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Implications of rising trade tensions for the global economy

Author

Listed:
  • Quaglietti, Lucia

Abstract

Public support for globalisation has declined over the past decade and trade reforms have slowed. Moreover, in recent weeks the risk of rising trade tensions has surged on the back of new sets of tariffs announced by the US administration. This box discusses the possible implications of rising trade tensions for the global economy. JEL Classification: F62, F13

Suggested Citation

  • Quaglietti, Lucia, 2018. "Implications of rising trade tensions for the global economy," Economic Bulletin Boxes, European Central Bank, vol. 3.
  • Handle: RePEc:ecb:ecbbox:2018:0003:1
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    File URL: https://www.ecb.europa.eu//pub/pdf/other/ecb.ebbox201803_01.en.pdf
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    Cited by:

    1. Peter Enderwick & Peter Buckley, . "Introduction to the focused section: COVID-19 and international production," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.

    More about this item

    Keywords

    global economy; protectionism; trade policy;
    All these keywords.

    JEL classification:

    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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