Trade Wars: Past and Present

This book explores the causes and instruments of 500 years of armed and non-armed international trade conflicts, examining their history, ethics, economic driving forces, and legality under current rules. It also describes the transformation of economic warfare since 1989 and how China's rise challenges the Western model of democracy and free market economies. The authors conclude with a plea for improved economic statecraft and an overhaul of the current trading regime.

Format: Hardback
Length: 336 pages
Publication date: 25 August 2022
Publisher: Oxford University Press

This comprehensive book delves into the intricate tapestry of 500 years of armed and non-armed international trade conflicts, shedding light on their underlying causes and the diverse instruments employed in these conflicts. Drawing upon their extensive expertise, Nils Ole Oermann and Hans-Jürgen Wolff embark on a profound exploration, examining trade wars, economic sanctions, and various forms of economic warfare. Through a meticulous examination of their history, ethics, economic driving forces, and legal implications under current rules, the authors offer a clear and accessible account of the economics of trade, the evolution of trade and financial policy since the nineteenth century, and the efficacy of sanctions and the prospects of winning trade wars. Moreover, the book delves into the transformative shift in economic warfare since 1989, particularly in the realm of cyberspace and the global financial system. It highlights how China's rise poses challenges to the Western model of democracy and free market economies. In conclusion, the authors fervently advocate for improved economic statecraft and a comprehensive overhaul of the current trading regime, aiming to foster a more peaceful and prosperous global economic landscape.

This comprehensive book delves into the intricate tapestry of 500 years of armed and non-armed international trade conflicts, shedding light on their underlying causes and the diverse instruments employed in these conflicts. Drawing upon their extensive expertise, Nils Ole Oermann and Hans-Jürgen Wolff embark on a profound exploration, examining trade wars, economic sanctions, and various forms of economic warfare. Through a meticulous examination of their history, ethics, economic driving forces, and legal implications under current rules, the authors offer a clear and accessible account of the economics of trade, the evolution of trade and financial policy since the nineteenth century, and the efficacy of sanctions and the prospects of winning trade wars. Moreover, the book delves into the transformative shift in economic warfare since 1989, particularly in the realm of cyberspace and the global financial system. It highlights how China's rise poses challenges to the Western model of democracy and free market economies. In conclusion, the authors fervently advocate for improved economic statecraft and a comprehensive overhaul of the current trading regime, aiming to foster a more peaceful and prosperous global economic landscape.

Weight: 650g
Dimension: 165 x 241 x 27 (mm)
ISBN-13: 9780192848901