Political Economy of the U.S.-Canada Softwood Lumber Dispute PDF Download

Author: Joseph A. McKinney
Publisher: Orono, ME : Canadian-American Center, University of Maine
ISBN:
Category : Business & Economics
Languages : en
Pages : 64

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Author: Daowei Professor Zhang
Publisher: Earthscan
ISBN: 1936331586
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
As a forester interested in economics and policy, Daowei Zhang followed the softwood lumber dispute between the U.S. and Canada for nearly 20 years. Dubbed the 'Softwood Lumber War,' the conflict enveloped politicians and business leaders on both sides of the border and placed strains on the historically close economic and political relations between the two countries. This book is an unprecedentedly detailed evaluation of how the conflict began and how it was sustained for such a long period of time. The book considers the implications that may follow from the 2006 agreement between the nations, and the broader lessons that might be learned about international trade conflicts. The early 1980s was a difficult time for U.S. lumber producers. Finding their domestic market share in decline, they requested restrictions on Canadian lumber imports. Alleging that the Canadian producers were being subsidized, they eventually secured a 15 percent export tax on Canadian lumber in 1986. A long series of trade battles followed against a background of shortages in the U.S. timber supply, changing international markets, and the establishment of the North American Free Trade Agreement and the World Trade Organization. Canada and the United States are the world's largest trading partners, but, as Zhang demonstrates, it is a relationship in which domestic pressure groups, different institutional structures within each government, and differences in the relative economic power of each country remain extremely important determinants of foreign policy. The fact that the softwood lumber dispute has taken so long to resolve-and the prospect that the 2006 agreement has the potential to be undone by continuing litigation and trade friction-raise important questions about international relations in a world that is supposedly moving toward free trade.

Author: Michael Percy
Publisher: IRPP
ISBN: 9780886450571
Category : Nature
Languages : en
Pages : 228

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Author: Arye L. Hillman
Publisher: Taylor & Francis
ISBN: 1136455493
Category : Business & Economics
Languages : en
Pages : 178

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Book Description
This book examines how trade policy is determined in democratic countries, and illustrates how protectionist policies are engendered by political processes that allow groups to pursue their own interests.

Author: Daowei Zhang
Publisher: Routledge
ISBN: 1136524096
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
As a forester interested in economics and policy, Daowei Zhang followed the softwood lumber dispute between the U.S. and Canada for nearly 20 years. Dubbed the 'Softwood Lumber War,' the conflict enveloped politicians and business leaders on both sides of the border and placed strains on the historically close economic and political relations between the two countries. This book is an unprecedentedly detailed evaluation of how the conflict began and how it was sustained for such a long period of time. The book considers the implications that may follow from the 2006 agreement between the nations, and the broader lessons that might be learned about international trade conflicts. The early 1980s was a difficult time for U.S. lumber producers. Finding their domestic market share in decline, they requested restrictions on Canadian lumber imports. Alleging that the Canadian producers were being subsidized, they eventually secured a 15 percent export tax on Canadian lumber in 1986. A long series of trade battles followed against a background of shortages in the U.S. timber supply, changing international markets, and the establishment of the North American Free Trade Agreement and the World Trade Organization. Canada and the United States are the world's largest trading partners, but, as Zhang demonstrates, it is a relationship in which domestic pressure groups, different institutional structures within each government, and differences in the relative economic power of each country remain extremely important determinants of foreign policy. The fact that the softwood lumber dispute has taken so long to resolve-and the prospect that the 2006 agreement has the potential to be undone by continuing litigation and trade friction-raise important questions about international relations in a world that is supposedly moving toward free trade.

Author: Robert E. Baldwin
Publisher: University of Chicago Press
ISBN: 0226036510
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in protectionism among industrial countries. In turn, major analytical developments in international economics have revolutionized trade theory, broadening its scope both by introducing in a more formal manner such concepts as imperfect competition, increasing returns, product differentiation, and learning effects and by including the study of political and economic factors that shape trade policy decisions. This collection of papers—the result of a conference held by the NBER—applies these "new" trade theories to existing world cases and also presents complementary empirical studies that are grounded in more traditional trade theories. The volume is divided into four parts. The papers in part 1 consider the problem of imperfect competition, empirically assessing the economic effect of various trade policies introduced in industries in which the "new" trade theory seems to apply. Those in part 2 isolate the effects of protection from the influences of the many economic changes that accompany actual periods of protection and also examine how the effects from exogenous changes in economic conditions vary with the form of protection. Part 3 provides new empirical evidence on the effect of foreign production by a country's firms on the home country's exports. Finally, in part 4, two key bilateral issues are analyzed: recent U.S.-Japanese trade tensions and the incident involving the threat of the imposition of countervailing duties by the United States on Canadian softwood lumber.

