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Antidumping Law
Policy and Implementation
John H. Jackson, Editor
University of Michigan Press, 1979
Few issues in international trade display a volatility like that of antidumping law. In Antidumping Law: Policy and Implementation the practitioner will find thoughtful expositions of current administration of the laws. Instructive analyses of International Trade Commission standards, the “fast track” procedure, and judicial review of ITC and the Department of Treasury determinations are presented. The Appendix offers an invaluable resource for United States and foreign antidumping law scholars and practitioners.
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China’s Challenges and International Order Transition
Beyond “Thucydides's Trap”
Edited by Huiyun Feng and Kai He
University of Michigan Press, 2020

China’s Challenges and International Order Transition introduces an integrated conceptual framework of “international order” categorized by three levels (power, rules, and norms) and three issue-areas (security, political, and economic). Each contributor engages one or more of these analytical dimensions to examine two questions: (1) Has China already challenged this dimension of international order? (2) How will China challenge this dimension of international order in the future?

The contested views and perspectives in this volume suggest it is too simple to assume an inevitable conflict between China and the outside world. With different strategies to challenge or reform the many dimensions of international order, China’s role is not a one-way street. It is an interactive process in which the world may change China as much as China may change the world.

The aim of the book is to broaden the debate beyond the “Thucydides Trap” perspective currently popular in the West. Rather than offering a single argument, this volume offers a platform for scholars, especially Chinese scholars vs. Western scholars, to exchange and debate their different views and perspectives on China and the potential transition of international order.

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China's Global Identity
Considering the Responsibilities of Great Power
Hoo Tiang Boon
Georgetown University Press, 2018

China is today regarded as a major player in world politics, with growing expectations for it to do more to address global challenges. Yet relatively little is known about how it sees itself as a great power and understands its obligations to the world.

In China’s Global Identity, Hoo Tiang Boon embarks on the first sustained study of China’s great power identity. Focus is drawn to China’s positioning of itself as a responsible power and the underestimated role played by the United States in shaping this face. In 1995 President Bill Clinton notably called for China to become a responsible great power, one that integrates itself into existing international institutions and becomes a leader in solving global problems. Chinese leaders were at that time already debating their future course and obligations to the world. Hoo examines this ongoing internal debate through Chinese sources and reveals the underestimated role that the United States has in this dialogue. Unraveling the big power politics, history, events, and ideas behind the emergence and evolution of China’s great power identity, the book provides fresh insights into the real-world issues of how China might use its power as it grows. The question of China’s role as a responsible power has real-world implications for its diplomacy and trajectory, as well as the responses of states adjusting to these shifts. The book offers a new lens for scholars, policy professionals, diplomats, and students in the fields of international relations and Asian affairs to make sense of China’s rise and its impact on America and global order.

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Contesting Trade in Central America
Market Reform and Resistance
By Rose J. Spalding
University of Texas Press, 2014

In 2004, the United States, five Central American countries, and the Dominican Republic signed the Central American Free Trade Agreement (CAFTA), signaling the region’s commitment to a neoliberal economic model. For many, however, neoliberalism had lost its luster as the new century dawned, and resistance movements began to gather force. Contesting Trade in Central America is the first book-length study of the debate over CAFTA, tracing the agreement’s drafting, its passage, and its aftermath across Central America.

Rose J. Spalding draws on nearly two hundred interviews with representatives from government, business, civil society, and social movements to analyze the relationship between the advance of free market reform in Central America and the parallel rise of resistance movements. She views this dynamic through the lens of Karl Polanyi’s “double movement” theory, which posits that significant shifts toward market economics will trigger oppositional, self-protective social countermovements. Examining the negotiations, political dynamics, and agents involved in the passage of CAFTA in Costa Rica, El Salvador, and Nicaragua, Spalding argues that CAFTA served as a high-profile symbol against which Central American oppositions could rally. Ultimately, she writes, post-neoliberal reform “involves not just the design of appropriate policy mixes and sequences, but also the hard work of building sustainable and inclusive political coalitions, ones that prioritize the quality of social bonds over raw economic freedom.”

