Elhanan Helpman is among the foremost trade theorists of his generation. In this splendid book, he demonstrates that he can also write successfully for the public. This is welcome news for those who value an informed democracy. -- Jagdish Bhagwati, author of In Defense of Globalization The explosion in global trade over the past few decades is the defining economic phenomenon of our lifetimes, yet even professional economists struggle to understand its complexities. Understanding Global Trade explains, in a clear and non-technical style, important and exciting insights from the frontiers of research in international trade. Anyone interested in understanding the nuances of globalization should read this book. Elhanan Helpman is an immensely influential researcher who has towered above the field of international trade for more than three decades. With this wonderful book, his research ideas, and those of others in the field, will become known to a whole new audience. -- Kenneth Rogoff, co-author of This Time is Different Elhanan Helpman's Understanding Global Trade is a masterpiece of non-mathematical, fully understandable, but still rigorous, exposition. Within five chapters Helpman takes the reader from the classical theories of international trade, comparative advantage and Heckscher-Ohlin, to the modern theories that explain today's global trading world--of multinational firms, of outsourcing and outshoring, of why some firms export and others remain firmly local--and why it matters. -- Stanley Fischer, Governor, Bank of Israel
Elhanan Helpman is the Galen L. Stone Professor of International Trade at Harvard University.
Elhanan Helpman is among the foremost trade theorists of his
generation. In this splendid book, he demonstrates that he can also
write successfully for the public. This is welcome news for those
who value an informed democracy.
*Jagdish Bhagwati, author of In Defense of
Globalization*
The explosion in global trade over the past few decades is the
defining economic phenomenon of our lifetimes, yet even
professional economists struggle to understand its complexities.
Understanding Global Trade explains, in a clear and non-technical
style, important and exciting insights from the frontiers of
research in international trade. Anyone interested in understanding
the nuances of globalization should read this book. Elhanan Helpman
is an immensely influential researcher who has towered above the
field of international trade for more than three decades. With this
wonderful book, his research ideas, and those of others in the
field, will become known to a whole new audience.
*Kenneth Rogoff, co-author of This Time is Different*
Elhanan Helpman's Understanding Global Trade is a masterpiece of
non-mathematical, fully understandable, but still rigorous,
exposition. Within five chapters Helpman takes the reader from the
classical theories of international trade, comparative advantage
and Heckscher-Ohlin, to the modern theories that explain today's
global trading world--of multinational firms, of outsourcing and
outshoring, of why some firms export and others remain firmly
local--and why it matters.
*Stanley Fischer, Governor, Bank of Israel*
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