This thesis is about the economic relations of the Philippines and the United States from 1898 to 1946.

Trade Facilitation Indicators have become important mechanisms of monitoring the ease of trade. Another issue of rising concern is the pervasive debate on genetically engineered organisms and the development of Genetically Engineered Restrictive Index to evaluate its implications on trade. With regards to these, the objective of the United States Trade Representative is to eliminate implicit trade barriers. Hence, this study examines the impact of TFIs on U.S. agricultural export and its efficiency. From the results, a 1% increase in destination’s Genetically Engineered Restrictive Index leads to a US$ 9,426.82 and US$ 74,268.04 decline in corn and soybean exports while wheat experiences a US$ 26,204.05 increase. The ‘I-State’ paradox was also revealed from the efficiency rankings. This research recommends that GE labelling policies should be synchronized to match the requirements of the destination countries. Furthermore, information on GE foods must be transparent and disseminated to change destinations’ negative perception.

This study examines U.S. exports and imports to/from its major 15 trading partners and Russia. To analyze U.S. export and import flows the gravity model approach is used. Factors affecting U.S. bilateral trade flows with its 16 trading countries are evaluated using Generalized Method of Moments (GMM). Annual data from 2000 to 2009 are used for this study. Goods traded between the U.S. and its trading partners are disaggregated into three groups based on the Standard International Trade Classification (SITC). Results show that major factors affecting both U.S. export and import flows are distance and change in polity score. Also U.S. exports are influenced by U.S. trading partner Gross Domestic Product (GDP) for agricultural (AGR) and middle sector (MID) groups. U.S. foreign direct investment is a complement for U.S. exports of final (FIN) group and at the same time it serves as substitute for U.S. exports of AGR. On the other hand, U.S. imports of AGR and foreign direct investment (FDI) from 16 trading partners to the U.S. are substitutes. This study also reveals that the U.S. and Russia bilateral trade could be improved through economic growth in both countries, improving political cooperation and increasing inward and outward FDI.

Many studies concerning multinational corporations {MNCs) are replete with theoretical models and case studies that treat MNCs as stand-alone entities. Very little time and effort is given to understanding the context in which MNCs operate. This context includes not only the fact that MNCs transcend national boundaries (political as well as geographical), but also the meaning of work and being part of a multinational work force for those employed within MNCs. This thesis is an effort to elucidate how the political/societal/cultural contexts of different host countries affect the attitudes of those workers most directly involved with foreign-owned MNCs. By shifting the focus from the MNC to the political/societal/cultural environment of host countries, foreign-owned MNCs can be compared across national boundaries (foreign-owned MNC workers from three different countries are compared in this thesis -- Canada, Brazil, and West Germany). Finally, by grounding the workers' attitudes within social identity theory, divergent attitudes between the workers from the different countries are not only explained, but expected as well.

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Theories in the international political economy literature, economic liberalism and dependency, are explored in order to test the effect of U.S. aid, trade, and investment on human rights conditions in recipient states. Two measures of human rights conditions serve as dependent variables: security rights and subsistence rights. The data cover approximately 140 countries from 1976-1996. Pooled cross-sectional time series analysis, utilizing ordinary least squares (OLS) with panel corrected standard errors, is employed due to the temporal and spatial characteristics of the data. The results indicate that foreign assistance and economic policy may not be the best approaches to altering poor human rights practices in the area of security rights. Economic and military aid is negatively associated with levels of security rights, supporting the traditional dependency perspective. While the results from trade and investment are generally in the positive direction, the lack of consistent statistical evidence suggests that increased trade and investment relationships do not dramatically improve security rights. We can conclude, however, that trade and investment fail to have the negative effect on security rights in less developed countries which critics of globalization suggest. Economic aid has a statistically significant negative effect on subsistence rights, while military aid seems to benefit the human condition in recipient states. However, extreme negative effects on security rights accompany any benefit realized in the area of subsistence rights from military aid. Trade and investment have a positive and statistically significant effect on basic human needs providing support for the liberal perspective. It appears that American businesses and politicians can forge ahead with seemingly self-interested motivations and economic policies as American economic gain ironically serves to benefit the well being of citizens in other states. However, in spite of political rhetoric and even sincere intentions regarding foreign assistance policy, it appears that the road to human rights hell is paved with good intentions.

This research presents an in depth discussion and analysis on U.S. Japanese foreign trade. It is divided into two parts. The first hypothesis states that the appreciation of the dollar in the early eighties is positively correlated with the U.S. trade deficit, especially with Japan. The second hypothesis states that Friedrich Von Hayek's Theory of Social Order applies to the development of capitalism in that country. This can also be divided into two parts, a) this generation of Japanese consumes, saves, and invests differently than previous generations, and b) Japanese consumption and investment patterns follow U.S. consumption and investment patterns with a lag.

The postwar transformation of the international environment has caused economic issues to become a main source of contention among industrial states. The trade imbalance between Japan and its trading partners became a major source of conflict. Reciprocity of access and opening the market of Japan became the main point of debate and the major issue affecting relations between Japan and the United States. While the distinction between the domain of domestic and international politics increasingly is blurred, different domestic political economies create bilateral political and economic conflict. The structure and politics of intercorporate groups or vertical keiretsu are a major feature of Japan's industrial structure and political economy. This case study examines how vertical keiretsu in the automobile and home electric appliance industries affect the Japanese political economy and international trade. A political economy approach focuses on the political context of economic phenomena by analyzing both political and economic variables. Case studies of keiretsu were used in order to gain an understanding of Japan's political economy. A number of propositions or assumptions about the political economy and the dynamics of keiretsu were examined in these studies. It was found that vertical keiretsu influences the industrial sector, trade, and foreign policies in Japan. Japan's industrial policies cannot fully be understood without taking keiretsu into consideration. Scholars have not yet fully considered vertical keiretsu as major actors in the Japanese political process. Their political influence on industrial policies has largely been overlooked. Vertical keiretsu in the automobile and home electric appliance industries were found in the case studies to have been shaping industrial policies since the early post war years. Findings about the nature of Japan's political economy help to explain the conflictive bilateral relationships between Japan and the United States. The findings also show that understanding political economies of nations is increasingly important as the world economy grows and greater trade interaction is imminent.

This study hypothesizes that the major barriers to expanded trade between the U.S. and Eastern Europe are systemic in nature. Using this approach, each political/ economic system is examined in an attempt to define the obstacles to foreign trade expansion, to describe the most important systemic and political factors at work, and to demonstrate how they have determined and will continue to shape the economic relationships between the U.S. and the countries of Eastern Europe. A final synthesis presents the two systems in a unified picture of the economic environment and concludes that significant trade expansion is unlikely in the near future due to basic systemic incompatibilities which impede the resolution of key foreign trade problems.

University of Macau / Faculty of Social Sciences and Humanities / Department of Government and Public Administration