, detailed table of contents, and multiple indices to provide ease of reference and navigation. Ideal for coursework, exam use, and general reference work, this is the perfect companion for anyone studying this important and fast-moving area of law.
International Trade Manual
by British Chambers of CommerceThe International Trade Manual is the definitive book about export, import and freightforwarding for business people and students of further and higher education. It is vital reading for anyone involved in international commerce and is the leading textbook for students taking International Trade and Services (ITAS) S/NVQ Levels 3 (supervisors) and 4 (managers) in international trade. This comprehensive guide details exactly what you need to know if you want your business to profit from foreign trade. Endorsed by the British Chambers of Commerce and The Institute of Export, its contents include everything from customs documentation to credit risk.Professionals working in international commerce will also find the reference sections invaluable. These contain checklists, forms, relevant legislation, regulations and a directory of further information sources. Trainers, lecturers, students, managers and supervisors will all benefit from using this highly effective training resource.
International Trade Negotiations and Domestic Politics: The Intermestic Politics of Trade Liberalization (Routledge Studies in the Modern World Economy #121)
by Oluf LanghelleIn spite of many years of negotiation on trade liberalization, progress seems to have stalled. This book explores why resistance to further market liberalization seems so strong, given that the benefits are seen to outweigh the costs. This volume argues that in order to understand the slow progress of World Trade Organization negotiations, we need to take into consideration the ‘intermestic’ character of trade politics, that is, the way in which international and domestic aspects of politics and policies have been woven together and become inextricably related to each other. This is a general trend in our globalizing world, and one that is most pronounced in the case of trade politics and policy. International Trade Negotiations and Domestic Politics therefore presents an in-depth analysis of institutions, ideas, interests and actors in the interplay between international trade negotiations and national negotiating positions. At the international level the authors focus on the multilateral negotiations within the World Trade Organization, together with the plurilateral and bilateral negotiations on free trade agreements. At the regional and domestic level they analyze the trade politics and policies of two established powers, the European Union and the USA; two rising powers, China and India; and a small industrialized country with an open economy, Norway.
International Trade of Secondhand Goods: Flow of Secondhand Goods, Actors and Environmental Impact (IDE-JETRO Series)
by Michikazu Kojima Shozo SakataThis book demonstrates the flow of the international trade of secondhand goods and examines the socio-economic background and mechanisms of the trade. It highlights the actors involved in the trade of secondhand goods and how traditionally secondhand good have largely been traded through social or ethnic networks in order to effectively transfer quality and market information. The development of information technology and emergence of new information platforms have changed these business models. The policies and regulations relating to the trade of secondhand goods are explored, alongside the negative impact of these trades, and the growing awareness of the circular economy. This book illustrates how importing countries as well as international institutions have developed regulations in order to balance these two issues. It will relevant to students and economists interested in development economics and economics geography.
International Trade Policies
by International Monatry FundA report from the International Monetary Fund.
International Trade Policies: Imf Involvement In International Trade Policy Issues (World Economic Outlook Ser. #World Economic And Financial Surveys)
by International Monetary FundA report from the International Monetary Fund.
International Trade Policies and Climate Change Governance
by P. K. RaoThis work offers a synthesis of the current approaches toward an integration of international trade and climate change, with a view to fostering potential improvements in policies and institutions affecting these. A number of pragmatic measures are proposed with reference to the WTO and the United Nations Framework Convention on Climate Change (UNFCCC) regimes, which are expected to contribute toward enhanced climate change governance, as well as promoting international trade.
International Trade Policy: A Contemporary Analysis
by Nigel GrimwadeThis volume provides an introduction to the basic theory behind international trade policy. The author analyses current policy issues within a theoretical framework. The book adopts a thematic approach, with each chapter examining a different issue - each of which is of central importance to contemporary trade policy. The book will be essential for all those who want to understand what governments do, in terms of trade policy and how they do it.
International Trade Policy (Routledge Library Editions: International Trade Policy #14)
by F.V. MeyerThe main contention of this book, first published in 1978, is that international trade policy must fit the economic structure of the trading countries. The first two chapters, which compare the nineteenth and twentieth century movements towards freer trade, and show the nature of the export structure and pricing, provide the two main themes of the book: policy and the sort of industries on which the policies work.
International Trade Policy and Class Dynamics in South Africa
by Simone ClaarThis book provides an innovative perspective on class dynamics in South Africa, focusing specifically on how different interests have shaped economic and trade policy. As an emerging market, South African political and economic actions are subject to the attention of international trade policy. Claar provides an in-depth class analysis of the contradictory negotiation processes that occurred between South Africa and the European Union on Economic-Partnership Agreements (EPA), examining the divergent roles played by the political and economic elite, and the working class. The author considers their relationships with the new global trade agenda, as well as their differing standpoints on the EPA.
