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The Fable of the Keiretsu
Urban Legends of the Japanese Economy
Yoshiro Miwa and J. Mark Ramseyer
University of Chicago Press, 2006
For Western economists and journalists, the most distinctive facet of the post-war Japanese business world has been the keiretsu, or the insular business alliances among powerful corporations. Within keiretsu groups, argue these observers, firms preferentially trade, lend money, take and receive technical and financial assistance, and cement their ties through cross-shareholding agreements. In The Fable of the Keiretsu, Yoshiro Miwa and J. Mark Ramseyer demonstrate that all this talk is really just urban legend.

In their insightful analysis, the authors show that the very idea of the keiretsu was created and propagated by Marxist scholars in post-war Japan. Western scholars merely repatriated the legend to show the culturally contingent nature of modern economic analysis. Laying waste to the notion of keiretsu, the authors debunk several related “facts” as well: that Japanese firms maintain special arrangements with a “main bank,” that firms are systematically poorly managed, and that the Japanese government guided post-war growth. In demolishing these long-held assumptions, they offer one of the few reliable chronicles of the realities of Japanese business.
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Fair to Middlin'
The Antebellum Cotton Trade of the Apalachicola/Chattahoochee River Valley
Lynn Willoughby
University of Alabama Press, 2009
Explores the livelihood of the regional antebellum economy surrounding the Apalachicola/Chattahoochee River valley and the resulting global impact of this industry

This study focuses on the port of Apalachicola, Florida and the business men who lived the trade, flourishing amongst the poor conditions of transportation, communication, money, and banking. Cotton businessmen located along the waterway and on the coast neatly divided the labour necessary to market the region's major source of income.

Early regional economics revolved around and grew from the rivers that served as the primary form of transportation, and each patchwork of economy in the antebellum South relied on a different river system and its major transportation artery. Few people truly understand and realize how important cotton was to the world's economy, and no other American export came close to the importance of cotton. This power and success allowed the South to function self-sufficiently, eliminating the need to rely on other regions for goods. It was not until the introduction of the railroad system that these individual river economies blurred and faded into one another, gradually uniting to one integrated national economy.
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Fair Trade Rebels
Coffee Production and Struggles for Autonomy in Chiapas
Lindsay Naylor
University of Minnesota Press, 2019

Reassessing interpretations of development with a new approach to fair trade


Is fair trade really fair? Who is it for, and who gets to decide? Fair Trade Rebels addresses such questions in a new way by shifting the focus from the abstract concept of fair trade—and whether it is “working”—to the perspectives of small farmers. It examines the everyday experiences of resistance and agricultural practice among the campesinos/as of Chiapas, Mexico, who struggle for dignified livelihoods in self-declared autonomous communities in the highlands, confronting inequalities locally in what is really a global corporate agricultural chain.

Based on extensive fieldwork, Fair Trade Rebels draws on stories from Chiapas that have emerged from the farmers’ interaction with both the fair-trade–certified marketplace and state violence. Here Lindsay Naylor discusses the racialized and historical backdrop of coffee production and rebel autonomy in the highlands, underscores the divergence of movements for fairer trade and the so-called alternative certified market, traces the network of such movements from the highlands and into the United States, and evaluates existing food sovereignty and diverse economic exchanges. 

Putting decolonial thinking in conversation with diverse economies theory, Fair Trade Rebels evaluates fair trade not by the measure of its success or failure but through a unique, place-based approach that expands our understanding of the relationship between fair trade, autonomy, and economic development.

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The Fair Trade Revolution
Edited by John Bowes
Pluto Press, 2011
Fair Trade has come a long way in the last 20 years. The Fair Trade Revolution celebrates the movement's achievement and takes up the challenge of improving more lives through fair dealing with producers.

Fair Trade is now mainstream, with large companies like Cadbury's and supermarkets such as Sainsbury's producing and stocking many Fair Trade products. The authors of this collection, many of whom were responsible for the initial success of Fair Trade, emphasise the importance of ensuring that farmers and other producers remain the main beneficiaries. Punchy chapters, illustrated with many real-world examples, cover all the important issues including the tensions between large and small operators, the impact of recession, environmental policy and the danger of large operators embracing Fair Trade more in word than in practice.

