The promise and threat of free trade in a globalizing economy: a European perspective

PETERSSON, Niels P. (2015). The promise and threat of free trade in a globalizing economy: a European perspective. In: HIPPLER, Thomas and VEC, Milos, (eds.) Paradoxes of peace in Nineteenth Century Europe. Oxford, Oxford University Press, 92-110.

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Abstract

This chapter discusses historical as well as current theories linking free trade and peace, concluding that it has so far been difficult to substantiate a systematic link between the two. Moving from theory to historical examples, the chapter then considers ambivalent connections between free trade and peace, such as mid-century ‘imperialism of free trade’, the political economy of protectionist ‘backlashes’ against economic globalization from the 1880s and turn-of-century ideas on the interplay between state power and trade in an age of nationalism and ‘territoriality’. The conclusion addresses the tension between geopolitics and international law and discusses how this tension relates to different conceptions of states, markets, and their interrelationship.

Item Type: Book Section
Research Institute, Centre or Group - Does NOT include content added after October 2018: Humanities Research Centre
Page Range: 92-110
Depositing User: Niels Petersson
Date Deposited: 21 May 2015 15:50
Last Modified: 17 Mar 2021 16:16
URI: https://shura.shu.ac.uk/id/eprint/9769

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