Trade Uncertainty: Possible Consequences of the Trade Wars for Russia and the World
Protectionism – the New Norm of International Trade A side effect of any trade war is protectionism, which is particularly pronounced during a period of structural transformation or the transition to a new stage of development in economic competition. And we are not just talking about economic transformations here, but also social transformations – imbalances in the economy lead to social disruptions and failures on the labour market, and the national or supranational government must respond to...
06.08.2018