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The Evolution and Reshaping of Globalization: A Perspective Based on the Development of Regional Trade Agreements
Bao, Xiaohua; Wang, Xiaozhuo
刊名CHINA & WORLD ECONOMY
2019
卷号27期号:1页码:51-71
关键词economic globalization hubness income inequality regional trade agreements
ISSN号1671-2234
DOI10.1111/cwe.12267
英文摘要With the weakening role of the World Trade Organization multilateral trading system, the globalization pattern is moving toward regional economic integration. As a result, the number of regional trade agreements (RTAs) has rapidly increased. New trends in international economics and trade, such as the withdrawal of the US from the Trans-Pacific Partnership and the trade disputes between the US and China, have revealed the intention of the developed countries represented by the US to reshape the direction of globalization. This paper combines the relevant research conclusions and current stylized facts to examine the evolution and reshaping of globalization. We find that: (i) countries have different attitudes toward the recent round of globalization, which are related to changes in the patterns of income distribution within countries caused by the last round of globalization; and (ii) regional economic development is an effective way to reshape globalization. The self-strengthening effect of the hub country in the trade network has promoted global RTA expansion.
WOS研究方向Business & Economics
语种英语
出版者WILEY
WOS记录号WOS:000455959800003
内容类型期刊论文
源URL[http://10.2.47.112/handle/2XS4QKH4/416]  
专题上海财经大学
通讯作者Bao, Xiaohua
作者单位Shanghai Univ Finance & Econ, Coll Business, Shanghai, Peoples R China
推荐引用方式
GB/T 7714
Bao, Xiaohua,Wang, Xiaozhuo. The Evolution and Reshaping of Globalization: A Perspective Based on the Development of Regional Trade Agreements[J]. CHINA & WORLD ECONOMY,2019,27(1):51-71.
APA Bao, Xiaohua,&Wang, Xiaozhuo.(2019).The Evolution and Reshaping of Globalization: A Perspective Based on the Development of Regional Trade Agreements.CHINA & WORLD ECONOMY,27(1),51-71.
MLA Bao, Xiaohua,et al."The Evolution and Reshaping of Globalization: A Perspective Based on the Development of Regional Trade Agreements".CHINA & WORLD ECONOMY 27.1(2019):51-71.
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