Tariffs and the future of trade / Eamon Doyle, book editor
- New York : Greenhaven Publishing, 2020.
- First edition.
- Physical Description:
- 200 pages ; 24 cm.
- Additional Creators:
- Doyle, Eamon, 1988-
- Current controversies
- Machine generated contents note: Overview: What Are Tariffs, What Is a Trade War, and Why Are They Important? -- Using the Trump administration's tariff policies as an example, trade policy consultant Michael Johnson provides an overview of basic international trade concepts and associated political issues. / Michael Johnson -- Yes: Aggressive Trade Policies Are a Way to Exert International Influence Without Violence / Michael Johnson -- It May Not Be the Answer Today, but Protectionism Has Worked in the Past / Michael Johnson -- Chinese economist Zhang Jun explains how tariffs and other protectionist policies have been effective in the past-such as the US effort to contain the impact of Japanese growth in the 1980s-while cautioning that such approaches are often counterproductive and harmful. / Zhang Jun -- Protectionism and Economic Theory / Zhang Jun -- Economics lecturer Alexander Tziamalis examines the history of protectionism and the different ways in which economic theorists have accounted for its drawbacks and benefits. / Alexander Tziamalis -- He also points to contemporary examples to demonstrate its continuing role in the global economy. / Alexander Tziamalis -- International Strategy and the Viability of Tariffs / Alexander Tziamalis -- In this viewpoint, American journalist Evan Horowitz argues that tariffs should not be viewed as inherently good or bad. / Evan Horowitz -- Rather, he suggests that their effectiveness depends mostly on the larger context of a country's international strategy. / Evan Horowitz -- No: Tariffs Cause Harm to Businesses and Increase Financial Volatility / Evan Horowitz -- The Potential Hazards of a Trade War Between the United States and China / Evan Horowitz -- Linda Yueh explores the potential risks of a tit-for-tat trade war between the United States and China. / Linda Yueh -- Using these risks as an example, she argues that trade hostilities are usually harmful for all involved. / Linda Yueh -- There Is No Upside to Engaging in a Trade War / Linda Yueh -- Economist Robert Higgs argues that the Trump administration's aggressive trade policies reflect a deeply misguided view of both economic theory and policy. / Robert Higgs -- There is, he suggests, no real advantage to be gained from pursuing trade war tactics when you examine the economic science of global trade. / Robert Higgs -- The Cost of a Large-Scale Trade War for the Global Economy / Robert Higgs -- Using the example of a potential US-China trade conflict, historian Manoj Joshi explains how the negative effects of trade hostilities reverberate throughout the world. / Manoj Joshi -- He expands this argument to show how trade hostilities can damage cultural and political relations in addition to economic systems. / Manoj Joshi -- To Understand the Benefits of Free Trade, Consider US History / Manoj Joshi -- Jason Margolis draws on examples from US history from the colonial era to the Great Depression to demonstrate the broad benefits of maintaining a free trade environment. / Jason Margolis -- Overview: A History of Economic Theory on Trade Policy / Jason Margolis -- Author and economist William Krist describes how prevailing theories on trade policy have evolved since the era of early capitalist writers like Adam Smith. / William Krist -- He also analyzes how modern dynamics in the global economy, including changes to trade agreements, affect domestic labor markets in the United States and around the world. / William Krist -- Yes: Most of the Benefits of Free Trade Are for Business Owners and Consumers / William Krist -- The Impact of Globalization on Labor Markets and Income Distribution / William Krist -- Economists Uri Dadush and William Shaw explore the structural tendencies of globalized capitalism, including how its effects can increase domestic income inequalities while still leveling the field for workers on a global scale. / Uri Dadush / William Shaw -- Why International Cooperation on Labor Standards Is Important / International Labour Organization / Uri Dadush / William Shaw -- Originally published by the International Labour Organization (ILO), this viewpoint outlines the risks of globalization from the perspective of working class populations. / Uri Dadush / William Shaw -- ILO argues that sustainable economic development on a global scale requires the establishment of basic employment standards and labor norms. / Uri Dadush / William Shaw -- Globalization and the Distribution of Its Benefits / Uri Dadush / William Shaw -- Xavier Devictor summarizes data trends related to opportunity, income, and global free trade. / Xavier Devictor -- He argues that major disparities exist in the distribution of globalization's rewards, not only between social classes but also between countries, industries, and professions. / Xavier Devictor -- No: Free Trade Promotes Economic Growth and Development in All Areas, Including Labor Markets / Xavier Devictor -- Everyone Benefits from a Global Free Trade Environment / Xavier Devictor -- Analyst Denise Froning argues in favor of free trade and globalization. / Denise Froning -- Her central point is that the interdependence of economic systems across the world ensures a widespread distribution of globalization's benefits, even when its direct effects appear to advantage one group or region over another. / Denise Froning -- Evidence Shows that International Trade Agreements Benefit the US Labor Market / Denise Froning -- In this viewpoint, originally published by