Deglobalization 2.0 Trade and Openness During the Great Depression and the Great Recession

van Bergeijk, Peter A. G.

Deglobalization 2.0 Trade and Openness During the Great Depression and the Great Recession

Deglobalization 2.0 Trade and Openness During the Great Depression and the Great Recession Edward Elgar, Cheltenham, 2019 ISBN: 978 1 78897 345 8

12 Pages Posted: 11 Jun 2019

See all articles by Peter A. G. van Bergeijk

Peter A. G. van Bergeijk

Erasmus University - Institute of Social Studies (ISS)

Date Written: May 24, 2019

Abstract

Deglobalization 2.0 argues that Trump and Brexit are the symptoms, and not the causes, of a long sequence of alternating phases of globalization and deglobalization driven by increasing income inequality and the retreat from the global stage by a contested hegemon. Providing rich empirical details, Peter van Bergeijk investigates similarities and differences between the Great Depression of the 1930s and the Great Recession and its aftermath of a slowdown in global trade. Providing an overview of recent findings and a discussion of contributions from several disciplines, the book investigates scenarios for the future of the economic world order and proposes possible solutions.

Keywords: globalization; deglobalization; trade; great depression; great recession

JEL Classification: F60; N70

Suggested Citation: Suggested Citation

van Bergeijk, Peter A.G., Deglobalization 2.0 Trade and Openness During the Great Depression and the Great Recession (May 24, 2019). Deglobalization 2.0 Trade and Openness During the Great Depression and the Great Recession Edward Elgar, Cheltenham, 2019 ISBN: 978 1 78897 345 8 , Available at SSRN: https://ssrn.com/abstract=3393647