The move to preferential trade on the Western Pacific Rim: some initial conclusions

Since? ? Research for this project has been supported by the Australian Research Council through Discovery Project Grant No. DP0453077. View all notes the turn of the century the Asia-Pacific region has become the most active location for the negotiation of preferential trade agreements (PTAs)—a dramatic change from the period before the financial crises of 1997–98. Substantial variance in scope exists among the more than 80 PTAs currently being implemented, negotiated or which are under study in the region. Those involving the United States are by far the most comprehensive. At the other end of the spectrum are those involving ASEAN and China, which are largely ‘aspirational’ in their provisions. This variance points to the range of economic and political objectives that PTAs serve. Regardless of the comprehensiveness of their coverage, the overall economic effects of the new PTAs is likely to be small given the prevailing low level of tariffs, the intervention of other factors such as fluctuating exchange rates, the proliferation of agreements (which removes the advantages they accord individual partners), and the unwillingness of governments to liberalise ‘sensitive’ sectors. Few of the agreements move substantially beyond existing WTO provisions. The proliferation of PTAs not only has tended to shift attention and resources away from negotiations at the global level but also runs the risk of fragmenting the ‘pro-liberalisation’ coalition in countries that have signed multiple agreements.     

The strategic anthropologist

Ken Booth's Strategy and ethnocentrism, published in 1979, deserves to be promoted in scholars' esteem to the very small category of works regarded as classics about strategy. Three reasons serve to explain why, over the years, it never received the acclaim it merits: the relatively undistinguished publisher; ironically, the subsequent debate over more than a quarter of a century about culture as a factor necessary for the understanding of strategy; and the attractively accessible style in which Booth expressed himself. Strategy and ethnocentrism is witty and even occasionally amusing—characteristics apt to trigger a response of some disdain from over‐serious scholars. We can now assess Booth's book in its proper context, which is the long if very thinly populated history of strategic ideas, largely free of unduly distorting ‘presentist’ concerns. The fact that Strategy and ethnocentrism was written in the context of the Cold War really does not matter for the quality of its argument. This work is a classic because it speaks to all periods and about all participants in strategic history. The originality of Booth's treatment of culture does not lie so much in the realm of his grasp of its relative strategic significance, but rather in his relentless unwrapping of the actual, or certainly potential, harm, including unanticipated self‐harm, of ethnocentricity. Today, studies of culture and strategy are not in short supply, but works that compel readers to attempt to take due account of their own ethnocentric frailties are in desperately short supply.     

Bilateral trade agreements as drivers of national and transnational benefit from health technology policy: implications of recent US deals for Australian negotiations with China and India

This article compares controversial health technology provisions in two important United States free trade agreements with developed nations: Australia and with South Korea. It examines the multinational corporate forces behind the medicines and medical devices components of these texts and their likely impacts upon Australian trade negotiations with China and India. It also examines the implications of some recent changes to US trade policy for this area in subsequent bilateral deals such as that with Peru. This article argues it is important that the Australian government change policy and, like the present Congress in the United States, now systematically approach such impending trade agreements with a view to assisting the partners’ regulatory frameworks to maximally enhance national and transnational benefit from their medicines and biotechnology industries.     

The spatial economy of North American trade fairs

Through a study of trade fairs, this article illustrates that relational approaches to economic geography are not limited to the sphere of economic and social relationships. These relationships are influenced by and, in turn, shape material realities, such as specific infrastructure and the labour market, in a reflexive manner. Trade fairs are “relational events” that bring together regional, national, and often international producers, users, suppliers, and other agents of a value chain or technology field for the purpose of exchanging knowledge about technological and market developments, building partnerships, and maintaining existing networks through learning by interaction and observation. However, these events are also situated in space and time, grounded in the contexts of particular industries, trade patterns, public and private investments, as well as the economic geographies of places. Focusing on North America, this article presents and analyzes data on the economic geography of trade fairs and their regional economic impact (number of events, exhibitors, attendees, exhibition space). It explores regional trade fair patterns and dynamic changes in major trade fair cities by emphasizing the role of history and industry context.