Written by the leading lights of the Fair Trade movement, including Harriet Lamb (Executive Director of the Fairtrade Foundation) and Bruce Crowther (Establisher of the world's first Fair Trade Town) this book will inspire activists and consumers to keep making the right choices.
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The Fair Trade Scandal
Marketing Poverty to Benefit the Rich
Ndongo Sylla
Ohio University Press, 2014

This critical account of the fair trade movement explores the vast gap between the rhetoric of fair trade and its practical results for poor countries, particularly those of Africa. In the Global North, fair trade often is described as a revolutionary tool for transforming the lives of millions across the globe. The growth in sales for fair trade products has been dramatic in recent years, but most of the benefit has accrued to the already wealthy merchandisers at the top of the value chain rather than to the poor producers at the bottom.

Ndongo Sylla has worked for Fairtrade International and offers an insider’s view of how fair trade improves—or doesn’t—the lot of the world’s poorest. His methodological framework first describes the hypotheses on which the fair trade movement is grounded before going on to examine critically the claims made by its proponents. By distinguishing local impact from global impact, Sylla exposes the inequity built into the system and the resulting misallocation of the fair trade premium paid by consumers. The Fair Trade Scandal is an empirically based critique of both fair trade and traditional free trade; it is the more important for exploring the problems of both from the perspective of the peoples of the Global South, the ostensible beneficiaries of the fair trade system.

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The Fair Trade Scandal
Marketing Poverty to Benefit the Rich
Ndongo Sylla
Ohio University Press
This critical account of the fair trade movement explores the vast gap between the rhetoric of fair trade and its practical results for poor countries, particularly those of Africa. In the Global North, fair trade often is described as a revolutionary tool for transforming the lives of millions across the globe. The growth in sales for fair trade products has been dramatic in recent years, but most of the benefit has accrued to the already wealthy merchandisers at the top of the value chain rather than to the poor producers at the bottom.
Ndongo Sylla has worked for Fairtrade International and offers an insider’s view of how fair trade improves?—?or doesn’t?—?the lot of the world’s poorest. His methodological framework first describes the hypotheses on which the fair trade movement is grounded before going on to examine critically the claims made by its proponents. By distinguishing local impact from global impact, Sylla exposes the inequity built into the system and the resulting misallocation of the fair trade premium paid by consumers.
The Fair Trade Scandal is an empirically based critique of both fair trade and traditional free trade; it is the more important for exploring the problems of both from the perspective of the peoples of the Global South, the ostensible beneficiaries of the fair trade system.
[more]

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Fallout
Nuclear Diplomacy in an Age of Global Fracture
Grégoire Mallard
University of Chicago Press, 2014
Many Baby Boomers still recall crouching under their grade-school desks in frequent bomb drills during the Cuban Missile Crisis—a clear representation of how terrified the United States was of nuclear war.  Thus far, we have succeeded in preventing such catastrophe, and this is partly due to the various treaties signed in the 1960s forswearing the use of nuclear technology for military purposes.

In Fallout, Grégoire Mallard seeks to understand why some nations agreed to these limitations of their sovereign will—and why others decidedly did not.  He builds his investigation around the 1968 signing of the Nuclear Nonproliferation Treaty (NPT), which, though binding in nature, wasn’t adhered to consistently by all signatory nations. Mallard looks at Europe’s observance of treaty rules in contrast to the three holdouts in the global nonproliferation regime: Israel, India, and Pakistan. He seeks to find reasons for these discrepancies, and makes the compelling case that who wrote the treaty and how the rules were written—whether transparently, ambiguously, or opaquely—had major significance in how the rules were interpreted and whether they were then followed or dismissed as regimes changed. In honing in on this important piece of the story, Mallard not only provides a new perspective on our diplomatic history, but, more significantly, draws important conclusions about potential conditions that could facilitate the inclusion of the remaining NPT holdouts. Fallout is an important and timely book sure to be of interest to policy makers, activists, and concerned citizens alike.
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The Federal Future of Europe
From the European Community to the European Union
Dusan Sidjanski
University of Michigan Press, 2000
The European Union is building step-by-step a new federal system based on states, nations, and regions. In his authoritative and comprehensive book, Dusan Sidjanski describes the formation of the original European Community and the dynamics of the process of integration that has brought the Union to its current state. He then provides a sophisticated analytic framework for considering the future of the Union.
The author argues that federalism is the best antidote to the reemergence of nationalism in Europe. It is also the best guarantee for a peaceful community that balances the claims of national, regional, and local identity against the need for large-scale economies that springs from the forces of globalization, competition, and technical change. The Union preserves diversity within a flexible and innovating European system.
This major study of the development of the European project, informed by a thorough knowledge of the Community and Union over the years and by deep understanding of the relevant literatures in political science and political economy is important for all who study the European Union or work with it as officials and business people.
Dusan Sidjanski is founder and Professor Emeritus of the Department of Political Science, University of Geneva and Professor Emeritus, European Institute. He has authored numerous publications, most recently, The ECE in the Age of Change (United Nations Economic Commission for Europe, United Nations).
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Finance Capitalism Unveiled
Banks and the German Political Economy
Richard Deeg
University of Michigan Press, 1999
If we are moving toward one global financial market, will all national financial systems that determine how businesses raise money look the same? Richard Deeg argues that, despite financial market integration and considerable harmonization in the regulation of financial markets, the traditional structure and economic functions of national financial systems are not inevitably undermined. Using the case of Germany--a country with a strong and distinctive financial sector that is at the center of the pressures of economic integration--the author shows how the unique aspects of the German financial sector and its relationship to the German economy have persisted notwithstanding powerful pressures to change. Posing the German model of coordinated capitalism in which banks play an important role in shaping both firm behavior and the possibilities for state intervention in the economy against the liberal model of the United States and Britain in which the securities markets play a much greater role than banks, Deeg shows how the German model has survived competitive pressures in the international economic system that have pushed Germany--and other countries--toward the liberal model.
This book will appeal to political scientists and economists interested in international financial markets, globalization, and the comparative study of domestic financial markets, as well as in German politics and the German economy.
Richard Deeg is Assistant Professor of Political Science, Temple University.
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Financial Deregulation and Integration in East Asia
Edited by Takatoshi Ito and Anne O. Krueger
University of Chicago Press, 1996
The increased mobility and volume of international capital flows is a striking trend in international finance. While countries worldwide have engaged in financial deregulation, nowhere is this pattern more pronounced than in East Asia, where it has affected in unanticipated ways the behavior of exchange rates, interest rates, and capital flows.

