Peace and Prosperity through World Trade Achieving the 2019 Vision [Paperback]

A broad overview of the forces that shape international trade and global interdependence, first published in 2010.The world of international trade is still far from being a level playing field. This 2010 book shows how we can address the shortcomings of the multilateral trading system and turn it into one of the key global instruments to achieve peace and prosperity in the twenty-first century.The world of international trade is still far from being a level playing field. This 2010 book shows how we can address the shortcomings of the multilateral trading system and turn it into one of the key global instruments to achieve peace and prosperity in the twenty-first century.The International Chamber of Commerce (ICC) was created in 1919 by business leaders who described themselves as merchants of peace' and whose motto was world peace through world trade'. Since then a number of initiatives, including the founding of the WTO in 1995, have provided the proper regulatory conditions for a dramatic increase in world trade. This has generated unprecedented growth and allowed many countries to enjoy great gains in wealth and welfare. Yet despite these gains we are still far from achieving the ICC's goal of world peace through world trade. This book provides a broad overview of the forces that shape international trade and global interdependence, showing business leaders and entrepreneurs how we can address the shortcomings of the multilateral trading system. Most importantly, it shows how we can turn international trade into one of the key global instruments to achieve peace and prosperity in the twenty-first century.List of illustrations; List of contributors; Foreword; Preface: the ICC vision; Historical overview; Editorial note; Part I. Global Systemic Transformations: Editorial introduction; 1. Trade in the new Asian hemisphere; 2. US allegiance to the multilateral trading system: from ambivalence to shared leadership; 3. Trade for development: the case of China; 4. Trl3—