Jagdish N. Bhagwati Livres

A leading international economist looks at many of the key issues of trade policy now confronting the United States and the world in this timely book.

The collection features thought-provoking essays that delve into international trade, emphasizing the intricacies of US foreign trade policy. It explores the implications of trade agreements, global market dynamics, and the impact of policy decisions on both domestic and international economies. The essays challenge conventional views and encourage readers to consider the broader consequences of trade practices, making it a compelling read for those interested in economic policy and global relations.

The book features a dialogue between two prominent economists who explore the multifaceted impacts of offshoring American jobs. They delve into critical topics such as free trade policies and their influence on unemployment rates, offering insights into the economic consequences of job relocation. Through their analysis, the authors aim to clarify the complexities surrounding offshoring and its effects on the American workforce and economy.

Economic globalization is facing significant opposition from diverse groups, including environmentalists and human rights activists, who challenge free trade by framing it as a corporate agenda. Despite discrediting traditional protectionist arguments, these activists have mobilized large protests in cities like Seattle and Prague, advocating for justice and rights. The book explores the complexities of this modern landscape, highlighting the tensions between free trade advocates and those who argue for a more equitable approach to global economic policies.

Publisher's description: The riot-torn meeting of the World Trade Organization in Seattle in 1999 was only the most dramatic sign of the intensely passionate debate now raging over globalization, which critics blame for everything from child labour to environmental degradation, cultural homogenization, and a host of other ills afflicting poorer nations. Now Jagdish Bhagwati, the internationally renowned economist known equally for the clarity of his arguments and the sharpness of his pen, takes on the critics, revealing that globalization, when properly governed, is in fact the most powerful force for social good in the world today. Drawing on his unparalleled knowledge of international economics, Bhagwati explains why the "gotcha" examples of the critics are often not as they seem, and that in fact globalization often alleviates many of the problems for which it has been blamed. For instance, when globalization leads to greater general prosperity in an underdeveloped nation, it quickly reduces child labour and increases literacy (when parents have sufficient income, they send their children to school, not work). The author describes how globalization helps the cause of women around the world and he shows how economic growth, when coupled with the appropriate environmental safeguards, does not necessarily increase pollution. And to counter the charge that globalization leads to cultural hegemony, to a bland "McWorld," Bhagwati points to the example of Salman Rushdie, a writer who blends Bombay slang and impeccable English in novels touched by magic realism borrowed from South American writers. Globalization leads not to cultural white bread but to a spicy hybrid of cultures. With the wit and wisdom for which he is renowned, Bhagwati convincingly shows that globalization is part of the solution, not part of the problem. Anyone who wants to understand what's at stake in the globalization wars must read In Defense of Globalization

In the passionate debate that currently rages over globalization, critics have been heard blaming it for a host of ills afflicting poorer nations, everything from child labor to environmental degradation and cultural homogenization. Now Jagdish Bhagwati, the internationally renowned economist, takes on the critics, revealing that globalization, when properly governed, is in fact the most powerful force for social good in the world today. Drawing on his unparalleled knowledge of international and development economics, Bhagwati explains why the "gotcha" examples of the critics are often not as compelling as they seem. With the wit and wisdom for which he is renowned, Bhagwati convincingly shows that globalization is part of the solution, not part of the problem. This edition features a new afterword by the author, in which he counters recent writings by prominent journalist Thomas Friedman and the Nobel Laureate economist Paul Samuelson and argues that current anxieties about the economic implications of globalization are just as unfounded as were the concerns about its social effects.

The pattern of trade; Model and analytic relationships in ricardian theory; Ricardian theory and the pattern of trade; Alternative models and theories; Tariffs and trade equilibrium; Tariffs versus quotas; Trade and welfare in an opean economy; Recent theoretical developments

This collection of essays is dedicated to Arthur Dunkel who presided over the General Agreement on Tariffs and Trade (GATT) between 1980 und 1993. As Director-General during a crucial period for international trade, he is credited with being the chief architect of the Uruguay Round of Multilateral Trade Negotiations. Among the contributors in this volume are not only distinguished trade policy makers of today, eminent academics from international economics and law, and leaders of international institutions and business, but also prominent players in the Uruguay Round negotiations. Their experiences, reminiscences and analyses make this volume a unique contribution, offering a rare insight into what went into the Uruguay Round and the making of the World Trade Organization (WTO), and what lies beyond.