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The Trade Weapon: How Weaponizing Trade Threatens Growth, Public Health and the Climate Transition

The Trade Weapon: How Weaponizing Trade Threatens Growth, Public Health and the Climate Transition

Hardcover

General Political ScienceInternational Relations

ISBN10: 1509557555
ISBN13: 9781509557554
Publisher: Polity Press
Published: Jan 23 2024
Pages: 224
Weight: 0.86
Height: 0.63 Width: 5.60 Depth: 8.81
Language: English

Prompted by geostrategic rivalry and the war in Ukraine, COVID-19 and the climate transition, trade policy is increasingly being weaponized. This trend towards protectionist capture and retaliation is self-sabotaging and bad for growth. But there is another way.

In this hard-hitting book, Ken Heydon offers alternatives to the trade weapon: the need for diplomatic carrots to accompany the sanctions stick; for resilience in supply chains rather than self-sufficiency through ill-advised reshoring and friend-shoring; for multilateral WTO remedies to rule breaking rather than unilateral penalties in the name of national sovereignty; and for direct action on environment and public health goals rather than the blunt tool of trade restriction.

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General Political Science