Hardback
The Political Economy of Trade Reform in Emerging Markets
Crisis or Opportunity?
9781848440500 Edward Elgar Publishing
This timely book brings fresh analysis to the important issue of trade policy reform in emerging markets.
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Critical Acclaim
Contributors
Contents
More Information
This timely book brings fresh analysis to the important issue of trade policy reform in emerging markets.
The subject matter and its significance are comprehensively introduced with a review of developing country liberalization since the 1980s providing an analytical framework for the seven country case studies that follow. The case studies (Australia, Brazil, Chile, India, Malaysia, New Zealand, and South Africa) cover a wide variety of political, historical and economic issues, but all make clear the important role that crisis, or the threat of it, plays in meaningful trade policy reform. This is of particular relevance in the current global financial crisis. These studies, together with the conclusions which are drawn from them, show how important the trade liberalization agenda remains in the 21st century.
Written by a combination of both experts and practitioners, this highly topical book will make productive reading for policy makers concerned with trade policy in developed and developing countries, as well as scholars working in trade policy. Postgraduate students studying international business, international relations, economics, politics, and international law should not be without this book.
The subject matter and its significance are comprehensively introduced with a review of developing country liberalization since the 1980s providing an analytical framework for the seven country case studies that follow. The case studies (Australia, Brazil, Chile, India, Malaysia, New Zealand, and South Africa) cover a wide variety of political, historical and economic issues, but all make clear the important role that crisis, or the threat of it, plays in meaningful trade policy reform. This is of particular relevance in the current global financial crisis. These studies, together with the conclusions which are drawn from them, show how important the trade liberalization agenda remains in the 21st century.
Written by a combination of both experts and practitioners, this highly topical book will make productive reading for policy makers concerned with trade policy in developed and developing countries, as well as scholars working in trade policy. Postgraduate students studying international business, international relations, economics, politics, and international law should not be without this book.
Critical Acclaim
‘. . . few if any other recent volumes offer a historical perspective on evolving trade policy in several countries, this well-written, well-edited volume. . . is suitable for graduate and research libraries.’
– M. Larudee, Choice
‘This book is a refreshing reminder of the benefits of unilateral trade liberalisation in countries whose leaders dare. An important story told with clarity and authority.’
– Ross Garnaut, The Australian National University, Australia
‘That trade liberalization is good for emerging market economies, and not just for the rich ones, is now widely accepted by both economists and policy-makers. But the question remains: how can these reforms be implemented in practice? The answer to that important question lies in understanding the political economy of each reforming country. This book makes a splendid contribution to our understanding of this issue by examining the experience of several countries. It is therefore an important book to be read by, not just students and researchers, but also policy-makers worldwide.’
– Jagdish Bhagwati, Columbia University, US
– M. Larudee, Choice
‘This book is a refreshing reminder of the benefits of unilateral trade liberalisation in countries whose leaders dare. An important story told with clarity and authority.’
– Ross Garnaut, The Australian National University, Australia
‘That trade liberalization is good for emerging market economies, and not just for the rich ones, is now widely accepted by both economists and policy-makers. But the question remains: how can these reforms be implemented in practice? The answer to that important question lies in understanding the political economy of each reforming country. This book makes a splendid contribution to our understanding of this issue by examining the experience of several countries. It is therefore an important book to be read by, not just students and researchers, but also policy-makers worldwide.’
– Jagdish Bhagwati, Columbia University, US
Contributors
Contributors: P. Alves, M. Ariff, B. Bowen, P. Draper, L. Edwards, S. Herreros, G.P. Lopez, M. Marconini, S. Narayan, R. Sally, R. Sandrey
Contents
Contents:
Foreword
Preface
1. Introduction: Trade Liberalization in the Twenty-first Century
Razeen Sally
PART I: THE COMPREHENSIVE REFORMERS
2. Australia
Bill Bowen
3. Chile
Sebastián Herreros
4. New Zealand
Ron Sandrey
PART II: THE PARTIAL REFORMERS
5. Malaysia
Mohamed Ariff and Gregore Pio Lopez
6. Brazil
Mario Marconini
7. India
S. Narayan
8. South Africa
Philip Alves and Lawrence Edwards
9. Conclusion: What Lessons for the Twenty-first Century?
Razeen Sally and Philip Alves
Index
Foreword
Preface
1. Introduction: Trade Liberalization in the Twenty-first Century
Razeen Sally
PART I: THE COMPREHENSIVE REFORMERS
2. Australia
Bill Bowen
3. Chile
Sebastián Herreros
4. New Zealand
Ron Sandrey
PART II: THE PARTIAL REFORMERS
5. Malaysia
Mohamed Ariff and Gregore Pio Lopez
6. Brazil
Mario Marconini
7. India
S. Narayan
8. South Africa
Philip Alves and Lawrence Edwards
9. Conclusion: What Lessons for the Twenty-first Century?
Razeen Sally and Philip Alves
Index