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Democracy and Trade Policy in Developing Countries
Bumba Mukherjee
University of Chicago Press, 2016
Since the 1970s, two major trends have emerged among developing countries: the rise of new democracies and the rush to free trade. For some, the confluence of these events suggests that a free-market economy complements a fledgling democracy. Others argue that the two are inherently incompatible and that exposure to economic globalization actually jeopardizes new democracies. Which view is correct? Bumba Mukherjee argues that the reality of how democracy and trade policy unravel in developing countries is more nuanced than either account.

Mukherjee offers the first comprehensive cross-national framework for identifying the specific economic conditions that influence trade policy in developing countries. Laying out the causes of variation in trade policy in four developing or recently developed countries—Brazil, India, Indonesia, and South Africa—he argues persuasively that changing political interactions among parties, party leaders, and the labor market are often key to trade policy outcome. For instance, if workers are in a position to benefit from opening up to trade, party leaders in turn support trade reforms by decreasing tariffs and other trade barriers.

At a time when discussions about the stability of new democracies are at the forefront, Democracy and Trade Policy in Developing Countries provides invaluable insight into the conditions needed for a democracy to survive in the developing world in the context of globalization.
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Global Rivalries
Standards Wars and the Transnational Cotton Trade
Amy A. Quark
University of Chicago Press, 2013
As the economies of China, India, and other Asian nations continue to grow, these countries are seeking greater control over the rules that govern international trade. Setting the rules carries with it the power to establish advantage, so it’s no surprise that everyone wants a seat at the table—or that negotiations over rules often result in stalemates at meeting of the World Trade Organization.

Nowhere is the conflict over rule setting more evident than in the simmering “standards wars” over the rules that define quality and enable the adjudication of disputes. In Global Rivalries, Amy A. Quark explores the questions of how rules are made, who makes them, and how they are enforced, using the lens of cotton—a simple commodity that has become a poignant symbol of both the crisis of Western rule making power and the potential for powerful new rivals to supplant it. Quark traces the strategies for influencing rule making processes employed not only by national governments but also by transnational corporations, fiber scientists, and trade associations from around the globe. Quark analyzes the efficacy of their approaches and the implications for more marginal actors in the cotton trade, including producers in West Africa.

By placing the current contest within the historical development of the global capitalist system, Global Rivalries highlights a fascinating interaction of politics and economics.

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The Great Global Transformation
The United States, China, and the Remaking of the World Economic Order
Branko Milanovic
University of Chicago Press, 2026
From the essential chronicler of the world economy, a portrait of the Great Powers in transition.

The world’s two great economic powers are on opposite trajectories. In the United States, decades of neoliberal policies produced a small class of rich elites and gutted the middle class. In China, the same global forces have created a massive new upper class. The result is the greatest reshuffling of global incomes since the Industrial Revolution—a dramatic shakeup of each country’s political order. As the two powers retreat from one another, the implications for their futures, and for the world economy, are uncertain.

In The Great Global Transformation, acclaimed economist Branko Milanovic draws on original research to chart how these seismic shifts will shape the next century of the global economy. As both the US and China retreat into protectionism, Milanovic shows how a new and multipolar world order will follow—and how rising nationalism will have dramatically different effects on the two countries. And he shows us the fight ahead: as plutocracy returns, global war threatens, and a new system silently shapes our nations, driving populist discontent to the breaking point.

A worthy successor to Capitalism, Alone and his other landmark works, Milanovic’s new book announces the arrival of a new era he terms “national market liberalism,” in which liberalism survives in domestic economies, but not necessarily in the social arena. The Great Global Transformation is Milanovic’s indispensable account of the new twenty-first century now underway.
 
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The Great Global Transformation
The United States, China, and the Remaking of the World Economic Order
Branko Milanovic
University of Chicago Press, 2026
This is an audiobook version of this book.

From the essential chronicler of the world economy, a portrait of the Great Powers in transition.


