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Navigating the New Normal: The European Union's Changing Stance on Globalization in the Era of  Trade Conflicts.

Authors :
Sjöholm, Fredrik
Source :
Asian Economic Papers; Winter2024, Vol. 23 Issue 1, p29-45, 17p
Publication Year :
2024

Abstract

The EU is becoming more inward-looking and more hesitant toward globalization. This paper examines recent transformations in the EU's economic policies, with a focus on international trade and industrial policy. It argues that these changes reflect the EU's response to the evolving global economic and political landscape, driven by factors such as China's rise and the United States' protectionist policies. By analyzing the potential consequences of these policy adjustments on EU industries' competitiveness and trade relations, the paper offers insights into the future prospects of EU economic policies and their role in shaping the global economy. [ABSTRACT FROM AUTHOR]

Subjects

Subjects :
GLOBALIZATION
ECONOMIC policy

Details

Language :
English
ISSN :
15353516
Volume :
23
Issue :
1
Database :
Complementary Index
Journal :
Asian Economic Papers
Publication Type :
Academic Journal
Accession number :
175706600
Full Text :
https://doi.org/10.1162/asep_a_00886