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Lecture Notes On International Trade Theory And Policy [Hardcover]

Richard Pomfret (Author)

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Book Description

October 1, 2008
This book provides a comprehensive review of the theory of international trade and trade policy, including coverage of recent areas of research such as heterogeneous firm trade models and trade costs. It then proceeds to analyze the history of trade policies and the evolution of the global trading system, with a primary focus on important policies or controversial issues such as the Doha Round, antidumping duties, regionalism and fair trade.

It aims to emphasize the significance of different theories and how they are interconnected. Unlike other technique-driven international economics textbooks, this book focuses on readers understanding how theory and policy are connected. Written in a lecture note format and in a straightforward manner, the presentation is self-contained with no assumed mathematical knowledge.

Contents: Theory:; The Ricardian Model; Why International Trade?; The Neoclassical Model; A Partial Equilibrium Model of International Trade; International Trade and the Distribution of Income; The Leontief Paradox and Technology Based Trade Theories; Growth and Trade; Economies of Scale and Imperfect Competition; Factor Flows; Policy:; The Theory of Trade Policy; The Political Economy of Trade Policy; Instruments of Trade Policy; International Trade Law and Multilateral Trade Negotiations; Discriminatory Trade Policies and Regionalism; Trade and Development; Trade Costs, Trade Facilitation and Trade in Services; Globalisation.


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About the Author

Dr Richard Pomfret has been Professor of Economics at the University of Adelaide since 1992. Prior to this, he was Professor of Economics at the Johns Hopkins University School of Advanced International Studies in Washington DC, Bologna (Italy) and Nanjing (China). He previously worked at Concordia University in Montréal and the Institut für Weltwirtschaft at the University of Kiel in Germany. His research interests are in economic development and international economics. He has written 17 books, including The Economics of Regional Trading Arrangements (1997, 2001). He has also written textbooks on international trade and on development economics, and has edited a textbook on Australia s trade policies. His most recent book, The Central Asian Economies since Independence, was published by the Princeton University Press in 2006.

Dr Pomfret has acted as advisor to the Australian government and to international organizations. In recent years, he has contributed to the 2005 UNDP Regional Human Development Report Bringing down Borders, the 2006 Asian Development Bank report Central Asia: Increasing Gains from Trade through Regional Cooperation in Trade Policy, Transport, and Customs Transit, and an April 2007 report for the EU Evaluation of the Trade Facilitation Impact of the BOMCA Programme.


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More About the Author

Richard Pomfret is Professor of Economics at the University of Adelaide, Australia, and Adjunct Professor in International Economics, The Johns Hopkins University Bologna Center, Italy.

He has been a Visiting Professor at Fudan University, Shanghai; Simon Fraser University, Canada; Thammasat University, Bangkok; Vanderbilt University, Nashville; the University of Florence; SciencesPo, Paris; Institut für Weltwirtschaft, Kiel, Germany; Université Paris XII; University of Trento, Italy; The Johns Hopkins University Washington DC and Nanjing, China. In 1992-4 he was seconded to the United Nations, advising governments in new independent states of Central Asia, and he has been consultant to multilateral institutions including the Arab Monetary Fund, Asian Development Bank, European Union, OECD, the World Bank and the World Health Organization.

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