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The Role of History in Bilateral Trade Flows

Eichengreen, Barry; Irwin, Douglas A. - 2021

This paper investigates the theory and evidence that history plays a role in shaping the direction of international trade. Because there are reasons to anticipate a positive correlation between the predominant direction of trade flows in the past and membership in preferential arrangements in...

Persistent link: https://www.econbiz.de/10013212584

Trade Blocs, Currency Blocs and the Disintegration of World Trade in the 1930s

Eichengreen, Barry; Irwin, Douglas A. - 2021

favorable nor unfavorable implication for world trade; instead the balance of trade-creating and trade-diverting effects …

Persistent link: https://www.econbiz.de/10013245718

Coping with Shocks and Shifts : The Multilateral Trading System in Historical Perspective

Irwin, Douglas A. - 2013

shifts. By shocks we mean sudden jolts to the world economy in the form of financial crises and deep recessions, or wars and …

Persistent link: https://www.econbiz.de/10013092123

Is Globalization Today Really Different than Globalization a Hunderd Years Ago?

Bordo, Michael D.; Eichengreen, Barry; Irwin, Douglas A. - 2021

for the United States but also with reference to the wider world. We establish the outlines of international integration a … century ago and analyze the institutional and informational impediments that prevented the late nineteenth century world from … achieving the same degree of integration as today. We conclude that the world today is different: commercial and financial …

Persistent link: https://www.econbiz.de/10013214589

Anticipating the Great Depression? Gustav Cassel's Analysis of the Interwar Gold Standard

Irwin, Douglas A. - 2011

The intellectual response to the Great Depression is often portrayed as a battle between the ideas of Friedrich Hayek and John Maynard Keynes. Yet both the Austrian and the Keynesian interpretations of the Depression were incomplete. Austrians could explain how a country might get into a...

Persistent link: https://www.econbiz.de/10013118250

Does Trade Raise Income? Evidence from the Twentieth Century

Irwin, Douglas A.; Terviö, Marko - 2021

pre- World War I, the interwar, and the post-war periods, this paper finds that the Frankel-Romer result is robust to …

Persistent link: https://www.econbiz.de/10013244732

Antebellum Tariff Politics : Coalition Formation and Shifting Regional Interests

Irwin, Douglas A. - 2021

Throughout U.S. history, import tariffs have been put on a sustained downward path in only two instances: from the early-1830s until the Civil War and from the mid-1930s to the present. This paper analyzes how the movement toward higher tariffs in the 1820s was reversed for the rest of the...

Persistent link: https://www.econbiz.de/10013237277

Trade Politics and the Semiconductor Industry

Irwin, Douglas A. - 2021

in all world markets and to help secure 20 percent of the Japanese semiconductor market for foreign firms within five …

Persistent link: https://www.econbiz.de/10013310555

The Slide to Protectionism in the Great Depression : Who Succumbed and Why?

Eichengreen, Barry - 2010

The Great Depression was marked by a severe outbreak of protectionist trade policies. But contrary to the presumption that all countries scrambled to raise trade barriers, there was substantial cross-country variation in the movement to protectionism. Specifically, countries that remained on the...

Persistent link: https://www.econbiz.de/10013152228

The Gatt's Starting Point : Tariff Levels Circa 1947

Bown, Chad P. - 2016

How high were import tariffs when GATT participants began negotiations to reduce them in 1947? Establishing this starting point is key to determining how successful the GATT has been in bringing down trade barriers. If the average tariff level was about 40 percent, as commonly reported, the...

Persistent link: https://www.econbiz.de/10013002771