Modern trade diplomacy exists in a globalized world, in which national economies and their fates are intertwined as never before. The negotiation, implementation and policing of trade agreements and rules involves a proliferation of states, non-state actors, NGOs, transnational businesses and institutions all pursuing vested interests and seeking economic growth.
Geoff Pigman explores the role of trade diplomacy – its actors, its theories and the practice – in the modern global economy. Drawing on case studies from the Canadian–EU Trade Agreement, oil deals in Equatorial Guinea, West African cotton exporters, the “Super 301” sanctions, to name a few, the author offers students an unparalleled overview of the field in theory and practice. He explains how trade policy is made, how deals are agreed and by whom, how trade rules are enforced and how disputes are resolved. The book covers the trade in goods and in services and the impact of technology and Big Data on the future of both the global economy and the trade within it. An accessible and engaging introduction to a field of growing importance in an era of uncertainty.
Geoffrey Pigman is a Member of the Faculty in Political Economy at Bennington College, Vermont. He is a Visiting Fellow at the Center for Global Change and Governance, Rutgers University–Newark and a visiting Research Associate at the Institute for Global Dialogue, Pretoria, South Africa. Recent publications include The World Economic Forum (2006) and Contemporary Diplomacy (2010).