Economic Nationalism: U.S. and Chinese Style

Ohio State Business Law Journal, 2020, Forthcoming

Ohio State Public Law Working Paper No. 533

12 Pages Posted: 3 Mar 2020

See all articles by Daniel C. K. Chow

Daniel C. K. Chow

Ohio State University College of Law

Date Written: March 2, 2020

Abstract

The United States and China have the two largest national economies in the world and are also the world’s leading proponents of Economic Nationalism. In this context, this term refers to the use of national policies to promote exports while creating barriers to imports and is a twenty first century version of 17th century mercantilism. Both nations hold these polices, but there is a stark contrast in how they are implementing them. As both nations have similar, but conflicting goals, they have been locked in a two year trade dispute that could destabilize the global economy as a whole. Recently, the two nations announced a historic phase I agreement to suspend trade hostilities. This development provides a good opportunity to explore some of the ramifications of the rise of Economic Nationalism and what it portends for the future.

Keywords: International Economic Law, Trade, Tariffs

JEL Classification: K2, K20, K33

Suggested Citation

Chow, Daniel Chee King, Economic Nationalism: U.S. and Chinese Style (March 2, 2020). Ohio State Business Law Journal, 2020, Forthcoming, Ohio State Public Law Working Paper No. 533, Available at SSRN: https://ssrn.com/abstract=3547308 or http://dx.doi.org/10.2139/ssrn.3547308

Daniel Chee King Chow (Contact Author)

Ohio State University College of Law ( email )

55 West 12th Avenue
Columbus, OH 43210
United States
614 292-0948 (Phone)
614 292-3202 (Fax)

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