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A Shifting Mandate: International Ownership, Global Fragmentation, and a Case for Deeper Integration under the WTO

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  • BLANCHARD, EMILY J.

Abstract

This paper reviews several key implications of international investment and global supply chain fragmentation for the multilateral trading system. Based on existing economic research, I identify a two-fold challenge for policy makers: first, to leverage the trade-liberalizing potential of global fragmentation at the multilateral level; and, second, to counter the potential for opportunistic manipulation of behind-the-border policy instruments.

Suggested Citation

  • Blanchard, Emily J., 2015. "A Shifting Mandate: International Ownership, Global Fragmentation, and a Case for Deeper Integration under the WTO," World Trade Review, Cambridge University Press, vol. 14(1), pages 87-99, January.
    • Handle: RePEc:cup:wotrrv:v:14:y:2015:i:01:p:87-99_00
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    Cited by:

    1. Fiorini, Matteo; Lebrand, Mathilde, 2016. "The Political Economy of Services Trade Agreements," Economics Working Papers ECO2016/05, European University Institute.
    2. Fontagné, Lionel & Santoni, Gianluca, 2021. "GVCs and the endogenous geography of RTAs," European Economic Review, Elsevier, vol. 132(C).
    3. Ka Zeng & Karen Sebold & Yue Lu, 2020. "Global value chains and corporate lobbying for trade liberalization," The Review of International Organizations, Springer, vol. 15(2), pages 409-443, April.
    4. Taherzadeh, Oliver, 2020. "Locating pressures on water, energy and land resources across global supply chains," SocArXiv ue45p, Center for Open Science.
    5. Ornelas, Emanuel & Turner, John L. & Bickwit, Grant, 2021. "Preferential trade agreements and global sourcing," Journal of International Economics, Elsevier, vol. 128(C).
    6. Bernard Hoekman & Douglas Nelson, 2018. "21st Century Trade Agreements and the Owl of Minerva," RSCAS Working Papers 2018/04, European University Institute.
    7. Siqi Li & Mengdi Sun, 2024. "Spillover effects of government subsidies on outward foreign direct investment: Evidence from China," Review of International Economics, Wiley Blackwell, vol. 32(4), pages 1521-1566, September.
    8. repec:awd:intstu:v:18:y:2018:i:1-2:p:49-64 is not listed on IDEAS
    9. Gnangnon, Sèna Kimm, 2025. "Effect of the Multilateral Surveillance of Trade Policies on Economic Institutions, Participation in Global Value Chains and Export Upgrading in Developing Countries," EconStor Preprints 313119, ZBW - Leibniz Information Centre for Economics.
    10. Bernard Hoekman & Douglas Nelson, 2020. "Subsidies, Spillovers and Multilateral Cooperation," RSCAS Working Papers 2020/12, European University Institute.

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