............ U.S & Global Trade Politics (Fall 2008) ............................... U.S & Global Trade Politics (Fall 2008) ............................... U.S & Global Trade Politics (Fall 2008) ...................   ............ U.S & Global Trade Politics (Fall 2008) ................... ............ U.S & Global Trade Politics (Fall 2008) ...................      

                                                      SEMINAR ON U.S. & GLOBAL TRADE POLITICS

 --- Lecture Topics & Readings --- 

1.      Introduction & President Bush’s Trade Legacy (2001-2008).

2.      Multilateral Trading System & Trade  History.

3.      Trade policy and foreign policy -- U.S. Constitutional Dimensions.

4.     Trade Policy & Foreign Policy:  Case Studies -- WTO, Russia &  Georgia; U.S. - China in the WTO.

5.      Rule-making and rule adjudication in global trade.

6.      Export & Reexport Controls -- Extraterritoriality.

7.      Trade Sanctions – Basis and Effectiveness.

8.     Foreign Corrupt Practice (Corruption) & Antiboycott (Foreign  Boycotts).

9.      National Security and Foreign Investment (FDI and SWF).

10.  Current Trade Negotiations (Doha) & Global Financial Regulation.

11.  After the Election -- Domestic & Global Changes.

12.   After the Election -- Trade & Trade Policy.

13.   After the Election -- Global Financial Summit: Global Economy & Global Trade.

14.   ............ Review ...............

......................................................................................................

          

      ----    Readings for each Lecture  ---

 

1.      Introduction & President Bush’s Trade Legacy (2001-2008).

• "Linking Commerce to Geopolitics: The Candidates' Views on Global Trade." Knowledge@Wharton (Sept. 17, 2008).

• Review of Bush Trade Policies & Future Issues 1-26 (USTR Trade Policy Agenda) (2008).

• "Policy Implications of Global Integration," World Trade Report 2008 -- Trade in a Globalizing World 147 - 162 (2008).

• National Intelligence Council, Global Future 2020 Project (2004).

2.      Multilateral Trading System & Trade  History.

• Multilateral Trading System, Six  Decades Post-War, Trade History -- "Executive Summary  / Present & Future Challenges,"  World Trade Report -- 60 Year Review iii-vi, xix-xxxix, 33-36,  361 - 362 (WTO 2007).

• "U.S. Trade Policy Review." (WTO Report 2006).

• "World Trade Report 2008 -- Trade in a Globalizing World."  (WTO 2008).

• Destler, "Conclusion -- Making America Fit for Globalization." American Trade Politics (4th ed. 2005).

• Rise of the Multi-Polar World (Accenture 2007).

3.    Trade Policy and Foreign policy – U.S. Constitutional Dimensions.  

• "Foreign Trade & Global Economic Policies." (InfoUSA 2008).

·   Consumers Union v. Kissinger (DC. Cir. 1974). ("Separation of Powers .... Congressional Authority .... Delegation of Legislative Power.... Executive Action ....Voluntary Restraint Arrangements").

·      United States v. Curtis-Wright Export Corp. ( S. Ct. 1936). ("Separation of Powers ... "Delegation of Authority ... Foreign / Domestic Powers.... Role of Executive ...'One Voice' ").

·        Burma Trade Sanctions Case ( S. Ct. 2000).  ("Federalism ... Implied Preemption").

·       “Fast Track” & Trade Agreements.” Malawer, "Fast Track & Trade Agreements.” U.S. Law & Global Trade  Slides # 50 - #54 (PPt). (Click here) .

4.    Trade Policy & Foreign Policy: Case Studies – WTO, Russia & Georgia; U.S. -China in the WTO.

• "Russia's Accession to the WTO." (CRS 2006).

• "China and the Collapse of Doha." (ForeignAffairs.org 8.25.08).

5.      Rule-Making and Rule Adjudication in Global Trade.  

• Lawrence, “The U.S. & the WTO Dispute Settlement System.” (Council on Foreign Relations 2007).

• "World Trade Organization & Dispute Resolution." esp. #39-41 (2008). (PowerPoint).

• * Malawer, "WTO Litigation & Consultation -- 10 Years of Experience." (July 2005).

• * Malawer, "U.S.-China Litigation Offensive in the WTO"  (December 2007).

6.      Export & Reexport Controls -- Extraterritoriality.  

• Basics of Export Controls. (BIS) (2005).

• Reexport Controls (2003).

• Export Enforcement.

• Malawer, "Extraterritoriality & Export Controls." U.S. Law & Global Trade (PPt) Slides # 5 – # 6, # 12 - # 14, 19). (Click here). 

7.      Trade Sanctions -- Basics and Effectiveness.  

• Malawer, "Trade Sanctions." U.S. Law & Global Trade (PPt) Slides # 38 - # 44). (Click here). 

• “Economic Sanctions, Reconsidered” (2007) (“Conclusions”).

• Office of Foreign Asset Control (Treasury) – Trade Sanctions.

• "Freezing Terrorist Funds -- Chart -- Four Regimes Worldwide." Washington Post (11.2.08)

8.     Foreign Corrupt Practice (Corruption) & Antiboycott (Foreign  Boycotts). 

• Malawer, "Trade Sanctions." U.S. Law & Global Trade (PPt) Slides # 10,  # 19 - # 20). (Click here). 

