Traditional economic nationalism, techno-nationalism and national security concerns have converged into a modern industrial policy, which is being pursued by multiple actors, including the US, China, India, Republic of Korea, and the EU. Driven by new subsidy wars, these policies pose a...

A general equilibrium model is developed to study the environmental implications of agricultural policies. Model results show that declines in the acreage reduction program (ARP) would reduce agricultural fertilizer use, but the return of ARP land to production would lead to an overall increase...

The Agreement on Textiles and Clothing established the textile and clothing safeguards regime from 1995 to 2004. The current safeguards regime for these products is defined in terms of the Agreement on Safeguards, the China Textile Safeguards, and the China Product-specific Safeguards. This...

Globalization has been taking place for centuries, moving from the colonization of the inhabited parts of the world to the appearance of nations, from conquests to independent countries, from sailboats and caravans to steamboats, truck fleets and cargo planes, from trade in a few commodities to...

Globalization and its relation to poverty reduction and development are not well understood. The book identifies the ways in which globalization can overcome poverty or make it worse. The book defines the big historical trends, identifies main global flows-trade, finance, aid, migration, and...

Standard instruction in international economics reflects a relatively narrow view of global education and ignores important elements of the literatures on both globalization and international economic policy. The standard syllabus needs to be supplemented with a set of under-emphasized topics to...

Traditional economic nationalism, techno-nationalism and national security concerns have converged into a modern industrial policy, which is being pursued by multiple actors, including the US, China, India, Republic of Korea, and the EU. Driven by new subsidy wars, these policies pose a...

In a large number of circumstances, trade policy modelers turn to partial equilibrium modeling in an imperfect substitutes framework. This paper develops a formal representation of this imperfect substitutes model and applies it to trade liberalization within the negative list between Pakistan...