Description
Product ID: | 9781503600591 |
Product Form: | Paperback / softback |
Country of Manufacture: | US |
Series: | Emerging Frontiers in the Global Economy |
Title: | Breaking the WTO |
Subtitle: | How Emerging Powers Disrupted the Neoliberal Project |
Authors: | Author: Kristen Hopewell |
Page Count: | 288 |
Subjects: | Sociology and anthropology, Sociology & anthropology, Sociology, Central / national / federal government policies, International trade and commerce, Political economy, International business, Sociology, Central government policies, Trade agreements, Political economy, International business |
Description: | Select Guide Rating This book examines why and how contemporary power shifts caused the American-led push for neoliberal globalization to break down at the World Trade Organization. Historically, the U.S. has pressured other countries to open their markets while maintaining protectionist policies at home. Kristen Hopewell explains how rising giants like China, India, and Brazil have assumed American negotiation tactics, forcing the West to confront its own rhetoric and grinding the Doha Round of trade talks to a halt. The world economic order has been upended by the rise of the BRIC nations and the attendant decline of the United States'' international influence. In Breaking the WTO, Kristen Hopewell provides a groundbreaking analysis of how these power shifts have played out in one of the most important theaters of global governance: the World Trade Organization. Hopewell argues that the collapse of the Doha Round negotiations in 2008 signals a crisis in the American-led project of neoliberal globalization. Historically, the U.S. has pressured other countries to open their markets while maintaining its own protectionist policies. Over the course of the Doha negotiations, however, China, India, and Brazil challenged America''s hypocrisy. They did so not because they rejected the multilateral trading system, but because they embraced neoliberal rhetoric and sought to lay claim to its benefits. By demanding that all members of the WTO live up to the principles of "free trade," these developing states caused the negotiations to collapse under their own contradictions. Breaking the WTO probes the tensions between the WTO''s liberal principles and the underlying reality of power politics, exploring what the Doha conflict tells us about the current and coming balance of power in the global economy. |
Imprint Name: | Stanford University Press |
Publisher Name: | Stanford University Press |
Country of Publication: | GB |
Publishing Date: | 2016-08-03 |