Geopolitics, Trade Blocks, and the Fragmentation of World Commerce
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A01=Uri Dadush
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Author_Uri Dadush
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Category1=Non-Fiction
Category=JPSL
Category=KCL
Category=KCP
COP=United States
Deglobalization
Delivery_Delivery within 10-20 working days
economic fragmentation
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
global value chains
globalization
Language_English
PA=Available
Price_€50 to €100
protectionism
PS=Active
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strategic competition
trade blocks
trade policy uncertainty
World Trade Organization
Product details
- ISBN 9781666929362
- Weight: 513g
- Dimensions: 159 x 236mm
- Publication Date: 15 Sep 2024
- Publisher: Bloomsbury Publishing Plc
- Publication City/Country: US
- Product Form: Hardback
- Language: English
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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.
