William H. Cooper's research while affiliated with Cornell University and other places

Publications (16)

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Full-text available
[Excerpt] On October 6,2010, the 27 member European Union (EU) and South Korea signed a bilateral free trade agreement (FTA). The agreement is expected to go into effect on July 1, 2011, pending approval by the European Parliament and the South Korean National Assembly. If enacted, the South Korea-EU FTA (KOREU FTA) would be the largest FTA in term...
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[Excerpt] The United States and the other 153 members of the World Trade Organization (WTO) have been conducting a set or “round” of negotiations called the Doha Development Agenda (DDA) since the end of 2001. The DDA’s main objective is to refine and expand the rules by which WTO members conduct foreign trade with one another. A critical element o...
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U.S. trade policy is at a cross-roads as the Obama Administration and the 111th Congress face a range of policy issues and challenges. The future direction of trade policy and how the issues will be addressed are unclear at this time and the subject of sharp debate within Congress, the Administration, and the trade policy community at large. While...
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Japan and the United States are the two largest economic powers. Together they account for over 30% of world domestic product, for a significant portion of international trade in goods and services, and for a major portion of international investment. This economic clout makes the United States and Japan potentially powerful actors in the world eco...
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Free trade areas (FTAs) are arrangements among two or more countries under which they agree to eliminate tariffs and nontariff barriers on trade in goods among themselves. However, each country maintains its own policies, including tariffs, on trade outside the region. In the last few years, the United States has engaged or has proposed to engage i...
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[Excerpt] On June 30, 2007, U.S. and South Korean trade officials signed the proposed U.S.-South Korean Free Trade Agreement (KORUS FTA) for their respective countries. If approved, the KORUS FTA would be the second-largest FTA that South Korea has signed to date, after the agreement with the European Union (EU). It would be the second-largest (nex...
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The post-World War II U.S.-Japan alliance has long been an anchor of the U.S. security role in East Asia. The alliance facilitates the forward deployment of about 53,000 U.S. troops and other U.S. military assets in the Asia-Pacific, thereby undergirding U.S. national security strategy in the region. For Japan, the alliance and the U.S. nuclear umb...
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Until recently, the Russian economy was one of the fastest growing economies in the world. The growth brought an improvement in the standard of living of the average Russian citizen and also brought economic stability that Russia had not experienced in at least a decade. This strong economic performance had been a major factor in the popular suppor...
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The U.S.-European Union (EU) economic relationship is the largest in the world -- and it is growing. The modern U.S.-European economic relationship has evolved since World War II, broadening as the 6-member European Community expanded into the present 27-member European Union. The ties also have become more complex and interdependent, covering a gr...
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After a period of diplomatic rancor earlier this decade, Japan and China have demonstrably improved their bilateral relationship. The emerging detente includes breakthrough agreements on territorial disputes, various high-level exchanges, and reciprocal port calls by naval vessels. Over the past 10 years, China-Japan economic interdependence has gr...
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What began as a bursting of the U.S. housing market bubble and a rise in foreclosures has ballooned into a global financial crisis. Some of the largest and most venerable banks, investment houses, and insurance companies have either declared bankruptcy or have had to be rescued financially. In October 2008, credit flows froze, lender confidence dro...
Article
Full-text available
On June 30, 2007, United States Trade Representative Susan Schwab and South Korean Foreign Trade Minister Kim Hyung-chong signed the proposed U.S.-South Korean Free Trade Agreement (KORUS FTA) for their respective countries. If approved, the KORUS FTA would be the largest FTA that South Korea has signed to date and would be the second largest (next...
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On May 31, 2006, U.S. and Vietnamese negotiators signed a bilateral agreement on the conditions for Vietnam's accession (entry) into the World Trade Organization (WTO). The agreement is just one in a number of steps that Vietnam must take to complete its 11-year quest to join the multilateral trade body. However, the agreement with the United State...
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[Excerpt] The United States has become increasingly integrated with the rest of the world economy. This integration has offered benefits and presented challenges to U.S. business, agriculture, labor, and consumers. Those who can compete in the more integrated economy have enjoyed opportunities to broaden their success, while those who are challenge...

Citations

... A bilateral free trade agreement was expected to represent a major step for both countries in their overall trade strategies. At the time of the negotiation, the US was the thirdlargest trading partner for South Korea, and South Korea was the seventh-largest trading partner for the US (Cooper & Manyin, 2006). Given the potential impact of the KORUS FTA on the national economy and on different economic sectors, it was a politically salient and contested issue -in both countries but especially in South Korea -from the early stages of negotiation and even after its ratification. ...
... In this deadlock, the US beef industry proposed a voluntary agreement that recognized the partial import ban. Both governments accepted the voluntary agreement (Cooper et al. 2011;Koo & Jho 2012).22 Because an approval of the FTA in Congress was not possible before the US elections in November 2008, and Democratic presidential candidate Barack Obama had already announced renegotiation of the provisions for automobiles, the Lee government wanted to ratify the agreement as soon as possible to strengthen its bargaining position in possible renegotiations. ...
... While the UK, the US, Germany, France and Japan's trade with both neighbors and former colonies easily gave them the highest degree connectivity for most of the last century, their indirect network partners remained low. The US did not take a leading role in global trade until after the Great Depression, when Congress passed the Reciprocal Trade Agreements Act of 1934 in order to stimulate employment, allowing the executive branch to negotiate bilateral trade agreements for a fixed period of time (Bolle et al. 2007). During the 1930s the amount of bilateral negotiation under this act was limited but subsequently expanded the US's position globally. ...
... Börzel and Risse (2004),Burghardt (2015),Cooper (2009), and Herrmann et al. (2015).21 Börzel and Risse (2004).22 ...
... It reflects that on an average, 37% of the interaction with Japan's growth rate occurs through international trade. Thus, Japan is highly interacting with international economies through trade (Cooper 2013). 14 Almost an equal magnitude of interaction takes place through the financial channel (35%) and the exchange rate channel (28%) with Japan. ...
... Many European countries and former Soviet states are highly dependent on Indonesian oil and gas. Moreover, Indonesian economic policies and performance raise important policy questions for the United States and the U.S.-Indonesian relationship, as Indonesia's economic prospects have direct and indirect implications for the United States (Cooper, 2009). ...
... The expiry of the WTO Agreement on Textile Clothing was a key factor in pressuring Cambodia to seek accession before the end of 2004 to protect its textile export sector. 8 For Vietnam, the limiting factor was the tough negotiations with the US surrounding its non-market economy status that rationalised the latter's continued use of anti- dumping measures ( Manyin et al. 2006:5). Laos' key concern was to negotiate for terms which commensurate with its developmental level. ...
... Foreign trade plays a key role in obtaining the requirements of production for countries that suffer from limited natural resources, opening an external market for small countries products, achieving the economic development and encouraging investment [1]. Economic and political conditions are the key reasons for countries to form FTAs. Mostly, FTAs formed to eliminate tariffs and some non-tariff barriers [7]. ...
... The non-tariff barriers identified in automotive standards were central to the negotiations, which was of particular significance given parallel FTA negotiations with the United States which was promoting its auto standards over EU ones (Cooper et al. 2011;Platzer 2010). The result was an annex on Motor Vehicles and Parts that bound South Korea to recognize the World Forum for Harmonisation of Vehicle Regulations as 'the relevant international standard-setting body' and to harmonize its standards accordingly (EUKOR 2011: Annex 2-C, Articles 2 and 3). ...