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Begin New Search Topic International Political Economy Political Geography Global Focus Publishing Institution Berkeley APEC Study Center

1. Assault on the Liberal Trading Order

Author:
Vinod K Aggarwal
Publication Date:
11-2017
Content Type:
Commentary and Analysis
Institution:
Berkeley APEC Study Center
Abstract:
Given the hotly contested U.S. presidential election and the surprising victory of Donald Trump, followed by the flurry of executive actions, it is easy to lose sight of the broader challenges to the U.S.-promoted post-Second World War economic order. My analysis proceeds in four parts. First, I consider how we have moved away from multilateral to bilateral trade negotiations. Second, I consider how the consensus for a liberal trade order has frayed, focusing on systemic changes, U.S. domestic political economic conflicts, and a rethinking of the ideological consensus around the benefits of free trade. Third, I highlight factors that drove the demise of TPP. I conclude by looking at the future of trade accords in the Asia-Pacific.
Topic:
International Political Economy and International Affairs
Political Geography:
Global Focus

2. Overselling the Trans pacific Partnership: The Trade Security Nexus

Author:
Vinod K Aggarwal
Publication Date:
01-2017
Content Type:
Commentary and Analysis
Institution:
Berkeley APEC Study Center
Abstract:
For decades, first under the auspices of the General Agreement on Tariffs and Trade (GATT) and then its successor organization the World Trade Organization (WTO), countries successfully negotiated the reduction of both tariffs and nontariff barriers every few years. But in December 2015, after 14 years of fruitless negotiations, WTO members terminated the Doha Round.
Topic:
International Political Economy and International Affairs
Political Geography:
Global Focus