Global Trade in the Aftermath of the Global Crisis

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Global Trade in the Aftermath of the Global Crisis

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Title: Global Trade in the Aftermath of the Global Crisis
Author: Frieden, Jeffry
Citation: Frieden, Jeffry. 2009. Global trade in the aftermath of the global crisis. VoxEU Working Paper, November 27, 2009. http://www.voxeu.org/article/global-trade-aftermath-global-crisis
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Abstract: Re-balancing global trade will be difficult, generating substantial protectionist pressures. To manage these pressures, governments must maintain domestic political support for an open world economy. This in turn requires flexible responses to national political pressures. Rigid, unrealistic insistence on exemplary behaviour will be less fruitful than efforts at modest, feasible cooperation on trade policies. Above all, governments singly and jointly need to address the underlying macroeconomic causes of the imbalances to prevent serious trade confrontations.
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Citable link to this page: http://nrs.harvard.edu/urn-3:HUL.InstRepos:11130337
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