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Frontiers of Economics in China

Front. Econ. China    2017, Vol. 12 Issue (2) : 188-192     DOI: 10.3868/s060-006-017-0009-5
Orginal Article |
A Shift to Isolationism?
Peter Hall()
Export Development Canada, Ottawa, Ontario K1A 1K3, Canada
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Abstract

Developments over the past year have led to serious, widespread concern that the world could be returning to a more isolationist stance. It is perhaps the greatest threat ever levelled at the post-war globalization movement and all of its supporting architecture. This paper argues that due to the unusual nature of the last business cycle, the general public has become impatient with the existing economic and in particular, international trade architecture. It also points out that its typical defenders are unsure of how to do so. In response, what is suggested is that logic puts definite limits on how much change is actually likely to occur, and if so, which strategic responses are most appropriate.

Keywords globalization      international trade      protectionism      isolationism     
Issue Date: 17 July 2017
 Cite this article:   
Peter Hall. A Shift to Isolationism?[J]. Front. Econ. China, 2017, 12(2): 188-192.
 URL:  
http://journal.hep.com.cn/fec/EN/10.3868/s060-006-017-0009-5
http://journal.hep.com.cn/fec/EN/Y2017/V12/I2/188
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