Diminished Giant Syndrome

Diminished giant syndrome in Global Commerce Policy

In this regard, diminished giant syndrome is: a term coined in the 1990s by Jagdish Bhagwati to describe what then appeared to be an erosion of the prominent status of the United States in the world economy. He saw the diminished giant syndrome as one of the indirect causes encouraging the notion that other countries are trading unfairly and that this calls for aggressive trade legislation, tougher and more restrictive interpretation of unfair trade practices, ˜hardball ™ international negotiations, and confrontational tactics . See also aggressive unilateralism and Section 301.[1]

Diminished giant syndromein the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Diminished giant syndrome” entry (OAS)

See Also