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Perspectives for Global Trade and the International Trading System

Author

Listed:
  • Alexander Keck

    (WTO)

  • John Hancock

    (WTO)

  • Coleman Nee

    (WTO)

Abstract

The authors review current developments in international trade and its prospects for the future arguing that despite the recent slowdown, trade remains an important driver of economic growth and development. Scepticism towards further trade opening needs to be addressed, notably via appropriate domestic adjustment policies. One challenge to advancing further global economic integration lays in the rapid transformation of trade itself and the nature of remaining barriers. The authors highlight new models of trade cooperation that can help to make progress at the global level, while accommodating countries’ diverse interests and levels of development.

Suggested Citation

  • Alexander Keck & John Hancock & Coleman Nee, 2018. "Perspectives for Global Trade and the International Trading System," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 98(1), pages 16-23, April.
    • Handle: RePEc:spr:wirtsc:v:98:y:2018:i:1:d:10.1007_s10273-018-2272-0
    DOI: 10.1007/s10273-018-2272-0
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    Citations

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    Cited by:

    1. Martin Braml & Gabriel Felbermayr & Wolfgang Weiß & Fritz Breuss & Christoph Scherrer & Christoph Herrmann & Caroline Glöckle & Benjamin Jung & Tim Krieger & Laura Renner & Bernd Lange, 2018. "Trade War and Its Implications: the Beginning of the End for WTO?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 71(11), pages 03-29, June.
    2. Tetiana Tananaiko & Olha Yatsenko & Olha Osypova & Vitalii Nitsenko & Tomas Balezentis & Dalia Streimikiene, 2023. "Economic Rationale for Manifestations of Asymmetry in the Global Trading System," Sustainability, MDPI, vol. 15(6), pages 1-49, March.

    More about this item

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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