Free Trade Agreements and Globalisation In the Shadow of Brexit and

This book analyses the fast spread of free trade agreements (FTAs) across the globe, their content and their economic impact. In the wake of Brexit and the new protectionism of President Trump, Melchior offers a timely assessment of key issues relating to

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Arne Melchior

Free Trade Agreements and Globalisation

Arne Melchior

Free Trade Agreements and Globalisation In the Shadow of Brexit and Trump

Arne Melchior Norwegian Institute of International Affairs Oslo, Norway

ISBN 978-3-319-92833-3    ISBN 978-3-319-92834-0 (eBook) https://doi.org/10.1007/978-3-319-92834-0 Library of Congress Control Number: 2018946237 © The Editor(s) (if applicable) and The Author(s) 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: Sandema / Alamy Stock Photo Printed on acid-free paper This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

Acknowledgements

Main parts of this book were written as contributions to the research project “Europe in transition—small states in an age of global shifts (EUNOR)”, funded by the Research Council of Norway (project no. 238017) during 2014–2017. The model presented in Chap. 6 and Appendix B was partly developed as part of the research project “Trade Integration, Geopolitics and the Economy of Russia (TIGER)”, funded by the Research Council of Norway during 2013–2016 (project no. 228244). I would like to gratefully acknowledge the financial support provided by the Research Council of Norway. I thank Natalia Turdyeva and other TIGER projects’ participants for useful feedback when the preliminary material was presented at a project workshop at Centre for Economic and Financial Research (CEFIR), Moscow (21 April 2016). I also thank Natalia Turdyeva and Roman Vakulchuk for guidance in accessing regional data for Russia and Kazakhstan, respectively, and Sergei Golovan for useful advice on aspects of MATLAB programming. Parts of the material included in the book were also presented at seminars during 2017 at the University of Os