{"title":"Exogenous Shocks And The Dynamics Between Geopolitics And Global Trade","authors":"June B. Doornich, Pål Andreas Pedersen","doi":"10.54648/trad2024018","DOIUrl":null,"url":null,"abstract":"In this study, we seek to uncover how exogenous shocks shape the dynamics between geopolitics and global trade. By using coupling theory, we propose that the intricate interplay between politics and trade can occur with different nuances and degrees of coupling. We introduce four different situations of coupling, based on historical shocks. We also propose a new form of coupling, that we label as semi-coupling that can occur from shocks such as the COVID-pandemic, and possible future large climate disasters or migration flows.\nGlobal trade, geopolitics, coupling theory, exogenous shocks, COVID-pandemic","PeriodicalId":46019,"journal":{"name":"Journal of World Trade","volume":null,"pages":null},"PeriodicalIF":1.1000,"publicationDate":"2024-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of World Trade","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.54648/trad2024018","RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
In this study, we seek to uncover how exogenous shocks shape the dynamics between geopolitics and global trade. By using coupling theory, we propose that the intricate interplay between politics and trade can occur with different nuances and degrees of coupling. We introduce four different situations of coupling, based on historical shocks. We also propose a new form of coupling, that we label as semi-coupling that can occur from shocks such as the COVID-pandemic, and possible future large climate disasters or migration flows.
Global trade, geopolitics, coupling theory, exogenous shocks, COVID-pandemic
期刊介绍：
Far and away the most thought-provoking and informative journal in its field, the Journal of World Trade sets the agenda for both scholarship and policy initiatives in this most critical area of international relations. It is the only journal which deals authoritatively with the most crucial issues affecting world trade today.
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