World Trade Organization for the 21st Century

Edited by Richard Baldwin, Professor of International Economics, Graduate Institute of International and Development Studies, Geneva, Switzerland, Masahiro Kawai, Project Professor, Graduate School of Public Policy, University of Tokyo, Japan and Ganeshan Wignaraja, Overseas Development Institute (ODI), UK

• Contents: PrefaceForeword Pascal Lamy1. Introduction and OverviewRichard Baldwin, Masahiro Kawai and Ganeshan Wignaraja2. WTO 2.0: Governance of Global Supply-Chain TradeRichard Baldwin3. Trade in Value-added Cocept, Development, and an East Asian PerspectiveSatoshi Inomata4. Joining the Supply Chain: A Firm-level PerspectiveGaneshan Wignaraja5. Effective Industrial Policies and Global Value ChainsPatrick Low and Julia Tijaja6. Mapping Crisis-era Protectionism in the Asia-Pacific RegionSimon J. Evenett7. Exchange Rate Policy and Regional Trade Agreements: A Case of Conflicted Interests?Victor Pontines and Richard Pomfret 8 Policy Challenges Posed by Asian Free Trade Agreements: A Review of the Evidence Masahiro Kawai and Ganeshan Wignaraja9. Constructing and Multilateralizing the Regional Comprehensive Economic Partnership: an Asian PerspectiveShujiro Urata10. The ASEAN Economic Community: Progress, Challenges and ProspectsSiow Yue Chia11. The Future of the World Trade OrganizationBiswajit Dhar12. Plurilateral Agreements: A Viable Alternative to the World Trade Organization?Michitaka Nakatomi13. Role of Foreign Direct Investment Flows and a Possible Multilateral AgreementYunling Zhang and Rongyan WangIndex

‘This unique compilation of essays addresses a core political economy question: how do market forces and trade regulation interact? Its fresh Asian perspective offers a much-needed contribution to our understanding of how treaty-based regional and bilateral economic integration is driven by the Factory Asia phenomenon. The authors also compellingly show where the World Trade Organization could fit in. An informative read for scholars and experts alike.’