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330 results in International economics

Page 1 of 17

International Financial Institutions and Sustainable Development
  • Lawmaking and Accountability
  • Johanna Aleria P. Lorenzo
  • Coming soon
  • Expected online publication date:
    June 2025
    Print publication:
    30 June 2025
  • Balancing theoretical and practice-oriented elements, this book introduces researchers, teachers, and students in international sustainable development law to the IFIs' safeguard policies. It also scrutinizes the case law of independent accountability mechanisms that interpret those policies and afford recourse to individuals and communities adversely affected by development projects. The book's focus on the procedural and substantive features of IFIs' safeguard systems contributes to a more concrete understanding of these organizations' participation in the international lawmaking process on sustainable development. It puts IFIs in the spotlight and provides an international legal critique of their activities to match their notoriety in popular consciousness and to enhance their accountability to those they harm. By approaching international (economic) law and sustainable development through the lens of economic, environmental, and social issues arising in development projects primarily in the Global South, the book presents a needed counterbalance to existing literature on the topic.

The Concept Design of a Twenty-First Century Preferential Trade Agreement
  • Trends and Future Innovations
  • Edited by Kathleen Claussen, Manfred Elsig, Rodrigo Polanco
  • Published online:
    04 April 2025
    Print publication:
    06 March 2025
  • The Concept Design of a 21st Century Preferential Trade Agreement describes the current status and possible future evolution of trade agreements. The individual contributions provide fine-grained analyses of the various challenges trade agreements face and how these differ across countries. The book brings together leading researchers from international law and international relations to provide conceptual and empirical insights to inform the ongoing reform debates. By taking stock of scholarly advances, the book further aims at stimulating cross-fertilization in the study of trade agreements in the field of international economic law. This title is also available as Open Access on Cambridge Core.

The Making of an International Investment Facilitation Framework
  • Legal, Political and Economic Perspectives
  • Edited by Axel Berger, Manjiao Chi
  • Published online:
    13 March 2025
    Print publication:
    20 March 2025
  • This book comprehensively investigates the rationale and effects of the first multilateral agreement on investment facilitation for development, including the interests of key WTO members. It adopts a multidisciplinary, transregional and data-driven approach to explore the political, economic and legal aspects pertaining to the most recent WTO agreement. The book highlights how this agreement broadens the scope of the WTO to the contentious area of foreign investment and adopts the innovative facilitation approach. The book presents cutting-edge research on the (non-)adoption of investment facilitation worldwide, the economic impact of the agreement, its legal implications and the political economy explaining why the investment facilitation for development agreement came about. The book brings together leading experts from various disciplines and practices and aims at inspiring more substantive research in this new field of international economic rule-making. This title is also available as Open Access on Cambridge Core.

International Finance
  • Menzie D. Chinn, Douglas A. Irwin
  • Published online:
    14 January 2025
    Print publication:
    16 January 2025
  • Understanding the globalized world economy is more important than ever before. This book provides a clear, concise, and up-to-date look at the economic foundations of international finance. The authors explain the principal concepts in an engaging and accessible manner open to students from any discipline, incorporating contemporary finance data through full-colour diagrams and graphs. Throughout, economic models are discussed in the context of recent and current international finance issues, to ensure students gain a concrete understanding and see how the field impacts the real world. Written for upper undergraduate courses, the book includes feature boxes that marry theory and economics in practice to show models applied, a featured real-world application for every chapter, and over 140 end-of-chapter questions help students fully engage with and consolidate their learning. Online resources for instructors include a solutions manual, lecture slides and the book figures as JPEGs.

International Trade
  • Menzie D. Chinn, Douglas A. Irwin
  • Published online:
    13 January 2025
    Print publication:
    16 January 2025
  • Understanding the globalized world economy is more important than ever before. This book provides a clear, concise, and up-to-date look at the economic foundations of international trade. The authors explain the principal concepts in an engaging and accessible manner open to students from any discipline, incorporating contemporary trade data through full-colour diagrams and graphs. Throughout, economic models are discussed in the context of recent and current international trade issues, to ensure students gain a concrete understanding and see how the field impacts the real world. Written for upper undergraduate courses, the book includes feature boxes that marry theory and economics in practice to show models applied, a featured real-world application for every chapter, and over 100 end-of-chapter questions help students fully engage with and consolidate their learning. Online resources for instructors include a solutions manual, lecture slides and the book figures as JPEGs.

