As the world economy is becoming increasingly global in nature, thefuture of Canada's welfare will directly depend on thecountry's response and reaction to a wide range of economic regimeswhich govern the international economy.
This volume is an important and timely analysis of past and currentCanadian policies toward both the formal and less formal arrangementswhich regulate such areas as international trade and financialtransactions, international service industries, fisheries resources,and the environment. Often influenced by domestic political concernsand its relations with the United States, Canada has, as the authorspoint out, exhibited a high degree of variation in its responses tothese regimes.
Canadian Foreign Policy and International Economic Regimesaddresses a broad range of foreign economic policies not generallyconsidered in the foreign policy literature. Interdisciplinary in itsapproach, it will be of interest to those in political science andpublic policy, economics, and law, as well as to those involved ininternational business.
The pieces add up to a very good review of Canadian foreign economic policy over a period of years and make a first-rate book.
The strength of the book is largely empirical, and the authors' collective accomplishment in filling a huge hole in the literature merits celebration: this book contains more essays on Canada and the international economic regimes than the rest of the existing literature combined.
Part One: Regulation of International Trade
1. The Evolution of Canadian Postwar International Trade Policy /Jock A. Finlayson, with Stefano Bertasi
2. Reflections on the Canada-U.S. Free Trade Agreement in theContext of the Multilateral Trading System / ChristopherThomas
3. Canada and the Ongoing Impasse over Agricultural Protectionism /Theodore H. Cohn
4. Canada and the Private International Trade Law Regime / A.Claire Cutler
Part Two: Regulation of International FinancialTransactions
5. Canadian Foreign Investment Policy: Issues and Prospects /James A. Brander
6. Canada and International Legal Regimes for Foreign Investment andTrade in Services / Robert K. Paterson
7. Canada and the International Monetary Regime / Michael C.Webb
Part Three: Regulation of International ServiceIndustries
8. Canada and the Changing Regime in International Air Transport /Martin E. Dresner and Michael W. Tretheway
9. Canada and the Evolving System of International ShippingConferences / Trevor D. Heaver
10. Canada and the Movement Towards Liberalization of theInternational Telecommunications Regime / Steven Globerman, HudsonN. Janisch, Richard J. Schultz, and W.T. Stanbury
Part Four: International Regulation of Resources and theEnvironment
11. The Evolution of Canadian Fisheries Management Policy Under theNew Law of the Sea: International Dimensions / Gordon R.Munro
12. Air, Water, and Political Fire: Building a North AmericanEnvironmental Regime / Don Munton and Geoffrey Castle
13. Changing Multilateral Institutions: A Role for Canada /Sylvia Ostry
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