The World Economy

This is the fifteenth volume in an annual series in which leading economists provide a concise and accessible evaluation of major developments in trade and trade policy. Examines key issues pertinent to the multinational trading system, as well as regional trade arrangements and policy developments at the national level Provides up-to-date assessments of the World Trade Organization's current Trade Policy Reviews Analyses trade policy in areas such as Japan, Indonesia, Israel, and the United Arab Emirates Investigates the challenge of aligning the mission, means, and legitimacy of international organizations Contributors including John Walley and Jan Aart Scholte also examine the concept of globalization – both its definition and its values A vital resource for researchers, analysts, and policy-advisors interested in trade policy and other open economy issues

Foreword List of Contributors Trade Policy Reviews 1. Demystify Protectionism: The WTO Trade Policy Review of Japan: Fukunari Kimura (Keio University) 2. Indonesia – Trade Policy Review 2007: M. Chatib Basri (University of Indonesia) and Hal Hill (Australian National University) 3. Missed Opportunities: The WTO Trade Policy Review for the East African Community: Oliver Morrissey (University of Nottingham) and Chris Jones (University of Nottingham) 4. Liberalising Trends in Israel’s Trade Policy: Trade Policy Review of Israel: Alfred Tovias (The Hebrew University Jerusalem) 5. United Arab Emirates Trade Policy Review: Wasseem Mina (United Arab Emirates University) Challenge Of Aligning 6. Conceptualising Globalisation: A Symposium for the World Economy: John Whalley (University of Western Ontario) 7. International Organisations: The Challenge of Aligning Mission, Means and Legitimacy: Robert Z. Lawrence (Harvard University) 8. Defining Globalisation: Jan Aart Scholte (University of Warwick) 9. Globalisation and Values: John Whalley (University of Western Ontario) Index