In these thirteen essays, American and Asian scholars analyze the effects of financial deregulation and integration on East Asian markets. Topics covered include the roles of the United States and Japan in trading with Asian countries, macroeconomic policy implications of export-led growth in Korea and Taiwan, the effects of foreign direct investment in China, and the impact of financial liberalization in Japan, Korea, and Singapore.

Demonstrating the complexity of financial deregulation and the challenges it poses for policy makers, this volume provides an excellent picture of the overall status of East Asian financial markets for scholars in international finance and Asian economic development.
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Financial Missionaries to the World
The Politics and Culture of Dollar Diplomacy, 1900–1930
Emily S. Rosenberg
Duke University Press, 2003
Winner of the Society for Historians of American Foreign Relations Robert H. Ferrell Book Prize

Financial Missionaries to the World establishes the broad scope and significance of "dollar diplomacy"—the use of international lending and advising—to early-twentieth-century U.S. foreign policy. Combining diplomatic, economic, and cultural history, the distinguished historian Emily S. Rosenberg shows how private bank loans were extended to leverage the acceptance of American financial advisers by foreign governments. In an analysis striking in its relevance to contemporary debates over international loans, she reveals how a practice initially justified as a progressive means to extend “civilization” by promoting economic stability and progress became embroiled in controversy. Vocal critics at home and abroad charged that American loans and financial oversight constituted a new imperialism that fostered exploitation of less powerful nations. By the mid-1920s, Rosenberg explains, even early supporters of dollar diplomacy worried that by facilitating excessive borrowing, the practice might induce the very instability and default that it supposedly worked against.

"[A] major and superb contribution to the history of U.S. foreign relations. . . . [Emily S. Rosenberg] has opened up a whole new research field in international history."—Anders Stephanson, Journal of American History

"[A] landmark in the historiography of American foreign relations."—Melvyn P. Leffler, author of A Preponderence of Power: National Security, the Truman Administration, and the Cold War

"Fascinating."—Christopher Clark, Times Literary Supplement

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Financial Policies and the World Capital Market
The Problem of Latin American Countries
Edited by Pedro Aspe Armella, Rudiger Dornbusch, and Maurice Obstfeld
University of Chicago Press, 1983

The essays brought together in this volume share a common objective: To bring a unifying methodological approach to the analysis of financial problems in developing, open economies. While the primary focus is on contemporary Latin America, the methods employed and the lessons learned are of wider applicability. The papers address the financial integration issue from three different perspectives. In some cases, a country study is the vehicle for an econometric investigation of a particular external linkage. In other cases, an individual country's experience suggests an economic model in which the stylized facts may be analyzed and developed. A third direction is unabashedly theoretical and formulates more general principles which are broadly applicable rather than country-specific.

