Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Trump, Trade, and the End of Globalization

Trump, Trade, and the End of Globalization

Jacoby, David

Hardcover

Business GeneralInternational Relations

ISBN10: 1440861307
ISBN13: 9781440861307
Publisher: Praeger
Published: Jun 15 2018
Pages: 216
Weight: 1.20
Height: 0.80 Width: 6.40 Depth: 9.40
Language: English

Provides a roadmap for mature industrialized countries to contribute to and benefit from global trade on new terms.

Global trade is heading toward chaos. Globalization has in part been a zero-sum game over the last 20 years, as China's middle and upper classes have grown sharply while Western economies have stagnated. Wealthy countries, most notably the United States and the United Kingdom, are now on the brink of abandoning free trade as it includes both the principles and the theories behind it because their economies cannot compete with those of China and some developing countries. Prevailing protectionist attitudes and policies are based on short-term thinking and will disappoint future generations.

According to author David S. Jacoby, a new multilateralism can provide a way out of this impending disaster by preserving innovation and growth while also curbing the impact of countries that manipulate currency, disparage the environment, and violate human rights. Jacoby clearly explains how industrialized nations can compete on a basis of differentiated technology and innovation while letting developing countries compete on a basis of manufacturing, components, and materials and makes a strong case for why the West should recommit to global trade.

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