Introduction: trade wars past and present: causes, dynamics and consequences

Ka Zeng and Wei Liang

Chapter 1 in Research Handbook on Trade Wars, 2022, pp 1-25 from Edward Elgar Publishing

Abstract: This chapter provides an introduction to the causes, dynamics and consequences of trade wars in the contemporary era. It starts by outlining a few theoretical perspectives that are relevant to discussions of trade wars, including realism, neoliberal institutionalism and constructivism. The chapter then examines factors at both the international and domestic levels that may explain the onset of such high-intensity trade conflicts. The main factors highlighted include power competition, the growing discontent toward globalization, the decline of global trade governance, the rise of global value chains, domestic interests and institutions, trade deficit and exchange rate misalignment. The next part of the chapter turns to discussions of the scope, forum choice, and pattern of escalation of trade wars, the linkages between security concerns and trade wars and the aggregate and distributional effects of trade wars. The last part of the chapter presents an overview of the chapters and their main findings.

Keywords: Asian Studies; Economics and Finance; Geography; Politics and Public Policy (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781839105692/9781839105692.00007.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:19694_1

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().