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Financial Sector Development in the Pacific Rim
Edited by Takatoshi Ito and Andrew K. Rose
University of Chicago Press, 2009

The reform in Asian financial sectors—especially in banking and stock markets—has been remarkable since the currency crisis of 1997–98. East Asia is now a major player in international finance, providing serious competition to the more traditional financial centers of London and New York. Financial Sector Development in the Pacific Rim provides a rich collection of theoretical and empirical analyses of the growing capital markets in the region.

Bringing together authors from various East Asian and Pacific nations, this volume examines the institutional factors influencing financial innovation, the consequences of financial development, widespread consolidation occurring through mergers and acquisitions, and the implementation of policy reform. Financial Sector Development in the Pacific Rim offers the comparative analysis necessary to answer broad questions about economic development and the future of Asia.

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Financing Prosperity by Dealing with Debt
Edited by Christopher Harker and Amy Horton
University College London, 2022
Transdisciplinary approaches to resolving problematic debt.

In an era when many of us depend on debt to survive but struggle with its consequences, Financing Prosperity by Dealing with Debt draws together current thinking on how to solve debt crises and promote prosperity. By profiling existing action by credit unions and community organizations, alongside bold proposals for the future, with contributions from artists, activists, and academics, the book shows how we can rethink the validity and inevitability of many contemporary forms of debt through organizing debt audits, promoting debt cancellation, and expanding member-owned co-operatives. The authors set out legal and political methods for changing the rules of the system to provide debt relief and reshape economies for more inclusive and sustainable flourishing. The book also profiles community-based actions that are changing the role of debt in economic, social, and political life—among them, participatory art projects, radical advice networks, and ways of financing feminist green transition. This volume moves beyond critique to present a wealth of concrete ways to tackle debt and forge the prosperous communities we want for the future, making it relevant to a broad audience of academics, practitioners, activists, and policymakers.
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The First Global Prosecutor
Promise and Constraints
Martha Minow, C. Cora True-Frost, and Alex Whiting, editors
University of Michigan Press, 2015
The establishment of the International Criminal Court (ICC) gave rise to the first permanent Office of the Prosecutor (OTP), with independent powers of investigation and prosecution. Elected in 2003 for a nine-year term as the ICC’s first Prosecutor, Luis Moreno Ocampo established policies and practices for when and how to investigate, when to pursue prosecution, and how to obtain the cooperation of sovereign nations. He laid a foundation for the OTP’s involvement with the United Nations Security Council, state parties, nongovernmental organizations, victims, the accused, witnesses, and the media.

This volume of essays presents the first sustained examination of this unique office and offers a rare look into international justice. The contributors, ranging from legal scholars to practitioners of international law, explore the spectrum of options available to the OTP, the particular choices Moreno Ocampo made, and issues ripe for consideration as his successor, Fatou B. Bensouda, assumes her duties. The beginning of Bensouda’s term thus offers the perfect opportunity to examine the first Prosecutor’s singular efforts to strengthen international justice, in all its facets.
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Fiscal Institutions and Fiscal Performance
Edited by James M. Poterba and Jürgen von Hagen
University of Chicago Press, 1999
The unprecedented rise and persistence of large-scale budget deficits in many developed and developing nations during the past three decades has caused great concern. The widespread presence of such deficits has proved difficult to explain. Their emergence in otherwise diverse nations defies particularistic explanations aimed at internal economic developments within a specific country.

Fiscal Institutions and Fiscal Performance shifts emphasis away from narrow economic factors to more broadly defined political and institutional factors that affect government policy and national debt. This collection brings together new theoretical models, empirical evidence, and a series of in-depth case studies to analyze the effect of political institutions, fiscal regulations, and policy decisions on accumulating deficits. It provides a fascinating overview of the political and economic issues involved and highlights the role of budgetary institutions in the formation of budget deficits.

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Fiscal Policy and Management in East Asia
Edited by Takatoshi Ito and Andrew K. Rose
University of Chicago Press, 2007
Managing fiscal policy—the revenues and spending of an individual nation—is among the most challenging tasks facing governments. Wealthy countries are constrained by complex regulation and taxation policies, while developing nations often face high inflation and trade taxes. In this volume, esteemed economists Takatoshi Ito and Andrew K. Rose, along with other leading experts, examine the problems and challenges facing public finance in East Asian developing countries as well as the United States and Japan.

