International Economics Commons^™

How Do The Asian Economies Compete With Japan In The Us Market, China Exceptional? A Triangular Trade Approach, Hiro Ito, Yushi Yoshida

Economics Faculty Publications and Presentations

Political conflicts among trading partners have changed their forms with ever-increasing flows of foreign direct investment. A decrease in the exports of Japan might merely be a reflection of a global production shift by Japanese multinational corporations. We investigate the effect of Japanese trade on the exports of other countries to the United States in the 1990s. In our sample we include eight Asian countries besides the US and Japan. With the trade data disaggregated at the HS 4-digit level, we regress the exports of an Asian country to the US on the Japanese exports to the US and the …

The Politics Of Wto Enforcement Mechanism, Pao Li Chang

Research Collection School Of Economics

This paper attempts to develop a formal economic framework to analyze the influences of domestic political considerations by democratic governments in shaping the WTO enforcement outcomes following a violation ruling against the defendant. Since a different mix of import and export sectors in the defendant and complainant country will benefit from the various potential enforcement outcomes, they become competing forces which steer the strategic interactions between the disputing governments. The results of the paper illustrate the complainant's strategy in selecting the retaliation list, and the likelihood of the defendant's compliance or compensation in response to the proposed or foreseeable retaliation, …

The Politics Of Wto Enforcement Mechanism, Pao Li Chang

Research Collection School Of Economics

This paper attempts to develop a formal economic framework to analyze the influences of domestic political considerations by democratic governments in shaping the WTO enforcement outcomes following a violation ruling against the defendant. Since a different mix of import and export sectors in the defendant and complainant country will benefit from the various potential enforcement outcomes, they become competing forces which steer the strategic interactions between the disputing governments. The results of the paper illustrate the complainant's strategy in selecting the retaliation list, and the likelihood of the defendant's compliance or compensation in response to the proposed or foreseeable retaliation, …

External Sector Policies In The 2004 Budget, Obadan I. Mike

Bullion

External sector problems have continued to pose serious challenges to economic management in Nigeria. There is the challenge of conducting trade policy within the framework of the World Trade Organisation's [WTO] rules and regulations without compromising the country's short and Iong-term interests. This paper discusses the policy thrusts with respect to three issues in 2004, viz: Trade policy, Exchange rate policy, and External debt management. In the last few years, the government appears to have recognized the need to conduct trade policy, specifically, trade liberalization in a sensible and orderly manner. Hence, the growing effective protection being accorded local industries. …

Respecting, Protecting And Fulfilling Economic And Social Rights: A Un Security Council?, William Felice

Human Rights & Human Welfare

Prepared for presentation at the 2004 International Studies Association Convention. Montreal Quebec, Canada. March 17 – 20, 2004.

Please do not cite this draft manuscript without permission from the author.

This paper may be freely circulated in electronic or hard copy provided it is not modified in any way, the rights of the author not infringed, and the paper is not quoted or cited without express permission of the author. The editors cannot guarantee a stable URL for any paper posted here, nor will they be responsible for notifying others if the URL is changed or the paper is taken …

Un Tren Que Pasa: La Lucha De La Faa Por Alcanzar La Representación En El Mercosur, Heather John

Independent Study Project (ISP) Collection

In response to the Common Market of the South (MERCOSUR) process of regional economic integration which began in 1991, in 1994 national organizations of family farmers from the member countries formed a transnational coalition entitled La Coordinadora de Organizaciones Agricultores Familiares del MERCOSUR (COPROFAM) to represent themselves at the regional level. This study examines the reasons why the Federación Agraria Argentina (FAA), the largest member from Argentina and a longstanding Argentine institution, chose to represent itself as part of a transnational coalition at this regional level. Furthermore, it attempts to answer what the obstacles and successes of COPROFAM have been …

Prospects And Problems Of Expanding Trade With Japan: A Survey Of Philippine Exporters, Rosalina Palanca-Tan

Economics Department Faculty Publications

The paper looks at firm-level factors that affect Philippine exports to Japan with the main objective of recommending provisions for the proposed Japan-Philippines Economic Partnership Agreement (JPEPA) that will enable existing and prospective Philippine exporters to fully exploit the potential of the Japanese market. To this end, the study identifies Philippine products with export prospects in Japan and conducts a SWOT (Strengths, Weaknesses, Opportunities, Threats) Analysis of these production sectors. The inability of the Philippine agricultural, processed food and consumer manufactures to successfully tap into the growing import markets of Japan can be traced largely to low quality and price …

The Empirical Relationship Between Exchange Rates And Interest Rates In Post-Crisis Asia, Hwee Kwan Chow, Yoonbai Kim

Research Collection School Of Economics

In post-crisis Asia, all crisis-hit countries (except Malaysia) announced a shift from exchange rate based monetary policy framework to the explicit adoption of inflation targeting that uses interest rates as the key monetary policy operating instrument. In this study, we examine the empirical relationship between exchange rates and interest rates, and investigate how the dynamics between them have changed following the crisis. This is carried out by constructing a bivariate VAR-GARCH model for each of the four Asian crisis countries, namely Indonesia, Korea, Philippines and Thailand. The findings suggest these countries do not use interest rate policy more actively to …