International Trade Policy and European Industry: The Case of the Electronics Business
by Marcel Van MarionTrade policy has played a vital role in the decline of European electronics business. The events that resulted in the disappearance of the European television industry, of a European and Japanese video recorder format and of other European consumer electronics are directly related to market structures in exporting countries and business practices. In this book, factual business data shows and economic models explain how restrictive trade practices result in elimination of efficient competitors in export markets. It deals with the memorable case how a videocassette recorder format was established by dumping and how politics enabled it. An innovative tariff increase for CD players was invalidated by heavy dumping, causing closure of production in Europe. European CTV industry succumbed under permanent dumping and a series of biases - as the interest of a state-owned company - and serious errors making trade instruments void and rules irreconcilable with international agreements. Practical and theoretical examples and explanations, some in detail, of trade rules are provided. The book sketches events - carelessness, prejudice or special interests, arbitrary and false application of trade instruments and fraud - resulting in disappearance of various European electronics business segments.
International Trade Regulation: Evolving Dynamics and Shifting Foundations (Routledge Research in International Economic Law)
by Zhiqiong June Wang Jianfu ChenThe international trade regulatory system is a dynamic system that has been evolving throughout its history. Tension and conflict are part of the system. While calls for the abolition of the principal trade regulation authority, the WTO, have failed to understand this nature of the system, proponents for reforms have so far not paid sufficient attention to the evolving nature of tension and conflict. This book examines the evolving dynamics in international trade regulation from the conclusion of GATT in 1947 to the current crisis facing the WTO, from a perspective of emerging powers of developing countries with a focus of China as the latest force that demands reforms of the international trade regulatory regime. There is an extensive body of scholarship on ideological struggles, the rise of developing countries, geopolitical contest, the emerging powers (especially China), the use, misuse or abuse of trading rules and so on. There is, however, a lack of a single concise research book that synthesises these underlying causes and factors into a coherent and precise analytical theme. This book attempts to fill this research gap by building upon the existing scholarship and placing the various tensions and conflicts in a perspective that treats them as dynamic factors that have propelled a continuing process of evolution of the international trade regulation. The book will interest those researching on international trade regulation as well as development studies.
International Trade Regulation and the Mitigation of Climate Change
by Thomas Cottier Olga Nartova Sadeq Z. BigdeliWhat can trade regulation contribute towards ameliorating the GHG emissions and reducing their concentrations in the atmosphere? This collection of essays analyses options for climate-change mitigation through the lens of the trade lawyer. By examining international law, and in particular the relevant WTO agreements, the authors address the areas of potential conflict between international trade law and international law on climate mitigation and, where possible, suggest ways to strengthen mutual supportiveness between the two regimes. They do so taking into account the drivers of human-induced climate change in energy markets and of consumption.
International Trade Relations of the European Union: A Legal and Policy Analysis
by Rafael Leal-ArcasThis book examines the need for greater legal coherence within international trade negotiations between the European Union (EU) and external trade relations. An introspective analysis of EU trade law and policy is presented that highlights the complex issue of EU unity. A particular focus is given to the Doha Round and the General Agreement on Trade in Services, with empirical analysis placing the negotiations not just within the context of international trade law, but also within broader social and political contexts. This book aims to provide an interdisciplinary understanding of the EU’s international trade negotiations. It will be relevant to researchers and policy-makers interested in international trade and EU law.
International Trade, Resource Mobility and Adjustments in a Changing World: Essays in Memory of Ronald W. Jones (Contributions to Economics)
by Sugata Marjit Biswajit MandalThis volume mainly focuses on the relevance and application of Heckscher-Ohlin Model and Specific Factors Model of trade, while also addressing other latest global issues which are connected with two most celebrated structures of trade models developed by the legendary trade theorist Prof. Ronald Winthrop Jones. The two models were published as 'The Structure of Simple General Equilibrium Models' (1965) and 'A Three Factor Model in Theory, Trade and History' (1971). Both the structures are used extensively by trade economists and development economists to decipher a bunch of interesting and intertwined ideas. The models being easy to follow, are capable of explaining some contemporary global concerns if modified judiciously. This includes both theory and policy in both competitive and imperfectly competitive markets. It also has some empirical dimensions. This book is a must read for those who want to keep abreast of latest frontiers in the domain of research on internationaltrade theory and policy, especially advanced graduate students, researchers, and policy makers in general. It exposes its readers to methodological techniques and contemporary research issues so that one can easily draw clues, in terms of both relevant techniques and future research directions, to carry on their own research; policy makers can understand the channels of possible welfare improvement owing to new policy changes.