One is not enough! An economic history perspective on world trade collapses and deglobalization
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.
|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)|
|Series||ISS Working Papers - General Series|
|Journal||ISS Working Paper Series / General Series|
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