Peace and prosperity through world trade

Description

The International Chamber of Commerce (ICC) was created in 1919 by business leaders who described themselves as 'merchants of peace' and whose motto was 'world peace through world trade'. Since then a number of initiatives, including the founding of the WTO in 1995, have provided the proper regulatory conditions for a dramatic increase in world trade. This has generated unprecedented growth and allowed many countries to enjoy great gains in wealth and welfare. Yet despite these gains we are still far from achieving the ICC's goal of world peace through world trade. This book provides a broad overview of the forces that shape international trade and global interdependence, showing business leaders and entrepreneurs how we can address the shortcomings of the multilateral trading system. Most importantly, it shows how we can turn international trade into one of the key global instruments to achieve peace and prosperity in the twenty-first century ''The International Chamber of Commerce (ICC) was created in 1919 by business leaders who described themselves as 'merchants of peace' and whose motto was 'world peace through world trade'. Since then a number of initiatives, including the founding of the WTO in 1995, have provided the proper regulatory conditions for a dramatic increase in world trade. This has generated unprecedented growth and allowed many countries to enjoy great gains in wealth and welfare. Yet despite these gains we are still far from achieving the ICC's goal of world peace through world trade. This book provides a broad overview of the forces that shape international trade and global interdependence, showing business leaders and entrepreneurs how we can address the shortcomings of the multilateral trading system. Most importantly, it shows how we can turn international trade into one of the key global instruments to achieve peace and prosperity in the twenty-first century''--Provided by publisher.  Read more... Preface: the ICC vision / Victor Fung -- Historical overview and dynamics / Jean-Pierre Lehmann -- Part A. Global systemic transformations: A1. Trade in the new Asian hemisphere / Kishore Mahbubani; A2. US allegiance to the multilateral trading system: from ambivalence to shared leadership / James Bacchus; A3. Trade for development: the case of China / Gang Fan; A4. Trade in the USA-China relationship / Edward Gresser; A5. Unravelling India and strengthening external engagement for sustainable growth / Raju Kanoria; A6. Japan's contribution to an open trading system / Shujiro Urata; A7. Rebalancing Korean trade policy: from bilateral to multilateral free trade / Soogil Young; A8. Vietnam: a rising Asian tiger? / Natasha Hanshaw; A9. The European compact on trade still stands / Fredrik Erixion; A10. Synergies with the Russian Federation / Fabrice Lehmann; A11. Reasons for an optimistic future view of trade and Latin America / Félix Peña; A12. Is the Brazilian giant finally awakening? / Umberto Celli; A13. The Arab region and the GCC in tomorrow's trade / Abdulaziz Sager; A14. Growing African trade amid global economic turmoil / Mills Soko -- Part B. Governance of global trade: B1. Securing the global trade regime: the demand for global governance / Richard Higgott; B2. Trade and the future of the WTO / Parick Messerlin; B3. WTO reform: time to start is now / Uri Dadush; B4. 'Murky protectionism' and the WTO / Simon Evenett; B5. Preferential trade agreements: imagining a world with less discrimination / Elisa Gamberoni and Richard Newfarmer; B6. The G-20 after the Great Recession: rebalancing trade / Bruce Stokes; B7. The missing piece: global imbalances and the exchange rate regime / Paola Subacchi; B8. Trading knowledge fairly: intellectual property rules for global prosperity and environmental sustainability / Carolyn Deere-Birkbeck; B9. Trade and subsidies: undermining the trading system with public funds / Mark Halle; B10. Trading labour: a dilemma for migration regimes / Pradeep S. Mehta -- Part C. Poverty and global inequities: C1. Trade and poverty: an old debate rekindled / Carols A. Primo Braga; C2. Trade policy as an instrument of social justice/ Veena Jha; C3. Trade, employment and global responsibilities / Marion Jansen; C4. Misconceptions about the WTO, trade, development and aid / Faizel Ismail; C5. Two hundred years after Jefferson / Iqbal Quadir; C6. Trade, coercive forces and national governance / Franklin Cudjoe; C7. Gender equality in trade / Haifa Fahoum Al Kaylani; C8. Trading health for comfort / Bright B. Simons; C933. Unlocking entrepreneurial potential / Karen Wilson; C10. Trade and security: a vital link to sustainable development in a troubled world / Talaat Abdel-Malek -- Part D. Long view on interlocking crises: D1. Trade and sustainable development: the ends must shape the means / Ricardo Meléndez-Oriz; D2. Trade and climate change: the linkage / Doaa Abdel Motaal; D3. Destructive trade winds: trade, consumption and resource constraints / Chandran Nai; D4. Trade and energy: a new clean energy deal / Alexander van de Putte; D5. Agriculture and international trade / Manzoor Ahmad; D6. Water scarcity: how trade can make a difference / Herbert Oberhänsli; D7. Water resources: a national security issue for the Middle East / Nidal Salim and Nina Ninkovic; D8. Trade, technology transfer and institutional catch-up / Marc Laperrouza; D9. A frail reed: the geopolitics of climate change / Cho-oon Khong -- Part E. Global business responsibilities: E1. Responsible leadership / John Wells; E2. For great leadership / Surendra Munshi; E3. A lesson on trade, regulation and competition policy? / Arthur E. Appleton; E4. International trade and business ethics / Stewart Hamilton; E5. Who's driving twenty-first century innovation?: who should? / Bill Fischer; E6. Responsible sourcing / Martin Wassell; E7. Trade, international capital flows and risk management / Thierry Malleret; E8. Trade, corporate strategies and development / Michael Garrett; E9. How can trade lead to inclusive growth? / Ravi Chaudhry; E10. Trade and human rights: friends or foes? / Céline Charvériat and Romain Benicchio; E11. Trade: the spirit and rule of law / Valérie Engammare