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Preface
1 Rising Threats to Free Trade
1.1 Evolution of the Global Trading System
1.2 Four Waves of Challenges to Free Trade
1.2.1 The Corona (COVID-19 and Its Variants) Pandemic
1.2.2 The US–China Trade War
1.2.3 Economic Nationalism
1.2.4 The Fourth Industrial Revolution (4IR)
2 The Global Trading System from a Network Perspective
2.1 Why Network Theory?
2.2 Network Theory and the Global Trading System
2.2.1 The Collision of Networks: Inner vs. Outer
2.2.2 Network Power and Standard
2.2.3 Network Structure
2.2.4 Communication Pattern
2.3 Analytic Tools in Network Study
2.3.1 Positioning of a Node
2.3.2 The Role of Leading Nodes
2.3.3 Multilayered Network
3 Mega-FTAs – A Reason for Hope?
3.1 The European Union (EU)
3.1.1 What’s Inside the EU Network?
3.1.2 Defining the Leader of the EU
3.1.3 EU’s Network Structure and Communication Pattern
3.1.4 Brexit: The Collision of Inner and Outer Networks
3.1.5 Highlights in the EU Network
3.2 Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
3.2.1 Brief History
3.2.2 Leading Node: From the US to Japan
3.2.3 Network Power
3.2.4 Network Structure
3.2.5 The Interaction of Inner and Outer Networks
3.2.6 Communication Mode
3.2.7 Highlights in CPTPP
3.3 US–Mexico–Canada Agreement (USMCA)
3.3.1 From NAFTA to USMCA
3.3.2 The USA’s Leading Power
3.3.3 Why Must It Be USMCA?
3.3.4 Network Structure
3.3.5 Inner vs. Outer Networks
3.3.6 Communication Mode
3.3.7 Highlights in USMCA
3.4 Regional Comprehensive Economic Partnership (RCEP)
3.4.1 ASEAN+3 or ASEAN+6?
3.4.2 The Leadership of Three Powerhouses
3.4.3 Network Power
3.4.4 Network Structure
3.4.5 RCEP Citizens: For or Against RCEP?
3.4.6 Communication Mode and Highlights in RCEP
4 Networking Strategy in Competition: The US vs. China
4.1 The USA’s FTA Network
4.1.1 A Closer Look
4.1.2 Chronological Evolution
4.1.3 FTA Partner Selection Strategy
4.1.4 The Viability of the Current FTA Network
4.1.5 The Voices in the Inner Network
4.1.6 Network Power
4.1.7 Network Structure and Communication Pattern
4.1.8 Characteristics of the USA’s FTA Network
4.1.9 Assessment and Prospects
4.2 China’s FTA Network
4.2.1 China in the Global Trading System
4.2.2 Chronological Evolution
4.2.3 FTA Partner Selection Strategy
4.2.4 Spaghetti Bowl Effect
4.2.5 Lack in Inner Networks?
4.2.6 Network Power
4.2.7 Network Structure and Communication Pattern
4.2.8 Characteristics of China’s FTA Network
4.2.9 Assessment and Prospects
5 The Ultimate Winner?: The US-Led vs. the China-Led Network
5.1 The US-Led Network: Options and Development
5.1.1 The US-Led Network in the Pre-Biden Era
5.1.2 The EPN under Trump Administration
5.1.3 Network Structure
5.1.4 Strategic Options and Future Directions
5.2 The China-Led Network and the BRI
5.2.1 Brief Introduction of the BRI
5.2.2 Current Status and Future Direction
5.2.3 Network Structure
5.2.4 Impacts on the Future Global Trading System
5.3 Who Will Get the Upper Hand?
6 The Four Waves of Challenges
6.1 COVID-19 Pandemic
6.1.1 Impacts of the COVID-19 Pandemic on the USA’s Strategies
6.1.2 Impacts of the COVID-19 Pandemic on China’s Strategies
6.1.3 Impacts of the COVID-19 Pandemic on the EU’s Strategies
6.2 The US–China Trade War
6.2.1 Current Development from the USA’s Perspective
6.2.2 Current Development from China’s Perspective
6.2.3 Current Development from the EU’s Perspective
6.3 Economic Nationalism
6.3.1 The USA’s Economic Nationalism
6.3.2 China’s Economic Nationalism
6.3.3 The EU’s Economic Nationalism
6.4 The Fourth Industrial Revolution
6.4.1 The US and 4IR
6.4.2 China and the 4IR
6.4.3 The EU and the 4IR
6.5 Lingering Uncertainty
7 Is Free Trade Passé?
Index

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출판사 책소개

알라딘제공

This book provides an analysis of the global trading system and its implications. The author uses network theory to examine the sustainability of the free trade system and its future. The book attempts to find out what the future of free trade could be and how the global trading system would unfold.

The book assesses four main waves of challenges to free trade and open society: the COVID-19 pandemic, the US?China trade war, economic nationalism, and the Fourth Industrial Revolution. While some of these challenges have been casting their shadows on the global economic system for some time, others are relatively novel, and their full effects are yet to be seen. This book also looks at the challenges they would present to multilateralism and global trade development.

This book will interest those who wish to have a better understanding of the US?China trade war and the challenges to the global trading system.



This book aims to provide an analysis of the global trading system relating its implications to the globalization process. This book will interest those who wish to have a better understanding of the US-China Trade War and the challenges to the global trading system.