1、字数:英文 3241 单词, 17258 字符;中文 5649 汉字 出处: Keck A, Hancock J, Nee C. Perspectives for Global Trade and the International Trading SystemJ. Wirtschaftsdienst, 2018, 98(1): 16-23. 外文文献: Perspectives for Global Trade and the International Trading System Abstract The authors review current developments and f
2、uture prospects for international trade, arguing that despite the recent slowdown, trade remains an important driver of economic growth and development. Scepticism towards further trade opening needs to be addressed, notably via appropriate domestic adjustment policies. One challenge to advancing fu
3、rther global economic integration lies in the rapid transformation of trade itself and the nature of remaining barriers. The authors highlight new models of trade cooperation that can help to make progress at the global level while accommodating countries diverse interests and levels of development.
4、 Introduction Global trade is at a historic crossroads. For 60 years after the Second World War, trade grew faster than economic output clear evidence that the world economy was becoming ever more open and integrated as countries steadily broke down the economic barriers between them in a succession
5、 of multilateral and regional initiatives. Moreover, this process of trade-led integration or globalisation seemed to be accelerating. With the conclusion of the Uruguay Round, the expansion of the EU, the creation of the North American Free Trade Agreement (NAFTA) and the accession of China to the
6、World Trade Organization (WTO), trade expanded at almost double the rate of gross domestic product (GDP) growth in the two decades after the mid-1980s almost 6 % versus just about 3 %. It did not escape notice that this unprecedented period of trade-led globalisation also coincided with an unprecedented period of global development, poverty reduction and economic expansion. But since the Great Recession of 2008, trade-led globalisation seems to have stalled with worrying