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The Handbook of Global Trade Policy. Edition No. 1. Handbooks of Global Policy

  • Book

  • 624 Pages
  • January 2023
  • Region: Global
  • John Wiley and Sons Ltd
  • ID: 5838536

Provides a state-of-the-art overview of international trade policy research 

The Handbook of Global Trade Policy offers readers a comprehensive resource for the study of international trade policy, governance, and financing. This timely and authoritative work presents contributions from a team of prominent experts that assess the policy implications of recent academic research on the subject. Discussions of contemporary research in fields such as economics, international business, international relations, law, and global politics help readers develop an expansive, interdisciplinary knowledge of 21st century foreign trade.

Accessible for students, yet relevant for practitioners and researchers, this book expertly guides readers through essential literature in the field while highlighting new connections between social science research and global policy-making. Authoritative chapters address new realities of the global trade environment, global governance and international institutions, multilateral trade agreements, regional trade in developing countries, value chains in the Pacific Rim, and more. Designed to provide a well-rounded survey of the subject, this book covers financing trade such as export credit arrangements in developing economies, export insurance markets, climate finance, and recent initiatives of the World Trade Organization (WTO). This state-of-the-art overview:

  • Integrates new data and up-to-date research in the field
  • Offers an interdisciplinary approach to examining global trade policy
  • Introduces fundamental concepts of global trade in an understandable style
  • Combines contemporary economic, legal, financial, and policy topics
  • Presents a wide range of perspectives on current issues surrounding trade practices and policies

The Handbook of Global Trade Policy is a valuable resource for students, professionals, academics, researchers, and policy-makers in all areas of international trade, economics, business, and finance.

Table of Contents

Notes on Contributors viii

Introduction 1

1 Quo Vadis, Global Trade? 3
Andreas Klasen

Part I Foreign Trade in the 21st Century 23

2 The Global Trade Environment - A New Reality 25
Martina Höppner

3 On the Remeasurement of International Trade in the Age of Digital Globalisation 47
Steffen Gröning, Cyrus de la Rubia, and Thomas Straubhaar

4 Services Trade, Structural Transformation and the SDG 2030 Agenda 79
Mina Mashayekhi Copyrighted Material

5 Cities and Trade 118
Thomas Hoehn

6 Strategic Trade as a Means to Global Influence 143
Rebecca Harding and Jack Harding

Part II Global Governance and International Institutions 173

7 Is There a Future for Multilateral Trade Agreements? 175
Judith Goldstein and Elisabeth van Lieshout

8 Finance That Matters: International Finance Institutions and Trade 201
Steven Beck and Alisa DiCaprio

9 How Banking Regulators and Trade Ministers are Singing from Different Songbooks 221
Diana Smallridge and Jennifer Henderson

10 Trade and Illicit Flows: A Case Involving the United States, China and Mexico 251
Nikos Passas

Part III Global Trade and Regional Development 269

11 Regional Integration: The Next Wave 271
Marion Jansen, Sebastian Klotz, and Jasmeer Virdee

12 United States: What to Expect from a Protective US Trade Policy 308
Erdal Yalcin, Gabriel Felbermayr, and Marina Steininger

13 Trade and Developing‐Country Exporters: The Case of Latin American and Caribbean Countries 328
Banu Demir

14 Sailing Against the Storm of Protectionism: The Role of the EU in Shaping Global Trade Policy 351
Lucian Cernat and Omar Alam

15 Trade, Global Value Chains and Inclusive Growth in Asia and the Pacific 379
Yasuyuki Sawada, Cyn‐Young Park, Fahad H. Khan, and Cindy Jane Justo

16 Institutional Capacity, Trade and Investment in African Economies 418
Roseline Wanjiru and Karla Simone Prime

Part IV Financing Trade 439

17 Financing Trade: The Role of the WTO and Recent Initiatives 441
Marc Auboin

18 How Trade Finance Works 468
Alexander Malaket

19 Export Credit Arrangements in Capital‐Scarce Developing Economies 494
Benedict Okey Oramah

20 Export Credit Insurance Markets and Demand 536
Simone Krummaker

21 Climate Finance, Trade and Innovation Systems 555
Fiona Bannert Index 578

Authors

Andreas Klasen Offenburg University, Germany; Northumbria University, UK; Durham University, UK.