Social divisions, great power rivalry, and outdated trade rules are eroding the political support for free trade. The consequence is trade uncertainty, economic fragmentation, and, most ominously, heightened international tensions. The author explores the reasons behind fragmentation, its prospects, and how policymakers can mitigate its effects.
Social divisions, great power rivalry, and outdated trade rules are eroding the political support for free trade. The consequence is trade uncertainty, economic fragmentation, and, most ominously, heightened international tensions. The author explores the reasons behind fragmentation, its prospects, and how policymakers can mitigate its effects.
Uri Dadush is a research professor at the School of Public Policy, University of Maryland.
Inhaltsangabe
Introduction: A Global Emergency Part I: Threats to the Rules-Based Trading System, and its Staying Power Chapter 1: The WTO at the Crossroads Chapter 2: The Persistence of Globalization Chapter 3: The Resilience of Global Value Chains Chapter 4: Protectionism Contained - For Now... Part II: Fragmentation and its Consequences Chapter 5: The Preferential Trend Chapter 6: The Shape of Fragmentation Part III: The Centrality of China-US Relations for the Survival of the Rules-Based Trading System Chapter 7: How the United States Created the Rules-Based Trading System and Changed its Mind Chapter 8: The Trump-Biden Trade Policy Chapter 9: Does China Fit? Chapter 10: China's Trade Policy Part IV: The Policy Agenda Chapter 11: Preserving The Trading System Conclusion: The Tortuous Road Ahead
Introduction: A Global Emergency Part I: Threats to the Rules-Based Trading System, and its Staying Power Chapter 1: The WTO at the Crossroads Chapter 2: The Persistence of Globalization Chapter 3: The Resilience of Global Value Chains Chapter 4: Protectionism Contained - For Now... Part II: Fragmentation and its Consequences Chapter 5: The Preferential Trend Chapter 6: The Shape of Fragmentation Part III: The Centrality of China-US Relations for the Survival of the Rules-Based Trading System Chapter 7: How the United States Created the Rules-Based Trading System and Changed its Mind Chapter 8: The Trump-Biden Trade Policy Chapter 9: Does China Fit? Chapter 10: China's Trade Policy Part IV: The Policy Agenda Chapter 11: Preserving The Trading System Conclusion: The Tortuous Road Ahead
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