Launching New Global Trade Talks – An Action Agenda by Jeffrey Schott

Launching New Global Trade Talks – An Action Agenda by Jeffrey Schott

The end of the 20th century will mark the beginning of a new era for the world trading system. More than 130 member countries of the World Trade Organization (WTO) will begin negotiations in 1999 on a broad range of subjects, including agriculture, services, intellectual property, and trade and the environment. The authors in this volume analyze the key issues that should be on the agenda of new WTO negotiations to meet the challenges generated by the Asian financial crisis, concerns about the impact of globalization on firms and workers, and the proliferation of regional trading pacts. They present a compelling case for comprehensive trade talks that include new issues such as investment and competition policy, in addition to subjects already part of the WTO's built-in agenda.

The overview chapter by Jeffrey J. Schott examines the work of the WTO since its establishment in January 1995 (including its dispute settlement mechanism) and the key challenges facing new trade talks. In addition, Schott proposes a new negotiating strategy to produce concrete results without the lengthy delays of past trade talks. He recommends that governments commit to continuous negotiations in Geneva and use the regularly scheduled meetings of trade ministers to conclude a balanced "round-up" of agreements every two years. An appendix contains statements made by WTO Director General Renato Ruggiero and US Trade Representative Charlene Barshefsky on the importance of WTO negotiations and the key US objectives in pursuing those talks.

Jeffrey J. Schott joined the Peterson Institute for International Economics in 1983 and is a senior fellow working on international trade policy and economic sanctions. During his tenure at the Institute, Schott was also a visiting lecturer at Princeton University (1994) and an adjunct professor at Georgetown University (1986-88). He was a senior associate at the Carnegie Endowment for International Peace (1982-83) and an official of the US Treasury Department (1974-82) in international trade and energy policy. During the Tokyo Round of multilateral trade negotiations, he was a member of the US delegation that negotiated the GATT Subsidies Code. Since January 2003, he has been a member of the Trade and Environment Policy Advisory Committee of the US government. He is also a member of the State Department's Advisory Committee on International Economic Policy.

Barbara Kotschwar, former research fellow, was associated with the Peterson Institute for International Economics from 2007 to October 2015. Her research focuses on trade, investment, and regional integration. Recent projects include comparative analyses of Latin American experiences with free trade agreements, Chinese foreign direct investment (FDI) in Latin America, an assessment of Mexico's economy, and studies on commercial relations between the United States and Middle East and North Africa (MENA) partners.

Julia Muir was a research analyst at the Peterson Institute from March 2010 to June 2013 and worked with Senior Fellows Jeffrey J. Schott and Gary Clyde Hufbauer. Prior to joining the Institute she completed a bachelor of arts degree from McGill University with a concentration in international development studies and economics. She also holds a Master of Economics (Social Sciences) from the University of Sydney. Her master's thesis examined trade regulation in North and South America, examining how the US model of trade has affected regional integration in North and South America.

SKU	Unavailable
ISBN 13	9780881322668
ISBN 10	0881322660
Title	Launching New Global Trade Talks – An Action Agenda
Author	Jeffrey Schott
Condition	Unavailable
Binding Type	Paperback
Publisher	The Peterson Institute for International Economics
Year published	1998-09-01
Number of pages	240
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.