Fiscal Policy and Management in East Asia
explores the inefficient tax systems of many developing countries, the relationship between public and private sector economic behavior, and the pressing issue of future obligations that governments have undertaken to provide pensions and health care for their citizens. Featuring both overviews and analyses of the countries discussed, this book will be of value to economists and policymakers seeking to understand fiscal policy in a global context.
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Foreign Aid
Diplomacy, Development, Domestic Politics
Carol Lancaster
University of Chicago Press, 2006

A twentieth-century innovation, foreign aid has become a familiar and even expected element in international relations. But scholars and government officials continue to debate why countries provide it: some claim that it is primarily a tool of diplomacy, some argue that it is largely intended to support development in poor countries, and still others point out its myriad newer uses. Carol Lancaster effectively puts this dispute to rest here by providing the most comprehensive answer yet to the question of why governments give foreign aid. She argues that because of domestic politics in aid-giving countries, it has always been—and will continue to be—used to achieve a mixture of different goals. 

Drawing on her expertise in both comparative politics and international relations and on her experience as a former public official, Lancaster provides five in-depth case studies—the United States, Japan, France, Germany, and Denmark—that demonstrate how domestic politics and international pressures combine to shape how and why donor governments give aid. In doing so, she explores the impact on foreign aid of political institutions, interest groups, and the ways governments organize their giving. Her findings provide essential insight for scholars of international relations and comparative politics, as well as anyone involved with foreign aid or foreign policy.

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Foreign Investment in American Telecommunications
J. Gregory Sidak
University of Chicago Press, 1997
Restrictions on foreign investment in U.S. telecommunications firms have harmed the interests of American consumers and investors, argues J. Gregory Sidak in this convincing study. Sidak shows why these restrictions, originally intended to protect America from the perils of wireless telegraphy by foreign agents, should be repealed.

Basing his analysis on legislative history, statutory and constitutional interpretation, and finance and trade theory, Sidak shows that these restrictions no longer serve their national security purpose (if they ever did). Instead they deny American consumers lower prices and more robust innovation, hamper access of American investors to foreign telecommunications markets, and unconstitutionally impinge on freedom of speech. Sidak's study encompasses the Telecommunications Act of 1996, recent global mergers such as British Telecom-MCI, and the 1997 World Trade Organization agreement to liberalize trade in telecommunications services.
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Forging an Integrated Europe
Barry Eichengreen and Jeffry Frieden, Editors
University of Michigan Press, 1998
As European integration has deepened and become more invasive, the tension between the authority of the European Union and the autonomy of member states has increased, while dissatisfaction with the political institutions of the European Union has increased dramatically. How fast and how far European integration will proceed are critical issues for scholars and policymakers in Europe and the United States. Barry Eichengreen and Jeffry Frieden have assembled a group of prominent economists and political scientists to discuss the most important--and most difficult--political and economic issues involved in European integration. The book focuses on three major issues: economic and monetary union, the reform and development of responsive political institutions for the Union, and the enlargement of the Union to include states to the east.
In examining these issues, the writers consider such prob-lems as the trade-off between the benefits of international economic cooperation and the ability to pursue domestic welfare policies; how to increase the political accountability of the institutions of the EU; and how the EU can both be enlarged in membership and deepened in terms of the powers given community institutions.
The contributors are Steven Arndt, Peter Bofinger, Christian de Boisseu, Michele Fratianni, Geoffrey Garrett, Jurgen von Hagen, Ander Todal Jenssen, Ken Kletzer, Lisa Martin, Jonathan Moses, Jean Pisani-Ferry, and Michael Wallerstein, in addition to the editors.
Barry Eichengreen is Professor of Economics, University of California, Berkeley. Jeffry Frieden is Professor of Government, Harvard University.
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Foundations of World Order
The Legalist Approach to International Relations, 1898–1922
Francis Anthony Boyle
Duke University Press, 1999
In Foundations of World Order Francis Anthony Boyle provides the first historically comprehensive analysis of U.S. foreign policy regarding international law and organizations. Examining the period from the Spanish American War to the establishment of the League of Nations and the Permanent Court of International Justice, Boyle argues that the international legal framework created at the beginning of the twentieth century not only influenced the course of American foreign policy but also provided the foundation upon which relations among states were built.
Although both the League of Nations and the Permanent Court of International Justice were rejected by the U.S. Senate, Boyle shows how the early governance of these institutions—precursors, respectively, to the United Nations and the International Court of Justice—informed later efforts to reduce and regulate transnational threats and the use of military force. Delving into such topics as the United States and its initial stance of neutrality in World War I and its imperial policy toward Latin America and the Caribbean, Boyle offers detailed readings of the relevant treaties, tribunals, and conferences, and assesses the political actors involved. Taking up the legalist point of view, he discusses the codification of customary international law, the obligatory arbitration of international disputes, and the creation of a new regime for the settlement of such disputes.
Boyle has provided in Foundations of World Order a compelling portrait of the relationship between political power and law, and of the impact of these forces on U.S. diplomacy. This volume will serve as a valuable resource to students, scholars, and practitioners of international law; it will also be of great interest to historians and political scientists engaged with issues of U.S. foreign policy and diplomatic history.
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Free Trade
Informal Economies at the U.S.-Mexico Border
Kathleen Staudt
Temple University Press, 1998
In the aspiring global cities of  Ciudad Juarez and El Paso, people generate income and develop their housing informally on both sides of the U.S.-Mexico border. Staudt analyzes women and men in low- and middle-income neighborhoods in the core an in the old and new peripheries of two cities that straddle an international border.

