| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13716 |
| DP13716 Trade Blocs and Trade Wars during the Interwar Period | |
| David Jacks; Dennis Novy | |
| 发表日期 | 2019-05-04 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | What precisely were the causes and consequences of the trade wars in the 1930s? Were there perhaps deeper forces at work in reorienting global trade prior to the outbreak of World War II? And what lessons may this particular historical episode provide for the present day? To answer these questions, we distinguish between long-run secular trends in the period from 1920 to 1939 related to the formation of trade blocs (in particular, the British Commonwealth) and short-run disruptions associated with the trade wars of the 1930s (in particular, large and widespread declines in bilateral trade, the narrowing of trade imbalances, and sharp drops in average traded distances). We argue that the trade wars mainly served to intensify pre-existing efforts towards the formation of trade blocs which dated from at least 1920. More speculatively, we argue that the trade wars of the present day may serve a similar purpose as those in the 1930s, that is, the intensification of China- and US-centric trade blocs. |
| 主题 | Economic History ; International Trade and Regional Economics |
| 关键词 | Commonwealth Distance Gravity Interwar period Trade blocs Trade wars |
| URL | https://cepr.org/publications/dp13716 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542579 |
| 推荐引用方式 GB/T 7714 | David Jacks,Dennis Novy. DP13716 Trade Blocs and Trade Wars during the Interwar Period. 2019. |
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