The Americanisation of the World Trade Order

This book explores the power dynamics of US foreign trade law and practice, particularly in light of the recent tensions with China, and examines the challenge of accommodating economic power under international economic law. It offers insights into how the US will continue to shape the international economic order.

Format: Paperback / softback
Length: 222 pages
Publication date: 29 January 2024
Publisher: Taylor & Francis Ltd

This comprehensive book delves into the intricate dynamics of the global trading system, shedding light on the profound influence of power, particularly the unilateral norm-imparting impact of US foreign trade law and practice on its trading partners and non-State actors. Within this context, the recent tensions between the US and China have brought to the forefront several fundamental and systemic questions. At the core of these lies the daunting challenge of reconciling economic power within the framework of international economic law, while also fostering accountability in its engagement.

In the wake of these US challenges to the global trading order, this timely publication aims to provide valuable insights into how the US will continue to shape the international economic landscape. By examining the interplay between power, international economic law, and responsible governance, this book offers a comprehensive examination of the complex dynamics that govern the global trading system.

The first chapter explores the historical roots of the US-led global trading system, tracing its evolution from the post-World War II era to the present day. It examines how the US has used its economic and political influence to shape the rules and regulations governing international trade, emphasizing the role of institutions such as the World Trade Organization (WTO) and bilateral trade agreements.

The second chapter delves into the theoretical framework of power and international trade. It examines how power dynamics shape the behavior of nations and their trading partners, highlighting the importance of institutions and rules in maintaining a stable and equitable trading system. The chapter also explores the challenges posed by the rise of emerging economies, such as China, in the global trading order.

The third chapter examines the impact of US foreign trade law and practice on its trading partners and non-State actors. It explores how the US's trade policies, such as tariffs, subsidies, and intellectual property protection, have affected the economies of other countries, as well as the political and social consequences of these policies. The chapter also examines the role of non-State actors, such as multinational corporations and trade unions, in shaping the global trading system.

The fourth chapter examines the recent tensions between the US and China in the global trading order. It explores how these tensions have arisen, the underlying causes, and the potential implications for the future of international trade. The chapter also examines the role of other countries, such as Europe and Japan, in responding to these tensions and the potential for creating a new global trading order.

The fifth chapter examines the challenges of accommodating economic power under the rule
In the light of the recent US challenges to the world trading order, this timely publication will help us understand how the US will continue to shape the international economic order.

This comprehensive book delves into the intricate dynamics of the global trading system, shedding light on the profound influence of power, particularly the unilateral norm-imparting impact of US foreign trade law and practice on its trading partners and non-State actors. Within this context, the recent tensions between the US and China have brought to the forefront of several fundamental and systemic questions. At the core of these lies the daunting challenge of reconciling economic power within the framework of international economic law, while also fostering accountability in its engagement.

In the wake of these US challenges to the global trading order, this timely publication aims to provide valuable insights into how the US will continue to shape the international economic landscape. By examining the interplay between power, international economic law, and responsible governance, this book offers a comprehensive examination of the complex dynamics that govern the global trading system.

The first chapter explores the historical roots.

The second chapter delves into the theoretical framework of power and international trade.

The third chapter examines the impact of US foreign trade law and practice on its trading partners and non-State actors.

The fourth chapter examines the recent tensions between the US and China in the global trading order.

The fifth chapter examines the challenges of accommodating economic power under the rule of international economic law.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367498368