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Bibliographic Details

Title: Trump, Trade, and the End of Globalization
Publisher: Bloomsbury Publishing USA
Publication Date: 2018
Language: English
ISBN 10: 1440861307
ISBN 13: 9781440861307
Binding: Hardcover
Condition: Good
Weight: 1.063 pounds

About this title

Synopsis

Provides a roadmap for mature industrialized countries to contribute to and benefit from global trade on new terms.

Global trade is heading toward chaos. Globalization has in part been a zero-sum game over the last 20 years, as China's middle and upper classes have grown sharply while Western economies have stagnated. Wealthy countries, most notably the United States and the United Kingdom, are now on the brink of abandoning free trade as it includes both the principles and the theories behind it because their economies cannot compete with those of China and some developing countries. Prevailing protectionist attitudes and policies are based on short-term thinking and will disappoint future generations.

According to author David S. Jacoby, a "new multilateralism" can provide a way out of this impending disaster by preserving innovation and growth while also curbing the impact of countries that manipulate currency, disparage the environment, and violate human rights. Jacoby clearly explains how industrialized nations can compete on a basis of differentiated technology and innovation while letting developing countries compete on a basis of manufacturing, components, and materials and makes a strong case for why the West should recommit to global trade.

About the Author

David Steven Jacoby, president of Boston Strategies International, is an economist, consultant, and trade policy adviser.

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Better World Books (https://www.BetterWorldBooks.com) is a for-profit, socially conscious business and a global online bookseller that collects and sells new and used books online, matching each purchase with a book donation. Each sale generates funds for literacy and education initiatives in the U.S., the UK, and around the world. Since its launch in 2003, Better World Books has raised $33 million for libraries and literacy, donated over 32 million books, and reused or recycled more than 397 million books.

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