International Economics
  • Menzie D. Chinn, Douglas A. Irwin
  • Published online:
    10 January 2025
    Print publication:
    16 January 2025
  • The globalized world economy is more important than ever before. This book provides a clear and up-to-date look at the economic foundations of international economics. Through accessible language and attractive presentation with abundant full-colour diagrams and graphs incorporating contemporary trade data, the authors explain the principal concepts in an engaging manner open to students from any discipline. Throughout, economic models are discussed in the context of recent and current international trade issues to ensure students gain a concrete understanding and see how the field impacts the real world. Written for upper undergraduate courses, the book includes feature boxes that marry theory and economics in practice to show models applied, a featured real-world application for every chapter, and over 240 end of chapter questions help students fully engage with and consolidate their learning. Online resources for instructors include a solutions manual, lecture slides and the book figures as jpgs.

International Economic Law in the Era of Datafication
  • Shin-yi Peng
  • Published online:
    28 March 2024
    Print publication:
    04 April 2024
  • This book addresses the challenges of datafication through the lens of international economic law. We are undergoing a wave of datafication practices. If such practices simply continue to evolve without being examined and repaired along the existing path of development, the same issues will continue to accumulate and will more than likely be amplified. The unprecedented economic and social influence of big tech has served as the catalyst for the concept of 'digital sovereignty,' which is rooted in the need to safeguard regulatory autonomy in a datafied world. The current wave of data-driven innovations has placed the policy debates on digital trade and data governance into an even more challenging context. The book – whose chapters are connected by the many facets of 'data' - systematically explains how international economic law can reduce the perils of datafication instead of enhancing them. This title is part of the Flip it Open Programme and may also be available Open Access. Check our website Cambridge Core for details.

Chinese Investments in Southeast Asia
  • Patterns and Significance
  • Evelyn Goh, Nan Liu
  • Published by:
    ISEAS–Yusof Ishak Institute
    Published online:
    26 March 2024
    Print publication:
    06 September 2023
  • Southeast Asia's growing economic linkages with China have generated political opportunities and strategic concerns in equal measure. This study provides a fuller picture of Chinese investments in Southeast Asia for those seeking to understand its significance and impacts. From their carefully constructed dataset, Goh and Liu provide a regionwide, multi-sectoral analysis quantitative survey and analysis of key changes in Chinese investments in Southeast Asian economies over fifteen years, from 2005 to 2019. Additionally, they provide a qualitative assessment of the geopolitical significance of these trends and patterns. Thus, this study creates a baseline understanding of more recent Chinese investments in the region. In the near future, when a feasible data series can be collated for the years from 2020, it will also allow a sharper analysis of the effects of the COVID-19 pandemic on Chinese investments in the region.

The Lure of Economic Nationalism
  • Beyond Zero Sum
  • Kenneth A. Reinert
  • Published by:
    Anthem Press
    Published online:
    28 February 2024
    Print publication:
    01 August 2023
  • The Lure of Economic Nationalism addresses the continued appeal of economic nationalism. It places economic nationalism in both historical and contemporary contexts, from mercantilism and the writings of Friedrich List to Brexit in the United Kingdom and the Trump Administration in the United States. It also considers the alternative to economic nationalism in the form of a rules-based, multilateral trading system and the World Trade Organization. The book argues that going beyond zero-sum outcomes is better suited to address current problems, including rising tides of ethnonationalism in many countries and pandemics. The book is written in an accessible manner and draws deeply from research in economics and political science. It will be of interest to policymakers, economists, political scientists and the informed public.

Rethinking Corruption
  • Reasons Behind the Failure of Anti-Corruption Efforts
  • Lucio Picci
  • Published online:
    27 February 2024
    Print publication:
    22 February 2024
  • Why have anti-corruption efforts often failed? Current thinking on corruption has largely overlooked the profound implications of its contested nature, which paradoxically makes it an effective yet highly dysfunctional 'tool of government.' As a tool of government, it helps execute policies and guarantees a degree of political order. Moreover, anti-corruption measures are wielded as political instruments, strategically embraced by governments and oppositions to further their respective agendas. Based on an analysis of Russia, Brazil and the United States, Rethinking Corruption takes a fresh look at corruption and critiques the prevailing view of anti-corruption policies. Embarking on a captivating journey through these countries, this book encompasses the notion of legal corruption and invites a comprehensive reconsideration of corruption, with a focal point on questions of economic and political equality.

GVC Reconfiguration
  • Risks and Opportunities for ASEAN Members
  • Sithanonxay Suvannaphakdy, Pham Thi Phuong Thao
  • Published by:
    ISEAS–Yusof Ishak Institute
    Published online:
    09 January 2024
    Print publication:
    03 March 2023
  • The COVID-19 pandemic, geopolitical tensions and US-China trade disputes, and the Russia-Ukraine war have increased the risk of global value chain (GVC) disruptions and forced firms to strengthen resilience in their supply chains and operations. MNCs have diversified suppliers, established new production sites, and shifted production closer to consumers. ASEAN countries are becoming increasingly attractive destinations for foreign investors. This paper gauges the position of ASEAN in GVCs and assesses the risks and opportunities of GVC reconfiguration for ASEAN countries. ASEAN countries are increasing their participation in GVCs and raising domestic value-added. The relocation of production sites from China to ASEAN countries could enhance their participation in GVCs. Should MNCs increase the concentration of supplier and buyer markets, ASEAN countries could become more vulnerable to external shocks.

