As the world economy is becoming increasingly global in nature, the
future of Canada's welfare will directly depend on the
country's response and reaction to a wide range of economic regimes
which govern the international economy. This volume is an important and
timely analysis of past and current Canadian policies toward both the
formal and less formal arrangements which regulate such areas as
international trade and financial transactions, international service
industries, fisheries resources, and the environment. Often influenced
by domestic political concerns and its relations with the United
States, Canada has, as the authors point out, exhibited a high degree
of variation in its responses to these regimes. Canadian Foreign Policy
and International Economic Regimes addresses a broad range of foreign
economic policies not generally considered in the foreign policy
literature. Interdisciplinary in its approach, it will be of interest
to those in political science and public policy, economics, and law, as
well as to those involved in international business.
Part One: Regulation of International Trade
1. The Evolution of Canadian Postwar International Trade Policy /
Jock A. Finlayson, with Stefano Bertasi
2. Reflections on the Canada-U.S. Free Trade Agreement in the
Context of the Multilateral Trading System / Christopher
3. Canada and the Ongoing Impasse over Agricultural Protectionism /
Theodore H. Cohn
4. Canada and the Private International Trade Law Regime / A.
Part Two: Regulation of International Financial
5. Canadian Foreign Investment Policy: Issues and Prospects /
James A. Brander
6. Canada and International Legal Regimes for Foreign Investment and
Trade in Services / Robert K. Paterson
7. Canada and the International Monetary Regime / Michael C.
Part Three: Regulation of International Service
8. Canada and the Changing Regime in International Air Transport /
Martin E. Dresner and Michael W. Tretheway
9. Canada and the Evolving System of International Shipping
Conferences / Trevor D. Heaver
10. Canada and the Movement Towards Liberalization of the
International Telecommunications Regime / Steven Globerman, Hudson
N. Janisch, Richard J. Schultz, and W.T. Stanbury
Part Four: International Regulation of Resources and the
11. The Evolution of Canadian Fisheries Management Policy Under the
New Law of the Sea: International Dimensions / Gordon R.
12. Air, Water, and Political Fire: Building a North American
Environmental Regime / Don Munton and Geoffrey Castle
13. Changing Multilateral Institutions: A Role for Canada /
The pieces add up to a very good review of Canadian foreign economic policy over a period of years and make a first-rate book.
The strength of the book is largely empirical, and the authors' collective accomplishment in filling a huge hole in the literature merits celebration: this book contains more essays on Canada and the international economic regimes than the rest of the existing literature combined.
Robert Wolfe, Queen's University
Canadian Journal of Science