Schism


Book Description

China's entry into the World Trade Organization (WTO) in 2001 was heralded as historic, and for good reason: the world's most populous nation was joining the rule-based system that has governed international commerce since World War II. But the full ramifications of that event are only now becoming apparent, as the Chinese economic juggernaut has evolved in unanticipated and profoundly troublesome ways. In this book, journalist Paul Blustein chronicles the contentious process resulting in China's WTO membership and the transformative changes that followed, both good and bad - for China, for its trading partners, and for the global trading system as a whole. The book recounts how China opened its markets and underwent far-reaching reforms that fuelled its economic takeoff, but then adopted policies - a cheap currency and heavy-handed state intervention - that unfairly disadvantaged foreign competitors and circumvented WTO rules. Events took a potentially catastrophic turn in 2018 with the eruption of a trade war between China and the United States, which has brought the trading system to a breaking point. Regardless of how the latest confrontation unfolds, the world will be grappling for decades with the challenges posed by China Inc.
















Toward "thorough, Accurate, and Reliable"


Book Description

Toward "Thorough, Accurate, and Reliable" explores the evolution of the Foreign Relations of the United States documentary history series from its antecedents in the early republic through the early 21st century implementation of its current mandate, the 1991 Foreign Relations statute. This book traces how policymakers and an expanding array of stakeholders translated values like "security," "legitimacy," and "transparency" into practice as they debated how to balance the government's obligation to protect sensitive information with its commitment to openness. Determining the "people's right to know" has fueled lively discussion for over two centuries, and this work provides important, historically informed perspectives valuable to policymakers and engaged citizens as that conversation continues. Policymakers, citizens, especially political science researchers, political scientists, academic, high school, public librarians and students performing research for foreign policy issues will be most interested in this volume. Other related products: Available print volumes of the Foreign Relations of the United States (FRUS) series can be found here: https://bookstore.gpo.gov/catalog/international-foreign-affairs/foreign-relations-united-states-series-frus




Failure to Adjust


Book Description

*Updated edition with a new foreword on the Trump administration's trade policy* The vast benefits promised by the supporters of globalization, and by their own government, have never materialized for many Americans. In Failure to Adjust Edward Alden provides a compelling history of the last four decades of US economic and trade policies that have left too many Americans unable to adapt to or compete in the current global marketplace. He tells the story of what went wrong and how to correct the course. Originally published on the eve of the 2016 presidential election, Alden’s book captured the zeitgeist that would propel Donald J. Trump to the presidency. In a new introduction to the paperback edition, Alden addresses the economic challenges now facing the Trump administration, and warns that economic disruption will continue to be among the most pressing issues facing the United States. If the failure to adjust continues, Alden predicts, the political disruptions of the future will be larger still.




U.S. Trade Policy


Book Description

A critical review of recent U.S. trade policies that have failed to enforce sufficient reciprocity and overall trade balance, with suggestions for policies that foster a more balanced and realistic pattern of world trade growth.