Corporate Strategy in Times of Anti-Trade Sentiment

Eckhardt, Jappe; Curran, Louise

doi:10.1017/9781108757683.003

Cited by 3 publications

(2 citation statements)

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“…The reasons behind this backlash are complex and multifaceted. What seems evident is that the global financial crisis and its aftermath has refuelled scepticism in Western democracies about the gains from trade (Eckhardt and Curran 2019;Kobrin 2017). Moreover, recent research shows that high levels of exposure to the vagaries of international economic competition, in particular Chinese import shocks, are highly correlated with rising anti-globalization sentiments (Colantone and Stanig 2018a).…”

Section: The Globalization Backlash Perspective On Eu Trade Policymentioning

confidence: 99%

“…In the US, a trade sceptic won the 2016 presidential election; pulled the US out of the Trans-Pacific Partnership and renegotiated NAFTA; while imposing a flurry of new tariffs (Noland 2018). In France, the far-right presidential candidate -running on a programme of economic patriotism, protectionism and leaving the EU -received an unprecedented third of the vote in 2017 (Eckhardt and Curran 2019). Distrust of trade in the EU also crystalized around fierce resistance in numerous member states to TTIP and CETA (De Ville and Siles-Brügge 2015) and protests against EU's initiative to grant China 'market economy status,' which would make it harder for the EU to impose protectionist trade defence measures on Chinese imports (Angel 2016).…”

Section: The Globalization Backlash Perspective On Eu Trade Policymentioning

confidence: 99%

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Global value chains, the anti-globalization backlash, and EU trade policy: a research agenda

Dür

Eckhardt

Poletti

2019

Journal of European Public Policy

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Two recent developments have the potential to fundamentally alter the conventional view of EU trade policy-making: the emergence of global value chains (GVCs) and the recent backlash against globalization. In this paper we summarize the conventional wisdom after which we delineate the main expectations derived from the GVC and the globalization-backlash perspectives. In so doing, we focus on the EU's trade and non-trade preferences, and the EU's ability to achieve its preferences in international trade negotiations. We then discuss the research agenda that would allow testing the expectations derived from these different perspectives. A key point that emerges from this discussion is that the conventional perspective, the GVC perspective, and the globalization-backlash perspective may all be needed to fully understand EU trade policy. The challenge is to know under which conditions which of these perspectives best explains the process and outcomes of EU trade policy-making.

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Section: The Globalization Backlash Perspective On Eu Trade Policymentioning

confidence: 99%

Section: The Globalization Backlash Perspective On Eu Trade Policymentioning

confidence: 99%