Synopses & Reviews
Review
"This is a 'big picture' book about the world economy, rooted in a detailed study of the institutions and norms that affect cross-border transactions, especially those of developing countries. Put it on your reading list if you are interested in the governance of the world economy, and also if you are interested in reforming the teaching of economics away from the current curriculum dominated by mathematical technique and towards topics from institutional economics, political science and sociology." --Robert H. Wade, Professor of Political Economy, London School of Economics and Political Science
Review
“[This] book is particularly good at introducing complex events such as the Doha and technical instruments such as bilateral investment treaties […] it provides a highly readable and straightforward account of these issues, and the use of numerous tables helps to convincingly illustrate the unequal distribution of trade gains and the lack of standardization across multilateral trade regulations.” —Courtney Lindsay, “Caribbean Journal of International Relations & Diplomacy”
Synopsis
Collecting and synthesizing a series of essays on the political economy of trade and development policy, this book explores the following research questions: to what extent is the global trading regime reducing the ability of nation states to pursue policies for financial stability and economic growth; and what political factors explain such changes in policy space over time, across different types of trade treaties and across nations?
About the Author
Kevin P. Gallagher is associate professor in the Department of International Relations at Boston University, where he is coordinator of the Global Development Policy Program and the Global Economic Governance Initiative.
Table of Contents
Preface and Acknowledgments; List of Tables, Figures and Boxes; Chapter 1: Introducing the Clash of Globalizations; Chapter 2: Losing Control: Policy Space to Regulate Cross-Border Financial Flows; Chapter 3: The New Vulture Culture: Sovereign Debt Restructuring and International Investment Rules; Chapter 4: Whither the Developmental State? Industrial Policy and Development Sovereignty; Chapter 5: Understanding Developing Country Resistance to the Doha Round; Chapter 6: Trading Away the Ladder? Trade Politics and Economic Development in the Americas; Chapter 7: Putting Development First: Trade Policy for the Twenty-first Century; References; Index