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Multilateralism in Peril? Murky Protectionism and the Populist Backlash Against Globalisation

In: The Future of Global Economic Governance

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  • Marek Rewizorski

    (University of Gdańsk)

Abstract

This chapter looks at the two phenomena that may impact upon the global trade system members’ faith in the value of maintaining this system. The phenomena concerned are post-crisis, murky protectionism on the one hand, and populism on the other, both of which undermine and subvert the tenets of multilateralism. The first part of this chapter analyses murky protectionism as a challenge for trade multilateralism. The empirical–analytical review of structural and non-cyclical factors which result in the deceleration of trade is based on the statistics provided by the Global Trade Alert database and content analysis of documents, complemented by the studies by Simon J. Evenett, Johannes Fritz and Bernard Hoekman, among others. The second part is dedicated to populism and provides an opportunity to seek answers to the questions of why international trade is becoming such a sensitive and important political matter, and why populists have made free trade the main reason for political opposition to globalisation.

Suggested Citation

  • Marek Rewizorski, 2020. "Multilateralism in Peril? Murky Protectionism and the Populist Backlash Against Globalisation," Springer Books, in: Marek Rewizorski & Karina Jędrzejowska & Anna Wróbel (ed.), The Future of Global Economic Governance, pages 73-86, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-35336-0_6
    DOI: 10.1007/978-3-030-35336-0_6
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