A WORLD TRADE ORGANIZATION FOR THE 21ST CENTURY: THE ASIAN PERSPECTIVE

Book ID/图书代码： 04289514B75905

English Summary/英文概要： The global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. Postwar global architecture was guided by major developed economies, centered around the IMF, the GATT and the World Bank. Today, the balance of economic power is shifting toward emerging economies. Global governance and economic policy must reflect this shift. The world trading system, led by the World Trade Organization (WTO), is under pressure to evolve and address 21st century trade issues. Meanwhile, economically salient Asia has built deep supply chains over decades, whilst experimenting with mega-regional trade agreements and economic policies to sustain growth amid a fragile economy. The Asian-led Regional Comprehensive Economic Partnership (RCEP) and the United States-led Trans-Pacific Strategic Economic Partnership (TPP) are competing to set standards for Asia’s trade and supply chains. With contributions from prominent Asian and international trade experts, this book critically examines key changes occurring in the world trading system and explores policy implications for Asia. Lessons from the Asian experience offer new approaches and economic policies to sustain growth, presenting the WTO as forum for action to improve global and regional trade governance in the 21st century. Policy makers will benefit from the expert knowledge and policy lessons presented in this book, and development economists and researchers will profit from its critical examination of the world trading system. Undergraduate and postgraduate students interested in development, development economics, international development and related fields will find this essential supplementary reading.

Chinese Summary/中文概要： 全球金融危机暴露了全球经济体系的重大缺陷，关于这些缺陷可能的补救措施，国际上产生了广泛的争论。战后的全球体系由主要发达经济体操纵，并以国际货币基金组织，世界银行和关贸总协定为中心。如今，经济力量平衡正向新兴经济体转移。全球统治与经济政策必须反映这一变化。世界贸易体系由世界贸易组织（WTO）所领导，在发展的压力下解决二十一世纪贸易事宜。同时，经济上显着的亚洲在过去的几十年里已经建立了深远的供应链，同时以大区域贸易协定和经济政策为实验，在经济脆弱的情况下维持经济增长。亚洲主导的区域综合经济伙伴关系（RCEP）和美国主导的跨太平洋战略经济伙伴协定（TPP）的正在相互竞争为亚洲的贸易和供应链定下标准。书中有来自著名的亚洲和国际贸易专家的贡献，详细地调查了世界贸易体系发生的主要变化，以及亚洲的政策影响。来自亚洲的经验为维持经济增长提供了新的方法和经济政策，并且将WTO作为改善二十一世纪的全球和区域贸易治理的讨论会。政策制定者将从本书中提供的专家知识和政策经验中获益良多，而发展经济学家和研究人员将从书中提供的世界贸易体系的关键批判中收获颇多。对发展，发展经济学，国际发展和相关领域感兴趣的本科生和研究生会发现这本书是重要的补充阅读。(LNL)

Awards/获奖情况：“这本独特的文章汇编解决了一个核心的政治经济问题：市场控制和贸易规则如何相互作用？其崭新地从亚洲视角对我们理解以条约为基础的区域和双边经济一体化如何由亚洲工厂现象驱动做出了非常及时的贡献。作者还令人信服地展示了世界贸易组织适合在那些地方建立。得到学者和专家一致好评的一个内容丰富的阅读。“-曼弗雷德•艾尔西，伯尔尼大学，瑞士

’This unique compilation of essays addresses a core political-economy question: how do market forces and trade regulation interact? Its fresh Asian perspective offers a much needed contribution to our understanding of how treaty-based regional and bilateral economic integration is driven by the factory Asia phenomenon. The authors also compellingly show where the World Trade Organization could fit in. An informative read for scholars and experts alike.’ - Manfred Elsig, University of Bern, Switzerland

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