The topic is discussing the current crisis within the global political economy, specifically focusing on the “multilateralist” approach to global interactions. The perspective presented in the topic suggests that this crisis could be seen as an opportunity for positive change. It argues that fundamental reform is necessary to bring about fairness and equity in terms of global trade and development. The implication is that the existing multilateral approach to global affairs has shortcomings that have led to an imbalance in trade and development, and addressing these issues through reform is crucial to achieving a more just global economic system.
Discuss:
The crisis I choose to focus on is the international trade and protectionalism
How is this crisis to be viewed? (how has is created financial disparities between major countries) (US, EU, China, UK)
What is the concept of international economic constitution and is it possible to legitimate it to allow more regulation within the international global political economy?
How can trade war and protectionism be seen in a positive light? Create positive change in the world? Increase national trade?
Can an IEC be created as a fundamental reform to bring faiirness and equity
How is the trade wars and protectionism crisis creating an imbalance? How could it possibly be balanced?
Please use 3 or the following resources: