An introduction to trade and globalisation /

International trade has created a highly interdependent world. Everyday products - such as phones, trainers or cars - are designed, manufactured and assembled across several different countries, by countless different companies, both large and small, involving millions of people of all nationalities...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Butler, Eamonn (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London : Institute of Economic Affairs in association with London Publishing Partnership Ltd, 2021.
Temas:
Globalization > Economic aspects.
Mondialisation.
globalism.
Globalization > Economic aspects
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Intro
  • The author
  • Introduction
  • 1 The nature of trade
  • Trade is (and was) everywhere
  • Specialisation and efficiency
  • Concerns over winners and losers
  • Protectionism
  • Efforts to reduce trade barriers
  • Transnational corporations
  • Trade as a moral good
  • The future of trade
  • PART ONE
  • THE RISE OF TRADE
  • 2 The origins of trade
  • Stone Age trade
  • Records and recriminations
  • Gift exchange and the money revolution
  • Medieval trading routes
  • New ideas and new worlds
  • 3 The rise of international trade
  • The mercantilist era
  • Faltering moves towards free trade
  • Farewell to the Corn Laws
  • An era of more open trade
  • The decline of free trade policies
  • PART TWO
  • THE PRINCIPLES OF TRADE
  • 4 The theory of trade
  • Exchange and value
  • Specialisation
  • Comparative advantage
  • Unequal advantages and trade
  • Who trades with whom?
  • Defying gravity?
  • 5 The benefits of trade
  • Static gains from trade
  • Dynamic gains from trade
  • Non-material benefits
  • PART THREE
  • DOUBTS ABOUT TRADE
  • 6 Winners and losers in trade
  • Economic change creates winners and losers
  • Dislocation in richer countries
  • Labour productivity
  • Change and globalisation
  • Exposure to competition
  • 7 Concerns about globalisation
  • Coercion of poorer countries
  • Perpetual lag?
  • Import substitution
  • The fair trade movement
  • Exploitation of poor workers
  • Environmental concerns
  • Cultural imperialism
  • PART FOUR
  • PROTECTIONISM
  • 8 Protectionism: politics, tools, problems
  • The politics of protectionism
  • The tools of protectionism
  • Which firms to protect?
  • Unintended consequences
  • The cost of protectionism
  • 9 Arguments for protectionism
  • The infant industries argument
  • Anti-dumping argument
  • Labour standards
  • Product standards and biosecurity
  • Security concerns
  • Sanctions
  • 10 Balance of payments deficits
  • The balance of payments
  • Deficits are not always a problem
  • Country-to-country deficits
  • Exchange rates
  • Government intervention
  • PART FIVE
  • TRADE TODAY
  • 11 Free trade redux
  • Post-war commitment to trade
  • Broadening horizons
  • Different approaches
  • Examples of regional trade agreements
  • 12 Transnational corporations
  • Managing global value chains
  • The origins of TNCs
  • Uncertain boundaries
  • How powerful are TNCs?
  • 13 Trade and morality
  • Two views of trade
  • Trade and liberal values
  • Trade and equality
  • The moral value of trade
  • PART SIX
  • THE FUTURE OF TRADE
  • 14 Trends and lessons
  • The benefits of international trade
  • Trends and challenges
  • Political challenges to free trade policies
  • The pressure for protection
  • The need for adaptability
  • References
  • Further reading
  • About the IEA
  • Blank Page

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