    The upstream and downstream GVCs in ASEAN countries are dominated by the US, China and Japan. Extraregional trade integration could be enhanced by linking key suppliers and buyers in China, the US, and Japan to producers in ASEAN countries. Trade policy measures to strengthen ASEAN GVCs should focus on a faster release of perishable goods and intermediate inputs at border checkpoints, accelerating the cross-border paperless trade reforms, promoting the utilization of rules of origins under RCEP, streamlining non-tariff measures, and digitalizing ASEAN GVCs.

International Economics and Business
  • Nations and Firms in the Global Economy
  • 3rd edition
  • Sjoerd Beugelsdijk, Steven Brakman, Harry Garretsen, Charles van Marrewijk, Samuele Murtinu
  • Published online:
    21 December 2023
    Print publication:
    21 December 2023
  • Fully updated with the latest theoretical insights, data, and statistics, this third edition combines the dual perspectives of international economics and international business to provide a complete overview of the changing role of nations and firms in the global economy. International Economics and Business covers the key concepts of an introductory course on the global economy. It avoids complicated mathematical theory to ensure accessibility for all disciplines and includes contemporary case studies from the international business world. The result is a practical guide to the world economy for undergraduate students in economics and business, also suitable for students in other social science disciplines. Supported via full suite of online resources including quizzes, data exercises, additional reading lists, lecture slides, as well as color versions of over 150 figures, International Economics and Business is a lively and engaging textbook providing a complete and practical understanding of international economics and globalization through a uniquely integrated lens.

China and the WTO
  • A Twenty-Year Assessment
  • World Trade Forum
  • Edited by Henry Gao, Damian Raess, Ka Zeng
  • Published online:
    14 September 2023
    Print publication:
    28 September 2023
  • Examining the twenty years since China acceded to the World Trade Organization, this collection provides an original, systematic assessment of the opportunities and challenges that China has presented to the WTO. Offering in-depth analyses of the 'two-way' relationship between China and the WTO, the contributions explore a range of key issues from the varied effects of WTO membership for China and the global economy to the responses of the WTO members to China's rapid economic growth. It presents diverse perspectives of leading scholars from multiple disciplines, including law, economics, political science, and international relations, as well as practical insights from senior policymakers from both China and the United States. This is an invaluable contribution to ongoing debates about the implications of the rise of China for global economic governance and enriches discussions of the wide-ranging implications of China's growing integration into the multilateral trading system, both now and in the future. This title is also available as Open Access on Cambridge Core.

Assessing the Benefits of the ASEAN+6 Single Window for ASEAN Members
  • Sithanonxay Suvannaphakdy, Guo Wei Kevin Neo
  • Published by:
    ISEAS–Yusof Ishak Institute
    Published online:
    01 September 2023
  • The ASEAN+6 Single Window (ASW+6) in this study refers to the geographic expansion of the ASEAN Single Window (ASW) to enable cross-border electronic exchange of trade-related data and documents among ASEAN member states and six FTA partners, namely, Australia, China, India, Japan, New Zealand and South Korea. The ASW is part of ASEAN's trade facilitation reform to reduce intraregional trade costs and time.

    This study considers cross-border paperless trade measures to represent the implementation of ASW+6, using data from the UN Global Survey on Digital and Sustainable Trade Facilitation in 2019. The simulation analyses reveal that the ASW+6 has significant potential to reduce times required to export and import, and to boost trade in ASEAN and its FTA partners.

    The sequence of expanding the ASW to FTA partners may begin with countries that are major sources of ASEAN's export gains identified in this study and those that have expressed their political will to move in that direction. These are Japan and South Korea. The ASW should then be enlarged to remaining FTA partners, especially China and India.

    While trade gains from ASW+6 are substantial, the implementation costs can also be significant due to different regulatory requirements across ASEAN+6 countries. Aid for trade and capacity-building to support the reform process have to be an integral part for the design of ASW+6.

