Can a Complicated “Consensus” Survive a Dose of Populist Poison? Exploring the Potential Impact of Brexit and Trumpism on the Developed Country Approach to Trade Law and Policy
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Sean Stacy
Abstract
Among wealthier, so-called “developed” nations, a consistent and shared policy orientation on trade has generally prevailed over the last three quarters of a century. This consensus has been hallmarked by the promotion of freer trade facilitated by a state-centric, rules-based legal system. While most wealthy countries appear to desire a continued fidelity to that policy orthodoxy, the United Kingdom’s (UK’s) ‘Brexit’ decision and the United States’ (US’) increasingly antagonistic stance toward World Trade Organization (WTO) dispute settlement beg the question as to whether fissures in the consensus are forming. This paper examines the depth of the perceived consensus and the degree to which US and UK actions signify a turning point. As part of this examination, populism’s role in promoting change in the US, UK and beyond, is explored.
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© 2021 Walter de Gruyter GmbH, Berlin/Boston
Artikel in diesem Heft
- Frontmatter
- Introduction
- Introduction: Law and Development in High-Income Countries
- Role of State, Law, Institutions for Economic Development
- Law and Development in the United States
- The Rule of Law and Its Social Reception as Determinants of Economic Development: A Comparative Analysis of Germany and Poland
- Are OECD Countries in a Rule of Law Recession?
- International Financial Centers as a Model: Facilitating Growth and Development by Connecting to International Legal Frameworks
- Migration, Poverty, the Role of State, (International) Law and Development in the Industrialised Countries of Europe
- Poverty and Inequality in High Income Countries and the Role of Law
- The Role of Law in Addressing Poverty and Inequality in High Income Countries: A Comparative View of Menstrual Hygiene Management and Its Impact on Education and Health in the UK and Select High Income Sub-Saharan African Countries
- International Cooperation Without Just Distributions? Beginning to Map the Role of Rising Economic Inequality in the Formation and Evolution of and Adherence to International Law
- Justice, Corruption, and Social Responsibility
- Toward Aligning with International Gender Goals? Analysis of the Gender Equality Landscape in Japan under the Laws on Women’s Economic and Political Participation and Leadership
- APUNCAC: An International Convention to Fight Corruption, Money Laundering, and Terrorist Financing
- “Unlocking Legal Gridlock in High-Income Countries: How Excessive Litigation Hampers Growth and Harms Democracy”
- International Trade Law, WTO, and Rising Issues
- Can a Complicated “Consensus” Survive a Dose of Populist Poison? Exploring the Potential Impact of Brexit and Trumpism on the Developed Country Approach to Trade Law and Policy
- Universities as Engines of Development
- The Courts and Corporate Executive Compensation in Canada
Artikel in diesem Heft
- Frontmatter
- Introduction
- Introduction: Law and Development in High-Income Countries
- Role of State, Law, Institutions for Economic Development
- Law and Development in the United States
- The Rule of Law and Its Social Reception as Determinants of Economic Development: A Comparative Analysis of Germany and Poland
- Are OECD Countries in a Rule of Law Recession?
- International Financial Centers as a Model: Facilitating Growth and Development by Connecting to International Legal Frameworks
- Migration, Poverty, the Role of State, (International) Law and Development in the Industrialised Countries of Europe
- Poverty and Inequality in High Income Countries and the Role of Law
- The Role of Law in Addressing Poverty and Inequality in High Income Countries: A Comparative View of Menstrual Hygiene Management and Its Impact on Education and Health in the UK and Select High Income Sub-Saharan African Countries
- International Cooperation Without Just Distributions? Beginning to Map the Role of Rising Economic Inequality in the Formation and Evolution of and Adherence to International Law
- Justice, Corruption, and Social Responsibility
- Toward Aligning with International Gender Goals? Analysis of the Gender Equality Landscape in Japan under the Laws on Women’s Economic and Political Participation and Leadership
- APUNCAC: An International Convention to Fight Corruption, Money Laundering, and Terrorist Financing
- “Unlocking Legal Gridlock in High-Income Countries: How Excessive Litigation Hampers Growth and Harms Democracy”
- International Trade Law, WTO, and Rising Issues
- Can a Complicated “Consensus” Survive a Dose of Populist Poison? Exploring the Potential Impact of Brexit and Trumpism on the Developed Country Approach to Trade Law and Policy
- Universities as Engines of Development
- The Courts and Corporate Executive Compensation in Canada
