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Understanding the challenges to the world trading system

Author

Abstract

This paper discusses the challenges to the world trading system presented by the Brexit vote in the UK and the election of Trump in the U.S. It reviews two recent books and several papers that inform our understanding of these issues.

Suggested Citation

  • Crowley, M., 2018. "Understanding the challenges to the world trading system," Cambridge Working Papers in Economics 1825, Faculty of Economics, University of Cambridge.
    • Handle: RePEc:cam:camdae:1825
    Note: mc865
    as

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    References listed on IDEAS

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    1. Chad P. Bown & Meredith A. Crowley, 2013. "Self-Enforcing Trade Agreements: Evidence from Time-Varying Trade Policy," American Economic Review, American Economic Association, vol. 103(2), pages 1071-1090, April.
    2. David H. Autor & David Dorn & Gordon H. Hanson, 2013. "The China Syndrome: Local Labor Market Effects of Import Competition in the United States," American Economic Review, American Economic Association, vol. 103(6), pages 2121-2168, October.
    3. Bown, Chad P. & Crowley, Meredith A., 2013. "Import protection, business cycles, and exchange rates: Evidence from the Great Recession," Journal of International Economics, Elsevier, vol. 90(1), pages 50-64.
    4. Bown, Chad P. & Crowley, Meredith A., 2014. "Emerging economies, trade policy, and macroeconomic shocks," Journal of Development Economics, Elsevier, vol. 111(C), pages 261-273.
    5. Douglas A. Irwin, 2015. "Free Trade under Fire Fourth edition," Economics Books, Princeton University Press, edition 4, number 10486.
    6. Justin R. Pierce & Peter K. Schott, 2016. "The Surprisingly Swift Decline of US Manufacturing Employment," American Economic Review, American Economic Association, vol. 106(7), pages 1632-1662, July.
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    Keywords

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    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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