Trade Protectionism in an Uncertain and Interconnected Global Economy
presents the results of almost five years of research on the political
economy of trade policy. It argues that in a global context dominated
by economic uncertainty and interdependencies, the mechanisms that
have fueled the diffusion of trade liberalization under the World
Trade Organization (preferential trade agreements and global value
chains) can also become channels for protectionism (based on less
observable non- tariff or murkier measures). Countries have changed
the way they respond to protectionism, which impacts bilateral
relations. The author explores why and how increased global trade
interconnectivity has also become a channel for new forms of trade
protectionism, and especially how this impacts the developing world.
These counterintuitive dynamics constitute the newest wave in the
literature on trade interdependence. Previous research on trade policy
has often concentrated on just one aspect of the effects of an
interconnected global economy: the more political and economic
linkages countries build among themselves, the fewer tensions they
will generate across borders. From a trade policy perspective, this
causal claim has held steady for many decades. This book bridges
academic analysis with trade policymaking and offers a road map for
the kinds of commercial policy reforms that will be essential for the
successful revival of world markets after global economic crises as it
was the COVID-19 pandemic. This book will appeal to postgraduates,
researchers, and academics interested in international political
economy, comparative political economy, development, business, and all
those with a particular interest in Latin American trade policy
dynamics. It will also be of interest to trade policy scholars,
practitioners, and readers with an interest in how governments, firms,
and regions around the developing world transition into more
knowledge-intensive activities.
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Produktdetaljer
ISBN
9781000961638
Publisert
2023
Utgave
1. utgave
Utgiver
Taylor & Francis
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter