issues in the past, has outlived its usefulness. The transition to a more power-based order can be felt around the world … defensive and offensive strategies. The Kiel Institute for the World Economy, together with DIW Berlin and Bruegel, has produced …

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a "cornersolutions- version"of the gravity model to …

, protectionism, and globalization. We find that preferences for open-market trade policies cannot be sufficiently explained by …-suited predictors for the substantial cross-regional variation in the support for globalization. Country specific narratives are …