Professor Fischer presents a comprehensive overview of global trade at the start of a new century, from a national, regional, and international viewpoint. He looks closely at the four dominant and competing economic systems—the United States, the European Union, Japan, and China—and argues that the traditional we-win/you-lose national trade paradigm has been replaced by one that is more collaborative, one that is leaning toward de facto world governance. He compares foreigners' attitudes toward trade and markets with our own, using four economic models that typify world trade today. He examines the interface between national, regional, and international trading systems and between business and government, then at the prospect of global trade management in different trade sectors under the GATT/WTO and other organizations. The result is a provocative discussion of global trade today. Professor Fischer makes it clear that the United States needs allies. Though its influence in the world trade arena will continue, America's hegemony has ended. The European Union is America's most obvious ally, but it has many problems and ambitions of its own. The North American Free Trade Agreement has solidified the North American market but it may isolate and lose South America, while Japan, China, Russia, and others are left to develop alliances of their own. All these factors raise important global questions, among them: Can American capitalism prevail? Should the United States proceed unilaterally, as it has so often? Or are regional and multinational arrangements preferable? If there is further globalization, as seems inevitable, and if American influence is on the wane, what group or organization will lead? To explore these questions and provide the beginnings of answers, Professor Fischer uses his four competing economic systems and handicaps the process country by country, sector by sector, with particular attention to transatlantic relations.

This major new text by leading authorities takes a broad interdisciplinary approach to the changing relationship between the EU and the US in the 21st century and its historical, global and domestic context. The authors focus on the contrast between the policy convergence and interdependence on the one hand and the intense competition on the other.

This title was first published in 2002. This provocative volume explores key aspects of the contemporary relationship between the United States and the European powers as they attempt to address common issues as the international community enters a new millennium. Representing diverse perspectives, opinions, analyses and recommendations regarding the regional and global problems and opportunities confronted by both the United States and the Europeans, the book is particularly suitable for scholars and policy makers alike who contribute to ongoing discussions concerning this critical relationship.

The author, a lawyer in Brussels and lecturer at the College of Europe in Natolin, places international trade law within an economic, political, and sociological context, focusing on the US and the European Union. Contending that, despite globalization, societies organize themselves differently and have diverse expectations of their governments and market actors, he explores how these differences affect the trading partners' policies in an age when nearly everything can be considered a matter of commerce. He also examines how domestic structures affect trade policy when the external world has a strong impact on the domestic sphere. Distributed by ISBS. c. Book News Inc.

Presenting a critical overview of what 'emerging multipolarity' means for the world's foremost global trading bloc and economic power, the European Union, this book offers new insights into how the rise of the emerging economies has impacted the EU and its role within the World Trade Organization.

The book makes an effort in investigating the present and future developments in the global economy, after the 2008 global financial and economic crisis. The results of the global crisis were devastating and destructive all around the world. The USA economy took significant damage when the crisis went into Europe, and it turned out a foreign debt crisis influencing European economies, including Iceland, Ireland, Greece, Spain, Italy. Consequently, the economic crises gave impetus to social uprisings and protest, and this led to giving populist and nationalist politicians the advantage to take the control of government. President Trump's “First USA Policy,” then, European populist and anti-EU politicians including, Le Pen, Wilders, Salvini, and Nigel Farage attack the post-war global economic order and structures like the European Union to vanish the full benefits and wealth of globalization process. After the crisis, the global economy evolved into protectionism, depending on the coming to power of populist leaders. President Trump entered into a great trade war with the European Union and China, later on. In this frame, the study examines the effects of populism/protectionism, which has upsurged after the 2008 crisis, on the global economy in various dimensions.

The European Union, the world's foremost trader, is not an easy bargainer to deal with. Its twenty-five member states have relinquished most of their sovereignty in trade to the supranational level, and in international commercial negotiations, such as those conducted under the World Trade Organization, the EU speaks with a "single voice." This single voice has enabled the Brussels-based institution to impact the distributional outcomes of international trade negotiations and shape the global political economy. Trading Voices is the most comprehensive book about the politics of trade policy in the EU and the role of the EU as a central actor in international commercial negotiations. Sophie Meunier explores how this pooling of trade policy-making and external representation affects the EU's bargaining power in international trade talks. Using institutionalist analysis, she argues that its complex institutional procedures and multiple masters have, more than once, forced its trade partners to give in to an EU speaking with a single voice. Through analysis of four transatlantic commercial negotiations over agriculture, public procurement, and civil aviation, Trading Voices explores the politics of international trade bargaining. It also addresses the salient political question of whether efficiency at negotiating comes at the expense of democratic legitimacy. Finally, this book looks at how the EU, with its recent enlargement and proposed constitution, might become an even more formidable rival to the United States in shaping globalization.