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Product details
File Size: 3177 KB
Print Length: 190 pages
Publisher: Praeger; 1 edition (June 15, 2018)
Publication Date: June 15, 2018
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B07DWHRRTL
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David Jacoby’s latest book, Trump, Trade and the End Of Globalization, combines the perspectives of economics, trade policy, politics, environmental protection, and social justice.Today’s world order has evolved through the formation of dozens of customs unions and currency unions. Jacoby succinctly describes the path that has led to each major and minor trade pact. He tabulates the current exports and imports of goods and of services for each major trading block in Western Europe, East Asia, and North America. Germany, China, and the United States, predominant countries in each trading block, their key trading partners, and their percentage of the total balance of trade are also detailed.The book mainly develops a case for why the United States is struggling to compete in international trade and proposes a solution to turn that around. Jacoby expands on purely financial thinking incorporating economic, environmental, and social constructs such as the genuine progress indicator (GPI). He portrays all the drivers of change in two figures: “View from the West†and “View from the Eastâ€.Finally, Jacoby segments world countries into three categories: Isolationists countries, free-trade countries, and welfare states in order to explore three plausible scenarios for future trading relationships. One is isolationism post Brexit, post NAFTA, post TPP. Another is bilateralism, and the third is neo-multilateralism. These three scenarios define the conditions for trade, the number of countries in an agreement, and whether world trade will be led by a predominant trading block or remains largely fragmented.Trump, Trade and the End Of Globalization is a carefully researched, balanced treatise on the current state of globalization.William T. Walker, CFPIM, CSCP-F, CLTD-F, CIRMAuthor of Supply Chain Architecture and Supply Chain ConstructionAdjunct Professor of Supply Chain Engineering, NYU Tandon School of EngineeringRetired Supply Chain Director, StarTrak Information Technology Systems, LLC
This is a timely as well as an interesting book. The author explains the trade agreements now in effect and follows through with a description of the governing systems of mature and developing countries as well as various election systems. Different scenarios are envisioned by the author that takes into account the likely outcome if the president withdraws from trade agreements or goes forward with bilateral or multilateral agreements. There is a wealth of information in this book that can be appreciated and understood by all, whether you are in business and finance, an economist or a layperson This book shows how trade impacts all of us. I highly recommend it.
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