Found 24 article(s) for author 'global trade'

Varieties of Outward Chinese Capital: Domestic Politics Status and Globalization of Chinese Firms

Varieties of Outward Chinese Capital: Domestic Politics Status and Globalization of Chinese Firms. Meg Rithmire, , Paper, “A great deal of scholarly and popular attention has been devoted the “specter of global China” (Lee 2017). Contemporary China has been interacting with and shaping processes of globalization since it opened its door in 1978, but the more recent spate of attention has focused specifically on Chinese outward investment, which has soared since the early 2000s and especially since the global financial crisis in 2008. Scholars and journalists have sought to understand the extent to which China is “buying the world,” what it means for both the developing world (presumed to be the target) and developed world (presumed to be the competition), and what patterns of investment can illuminate about whether China is “playing our game” (harmonizing with western political and economic institutions) or pursuing a revised world order (Nolan 2013; Steinfeld 2010; Toh 2017).Link

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Globalization’s Wrong Turn, And How It Hurt America

Globalization’s Wrong Turn, And How It Hurt America. Dani Rodrik, July/August 2019, Opinion, “Globalization is in trouble. A populist backlash, personified by U.S. President Donald Trump, is in full swing. A simmering trade war between China and the United States could easily boil over. Countries across Europe are shutting their borders to immigrants. Even globalization’s biggest boosters now concede that it has produced lopsided benefits and that something will have to change.Link

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Trump’s Trade Game

Trump’s Trade Game. Dani Rodrik, January 16, 2019, Opinion, “In 2018, US President Donald Trump finally followed through on his “America first” trade strategy. Yet it is already clear that his policies will have little impact on trade growth, and even less effect on China’s behavior.Link

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Tariffs Should Target Chinese Lawlessness, Not the Trade Deficit

Tariffs Should Target Chinese Lawlessness, Not the Trade Deficit. Martin Feldstein, December 27, 2018, Opinion, “Made in China 2025 is Beijing’s plan to dominate global markets in a wide range of high-tech products. China’s strategy is to give large government subsidies to state-owned companies and supplement their research with technology stolen from American and other Western companies. This theft includes using the internet to invade the computers of foreign firms and forbidding companies to do business in China unless they share their technology with Chinese firms.Link

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Can the Trading System Survive US–China Trade Friction?

Can the Trading System Survive US–China Trade Friction? Robert Lawrence, September 13, 2018, Paper, “Donald Trump has sought to change US trading relationships by raising protection at home and taxing the offshore activities of US companies abroad. These measures, which both use and violate trade rules, have provoked retaliation from other countries. Such friction has restricted and distorted trade and investment, undermined the rules‐based trading system and perhaps permanently damaged global value chains that depend on stable rules for market access. Trump has justified some of his measures as a response to China’s alleged unfair practices and indeed, China has adopted industrial and technology policies that are formally neutral between domestic and foreign firms but in practice have led foreign firms to complain about discriminatory practices that favor Chinese firms.Link

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U.S. Should Use Allies, WTO, To Combat China On Trade

U.S. Should Use Allies, WTO, To Combat China On Trade. Robert Lawrence, July 9, 2018, Audio, “GUEST: Robert Lawrence, Professor of International Trade and Investment at Harvard Kennedy School and former economic advisor to President Bill Clinton, on the global supply chain and whether trade globalization can be undone at this point.Link

 

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U.S. tariffs boost trade tensions and protectionist theory

U.S. tariffs boost trade tensions and protectionist theory. Jeffry Frieden, June 14, 2018, Audio, “In the potential tariff war between China and the United States, each state is choosing to protect different sectors. Which is right? And is there a way for a country to engage in “good” protectionism for its own interests? First off, economists in general agree that tariffs should be avoided because they bring costly trade-offs. If a country taxes imported sneakers, for instance, it helps domestic shoemakers but deprives shoe buyers of the best, low-price kicks.Link

 

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The Republicans’ Protectionist Pedigree

The Republicans’ Protectionist Pedigree. Jeffrey Frankel, June 13, 2018, Opinion, “In recent decades, US Republicans have tended to embrace free trade more willingly than US Democrats. But, during most of its first century, the Republican Party was protectionist in both word and deed, and it has elected the four most aggressively protectionist presidents of the last 50 years.Link

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Foreword: International Tax Policy in a Disruptive Environment

Foreword: International Tax Policy in a Disruptive Environment. Stephen Shay, May 2018, Paper, “In this foreword to International Tax Policy in a Disruptive Environment: A Special Issue, the authors provide an overview of the two-day interdisciplinary conference that took place in Munich on 14-15 December 2017, and offer a synopsis of the articles in this special edition of the Bulletin for International Taxation. The authors offer preliminary observations based on the conference and papers, including that despite its successes the BEPS Project has left unfinished business. In the face of reduced residence-based taxation of direct investment and tax competition for mobile activity and real investment, countries have yet to reach consensus on a residence-source or destination-based division of taxation rights.Link

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