Deftly navigating the tensions among globalization, national sovereignty, and democracy, Straight Talk on Trade presents an indispensable commentary on today's world economy and its dilemmas, and offers a visionary framework at a critical time when it is most needed.

One of the first analyses of the impact of US-China rivalry on the governance of global trade.

He finds that, in spite of US comparative advantage in service activities, service firms' export participation lags manufacturing firms. Jensen evaluates the impediments to services trade and finds evidence that there is considerable room for liberalization-especially among the large, fast-growing developing economies. The policy recommendations coming out of this path-breaking study are quite clear. The United States should not fear trade in services. It should be pushing aggressively for services trade liberalization. Because other advanced economies have similar comparative advantage in service, the United States should make common cause with the European Union and other advanced economies to encourage the large, fast-growing developing economies to liberalize their service sectors through multilateral negotiations in the General Agreement on Trade in Services and the Government Procurement Agreement.

Trade, along with the free movement of capital, is at the heart of today's international economy. But international trade is an intensely political and contested subject. In this book, Greg Buckman details possible future directions in global energy supplies and balance-of-payments imbalances. He argues that, just as current trading arrangements have been the product of past decisions emerging out of apparently unrelated considerations, so factors like future fossil fuel costs, global warming, and the economic imbalances between North and South are likely to impel a radical reshaping of the WTO and the principles enshrined in its agreements as well as the global trading system in general. A key contribution to thinking about possible trade policy reforms are the reforms and alternatives - themselves not always agreed or sufficiently thought through -- advocated by the global justice movement. This book outlines these diverse proposals to make global trade more sustainable in some detail. This book has been written to be both informative and empowering. It is an important contribution to clearer thinking, more effective campaigning, and fundamental policy reform in the field of international trade.