Author: Anne O. Krueger
Publisher: University of Chicago Press
ISBN: 0226455017
Category : Business & Economics
Languages : en
Pages : 474

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Book Description
Exploring the political and economic determinants of trade protection, this study provides a wealth of information on key American industries and documents the process of seeking and conferring protection. Eight analytical histories of the automobile, steel, semiconductor, lumber, wheat, and textile and apparel industries demonstrate that trade barriers rarely have unequivocal benefits and may be counterproductive. They show that criteria for awarding protection do not take into account the interests of consumers or other industries and that political influence and an organized lobby are major sources of protection. Based on these findings, a final essay suggests that current policy fails to consider adequately economic efficiency, the public good, and indirect negative effects. This volume will interest scholars in economics, business, and public policy who deal with trade issues.

Author: Heather Whiteside
Publisher: University of Toronto Press
ISBN: 1487530919
Category : Political Science
Languages : en
Pages : 440

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Book Description
In Canadian Political Economy, experts from a number of disciplinary backgrounds come together to explore Canada’s empirical political economy and the field's contributions to theory and debate. Considering both historical and contemporary approaches to CPE, the contributors pay particular attention to key actors and institutions, as well as developments in Canadian political-economic policies and practices, explored through themes of changes, crises, and conflicts in CPE. Offering up-to-date interpretations, analyses, and descriptions, Canadian Political Economy is accessibly written and suitable for students and scholars. In 17 chapters, the book’s topics include theory, history, inequality, work, free trade and fair trade, co-operatives, banking and finance, the environment, indigeneity, and the gendered politics of political economy. Linking longstanding debates with current developments, this volume represents both a state-of-the-discipline and a state-of-the-art contribution to scholarship.

Author: Thomas Oatley
Publisher: Routledge
ISBN: 1351034642
Category : Political Science
Languages : en
Pages : 456

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Book Description
Broadly viewing the global economy as a political competition that produces winners and losers, International Political Economy holistically and accessibly introduces the field of IPE to students with limited background in political theory, history, and economics. This text surveys major interests and institutions and examines how state and non-state actors pursue wealth and power. Emphasizing fundamental economic concepts as well as the interplay between domestic and international politics, International Political Economy not only explains how the global economy works, it also encourages students to think critically about how economic policy is made in the context of globalization. New to the Sixth Edition Covers the economic impacts of 2016 electoral events, including new Trump administration initiatives related to TPP and NAFTA; the UK and Brexit, and the European populist wave Examines the global financial crisis, EU debt crisis, quantitative easing, global capital flow cycles, and currency wars Probes the death of the Doha Round and explores individual trade preferences, WTO dispute settlement, bilateral investment treaties and global value chains, labor standards, and the role of institutions for economic development Considers how U.S. monetary and fiscal policy shapes the flow of financial capital into and out of emerging market economies with a focus on the "Fragile Five," whether the Chinese Renminbi can displace the dollar as a global currency, and the newly constructed Asian Infrastructure Investment Bank Explores the impact of migration on wages and income inequality, and the growing importance of working remittances as a source of capital for developing countries.

Author: Shashi Kant
Publisher: Springer Science & Business Media
ISBN: 9400757786
Category : Business & Economics
Languages : en
Pages : 299

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Book Description
The current paradigm of forest economics is based on Faustmann Formulation (FF) of land expectation value proposed by Martin Faustmann. It was a great achievement by a forester to propose a formulation that captures some fundamental economic features of capital theory which. However, the followers of the FF approach have trapped themselves into the past, and have not shown any indication of economic acumen of the great Faustmann. This has resulted in a common problem in the current paradigm of forest economics, known as Faustmann Forest Resource Economics (FFRE), to prescribe the application of a single (FF) approach to all situations irrespective of the specific features of the situation. The current state of forest economics is similar to that of neoclassical economics, and is full of inefficiencies. In neoclassical economics, inefficiencies are due to its “locked-in” position in rational economic man, while in forest economics inefficiencies are due to its “locked-in” position in the FF. The focus of this volume is on the new paradigm of forest economics termed as Post-Faustmann Forest Resource Economics (PFFRE). The first chapter lays the foundation of the PFFRE, and presents the key distinctions between the FFRE and the PFFRE. The volume includes twelve other chapters that address issues related to forest economics from perspectives different than the FFRE. Chapter 2 to 6 are focused on issues related to human behavior that is different than the rational economic man, Chapter 7 and 8 on public choice theory, Chapter 9 and 10 on systems approaches, and Chapter 11 to 13 on incremental approaches to incorporate new features in the FFRE.