Trade, Capital Accumulation And Structural Unemployment: An Empirical Study Of The Singapore Economy, Hiau Looi Kee, Hian Teck Hoon

Research Collection School Of Economics

This paper studies the factors responsible for the secular decline of Singapore’s unemployment rate over the period 1966-2000 in an environment of low and stable inflation rates. We introduce wage bargaining and unions into a specific-factors, two-sector economy with an export sector and a non-tradable sector to obtain an endogenous natural unemployment rate. Increases in the relative export price and capital stock in the export sector are predicted to reduce structural unemployment. These hypotheses could not be rejected based on structural estimations and co-integration regressions. Empirically, capital accumulation in the export sector explains most of the decline in Singapore’s unemployment …

Why Is China So Competitive? Measuring And Explaining China's Competitiveness, F. Gerard Adams, Byron Gangnes, Yochanan Shachmurove

Research Collection School Of Economics

This paper evaluates factors responsible for the competitiveness of China in the world economy and relative to its East Asian rivals. China has been highly successful in capturing world export markets. Chinese competitiveness is not just a matter of an undervalued exchange and extremely low labor costs. It reflects primarily the coincidence of favorable cost conditions with improvements in China’s ability to produce products that meet world market specifications. These improvements are closely related to foreign participation in China’s economy through foreign direct investment and joint venture enterprises.

Have U.S. - Japan Trade Agreements Made A Difference?, Byron Gangnes, Craig Parsons

Research Collection School Of Economics

International trade is governed by a complicated patchwork of international treaties, bilateral agreements, and unilateral actions, often directed at trade in very specific commodities. A determination of the impact of trade measures begins with an assessment of their direct effect on trade volumes and prices in targeted sectors. While in some cases—such as the recent U.S. anti-dumping duties on steel—the measures have readily identifiable impacts, in others cases the effects are more difficult to determine.

Why Pakistan Should Exit The Imf Programme?, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Pakistan has formally conveyed its decision that the country does not wish to enter into a successor agreement with the IMF on completion of the current PRGF Programme at the end of 2004. This decision has evoked two kinds of responses – one that of relief that we will no longer be subjected to the harsh conditionalities of the Fund and second that of disbelief that the country is not yet ready to shed off this yoke and even if this is done it will only be for a temporary duration – in other words, it will not be sustainable.

Prescriptive Authority: Global Markets As A Challenge To National Regulatory System, David J. Gerber

All Faculty Scholarship

No abstract provided.

The Doha Round - 2004 Version, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

Thank you, Sherman Katz. It is a pleasure always to participate in this CSIS Seminar, which is becoming an annual reunion for former USTRs. Trade is always on the front burner of world affairs, but that burner is especially hot at the moment! And it is as hot here in the U.S. as it is anywhere. So let's turn to the Doha Round of World Trade Organization (WTO) negotiations, and see where we stand.

The Doha Round: Comin' Allve?, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

May I first pay compliments to the leadership of the Asian Development Bank for hosting this seminar. Asia has a huge stake in the success of the WTO generally, and the Doha Round specifically, but not everyone realizes that. So seminars of this _ nature are terribly important in providing focus to the Doha Round, encouragement to the negotiators, and in building public support for this endeavor. Let's hope we can accomplish those objectives here in Osaka.

United Nations: A Social Studies And Literature Simulation, Institute For The Development Of Gifted Education, Ricks Center For Gifted Children, University Of Denver

Ricks Curriculum Units Series

So much of education is about inspiration. As teachers and learners, all things poetic, justified, important and meaningful inspire us to be the best people we can be, active and fair in a world changing at awesome speeds and in sometimes, unimaginable ways. This curriculum for gifted learners' grade 5-8, was designed out of a sense of authentic inspiration around just the conceptual magnitude of the phrase, United Nations. Also written about, around, and in response to the events of September 11, 2001, this curriculum reflects only one of the ways in which the field of education has responded to …

Globalization Conference Opening Remarks, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Shaikh, A., PhD. (2001, May 7). ECO 108: R. Bernal, globalization and size [Unpublished handwritten notes]. Manuscript.

• Wedderburn, J. (2001, October 17). Letter to Anwar Shaikh regarding the Seventh Conference of the Association of Caribbean Economists (ACE) [Unpublished letter]. Manuscript.

• Wedderburn, J. (2001, October 17). Request from the Association of Caribbean Economists [Unpublished email correspondence]. Manuscript.

• Association of Caribbean Economists. (n.d.). VII Conference of Caribbean Economists: Preliminary programme (follow-up) [Unpublished conference document]. Manuscript.

• Greenhouse, S. (2005, May 12). Forced labor said to bind 12.3 million people around the world. The New …

Receiving The Headian Legacy: International Lawyers, South-To-North Resource Transfers, And The Challenge Of International Development, Obiora Chinedu Okafor

Articles & Book Chapters

Written over fifteen years ago by Ivan Leigh Head, a highly distinguished Canadian international lawyer, foreign policy expert, and international development thinker, the words contained in the above quotation point firmly at this great man's analytic incisiveness and hint at the sheer depth of his fairness of mind. For although the net transfer of resources from the much poorer geopolitical "South" to a far richer "North" remains to this day one of the most important obstacles to international development, rarely have the dominant accounts of international development given this phenomenon the pride of place that it surely deserves.