the National Customs Brokers & Forwarders Association of America (NCBFAA), Brandon Scudder examines the impact of globalization on the US labor market. / Brandon Scudder -- He focuses specifically on the effects of the North American Free Trade Agreement (NAFTA) and the establishment of the World Trade Organization (WTO) in the 1990s. / Brandon Scudder -- Workers Are Also Consumers, and Protectionism Drives Up Costs for All Consumers / Brandon Scudder -- Economists Kutlina-Dimitrova and Lakatos approach the question of globalization's benefits from the perspective of consumers, rather than the more common framework of income and work opportunity. / Zornitsa Kutlina-Dimitrova / Csilla Lakatos -- Because globalization leads to greater choice and lower costs for all consumers, it is inaccurate to suggest its benefits are less accessible for working-class populations. / Zornitsa Kutlina-Dimitrova / Csilla Lakatos -- The Benefits of Free Trade Far Outweigh the Costs, Including for Workers / Zornitsa Kutlina-Dimitrova / Csilla Lakatos -- Revenga and Gonzales examine data on economic growth, income, and global integration from a variety of countries around the world. / Ana Revenga / Anabel Gonzales -- They conclude that the effects of global free trade have been overwhelmingly positive. / Ana Revenga / Anabel Gonzales -- Overview: What Is Globalization and What Are Its Effects? / Ana Revenga / Anabel Gonzales -- This viewpoint explores the basic concept of globalization and outlines a number of different frameworks for analyzing its impact on industrialized, developing, and less-than-developed nations. / Lumen Learning -- Yes: Globalization Has Increased Volatility and Does Not Serve the Common Good / Lumen Learning -- Globalization and Islam / Lumen Learning -- In this viewpoint, cultural historian Mohd Abbas Abdul Razak looks at how Western-oriented globalization has affected Islamic culture. / Mohd Abbas Abdul Razak -- He argues that certain factors, such as the increasingly global footprint of American corporations, have exacerbated anxieties about Western influence in Islamic society. / Mohd Abbas Abdul Razak -- The Impact of Globalization on Cultural Diversity and Heritage / UNESCO Publications / Mohd Abbas Abdul Razak -- In this viewpoint, the United Nations Educational, Scientific, and Cultural Organization (UNESCO) outlines the potential drawbacks of economic globalization for local cultures around the world. / Mohd Abbas Abdul Razak -- The argument focuses on qualitative sources of value-such as cultural expression-and how the homogenization of global commerce can threaten the integrity of these factors. / Mohd Abbas Abdul Razak -- Financial Globalization Can Lead to Increased Volatility / Mohd Abbas Abdul Razak -- IMF economist Jonathan D. Ostry identifies three main components of globalization: goods, labor, and capital. / Jonathan D. Ostry -- He explores how cross-category dynamics can impact the global financial system in ways that increase risk and volatility. / Jonathan D. Ostry -- Globalization's Negative Impacts on Mental Health Among People from Non-Western Cultures / Jonathan D. Ostry -- Gopalkrishnan argues that while globalization has led to greater interaction between cultures and migration between countries, health care and particularly mental health care demonstrate one of the ways globalization harms individuals from non-Western communities. / Narayan Gopalkrishnan -- With medicine and mental health care oriented around Western practices, patients from other cultures often do not receive care suited for them. / Narayan Gopalkrishnan -- No: The Global Economy Is a Source of Peace, Prosperity, and Innovation / Narayan Gopalkrishnan -- Trade Policy and the Economic Health of the United States / The World Trade Organization / Narayan Gopalkrishnan -- This viewpoint, originally published by the World Trade Organization (WTO), looks at the impact of US trade agreements in the late twentieth century and argues that protectionist policies represent a threat to the overall viability of the modern US economy. / Narayan Gopalkrishnan -- Critics Often Exaggerate the Scale and Depth of Globalization / Narayan Gopalkrishnan --
Contents note continued: In this viewpoint, economist Pankaj Ghemawat suggests that critics of globalization and free trade have exaggerated the impact of globalization on negative economic trends, many of which are caused by a confluence of factors. / Pankaj Ghemawat -- Ghemawat argues that the complexity of global economics makes it difficult to ascribe such trends to a single factor like trade liberalization. / Pankaj Ghemawat -- Critics of Global Capitalism and Free Trade Are Missing the Bigger Picture / Pankaj Ghemawat -- Michael Matheson Miller rejects the notion that liberal trade policies damage the integrity of local cultures. / Michael Matheson Miller -- He suggests that a holistic view of economics and culture allows one to see the relationship between these dynamics in terms of evolution rather than conflict. / Michael Matheson Miller -- Protectionism Harms Consumers and Workers / The World Bank Group / Michael Matheson Miller -- Though originally published in 1987, the long view of global trade presented in this viewpoint remains relevant to this day. / Michael Matheson Miller -- It discusses the history of trade liberalization and the positive impacts it had on global prosperity, while also arguing that protectionist policies are ineffective at saving domestic jobs and ultimately harm consumers around the world. / Michael Matheson Miller.
- 9781534505452 (library bound)
- Bibliography Note:
- Includes bibliographical references and index.
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