Power Shifts and New Blocs in the Global Trading System: 1st Edition (Paperback) book cover

Power Shifts and New Blocs in the Global Trading System

1st Edition

By Sanjaya Baru

Routledge

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Paperback: 9781138927247
pub: 2015-03-03
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Description

As economic powers from the developing world, particularly China, have emerged in the past few decades, their weight has altered the balance in the global trading system. This has presented challenges in the World Trade Organisation (WTO), where the Doha Round of multilateral negotiations has dragged on for more than a dozen years. Frustrated by this stalemate, many countries have sought alternatives. Among these are ‘mega-regional’ trade agreements such as the proposed Transatlantic Trade and Investment Partnership (TTIP) between the US and EU, and a 16-member Trans-Pacific Partnership (TPP). In this volume, leading commentators – including two former heads of the WTO – examine the possible consequences of this shifting trade landscape. Is globalisation in reverse, and have countries been retreating from liberalisation since the world financial crisis of 2008–09? Are the ‘mega-regional’ deals an existential threat to the WTO regime, or can they be used as building blocks towards wider multilateral agreement on a broad range of issues, from industrial standards to intellectual property rights. And what does it all mean for the balance of geopolitical power between the developed and developing world?

About the Author

Sanjaya Baru is Director for Geo-economics and Strategy, IISS, and Honorary Senior Fellow, Centre for Policy Research, New Delhi.. Suvi Dogra is Research and Liaison Officer for the Geo-Economics and Strategy Programme, IISS.

About the Series

Adelphi series

The Adelphi series is The International Institute for Strategic Studies' flagship contribution to policy-relevant, original academic research.

Six books are published each year. They provide rigorous analysis of contemporary strategic and defence topics that is useful to politicians and diplomats, as well as academic researchers, foreign-affairs analysts, defence commentators and journalists.

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
HIS027000
HISTORY / Military / General
POL000000
POLITICAL SCIENCE / General
POL011010
POLITICAL SCIENCE / International Relations / Diplomacy
POL011020
POLITICAL SCIENCE / International Relations / Trade & Tariffs
POL033000
POLITICAL SCIENCE / Globalization