Ancient long-distance trade in Western North America: new AMS radiocarbon dates from Southern California

Eleven Olivella biplicata spire-lopped shell beads from six sites located 250–365 km inland from the Pacific coast of southern California produced AMS dates between 11,200 and 7860 CAL BP. Olivella shell beads were well-documented items of prestige and media of exchange in Native California, and recovery of these examples from inland contexts indicates low-level exchange between resident populations of the coast and the southwestern Great Basin by at least 10,300–10,000 CAL years BP. These findings represent some of the earliest unequivocal evidence for long-distance trade in western North America and push the antiquity of this important form of inter-group interaction back several thousand years earlier than previously thought.     

The growth of long-distance telephony in the Bell System: 1875–1907

The growth of the long-distance network in the Bell System is evaluated in relation to the state of competition within the industry and technical advances in long-distance telephony. The Bell System had a monopoly over the industry from 1875 to 1894, because of its control of the fundamental patents covering telephony. During this period the Bell System's long-distance network was expanded to cover the industrial heartland of the country. Despite a rapid growth in the number of independent telephone companies in the period of competition from 1895 to 1907, the Bell System emerged by 1907 in a dominant position within the industry. This dominance stemmed, in part, from the system-wide interconnections which the Bell System provided through its long-distance network. Technical advances and the continued expansion of the network gave the Bell System a major advantage over the competing independent companies.     

Reading fair trade: political ecological imaginary and the moral economy of fair trade foods

This paper begins to explore the changing political geographies of alternative development as practiced and envisioned in the global South. Looking specifically at the growing movement and market for fair trade foods, this form of alternative development has become the moral business of latte drinkers and other reflexive consumers in Europe and the US. Fair trade attempts to re-connect producers and consumers economically, politically, and psychologically through the creation of a transnational moral economy. This re-connection is accomplished through material and semiotic commoditization processes that produce fair trade commodities. The semiotic production of these commodities and their traffic in particular ‘political ecological imaginaries’ is essential to the formation of ethical production-consumption links, acting to also politicize consumption and fair trade eaters. Fair trade's moral economy rides the tension between the ethical relationships it fosters and the need for the wily characteristics of enterprise in the construction of transnational trade networks. Bringing recent work on moral geography to bear, constructing this moral economy is an attempt to facilitate a sense of ‘solidarity in difference’ in the experiences of global economic inequalities between North and South and growers and eaters. At the same time, fair trade networks look to produce an expansive ‘spatial dynamics of concern’ in the fashioning of ethical places of production and consumption. The paper concludes with a brief discussion of the continuing dilemmas critical for fair trade and suggestions for further empirical study of fair trade provisioning and alternative development networks.     

New powers in the club: the challenges of global trade governance

No good deed goes unpunished: the WTO's timely response to accommodate the new powers—Brazil, India and China—at the heart of its decision‐making has produced new inefficiencies, has heightened its proclivity to deadlock, and has exacerbated disengagement and disillusionment among all its stakeholders. Particularly in the context of a major economic crisis, a reliable international institution is necessary to ensure the continued provision of freer trade—well‐recognized as the route to recovery. With the WTO's recent record to provide these necessary public goods under doubt, where do the solutions lie? This article discusses the changing role of the new powers in the WTO, and further analyses the opportunities and challenges that these developments generate. The concluding section examines possible routes to reform. While very little can, or indeed should, be done to alter the balance of power itself, it is argued that appropriate institutional reform can help the multilateral trading system retain the advances it has made on grounds of fairness and further address the concerns of efficiency that are central to the crisis that it faces today.     

Reading trade in the wealth of nations

Economic analysis identifies comparative, rather than absolute, advantage as the basis of international trade, a distinction first thought to have been clearly made by David Ricardo in his Principles of Political Economy and Taxation (1817). Adam Smith's Wealth of Nations (1776) is thought to have failed to make this distinction, instead treating foreign trade principally as a “vent” for surplus domestic produce. However, Smith's underlying argument in favour of a “system of natural liberty” made his name synonymous with open seas and free markets, and the economist most closely linked to free trade. This paper suggests that Smith advanced a rather more sophisticated analysis of the gains from trade than this textbook understanding would suggest, but that his line of reasoning has long been obscured by the long-established habit of reading Wealth of Nations as a work whose first two books contain the important analytical elements that the later books merely elaborate. It is demonstrated that Smith's analysis of the gains from trade derives from his discussion of capital, and that therefore a reader needs to begin at the end of Book II, and not with the principles of exchange outlined in Book I.     

