FT Recommended Book on the Global Trade War
'It succeeds both in explaining how global trade works and how it affects things many voters actually care about' - Financial Times
'My hero on this is Dmitry Grozoubinski, who has written the most beautiful book' - author Rory Stewart
Why Politicians Lie About Trade - and What You Need to Know About It is your clear, witty crash¿course in how global trade really works - and how leaders weaponise it to win votes, wage culture wars and spin economic fairy tales.
Written by former trade negotiator Dmitry Grozoubinski, this smart, highly readable book explains trade policy, not trade economics - no graphs, no jargon, just sharp stories, plain English and a built¿in "bullshit detector" for every grand promise about tariffs, trade deals and jobs.What this book shows you
Across two parts - How Trade Works and Trade and the Things You Actually Care About - you'll discover:How modern trade policy works in practice - from goods trade and services trade to customs unions, single markets, free trade agreements (FTAs), trade facilitation and the World Trade Organization (WTO).
Why protectionism is so tempting - and how tariffs, quotas, sanctions, trade embargoes and "keeping out foreign junk" are sold as painless fixes, even when they quietly destroy jobs, growth and innovation.
What "trading on WTO terms" really means - and why it's usually code for accepting the bare¿minimum market access on the same terms as the country your partners trust least.
How trade agreements are really negotiated - secrecy, leaks, horse¿trading, rules of origin, regulatory standards, dispute settlement and why no deal is ever truly "win¿win for everyone".
Trade and jobs - how trade policy is endlessly blamed or praised for employment figures, how politicians on all sides massage the numbers, and why press releases about "hundreds of thousands of jobs created" should make you sceptical.
Trade and national security, climate change and peace - from sanctions and export controls to green trade rules, economic interdependence and "trade for peace".
Along the way, Grozoubinski dissects Trump, Brexit, trade wars, culture¿war soundbites, populist protectionism and media myths that turn complex tradeoffs into easy slogans.
Inhaltsverzeichnis
Chapter 1: I’ m Sorry You Have to Care 9
Part 1: How Trade Works 19
Chapter 2: Why is Trade Policy? 21
Chapter 3: What is Trade Policy? 45
Chapter 4: Trade’ s Policy Drivers 51
Chapter 5: Goods Trade 59
Chapter 6: Services Trade 85
Chapter 7: Free Trade Agreements 101
Chapter 8: Trade Negotiation Secrecy 125
Chapter 9: The World Trade Organization 133
Chapter 10: Trade Integration: Customs Unions 153
Chapter 11: Trade Integration: Regulations and Single Markets 165
Part 2: Trade and the Things You May Actually Care About 177
Chapter 12: Trade and Jobs 179
Chapter 13: Trade and National Security 195
Chapter 14: Trade and Climate Change 215
Chapter 15: Trade and Peace 239
Chapter 16: Trade and Investor State Dispute Settlement 251
Chapter 17: Trade and More 257
Conclusion 277
Index 281
Acknowledgements 297
About the Author 301