Reinventing the American DreamAmericans and others have historically been inspired by the idea of the American Dream. And now, for so many, the rough landing at end of the first decade of the 21st cen
Arguments for protection and against free trade have seen a revival in developed countries such as the United States and Great Britain as well as developing countries such as India. Given the clear b
In an age of globalization, free trade should be synonymous with prosperity for all. Yet too often, small farmers, indigenous peoples, people with HIV, and others are left out of the picture. This boo
The International Chamber of Commerce (ICC) was created in 1919 by business leaders who described themselves as 'merchants of peace' and whose motto was 'world peace through world trade'. Since then a number of initiatives, including the founding of the WTO in 1995, have provided the proper regulatory conditions for a dramatic increase in world trade. This has generated unprecedented growth and allowed many countries to enjoy great gains in wealth and welfare. Yet despite these gains we are still far from achieving the ICC's goal of world peace through world trade. This 2010 book provides a broad overview of the forces that shape international trade and global interdependence, showing business leaders and entrepreneurs how we can address the shortcomings of the multilateral trading system. Most importantly, it shows how we can turn international trade into one of the key global instruments to achieve peace and prosperity in the twenty-first century.
For decades, free trade was advocated as the vehicle for peace, prosperity, and democracy in an increasingly globalized market. More recently, the proliferation of foreign direct investment has raised
The International Chamber of Commerce (ICC) was created in 1919 by business leaders who described themselves as 'merchants of peace' and whose motto was 'world peace through world trade'. Since then a number of initiatives, including the founding of the WTO in 1995, have provided the proper regulatory conditions for a dramatic increase in world trade. This has generated unprecedented growth and allowed many countries to enjoy great gains in wealth and welfare. Yet despite these gains we are still far from achieving the ICC's goal of world peace through world trade. This 2010 book provides a broad overview of the forces that shape international trade and global interdependence, showing business leaders and entrepreneurs how we can address the shortcomings of the multilateral trading system. Most importantly, it shows how we can turn international trade into one of the key global instruments to achieve peace and prosperity in the twenty-first century.
Looks at a variety of ancient civilizations around the world and shows how trade and commerce became the catalyst for development, advancement, and prosperity.
Justifying traditional U.S. assistance to middle-income countries is an increasingly difficult proposition, and refocusing limited U.S. government development resources away from middle-income countri
Trade that straddles borders in Central Asia plays a vital role in the livelihoods of border communities and buttresses prosperity in often poor regions. By strengthening commercial ties, cultural un
From the nation-building of Alexander Hamilton to the trade wars of Donald Trump, trade policy has been a key instrument of American power and wealth. The open trading system that the United States sponsored after the Second World War serves US interests by promoting cooperation and prosperity, but also allows the allies to become more independent and China to rise. The case studies in Trade and American Leadership examine how the value of preferential trade programs is undercut by the multilateral liberalization that the United States promoted for generations, and how trade sanctions tend either to be too economically costly to impose or too modest to matter. These problems are exacerbated by a domestic political system in which the gains from trade are unevenly distributed, power is fragmented, and strategies are easily undermined. Trade and American Leadership places special emphasis on today's challenges, and the rising danger of economic nationalism.
The open world trading system, which has buttressed postwar prosperity and promoted harmony among nations, is under severe strain. Protectionist pressures and actions are rising in most countries, inc
Sustainable economic development has played a major role in the decline of global poverty in the last two decades. There is no doubt that competitive markets are key drivers of economic growth and pro
