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Thoughts on the Political Economy of International Trade

Author

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  • Lewkowicz Jacek

    (University of Warsaw, Faculty of Economic Sciences, Długa 44/50, 00-241 Warsaw, Poland)

Abstract

International trade appears to be strongly dependent on the political environment and institutional arrangements. In this context, the commented strand of economics is expected to follow the relationships that can be turbulent. The paper reviews the available literature on international trade, with a particular focus on aspects of the political economy. These threads are described in the context of the past and present literature, as well as prospects for future research. Over the decades, the focus of the debate has shifted strongly. The analysed issues reflect not only current events affecting the shape of international trade, but also the availability of data or the growing range of quantitative tools. The observed progress and evolution of the political economy of international trade has brought numerous conclusions of scientific and practical importance.

Suggested Citation

  • Lewkowicz Jacek, 2024. "Thoughts on the Political Economy of International Trade," Central European Economic Journal, Sciendo, vol. 11(58), pages 33-41, January.
    • Handle: RePEc:vrs:ceuecj:v:11:y:2024:i:58:p:33-41:n:4
    DOI: 10.2478/ceej-2024-0004
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    More about this item

    Keywords

    political economy; international trade; institutional economics; B27; F13; F55; P48;
    All these keywords.

    JEL classification:

    • B27 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - International Trade and Finance
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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