Trade and American Leadership

The Paradoxes of Power and Wealth from Alexander Hamilton to Donald Trump

Inbunden, Engelska, 2019

Av Craig VanGrasstek, Massachusetts) VanGrasstek, Craig (Harvard University, Craig Vangrasstek

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From the nation-building of Alexander Hamilton to the trade wars of Donald Trump, trade policy has been a key instrument of American power and wealth. The open trading system that the United States sponsored after the Second World War serves US interests by promoting cooperation and prosperity, but also allows the allies to become more independent and China to rise. The case studies in Trade and American Leadership examine how the value of preferential trade programs is undercut by the multilateral liberalization that the United States promoted for generations, and how trade sanctions tend either to be too economically costly to impose or too modest to matter. These problems are exacerbated by a domestic political system in which the gains from trade are unevenly distributed, power is fragmented, and strategies are easily undermined. Trade and American Leadership places special emphasis on today's challenges, and the rising danger of economic nationalism.

Produktinformation

Utgivningsdatum2019-01-03
Mått160 x 235 x 32 mm
Vikt840 g
FormatInbunden
SpråkEngelska
Antal sidor500
FörlagCambridge University Press
ISBN9781108476959

Tillhör följande kategorier

Folkrätt inom Juridik
Amerikas historia inom Historia och arkeologi
Internationell ekonomi inom Ekonomi och ledarskap
Politik och statsskick inom Samhalle och politik
Internationell rätt inom Juridik
Ekonomisk politik inom Ekonomi och ledarskap

Part I. Introduction and Overview: 1. The domestic diplomacy of trade and the paradoxes of power and wealth; 2. The theory and practice of the Anglo-American hegemonies; 3. After hegemony: power, wealth, and trade policy since the Cold War; Part II. The Domestic Diplomacy of Trade: 4. The domestic diplomacy of trade agreements; 5. The expanding scope of trade and the contagion of conflict; 6. Washington slept here: how Trump caught politicians napping on trade; Part III. Trading with Allies: 7. Defence vs. opulence: sea power and law in Anglo-American hegemonies; 8. The sun also sets: the Japanese challenge to the US auto industry; 9. Canada and the domestic diplomacy of US trade policy; Part IV. Trading with Adversaries: 10. The strategy and domestic diplomacy of sanctions; 11. Russo-American relations and the paradox of sanctions; 12. Trading with the NME: the Chinese challenge to US hegemony; Part V. Trading with Developing Countries: 13. The strategy and domestic diplomacy of trade preferences; 14. The elusive integration of the Americas; 15. War, peace, and trade in the Middle East; Part VI. Trade and Trump: 16. Power and wealth in the Trump administration and beyond.

'After years of malign neglect, the critical role of American leadership in the international trading system is once again front and center in the public debate. Craig VanGrasstek has therefore done an enormous service in bringing forth this timely, thoughtful, and deeply informed study of American trade politics from the nation's founding to the radical rupture being wrought by President Trump.' Benn Steil, Director of international economics, Council on Foreign Relations and author of The Marshall Plan: Dawn of the Cold War