The world’s two great economic powers are on opposite trajectories. In the United States, decades of neoliberal policies produced a small class of rich elites and gutted the middle class. In China, the same global forces have created a massive new upper class. The result is the greatest reshuffling of global incomes since the Industrial Revolution—a dramatic shakeup of each country’s political order. As the two powers retreat from one another, the implications for their futures, and for the world economy, are uncertain.

In The Great Global Transformation, acclaimed economist Branko Milanovic draws on original research to chart how these seismic shifts will shape the next century of the global economy. As both the US and China retreat into protectionism, Milanovic shows how a new and multipolar world order will follow—and how rising nationalism will have dramatically different effects on the two countries. And he shows us the fight ahead: as plutocracy returns, global war threatens, and a new system silently shapes our nations, driving populist discontent to the breaking point.

A worthy successor to Capitalism, Alone and his other landmark works, Milanovic’s new book announces the arrival of a new era he terms “national market liberalism,” in which liberalism survives in domestic economies, but not necessarily in the social arena. The Great Global Transformation is Milanovic’s indispensable account of the new twenty-first century now underway.
 
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Greening China
The Benefits of Trade and Foreign Direct Investment
Ka Zeng and Joshua Eastin
University of Michigan Press, 2011

“The authors make some very critical interventions in this debate and scholars engaged in the environmental ‘pollution haven’ and ‘race to the bottom’ debates will need to take the arguments made here seriously, re-evaluating their own preferred theories to respond to the insightful theorizing and empirically rigorous testing that Zeng and Eastin present in the book.”
—Ronald Mitchell, University of Oregon

China has earned a reputation for lax environmental standards that allegedly attract corporations more interested in profit than in moral responsibility and, consequently, further negate incentives to raise environmental standards. Surprisingly, Ka Zeng and Joshua Eastin find that international economic integration with nation-states that have stringent environmental regulations facilitates the diffusion of corporate environmental norms and standards to Chinese provinces. At the same time, concerns about “green” tariffs imposed by importing countries encourage Chinese export-oriented firms to ratchet up their own environmental standards. The authors present systematic quantitative and qualitative analyses and data that not only demonstrate the ways in which external market pressure influences domestic environmental policy but also lend credence to arguments for the ameliorative effect of trade and foreign direct investment on the global environment.
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Iron Will
Global Extractivism and Mining Resistance in Brazil and India
Markus Kröger
University of Michigan Press, 2020
Iron Will lays bare the role of extractivist policies and efforts to resist these policies through a deep ethnographic exploration of globally important iron ore mining in Brazil and India. Markus Kröger addresses resistance strategies to extractivism and tracks their success, or lack thereof, through a comparison of peaceful and armed resource conflicts, explaining how different means of resistance arise. Using the distinctly different contexts and political systems of Brazil and India highlights the importance of local context for resistance. For example, if there is an armed conflict at a planned mining site, how does this influence the possibility to use peaceful resistance strategies? To answer such questions, Kröger assesses the inter-relations of contentious, electoral, institutional, judicial, and private politics that surround conflicts and interactions, offering a new theoretical framework of “investment politics” that can be applied generally by scholars and students of social movements, environmental studies, and political economy, and even more broadly in Social Scientific and Environmental Policy research.

By drawing on a detailed field research and other sources, this book explains precisely which resistance strategies are able to influence both political and economic outcomes. Kröger expands the focus of traditionally Latin American extractivism research to other contexts such as India and the growing extractivist movement in the Global North. In addition, as the book is a multi-sited political ethnography, it will appeal to sociologists, political scientists, anthropologists, geographers, and others using field research among other methods to understand globalization and global political interactions. It is the most comprehensive book on the political economy and ecology of iron ore and steel. This is astonishing, given the fact that iron ore is the second-most important commodity in the world after oil.
 
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Narrowing the Channel
The Politics of Regulatory Protection in International Trade
Robert Gulotty
University of Chicago Press, 2020
While large, multinational corporations have supported the removal of tariffs, behind the scenes these firms have fought for protection in the form of product regulations, including testing, labeling, and registration requirements. Unlike tariffs, these regulations can raise fixed costs, excluding smaller firms from the market and shifting profits toward global giants.

