On the brink of deglobalization: An alternative perspective on the causes of the world trade collapse

Peter A.G. van Bergeijk*

*Corresponding author for this work

Research output: Book/Report/Inaugural speech/Farewell speechBookAcademic

6 Citations (Scopus)

Abstract

On the Brink of Deglobalization addresses the breakdown of international trade and capital flows in 2008/09 and challenges the mainstream narrative for the world trade collapse. Detailed chapters on international finance, fragmentation of production, protectionism and earlier episodes of collapsing trade reveal data that contradicts conventional explanations and demonstrates that the trade collapse was driven by the shock of (perceived) trade uncertainty. Peter van Bergeijk discusses why trade barriers and import substitution are seen as solutions during depressions while presenting empirical evidence demonstrating the risks of such policies. This book provides a broad, historical and statistical analysis relevant to understanding the recent world trade collapse.

Original languageEnglish
PublisherEdward Elgar Publishing
Number of pages181
ISBN (Electronic)9781849805803
ISBN (Print)9781849804110
DOIs
Publication statusPublished - 30 Sep 2010

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