The global financial crisis of 2008/9 is the Great Depression of the 21st century. For many though, the similarities stop at the Wall Street Crash as the current generation of policymakers have acted quickly to avoid the mistakes of the past. Yet the global crisis has made room for mistakes all of its own. While governments have apparently kept to their word on refraining from protectionist measures in the style of 1930s tariffs, there has been a disturbing rise in "murky protectionism." Seemingly benign, these crisis-linked policies are twisted to favour domestic firms, workers and investors. This book, first published as an eBook on VoxEU.org in March 2009, brings together leading trade policy practitioners and experts - including Australian Trade Minister Simon Crean and former Mexican President Ernesto Zedillo. Initially its aim was to advise policymakers heading in to the G20 meeting in London, but since the threat of murky protectionism persists, so too do their warnings.

A critical and detailed analysis of inequalities of world trade systems.

This book provides a comprehensive understanding of youth development and protection in the Indian context. It reviews the demographic and socio-economic background and future prospects of Indian youth. The book discusses the role of family and culture in the upbringing and development of youth, changing political and socio-economic situations, and the influence of parents and teachers in shaping the future of the youth. The book highlights the nature of adversities faced by children and youth and the subsequent impact on their mental health and well-being. It also examines the efficacy of various skill development programmes and national and international policies designed for the youth. The book will be of interest to students, teachers, and researchers of population sciences, population studies, psychology, childhood studies, development studies, sociology, and youth studies. It will also be of interest to policymakers and NGOs working with children and youth.

This Open Access book analyses the emergence of Russia as a global food power and what it means for global food trade. Russia's strategy for food production and trade has changed significantly since the end of the Soviet period, and this is the first book to take account of Russia's rise as a food power and the global implications of that rise. It includes food trade policy and practice, and developments in regional food trade. This book will be of interest to academics and practitioners in agricultural economics, international trade, and international food trade.

'A compelling contribution to our evolving understanding of the links between trade, aid and security and what the international community needs to do to ensure peace and development in the world.' Achim Steiner, Executive Director, United Nations Environment Programme 'For far too long the international community ahs stood by while countries around the world descend into conflict and anarchy. We need to understand how we can engage more effectively with fragile and failing states. Trade, Aid and Security is an important step in this direction.' Jan Pronk, Special Representative of the UN General Secretary in Sudan and Former Minister of Development and the Environment, The Netherlands. 'As we begin to contemplate what the post-Iraq world will look like it is vital that we reflect on the limits of the utility of hard power and the importance that development can play in avoiding failed states before they fail, preventing conflicts and more successfully re-building states. This timely book makes a most important contribution to that process.' Lord Paddy Ashdown, UN High Representative for Boznia and Herzegovina, 2002 2006 Leader of UK Liberal Democrat Party, 1988 1999 'As UN Special Representative to the Great Lakes Region of Africa I have seen the devastating impact of the trade in conflict resources with my own eyes. Amongst much else, this book shows how different trade and aid politics can tackle the trade in conflict resources and make a real contribution to secure societies. It is essential reading.' Mohamed Sahnoun, Special Representative of the UN Secretary General in Central and East Africa. Iraq, Afghanistan, Darfur. All resonate loudly on the international stage, exposing and illustrating the intractable links between global security, control over naturals resources be it oil, water, timber or 'conflict diamonds' and the manipulation of foreign aid and international trade policy. This volume, written by leading authorities from across the globe, introduces the linkages between trade, aid and security, and exposes how inappropriate or misused trade and aid policy can and do undermine security and contribute to violence and the disintegration of national states. On a practical level they demonstrate how six key areas of trade and aid policy can be used to help forge stability and security, reduce the likelihood of armed conflict, and assist economic and political recovery in our war-torn world.

The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs