US-China Trade War and Its Implications on the Global Economy
| Autor: | Dukgeun Ahn, Jun Yeop Lee |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: | |
| Zdroj: | Journal of International Logistics and Trade, Vol 19, Iss 4, Pp 181-184 (2021) |
| Druh dokumentu: | article |
| ISSN: | 2508-7592 1738-2122 |
| DOI: | 10.24006/jilt.2021.19.4.181/full/pdf |
| Popis: | This editorial proposes three fundamental issues in the international economic field evoked by the US-China trade war. The first is the intensifying conflict between protectionism measures and the coherence with relevant global trade rules. The second is decoupling between the US and China and subsequent evolution in the global production network. The third is the digression in the trade flow between the US and China and the resulting change in innovative capabilities and manufacturing competitiveness among major industrial countries. This editorial also offers the long-term perspective of the current global trade war and how the world encounters repercussion of openness and protectionism as well as times of prosperity and uncertainty. |
| Databáze: | Directory of Open Access Journals |
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