Residents counter national and  international influences to build shelter and incomes, albeit meager. But the political machinery of both the U.S. and Mexico constrains the ability of these quintessential free traders to build political communities and organize around self-sufficient work and housing in visible ways.

Experiences at the border, along the central gateway for capital, job, and labor movement, offer insights to readers as the globalized economy spreads and engulfs the heartlands of both the U.S. and Mexico. People’s everyday victories in countering petty regulations can counter or feed the grand global hegemonies.
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From Here to Free Trade
Essays in Post-Uruguay Round Trade Strategy
Ernest H. Preeg
University of Chicago Press, 1998
In his new book, Ernest Preeg analyzes international trade and investment in the 1990s and lays out a comprehensive U.S. trade strategy for the uncertain period ahead. He examines the influence of the World Trade Organization (WTO) and argues that economic globalization is beneficial to the U.S. economy in the short- to medium-term while raising important questions about national sovereignty and security over the longer term. Preeg believes regional free trade agreements will soon encompass the majority of world trade, but they can conflict with the WTO's multilateral objectives. The central challenge for U.S. trade strategy, then, is to integrate the now largely separate multilateral and regional tracks of the world trading system.

The first essay assesses U.S. interests in economic globalization, the second examines recent steps toward free trade at the multilateral and regional levels, and the next three offer an in-depth critique of U.S. regional free trade objectives in the Americas, across the Pacific, and possibly with Europe. The final essay presents a multilateral/regional synthesis for going from here to free trade over the coming decade.
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From Silver to Cocaine
Latin American Commodity Chains and the Building of the World Economy, 1500–2000
Steven Topik, Carlos Marichal, and Zephyr Frank, eds.
Duke University Press, 2006
Demonstrating that globalization is a centuries-old phenomenon, From Silver to Cocaine examines the commodity chains that have connected producers in Latin America with consumers around the world for five hundred years. In clear, accessible essays, historians from Latin America, England, and the United States trace the paths of many of Latin America’s most important exports: coffee, bananas, rubber, sugar, tobacco, silver, henequen (fiber), fertilizers, cacao, cocaine, indigo, and cochineal (insects used to make dye). Each contributor follows a specific commodity from its inception, through its development and transport, to its final destination in the hands of consumers. The essays are arranged in chronological order, according to when the production of a particular commodity became significant to Latin America’s economy. Some—such as silver, sugar, and tobacco—were actively produced and traded in the sixteenth century; others—such as bananas and rubber—only at the end of the nineteenth century; and cocaine only in the twentieth.

By focusing on changing patterns of production and consumption over time, the contributors reconstruct complex webs of relationships and economic processes, highlighting Latin America’s central and interactive place in the world economy. They show how changes in coffee consumption habits, clothing fashions, drug usage, or tire technologies in Europe, Asia, and the Americas reverberate through Latin American commodity chains in profound ways. The social and economic outcomes of the continent’s export experience have been mixed. By analyzing the dynamics of a wide range of commodities over a five-hundred-year period, From Silver to Cocaine highlights this diversity at the same time that it provides a basis for comparison and points to new ways of doing global history.

Contributors. Marcelo Bucheli, Horacio Crespo, Zephyr Frank, Paul Gootenberg, Robert Greenhill, Mary Ann Mahony, Carlos Marichal, David McCreery, Rory Miller, Aldo Musacchio, Laura Nater, Ian Read, Mario Samper, Steven Topik, Allen Wells

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Fujimori's Peru
The Political Economy
Edited by John Crabtree and Jim Thomas
University of London Press, 1998


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