The authors carefully explicate and place into theoretical and historical contexts the key concepts of international trade, investment, sanctions, protectionism, and economic warfare. They develop criteria for assessing the effectiveness of various trade policies, sanctions, and economic warfare and apply them to specific cases, including Trump's tariff wars...This book should be required reading for every policy maker and, ideally, every citizen.
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This book explores the causes and instruments of 500 years of armed and non-armed international trade conflicts. Nils Ole Oermann and Hans-Jürgen Wolff draw on decades of experience to examine trade wars, economic sanctions, and different types of economic warfare, investigating their history, ethics, economic driving forces, and legality under current rules. They provide a clear and accessible account of the economics of trade, of trade and financial policy since the nineteenth century, and of the effectiveness of sanctions and the 'winnability' of trade wars. The book also describes the transformation of economic warfare since 1989, namely in cyberspace and in the world financial system, and shows how China's rise challenges the Western model of democracy and free market economies. The authors conclude with a plea for improved economic statecraft and an overhaul of the current trading regime.
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The book explores the causes and instruments of 500 years of armed and non-armed international trade conflicts. The authors draw on decades of experience to examine trade wars, economic sanctions, and different types of economic warfare, investigating their history, ethics, economic driving forces, and legality under current rules.
Read more
Product details
ISBN
9780192848901
Published
2022
Publisher
Oxford University Press
Weight
654 gr
Height
240 mm
Width
162 mm
Thickness
23 mm
Age
P, 06
Language
Product language
Engelsk
Format
Product format
Innbundet
Number of pages
330