Narrowing the Channel demonstrates that globalization and globalized firms can paradoxically hinder rather than foster economic cooperation as larger firms seek to protect their markets through often unnecessarily strict product regulations. To illustrate the problem of regulatory protectionism, Robert Gulotty offers an in-depth analysis of contemporary rulemaking in the United States and the European Union in the areas of health, safety, and environmental standards. He shows how large firms seek regulatory schemes that disproportionately disadvantage small firms. When multinationals are embedded in the local economy, governments too have an incentive to use these regulations to shift profits back home. Today, the key challenge to governing global trade is not how much trade occurs but who is allowed to participate, and this book shows that new rules will be needed to allow governments to widen the benefits of global commerce and avoid further inequality and market concentration.
 
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Oil, Banks, and Politics
The United States and Postrevolutionary Mexico, 1917–1924
By Linda B. Hall
University of Texas Press, 1995

Mexico was second only to the United States as the world's largest oil producer in the years following the Mexican Revolution. As the revolutionary government became institutionalized, it sought to assure its control of Mexico's oil resources through the Constitution of 1917, which returned subsoil rights to the nation. This comprehensive study explores the resulting struggle between oil producers, many of which were U.S. companies, and the Mexican government.

Linda Hall goes beyond the diplomacy to look at the direct impact of a powerful, highly profitable foreign-controlled industry on a government and a nation trying to recover from a major civil war. She draws on extensive research in Mexican archives, including both government sources and the private papers of Presidents Alvaro Obregón and Plutarco Elías Calles, as well as U.S. government and private sources.

Since the North American Free Trade Agreement has expanded United States business ties to Mexico, this study of a crucial moment in U.S.-Mexican business relations will be of interest to a wide audience in business, diplomatic, and political history.

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Politics and Foreign Direct Investment
Nathan M. Jensen, Glen Biglaiser, Quan Li, Edmund Malesky, Pablo M. Pinto, Santiago M. Pinto, and Joseph L. Staats
University of Michigan Press, 2012
For decades, free trade was advocated as the vehicle for peace, prosperity, and democracy in an increasingly globalized market. More recently, the proliferation of foreign direct investment has raised questions about its impact upon local economies and politics. Here, seven scholars bring together their wide-ranging expertise to investigate the factors that determine the attractiveness of a locale to investors and the extent of their political power. Multinational corporations prefer to invest where legal and political institutions support the rule of law, protections for property rights, and democratic processes. Corporate influence on local institutions, in turn, depends upon the relative power of other players and the types of policies at issue.
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Regional Economic Institutions and Conflict Mitigation
Design, Implementation, and the Promise of Peace
Yoram Z. Haftel
University of Michigan Press, 2014

In addition to the explicit goal of advancing mutual economic interests, regional economic organizations (REOs) are intended to foster regional cohesion and peace. Drawing on a data set detailing the institutional features of 25 REOs established during the 1980s and 1990s, complemented by a case study of ASEAN, Yoram Z. Haftel investigates the factors that affect REOs' ability to mitigate interstate military conflict. He finds fewer interstate conflicts among REO members who have developed high levels of economic integration and who cultivate regular interaction among member-states' representatives. Haftel concludes that, with an appropriate institutional design and fully implemented agreements, an REO can indeed play a role in mitigating interstate conflict and make a meaningful contribution to regional peace.

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The Road to OPEC
United States Relations with Venezuela, 1919-1976
By Stephen G. Rabe
University of Texas Press, 1982

On September 10, 1960, Venezuela spearheaded the formation of the Organization of Petroleum Exporting Countries (other original members included Saudi Arabia, Iran, Iraq, and Kuwait). However, in a world abundantly supplied with oil, the United States could and did ignore Venezuelan suggestions that OPEC and the consuming nations work together to control production and to increase prices. Then, in late 1973, OPEC sent shudders throughout the world economy, and an energy crisis struck with full force. Emboldened by the power of their oil cartel, Venezuelan leaders denounced the old economic relationship with the United States, nationalized U.S. oil and steel holdings, and fashioned a foreign economic policy that differed sharply from Washington's.

