Huffbauer (a former professor of international finance diplomacy at Georgetown U. and former US Treasury official) and Burki (a former finance minister of Pakistan) advocate for the establishment of a bilateral US-Pakistan free trade agreement, arguing that it could promote economic reform and thereby strengthen political ties between the US and the military dictatorship of Pervez Musharraf. Following a brief discussion of the historical context and current conditions influencing the negotiation of an agreement, they discuss the possible form of the agreement in the areas of agricultural market access, textiles and clothing, other manufactures, environmental and labor issues, government procurement, and investment and services. They also present estimates of such an agreement's effects using gravity and computable general equilibrium models. Annotation 2007 Book News, Inc., Portland, OR (booknews.com)
