"This book analyzes the effects of global issues on international trade such as global crises, war, and security issues, global pandemic and acknowledges the necessity of global cooperation to solve the international trade problems"--

This book brings together a collection of papers that Robert M Stern and his co-authors have written in recent years. The collection addresses a variety of issues pertinent to the global trading system. One group of papers deals with globalization in terms of what the public needs to know about this phenomenon and the role of the World Trade Organization (WTO), whether some countries may be hurt by globalization, how global market integration relates to national sovereignty, and how and whether considerations of fairness are and should be dealt with in the global trading system and WTO negotiations. A second group of papers consists of analytical and computational modeling studies of multilateral, regional, and bilateral trading arrangements and negotiations from a global and national perspective for the United States and other major trading countries. The remaining papers include an empirical analysis of barriers to international services transactions and the consequences of liberalization, and issues of international trade and labor standards.

With the boons of technological progress spreading every nook and corner of the globe, Globalization has been a dominant force for several decades. Globalization has winners and losers. International trade, foreign direct investment, and trans-boundary flow of goods, services, and capital are few of the many facets that characterize the process of globalization. Thus, a volume addressing such issues is quite essential for readers. This volume is a collection of thirteen contributed chapters on the current international trade scenario, its evolution over the years, and its global impact on developed and developing economies. Most importantly, it deals with a range of issues related to global financial crisis and its aftermath affecting global trade and the players in the international market. As the crisis unfolded, trade has suffered a setback and we saw a shift in global trade. In particular, we saw the emergence of developing nations and gradual erosion of dominance of developed countries. This book covers these aspects. The valuable contributions by the authors look at these problems in global macro economy from different angles--theoretical and empirical--to offer a cogent view of the current situation facing us. The chapters offer theoretical viewpoint as well as applied perspectives on many facets of crisis and trade in the global economy.

With the boons of technological progress spreading every nook and corner of the globe, Globalization has been a dominant force for several decades. Globalization has winners and losers. International trade, foreign direct investment, and trans-boundary flow of goods, services, and capital are few of the many facets that characterize the process of globalization. Thus, a volume addressing such issues is quite essential for readers. This volume is a collection of thirteen contributed chapters on the current international trade scenario, its evolution over the years, and its global impact on developed and developing economies. Most importantly, it deals with a range of issues related to global financial crisis and its aftermath affecting global trade and the players in the international market. As the crisis unfolded, trade has suffered a setback and we saw a shift in global trade. In particular, we saw the emergence of developing nations and gradual erosion of dominance of developed countries. This book covers these aspects. The valuable contributions by the authors look at these problems in global macro economy from different angles--theoretical and empirical--to offer a cogent view of the current situation facing us. The chapters offer theoretical viewpoint as well as applied perspectives on many facets of crisis and trade in the global economy.

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

conclusion to the Doha Round of the World Trade Organization (WTO) is urgently needed to mitigate the developmental divide by increasing trade between the industrialized and developing worlds. --