Suchergebnisse

The global impact of economic integration is the subject of this book which examines policies in Europe and abroad. Ali M. El-Agraa is the author and editor of many books on economics and trade, including "Japan's Trade Frictions" and "Trade Theory and Policy".

As part of the 1947 General Agreement on Tariffs and Trade (GATT), a compromise on domestic socio-economic issues was struck and subsequently given the name 'embedded liberalism'. The Future of International Economic Integration explores the multiple dimensions of the embedded liberalism compromise, to understand its contemporary influence on both the scope and application of international trade law, and on the content and character of parallel domestic socio-economic policy space. Top international economic law scholars have contributed chapters that look at the four principal dimensions of the topic. It sets out the history and character of the embedded liberalism compromise, explores the relationship between the compromise and WTO law, explores areas of contemporary tension that invoke the principles of the compromise such as human rights, cultural diversity, and environmental protection, and investigates what future impact the compromise might have on new trade and investment agreements

What are the sources of popular opposition to economic globalization? A common answer in the literature is the adverse impact of trade liberalization on some people's labor market standing and earning prospects. Recent studies also note a correlation between nationalist and ethnocentric sentiments and support for trade protectionism, yet do not test whether these non-economic sentiments are actually a cause of the opposition to freer trade. I argue that many individuals fear not only the oft-cited material consequences of trade openness, but also what they perceive to be its social and cultural consequences. I use cross-national survey data and a survey experiment to test this causal claim. The argument also helps explain why less-educated individuals are consistently more apprehensive about international economic integration than more educated individuals, even in the countries in which economic theory predicts otherwise. The findings have implications for the debate over the policy tools for compensating globalization's losers and sustaining popular support for further economic integration. Adapted from the source document.