This paper provides a comparative economic history perspective on two significant periods of deglobalization: the Great Depression in the 1930s and the period following the Financial Crisis of 2008/9. The paper discusses differences and similarities and provides empirical results regarding the correlates of deglobalization, including the political system (institutions), level of development (GDP per capita) and the share of manufacturing.

Additional Metadata
Keywords deglobalization, world trade collapse, economic history, value chains, politics and trade, 1930s, world trade slowdown
Publisher International Institute of Social Studies of Erasmus University (ISS)
Persistent URL hdl.handle.net/1765/98695
Series ISS Working Papers - General Series
Journal ISS Working Paper Series / General Series
Citation
van Bergeijk, P.A.G. (2017). One is not enough! An economic history perspective on world trade collapses and deglobalization. ISS Working Paper Series / General Series (Vol. 628, pp. 1–23). International Institute of Social Studies of Erasmus University (ISS). Retrieved from http://hdl.handle.net/1765/98695