• Anti-Boycott Office.

• Reporting boycott request online.

• Corrupt Practices. (USDOJ)

• OECD Convention on Combating Bribery (1999).

• U.N. Convention against Corruption (2005).  

9.    National Security and Foreign Investment (FDI and Sovereign Wealth Funds -- SWF). 

• Malawer, “Global Mergers & National Security.” Virginia Lawyer (December 2006);

• Malawer, "Global Mergers & National Security." (2007) (PowerPoint) 

• U.S. FDI Abroad. (GAO Report 2007).

10.  Current Trade Negotiations (Doha) & Global Financial  Regulation. 

• Lamy, "Stabilizing Influence of a Rules-Based Trading System." (WTO News Oct. 27, 2008).

• Lamy, "Global Financial Regulation & Trade Negotiations." (WTO News Oct. 20, 2008).

• Lamy, Protectionism amid Financial Crisis (WTO Sept. 2008),

• Lamy, "Doha Round & WTO." (WTO News Sept. 2008).

• "Globalization and the New Nationalism Collide." Financial Times (10.24.08).  

• Lamy, WTO -- "Three Finance Issues & Trade." WTO News (12.18.08).

         

            At the White House (11.10.08).

11.  After the Election -- Domestic & Global Changes.

• Dean Rusk, "Diplomacy & Foreign Policy." (Foreign Affairs 1960).

• "Global Crisis & Local Cash -- Understanding the Local Implications." New York Times (Nov. 2, 2008).

• "Rejoin the World." New York Times (November 2, 2008).

• "Trade Deals & Congress -- More Critics." Wall Street Journal (11.29.08).

• "Demise of Reaganomics."  Financial Times (10.3.08).

• "Forget State vs. Treasury." New York Times (11.30.08) (economic policy and national security).

• Top 10 Global Economic Challenges for the New President (Brookings, Oct. 2008).

               Some Prior Comments to the Election.

• "Some Truth about Trade." New York Times (Lead Editorial -- April 6, 2008).

• "The Selfish Hegemon must offer a New Deal on Trade." Financial Times (August 20, 2008).

• “The Global Consensus is Unraveling.” Financial Times (August 25, 2008).  

• "Bush Foreign-Policy Image."   Wall Street Journal (9.13.08).  

• "Trade Saves The Day." Washington Post (Sept. 17, 2008).

• "Managing Foreign Policy & National Security in Presidential Transitions." Wash. Quarterly (Autumn 2008).

                                      12.  After the Election -- Trade & Trade Policy.

• "America Needs a Bipartisan Coalition on Trade (Financial Times 11.07.08).

• "Inclusive Globalization." (Zoellick, World Bank, 10.10.08)

• Lamy, "Trade & the Global Financial Crisis -- Trade Finance Deteriorating." (WTO News 11.12.08).

• "Global Commerce & Global Downturn." Washington Post (12.11.08).

• "Obama & Trade (Doha)." Washington Post (12.17.08).

• "Split on Trade." Wall Street Journal (12.19.08).

• "Obama, Trade and Leadership." Financial Times (12.22.08).

• "Stimulus Package & Trade." Wall Street Journal (12.31.08).

13. After the Election -- Global Financial Summit: Global Economy & Global Trade.

• McCormick "U.S.-Asia Economic Relations (G-20 & IMF)." U.S. Treasury Press Release  (12.16.08).

• Bush, Global Financial Markets (White House 11.13.08)

• Global Financial Summit Declaration (G-20) (Washington, D.C. 11.15.08).

• "World Leaders Seek Major Reform." Wash. Post (11.16.08).

  •  "Basel II -- New Stricter Capital Requirements." Financial Times (11.21.08).

• "There is, therefore, a need for more and better global rules. But there is also need for domestic policies which are coherent and complementary to the global ones.   "Economics & Politics of Trade." WTO News (11.17.08).

• "Trade -- Change. com." (11.18.08) (Obama trade positions after election).

• I.M. Destler interview on trade under Obama. Institute of International Economics (11.14.08).

• "Global Financial Crisis: Trade Finance & Emerging Markets -- New U.S. / China Partnership." U.S. Treasury News (12.5.08).

• "New Trade Barriers & Financial Slump." Washington Post (12.22.08).

• "G-20, Trade Pledge & Protectionist Measures -- Failure." Financial Times (12.29.08).

• Video -- Yergin, "The Global Divide & the Global Debate -- New Rules." (outline).

  14.  Course Review & "New Global Economy & Global Markets." (Yergin video). (outline)

• Research & Study Note -- Trade Agreements & Enforcement.

   

  • USTR  -- Trade Agreements.

  • USTR  -- Global Agreements.

  • USTR --   Trade Law Enforcement.

   

• Bush Trade Legacy.

   

  • "Bush Trade Legacy & New USTR." USTR News  Release (12.20.08); "Bush Administration Trade Accomplishments." FACTS (USTR December 2008).

  • "Bush Legacy of Bitterness & Obama Congressional Trade Problems." Financial Times (1.16.09).

• Note On Yuan:

   

  •   "Appreciation & Now Depreciation: Charts. "Financial Times (12.04.08) 

   

• Obama, "Renewing American Leadership." Foreign Affairs (July / August 2007).