Two Papers - Profit & Competition Exchange Rates, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Anwar Shaikh. (2004). The power of profit. Social Research, 71(2), 389–431. Johns Hopkins University Press, Baltimore, MD.

• Anwar Shaikh. (1991, December 16; revised 1994, November). Competition and exchange rates: Theory and empirical evidence (Unpublished manuscript). Department of Economics, Graduate Faculty, The New School for Social Research, New York, NY.

Policy Watch: Trade Adjustment Assistance, Katherine Baicker, M. Marit Rehavi

Dartmouth Scholarship

No abstract provided.

International Trade And Labor Markets: Theory, Evidence, And Policy Implications, Carl Davidson, Steven J. Matusz

Upjohn Press

Davidson and Matusz develop simple yet compelling models that allow for documented differences in labor markets across countries in order to investigate the impact of trade and trade policies on society's underclass.

Transnational Labor Mobilizing In Two Mexican Maquiladoras: The Struggle For Democratic Globalization, Victoria Carty

Sociology Faculty Articles and Research

The struggle to improve workers' rights in Mexican maquiladoras and export processing zones elsewhere in the world is central to the politics of global economic integration. State-centered development is increasingly compromised by supranational institutions and trade agreements. Meanwhile, multinational corporations are relocating at an unprecedented rate to overseas locations. Export processing zones are notorious for poor working conditions and result in a "race to the bottom." The maquila sector in Mexico is a prime example of this phenomenon. This article uses two case studies to examine ways in which grassroots organizing has successfully resisted low wages and poor working conditions …

Third World Conference, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Folder cover titled third world conference. (2004, October 29). Unpublished folder cover [File folder].

• Handwritten notes titled “TW conf: theoretical discussion, session 2.” (2004, October 28). Unpublished handwritten notes [Manuscript]. (A. Shaikh, PhD, author).

• Lloyd, J. (2004, September 20). Foreign direct investment and its implications on development in less developed countries. Unpublished manuscript.

• Schedule for the New School University graduate student conference: Critical perspectives on third world development. (2004, October 29). Unpublished conference schedule. The New School University.

My Trade Papers, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. Globalization and the myth of free trade [Book-chapter excerpt]. (n.d.).
• Nayyar, D. Globalization and free trade: Theory, history, and reality [Opening page of a book chapter]. (n.d.).
• Shaikh, A. (2004, February). The economic mythology of neoliberalism [Annotated essay manuscript].
• Shaikh, A. (1979, Fall). Foreign trade and the law of value: Part I [Journal article]. Science & Society.
• Shaikh, A. (1980). Foreign trade and the law of value: Part II [Journal article]. Science & Society.
• Shaikh, A. M. Free trade, unemployment, and economic policy [Book-chapter excerpt]. (n.d.).
• Shaikh, A. The laws of international exchange …

Building A Better World, Pierre Landell-Mills

Human Rights & Human Welfare

A review of:

The Global New Deal: Economic and Social Rights in World Politics by William Felice. Lanham, MD: Rowman & Littlefield, 2002. 204pp.

The Politics Of Wto Enforcement Mechanism, Pao-Li Chang

Research Collection School Of Economics

This paper attempts to develop a formal economic framework to analyze the influences of domestic political considerations by democratic governments in shaping the WTO enforcement outcomes in the wake of a violation ruling against the defendant. Since a different mix of import and export sectors in the defendant and complainant country will benefit from the various potential enforcement outcomes, they become competing forces which steer the strategic interactions between the disputing governments. The results of the paper illustrate the complainant’s strategy in selecting the retaliation list, and the likelihood of the defendant’s compliance or compensation in response to the proposed …

Building A Better Seating Chart For Sovereign Restructurings, Anna Gelpern

Georgetown Law Faculty Publications and Other Works

Every sovereign debt restructuring in recent memory has wrestled with the problem of inter-creditor equity. Governments have discriminated among creditors in ways that were hard to predict and often were not revealed until after a debt default. In contrast, debts of firms, individuals and even localities are ranked in order of priority established by contract and statute. This ranking is known at borrowing, generally corresponds to the order of repayment in bankruptcy liquidation, and helps define the creditors' relative bargaining power in reorganization. Without a bankruptcy backstop, most debts of national governments are legally equal. Yet in practice, sovereign immunity …

The Ethnic Question In Law And Development, Lan Cao

Faculty Publications

No abstract provided.

Compatibility Of A Western Systemic Approach For Handling Complex, Pluralist And Coercive Problems In Developing Countries: A Case Study Of Micro Satellite Development In Indonesia, Alexander Sudibyo

Theses: Doctorates and Masters

In this era of globalization, there has been much western investment in the eastern world, increasing the number of large projects financed by internal and foreign investments. It was thought a challenging proposition to investigate whether systemic approaches could be used in eastern developing countries that are in transition between Toffler’s first (agricultural focused) and second (industrial centered) waves of economic development.