Research Handbook On Trade Wars

The Research Handbook on Trade Wars presents an informative and in-depth account of the origins, dynamics, and implications of trade wars, which are growing both in scale and scope in today’s increasingly interdependent global economy. Providing the frameworks necessary for understanding the political and economic logics of trade wars, this Handbook will be a valuable source of reference for researchers, government officials, businesses, and post-graduate students interested in international political economy, international economics, economic statecraft, public policy, and international relations.

This book provides an analysis of the global trading system and its implications. The author uses network theory to examine the sustainability of the free trade system and its future. The book attempts to find out what the future of free trade could be and how the global trading system would unfold. The book assesses four main waves of challenges to free trade and open society: the COVID-19 pandemic, the US–China trade war, economic nationalism, and the Fourth Industrial Revolution. While some of these challenges have been casting their shadows on the global economic system for some time, others are relatively novel, and their full effects are yet to be seen. This book also looks at the challenges they would present to multilateralism and global trade development. This book will interest those who wish to have a better understanding of the US–China trade war and the challenges to the global trading system.

This book provides a timely account of the US-China trade war with insights into its causes and consequences. It analyses the context and causes of the trade war, the intertwined processes of tariff combat and trade negotiations, and the impacts on international trade among others.

This comprehensive Research Handbook examines the key drivers of the arms trade, mapping the main trends in Asia, Europe, the Middle East, Africa and Latin America. It also explores the principal defence markets internationally, including the US, China, India, Russia and the UK in greater detail.

US vs China: From Trade War to Reciprocal Deal gives readers an up close account on the rough-and-tumble trade talks between the US and China. The book provides a neutral and balanced perspective in addressing the historical, political and cultural backgrounds that had made US-China trade wars inevitable, but also explores how the two richest and most powerful countries and long-time rivals may eventually reach a consensus to support a bilateral trade agreement for the ages.

This book explores the causes and instruments of 500 years of armed and non-armed international trade conflicts. Nils Ole Oermann and Hans-Jürgen Wolff draw on decades of experience to examine trade wars, economic sanctions, and different types of economic warfare, investigating their history, ethics, economic driving forces, and legality under current rules. They provide a clear and accessible account of the economics of trade, of trade and financial policy since the nineteenth century, and of the effectiveness of sanctions and the 'winnability' of trade wars. The book also describes the transformation of economic warfare since 1989, namely in cyberspace and in the world financial system, and shows how China's rise challenges the Western model of democracy and free market economies. The authors conclude with a plea for improved economic statecraft and an overhaul of the current trading regime.

This study of American trade policy addresses two puzzles associated with the use of aggressive bargaining tactics to open foreign markets. First, as the country with greater power and resources, why has the United States achieved more success in extracting concessions from some of its trading partners than others? Second, why is it that trade disputes between democratic and authoritarian states do not more frequently spark retaliatory actions than those between democratic pairs? Ka Zeng finds answers to both of these questions in the domestic repercussions of the structure of trade between the United States and its trading partners, whether the United States has a competitive trade relationship with its trading partner, or whether trade is complementary. This book offers practical policy prescriptions that promise to be of interest to trade policymakers and students of international trade policy. Ka Zeng is Assistant Professor of Political Science at the University of Arkansas, Fayetteville.

This book puts the trade war between the United States and China in historical context. Exploring the dynamics of isolation and internal reform from a Chinese perspective, the author draws upon valuable insights from China's years of isolation prior to the famous Nixon-Mao summit. Advocating internal reform as a more productive strategy than conflict with other powers, this powerful argument for globalization with Chinese characteristics will be of interest to scholars of China, economists, and political scientists.

The book makes an effort in investigating the present and future developments in the global economy, after the 2008 global financial and economic crisis. The results of the global crisis were devastating and destructive all around the world. The USA economy took significant damage when the crisis went into Europe, and it turned out a foreign debt crisis influencing European economies, including Iceland, Ireland, Greece, Spain, Italy. Consequently, the economic crises gave impetus to social uprisings and protest, and this led to giving populist and nationalist politicians the advantage to take the control of government. President Trump's “First USA Policy,” then, European populist and anti-EU politicians including, Le Pen, Wilders, Salvini, and Nigel Farage attack the post-war global economic order and structures like the European Union to vanish the full benefits and wealth of globalization process. After the crisis, the global economy evolved into protectionism, depending on the coming to power of populist leaders. President Trump entered into a great trade war with the European Union and China, later on. In this frame, the study examines the effects of populism/protectionism, which has upsurged after the 2008 crisis, on the global economy in various dimensions.