One is not enough! An economic history perspective on world trade collapses and deglobalization

This article appeared  in the Chinese Edition of International Social Science Journal, Vol. 34, No. 1, pp. 17-30

This paper provides a comparative economic history  perspective on two significant periods of deglobalization: the Great Depression in the 1930s and the period following the Financial Crisis of 2008/9. The paper discusses differences and similarities and provides empirical results regarding the correlates of deglobalization, including the political system (institutions), level of development (GDP per capita) and the share of manufacturing

The English version is here


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