Confronting the Threat

Robert Gmeiner ()
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Robert Gmeiner: Methodist University

Chapter Chapter 7 in How Trade with China Threatens Western Institutions, 2021, pp 231-276 from Springer

Abstract: Abstract Trade with China threatens Western institutions. Protecting these institutions is not as simple as terminating trade with China, which is not a viable policy option. Some trade restrictions are in order, but these must be carefully crafted to put a stop to the institutional free riding. Necessary policies include reforming the regulatory structure of Western countries to maintain competitive advantage, maintaining a military presence, and leading multilateral action in the Asia-Pacific region to offer a counterweight to China. The underlying themes of all policy options presented in this chapter are to stop the institutional free riding and mitigate the influence that China has obtained through institutional free riding, while letting mutually beneficial trade continue.

Date: 2021
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DOI: 10.1007/978-3-030-74709-1_7

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