Purpose - According to the conventional wisdom, trade is not a zero-sum game, but a positive-sum game. By allowing countries to focus on producing the goods that they can produce relatively efficiently, free trade is largely beneficial for everyone involved. Then, why are the world’s two...

Klappentext: Die Bewunderung für den schnellen Aufstieg Chinas innerhalb der globalen Wirtschaftsordnung weicht in westlichen Ländern zunehmend der Sorge vor einer autoritären Weltmacht. Heribert Dieter zeigt, wie China die Rolle der "Werkbank" überwunden hat und zunehmend...

Introduction: Trump, nationalism, and a future in the balance -- Trade past and present (a quick primer) -- The U.S. time bomb that blew up in 2016 -- Broader problems with trade--what's behind anti-globalism -- Is the world trade order broken? -- Can welfare states survive in the global...