Seoul Journal of Economics
[ Article ]
Seoul Journal of Economics - Vol. 33, No. 3, pp.265-281
ISSN: 1225-0279 (Print)
Print publication date 31 Aug 2020
Received 29 Feb 2020 Accepted 17 Mar 2020
DOI: https://doi.org/10.22904/sje.2020.33.3.001

The Causes of Trade Tensions and their Consequences for Financial Stability

Andrew K. Rose
Andrew K. Rose, Dean NUS-Business, on leave from Berkeley-Haas, ABFER senior fellow, CEPR research fellow and NBER research associate, Tel: +65 6516-3075 bizaro@nus.edu.sg

JEL Classification: F15, G15

Abstract

I have two objectives in this short paper. First, I explore some of the reasons why the world is currently experiencing so much tension associated with international trade. Second, I discuss some of the consequences of this trade tension for financial stability.

Keywords:

Data, Empirical, International, Protection; Soft power

Acknowledgments

This paper was first delivered as a keynote address to the G20 Conference on Global Financial Stability in Seoul in November 2019; all mistakes are mine alone.

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