probable impact of policies and policy measures on globalisation

A tétel rövid nézete
dc.contributor.authorLosoncz, Miklós
dc.date.accessioned2024-07-22T20:04:03Z
dc.date.available2024-07-22T20:04:03Z
dc.date.issued2024-07-13
dc.description.abstractThis paper aims to identify the impact of the recent economic and non-economic shocks on the globalisation of trade in terms of trade policy and structural openness, and to take a side in the discussion about the reversal, the slowdown, and the continuation of trade globalisation. The report argues that geopolitical decisions based on pure political priorities and different macro- and micro-policies may harm trade globalisation temporarily. Nevertheless, in the long run, underlying economic factors, such as decreasing trade costs and expanding services trade remain the critical driving forces of globalisation. The speed of the process is likely to be slower than before, and its characteristics are different. With weakening multilateralism and increasing fragmentation, the emerging global world order will be suboptimal from the point of view of economic efficiency.  Journal of Economic Literature (JEL) codes: F01, F02, F13, F60.en
dc.formatapplication/pdf
dc.identifier.citationCompetitio, Vol. 22 No. 1-2 (2023) , 49-72
dc.identifier.doihttps://doi.org/10.21845/comp/2023/1–2/4.
dc.identifier.eissn2939-7324
dc.identifier.issn1588-9645
dc.identifier.issue1-2
dc.identifier.jatitleCom
dc.identifier.jtitleCompetitio
dc.identifier.urihttps://hdl.handle.net/2437/376047
dc.identifier.volume22
dc.languageen
dc.relationhttps://ojs.lib.unideb.hu/competitio/article/view/13009
dc.rights.accessOpen Access
dc.rights.ownerMiklós Losoncz
dc.subjectexport controlen
dc.subjectimport protectionismen
dc.subjecttrade policy and structural opennessen
dc.subjectsubsidiesen
dc.subjectglobalisationen
dc.subjectdeglobalisationen
dc.subjectregionalisationen
dc.titleprobable impact of policies and policy measures on globalisationen
dc.typefolyóiratcikkhu
dc.typearticleen
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