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1 – 5 of 5This paper aims to examine the early aftermath of Britain’s Referendum to leave the European Union. The study addresses three areas: British public opinion and sentiment with…
Abstract
Purpose
This paper aims to examine the early aftermath of Britain’s Referendum to leave the European Union. The study addresses three areas: British public opinion and sentiment with regard to Brexit, Britain’s economy and outlook, and migration.
Design/methodology/approach
The study is exploratory in nature, examining data and information available in a variety of public sources that include government statistics, media reports and scholarly research findings.
Findings
Analysis of published data and research studies suggest growing disenchantment among the public with regard to Brexit and its consequences, economic and cultural influences on the Referendum, economic uncertainty and potential deterioration, and opposition to and moderation in migration.
Research limitations/implications
The study has not generated original survey data about economic and demographic variables that would make possible statistical analysis of hypothesis.
Originality/value
Recent political developments in developed Western societies point to a rise in popular dismay with globalization, regional integration and multiculturalism. The present study explores and identifies some of the reasons for the trend and the potential consequences to breaking up cross-national alliances as they pertain to the United Kingdom in particular. Similar studies may alert policy makers to the causes and potential economic and political consequences of de-globalization.
The steel industry in the U.S. has been experiencing declining revenues and rising losses. Over half the steel mills have filed for bankruptcy. To remedy the situation, the…
Abstract
The steel industry in the U.S. has been experiencing declining revenues and rising losses. Over half the steel mills have filed for bankruptcy. To remedy the situation, the industry asked the federal government for help with the retirees’ pensions and protection from steel imports. The government imposed tariffs of 8 to 30 per cent to last for three years. Reaction to the tariffs from U.S. trade partners has been negative. The government hopes the industry will take advantage of the break to modernize and become more efficient. The history of the industry, however, sheds doubt on the industry’s ability to overcome past inefficiencies.
Details
Keywords
The purpose of this paper is to establish the benefits of free trade, to examine the reasons and outcomes of protectionist policies, and to evaluate the rationale behind trade…
Abstract
Purpose
The purpose of this paper is to establish the benefits of free trade, to examine the reasons and outcomes of protectionist policies, and to evaluate the rationale behind trade protectionism.
Design/methodology/approach
The methodology used in this paper includes review of the literature and empirical studies published from 1967 to 2008, and descriptive statistical analysis of data published by international organizations.
Findings
International trade has been growing faster than growth of world gross domestic product, and countries with freer trade policies benefit more than countries with restricted policies. Yet, trade protectionism continues to be exercised in response to pressure from select industries and political constituencies. The paper also establishes that trade restrictions are harmful to the economies of the trading partners.
Originality/value
This paper establishes the benefits of free trade, the harms of trade restrictions, and challenges the popular rationale for protectionism.
Details
Keywords
– The purpose of this paper is to survey the growth of solar energy worldwide, analyze US-China trade dispute in the solar industry, and evaluate the merits of US trade tariffs.
Abstract
Purpose
The purpose of this paper is to survey the growth of solar energy worldwide, analyze US-China trade dispute in the solar industry, and evaluate the merits of US trade tariffs.
Design/methodology/approach
The study surveyed archival data, publications by international organizations, government agencies, industry groups, and some academic research papers.
Findings
Global demand for solar energy has been rising steadily and is projected to generate growing source of electric power. There is worldwide consensus that public support for solar industry in the development stages is necessary. The US Government provides generous support programs and subsidies to US solar industry. Accordingly, US punitive tariffs against China's solar industry on grounds of government subsidies are of questionable merit.
Originality/value
This paper presents a concise profile of global solar energy and evaluates US trade policy toward China. The findings can be of value to government officials as they consider trade policies and their impact on the future of solar energy.
Details
Keywords
The purpose of this paper is to identify the issues in the US‐Canada trade dispute over lumber trade, to analyze the US and Canada's claims and positions in this dispute, and make…
Abstract
Purpose
The purpose of this paper is to identify the issues in the US‐Canada trade dispute over lumber trade, to analyze the US and Canada's claims and positions in this dispute, and make projections of future possibilities regarding this dispute.
Design/methodology/approach
The research method is to review published studies dealing with this dispute and gather public and private data pertaining to issues involved in this dispute.
Findings
The paper finds that the US lumber industry's claims of unfair trade by Canada's lumber industry are not supported. Canada is in compliance with World Trade Organization policies and North America Free Trade Agreement (NAFTA)'s agreement. US antidumping and countervailing tariffs on imported Canadian lumber violate NAFTA's rules. Past and current resolutions to this dispute are temporary.
Originality/value
This paper explores the real reasons behind the dispute and evaluates the merits of the interim solutions.