The trade weapon : how weaponizing trade threatens growth, public health and the climate transition / Ken Heydon.

Format:

Book

Author/Creator:

Heydon, Kenneth, author.

Contributor:

Rosengarten Family Fund.

Language:

English

Subjects (All):

Economic sanctions.

Embargo.

International economic relations.

Physical Description:

xiv, 204 pages : illustrations ; 23 cm

Other Title:

How weaponizing trade threatens growth, public health and the climate transition

Place of Publication:

Cambridge ; Hoboken, NJ : Polity, 2024.

Summary:

In this volume, Heydon offers alternatives to countries using trade policy as a 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 World Trade Organization 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. But, to restrain the damaging subordination of trade policy to other ends, governments must address the discontents of trade and do better at helping losers, adjusting to technological change and making the case for open markets. At stake are three decades of income gains from globalization and the ability to deal effectively with the climate transition and the next pandemic. --From publisher's description.

Contents:

Introduction: Free trade's winners and losers

Sanctioning aggression

Arming the global value chain

Trade self-defence

Battling for the greater good

Arms control: restraining the use of the trade weapon.

Notes:

Includes bibliographical references (pages 177-191) and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Rosengarten Family Fund.

ISBN:

9781509557554

1509557555

9781509557561

1509557563

OCLC:

1378706046