"Economic Nationalism: US Trade Policy vs. Brexit

Jointly authored with Steve McCorriston (University of Exeter), this paper examines the common causes of populism and economic nationalism in the US and UK, focusing on the "China shock".  The key difference in the policy response of the two countries is that the US has become more protectionist, while the UK seeks new free trade agreements following Brexit.  However, both policy choices are costly, with implications for economic integration.  

Authors: 
Publication type: 
Working paper
Date published: 
Monday, September 9, 2019