Exploring trade globalization in the long run: The RICardo project

Initiated in 2004, the RICardo project focuses on bilateral trade data of all the world's countries from the early nineteenth century to the eve of the Second World War. The project includes the construction of a database and the creation of a website. It is a pioneering work in the field of historical trade statistics that aims at providing easy-to-access research material to the scientific community and at attracting a wider public to the history of trade relationships. The article emphasizes the originality of the project and sums up its various aspects by reviewing previous trade databases, clarifying the main features of historical trade statistics, and describing the construction and use of the RICardo website.     

Squeezed between external trade barriers and internal economic problems: Bulgaria’s trade with Denmark in the 1970s

ABSTRACT

This paper investigates Bulgaria’s trade strategy towards the European Economic Community (EEC) in the 1970s: a decade of intensified economic exchange between East and West thanks to détente and, simultaneously, of growing trade barriers due to the consolidation of the EEC’s Common Market. The successes and failures of Bulgaria’s endeavours are discussed through a study of economic cooperation with Denmark before and after its accession to the EEC in 1973. The main argument is that while Bulgarian economic policy focused on the rising regulatory impediments to trade with EEC members, it neglected the structural deficiencies of Bulgarian export production. Thereby, Bulgarian state officials strove to resolve foreign trade problems through diplomatic negotiations over customs regulations instead of advancing domestic economic reforms . This argument is supported by analysis of intergovernmental economic negotiations and trade deals between Bulgaria and Denmark during the 1970s. It highlights the different ways in which Bulgarian trade envoys in Copenhagen and top officials at home evaluated recurrent problems in accessing the Danish market and formulated solutions for these problems. Thus, instead of tackling internal structural problems, the blueprints for Bulgaria’s foreign trade focused on external foes, namely trade discrimination against socialist countries.     

Shaping comparative advantage: the evolution of trade and industry policy in Australia

This paper provides an overview of Australia’s experience with trade and industry policy since Federation in light of the dilemmas facing a small, rich, remote, resource-based economy. It focuses on the attempt to diversify away from a dependence on the export of primary products and to move beyond – while still also continuing to exploit – the country’s natural comparative advantage. It examines the rise and decline, purpose and effects, of protectionism; moments of experimentation with interventionist industry policy; and effects of the mining boom. In doing so, it considers Australia’s particular economic circumstances and factor endowments in light of competing notions of comparative advantage and the appropriate role of government in promoting economic development and competitiveness.     

In haec signa: Pilgrim-badge trade in southern France

Medieval shrines acquired their wealth from the pilgrims who worshipped in them. Though a large part of this wealth come in the form of outright donations, shrines received a considerable income from the sale of pilgrims' badges and other souvenirs. Originally an ecclesiastical monopoly, the sale of badges became a bone of contention in many pilgrimage centers between the shrine proper and the surrounding town. This phenomenon can be seen in the shrines of St James in Compostela, St Mary Magdalen in Saint-Maximin, and the Virgin Mary in Rocamadour and Le Puy. During the later middle ages the development of a whole souvenir industry for pilgrims reflected the change in the popular attitude towards pilgrimages. The pilgrimage ceased to be a purely religious undertaking of someone who had severed himself from secular society for the duration of the journey. It became a social event which combined piety with tourism.     

Cultural diversity and free trade: the case of the EU-Canada agreement

This article examines the role assigned to culture in general and to cultural industries and diversity in particular by the Canada-EU Comprehensive Economic Trade Agreement (CETA). Although it pursues further economic liberalization, the arrangement is about much more than trade: its preamble, for instance, contains a reference to the 2005 UNESCO Convention on the Diversity of Cultural Expressions. Nevertheless, the text lacks a general exception clause protecting culture. This paper examines the consolidated CETA text from the perspective of political economy to clarify to what extent this is an opportunity to reconcile rules of free trade with cultural policies aiming to protect and promote the diversity of cultural expressions, especially when the latter derive from cultural industries in both analogue and digital scenarios.