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Geopolitics, Trade Blocks, and the Fragmentation of World Commerce - Uri Dadush

Geopolitics, Trade Blocks, and the Fragmentation of World Commerce

(Autor)

Buch | Hardcover
226 Seiten
2024
Lexington Books (Verlag)
978-1-6669-2936-2 (ISBN)
CHF 139,95 inkl. MwSt
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Social divisions, great power rivalry, and outdated trade rules are eroding the political support for free trade.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.
The global economic edifice built after World War II is a source of unprecedented prosperity. It cannot function without open and predictable international trade, and the peaceful international relations that are its foundation. The rules that enable trade are under attack. Social divisions and great power rivalry have eroded the political support for open trade. The consequence is fragmentation of world trade, its separation into blocks that advance domestic producers or favored nations nearby. These blocs are themselves often pulled apart by competing agendas. The prospects are for vastly reduced economic efficiency and - most ominously - heightened geopolitical tensions. The questions about why this is happening, how economic fragmentation will evolve, and how to respond to it, are uppermost in the minds of policymakers and businesses across the world. These are the questions that Uri Dadush seeks to answer. Since the uncertainty cannot be dispelled, it must be better managed.

Uri Dadush is research professor at Maryland University and past World Bank Trade Director.

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

Erscheinungsdatum
Zusatzinfo 10 Tables, 18 BW Illustrations
Sprache englisch
Maße 159 x 236 mm
Gewicht 513 g
Themenwelt Sozialwissenschaften Politik / Verwaltung Europäische / Internationale Politik
Wirtschaft Volkswirtschaftslehre Makroökonomie
Wirtschaft Volkswirtschaftslehre Wirtschaftspolitik
ISBN-10 1-6669-2936-0 / 1666929360
ISBN-13 978-1-6669-2936-2 / 9781666929362
Zustand Neuware
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