The Road to OPEC is the story of the fiery debates among U.S. oil companies, the Department of State, and the Venezuelan government over oil policies—clashes that led Venezuela to establish OPEC and to nationalize U.S.-owned properties. In addition, this is the first study of twentieth-century Venezuelan-U.S. relations. Its focus on oil diplomacy is placed within the context of key U.S. policies toward Latin America and such programs as the Open Door, the Good Neighbor, and the Alliance for Progress. The author also provides insight into both the politics of the contemporary energy crisis and the growing split between raw-material producers and their industrial customers.

The Road to OPEC is based on extensive archival research, as well as the author's successful use of the Freedom of Information Act to declassify files of such agencies as the National Security Council and the CIA.

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Sino–Malay Trade and Diplomacy from the Tenth through the Fourteenth Century
Derek Heng
Ohio University Press, 2009

China has been an important player in the international economy for two thousand years and has historically exerted enormous influence over the development and nature of political and economic affairs in the regions beyond its borders, especially its neighbors.

Sino–Malay Trade and Diplomacy from the Tenth through the Fourteenth Century examines how changes in foreign policy and economic perspectives of the Chinese court affected diplomatic intercourse as well as the fundamental nature of economic interaction between China and the Malay region, a subregion of Southeast Asia centered on the Strait of Malacca.

This study’s uniqueness and value lie in its integration of archaeological, epigraphic, and textual data from both China and Southeast Asia to provide a rich, multilayered picture of Sino–Southeast Asian relations in the premodern era. Derek Heng approaches the topic from both the Southeast Asian and Chinese perspectives, affording a dual narrative otherwise unavailable in the current body of Southeast Asian and China studies literature.

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The Strategy of Sanctions
From Antiquity to the 21st Century
S.C.M. Paine and Anand Toprani, eds.
University of Michigan Press, 2026

In recent decades, sanctions have become the preferred tool for the nonviolent coercion of other nations. The US government employs sanctions and embargoes to pressure not only enemies but sometimes even its friends. Despite their ubiquity, the debate over their efficacy continues. Measuring their success is controversial since many sanctions are economic, while the desired outcomes are political. Under what circumstances can sanctions or embargoes deliver their intended policy objectives at an acceptable cost? How can they best be integrated with other available instruments of national power?

The Strategy of Sanctions uses case studies from antiquity to the present to evaluate the strategic utility of sanctions and embargoes. The authors utilize a blended approach combining earlier definitions of sanctions, concepts from teaching of strategy, as well as terms of their own creation. They apply a common framework for teaching strategy, which disaggregates operational-level from strategic-level goals, and goals from strategies. By examining sanctions in different eras and contexts, the book highlights the circumstances that are most conducive to their efficacy.

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Tax Reform and the Alliance for Progress
By Raynard M. Sommerfeld
University of Texas Press, 1966

The Alliance for Progress was a program intended to stimulate and aid the economic development of the peoples of Latin America. It proposed that the United States and nineteen Latin American republics pool financial and technical resources to aid the peoples of all these republics in achieving better living standards, greater human dignity, and increased political freedom. Although achievement of these goals depended partially upon the availability of external assistance, it depended even more upon the ability and willingness of the Latin Americans themselves to make numerous far-reaching institutional reforms within their countries.

One of the most important needs was in the area of tax reform, which had been made a quid pro quo for the twenty billion dollars promised by the United States through the program. This limitation upon the use of United States funds made obvious the need for a means of evaluating the adequacy of Latin American tax-reform efforts. In this study Raynard M. Sommerfeld presents an examination of this problem and recommends basic criteria for such evaluation. The study reviews the objectives of the Alliance for Progress, investigates the prevailing tax systems in the Latin American republics, and offers recommendations for tax-reform efforts to harmonize tax policy with the economic development goals stipulated in the Charter of Punta del Este.