'Building a Sailboat in a Storm'
  • The Evolution of COVAX in 2021 and its Impact on Supplies to Southeast Asia's Six Lower-Income Economies
  • Khairulanwar Zaini
  • Published by:
    ISEAS–Yusof Ishak Institute
    Published online:
    01 September 2023
  • In the first half of 2021, COVID-19 vaccine doses from the COVAX Facility were in short supply, and the plan to mass produce COVAX vaccines through the Serum Institute of India (SII) faltered as the pandemic surged in India in March 2021. Due to COVAX's shift in approach towards convincing richer nations to redistribute their excess doses, the second half of 2021 saw increases in the frequency and volume of its shipments. Donors were however able to 'earmark' their dose donations and identify their intended recipients. The six Southeast Asian countries which qualified for free COVAX shots - Cambodia, Indonesia, Laos, the Philippines, Timor-Leste and Vietnam (the AMC6) - received 16 million doses in the first half of 2021. In the second half, they received 128 million doses from COVAX, 80.9 per cent of which were earmarked donations. Despite making up 7 per cent of the world population, the AMC6 collectively accounted for 24.3 per cent of all earmarked dose donations (and 25 per cent of the United States' total dose donations) to COVAX in 2021. The AMC6 greatly benefitted from COVAX's pivot to dose donations. This demonstrated the region's strategic salience to Washington and its allies, but came at the expense of vaccine equity, which the region has prudential reasons to care about. The execution of COVAX hammers home the hard truth that multilateral governance is a difficult act to pull off even with the best intentions and is not impervious to the geopolitical interests and agendas of the major powers.

Causation in the Law of the World Trade Organization
  • An Econometric Approach
  • Catherine Gascoigne
  • Published online:
    31 August 2023
    Print publication:
    14 September 2023
  • Causation in the Law of the World Trade Organization: An Econometric Approach is for both scholars and practitioners of WTO law with an interest in the causal questions that WTO law raises. Assuming no prior knowledge of causal philosophy or statistical analysis, Dr Gascoigne discusses the problems in the current approach to causation in the WTO jurisprudence and proposes an alternative methodology that draws on causal philosophy and econometric analysis. The book demonstrates how this methodology could be harnessed to make causal determinations for the purpose of implementing trade remedies and to make out claims of serious prejudice. It also argues that the methodology could be helpful for assessing the impact of domestic legislation on policy objectives under the General Exceptions and the Technical Barriers to Trade Agreement as well as for calculating the amount of retaliation permissible under the Dispute Settlement Understanding.

The European Union and International Investment Law Reform
  • Between Aspirations and Reality
  • Ivana Damjanovic
  • Published online:
    13 July 2023
    Print publication:
    27 July 2023
  • In order to understand the reform of international investment law envisioned by the EU, the author provides a comprehensive but concise analysis of the EU reform approaches, its constitutional and legal framework, the concepts of the rule of law and legitimacy, and the reasons for the reform. In particular, the book exposes tensions between the EU aspiration to enhance the rule of law in international investment law, as a means of legitimising this legal discipline, and the challenges of its reform approaches in practice. The analysis combines substantive and procedural aspects of the EU reform of international investment law in the intra-EU context and EU external relations. This book thus critically evaluates the EU vision of the rule of law in international law and its contribution to the development of international law in the field of investment.

Agricultural Trade between China and the Greater Mekong Subregion Countries
  • A Value Chain Analysis
  • Edited by Jayant Menon, Vathana Roth
  • Published by:
    ISEAS–Yusof Ishak Institute
    Published online:
    30 June 2023
    Print publication:
    21 June 2022
  • This book provides new insights into the important and developing agricultural value chains, including on current constraints and the enormity of opportunities, emanating in the dynamic GMS, especially through to their main giant market of China. 

Revitalizing the World Trading System
  • Alan Wm. Wolff
  • Published online:
    22 June 2023
    Print publication:
    06 July 2023
  • In recent years, the world trading system has been confronted by a range of new and developing challenges: the risk of climate change, the instability of the digital economy, the ongoing impacts of COVID-19 and the threat of future pandemics, to name but a few. In this book, veteran trade negotiator, Ambassador Alan Wm. Wolff, draws from his years of experience at the World Trade Organization to consider the history of trade, the current trading system and how it should be reformed in the future. Offering a rare insight into the inner workings of the WTO, Wolff is uniquely placed to identify deficiencies in the current system and suggest actionable solutions. This essential guidebook to the WTO equips readers with the tools and knowledge required to tackle to emerging and emergent challenges of a global trading system.

Capital Controls and International Economic Law
  • Bryan Mercurio
  • Published online:
    18 May 2023
    Print publication:
    01 June 2023
  • Focusing on capital controls, this study provides rigorous legal analysis to establish whether the mandate of the International Monetary Fund (IMF) extends to the capital account; that is, whether the IMF has the authority to control and/or regulate the use of capital controls by its member states. The book then analyses whether a country's use of capital controls is consistent with the obligations and commitments undertaken in various multilateral and bilateral trade and investment agreements. Finally, it analyses the tension within international economic law, as the IMF now encourages the use of capital controls under certain circumstances, while most trade/investment agreements prohibit or limit their use. Proposing a way forward to alleviate the tension and construct a more harmonious relationship between the norms and standards of finance, trade and investment, this study will be essential reading for policymakers.

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