The author emphasizes and reiterates the fact that thorough studies of the individual countries are necessary for the planning of truly adequate tax reform. He offers the facts developed in his study as interim tools for United States Alliance for Progress agencies in evaluating Latin American tax-reform efforts, for Latin American planners seeking to guide their countries most easily on the road to economic maturity, and for all scholars, teachers, and students interested in the fields of Latin American economics, taxation, and political history.

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Transition Scenarios
China and the United States in the Twenty-First Century
David P. Rapkin and William R. Thompson
University of Chicago Press, 2013
China’s rising status in the global economy alongside recent economic stagnation in Europe and the United States has led to considerable speculation that we are in the early stages of a transition in power relations. Commentators have tended to treat this transitional period as a novelty, but history is in fact replete with such systemic transitions—sometimes with perilous results. Can we predict the future by using the past? And, if so, what might history teach us?

With Transition Scenarios, David P. Rapkin and William R. Thompson identify some predictors for power transitions and take readers through possible scenarios for future relations between China and the United States. Each scenario is embedded within a particular theoretical framework, inviting readers to consider the assumptions underlying it. Despite recent interest in the topic, the probability and timing of a power transition—and the processes that might bring it about—remain woefully unclear. Rapkin and Thompson’s use of the theoretical tools of international relations to crucial transitions in history helps clarify the current situation and also sheds light on possible future scenarios.

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The U.S.–China Trade War
Global News Framing and Public Opinion in the Digital Age
Louisa Ha
Michigan State University Press, 2022
Drawing on data from three national surveys, three content analyses, computational topic modeling, and rhetorical analysis, The U.S.–China Trade War sheds light on the twenty-first century’s most high-profile contest over global trade to date. Through diverse empirical studies, the contributors examine the effects of news framing and agenda-setting during the trade war in the Chinese and U.S. news media. Looking at the coverage of Chinese investment in the United States, the use of peace and war journalism frames, and the way media have portrayed the trade war to domestic audiences, the studies explore how media coverage of the trade war has affected public opinion in both countries, as well as how social media has interacted with traditional media in creating news. The authors also analyze the roles of traditional news media and social media in international relations and offer insights into the interactions between professional journalism and user-generated content—interactions that increasingly affect the creation and impact of global news. At a time when social media are being blamed for spreading misinformation and rumors, this book illustrates how professional and user-generated media can reduce international conflicts, foster mutual understanding, and transcend nationalism and ethnocentrism.
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Where FDI Goes in Decentralized Authoritarian Countries
The Politics of Taiwanese Site Selection for Investment in Mainland China
Kelan Lu
University of Michigan Press, 2023

Among all the decentralized authoritarian countries, China is distinctive not only because of its emergence as one of the largest foreign direct investment (FDI) recipient countries with one of the highest levels of fiscal decentralization, but also because of the combination of its fiscal decentralization and the cadre promotion system as incentive institutions for attracting FDI inflows. China is an important case to empirically investigate the impact of fiscal autonomy on adversarial investment because it has become the largest investment destination of its long-term adversary, Taiwan, with Taiwanese FDI being among the largest FDI in mainland China. Given the special role played by local Chinese governments in attracting and hosting Taiwanese FDI, it is important to study the differences between where Taiwanese FDI and other FDI goes.

Given the uniqueness of the China case and that of Taiwanese investment in mainland China, this book explores the following questions. What determines where FDI goes in authoritarian countries like China? Fiscal decentralization has been argued to be a driving force of skyrocketing FDI inflows in China due to its impact on local governments’ incentives. However, is the impact of fiscal autonomy on FDI monolithic with the dynamically changing levels of FDI inflows at the lower administrative levels in China, especially with its special cadre management system? Does the impact of fiscal decentralization on FDI strengthen or weaken or stay the same when attracting FDI inflows from adversarial states? And what are the implications of such adversarial investment—especially as it diffuses from coastal cities to the interior regions, or from key cities to peripheral regions—of decentralized authoritarian countries targeted by this investment?

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