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A Shifting Mandate: International Ownership, Global Fragmentation, and a Case for Deeper Integration under the WTO

Published online by Cambridge University Press:  02 January 2015

EMILY J. BLANCHARD*
Affiliation:
Tuck School of Business at Dartmouth, Hanover

Abstract

This paper reviews several key implications of international investment and global supply chain fragmentation for the multilateral trading system. Based on existing economic research, I identify a two-fold challenge for policy makers: first, to leverage the trade-liberalizing potential of global fragmentation at the multilateral level; and, second, to counter the potential for opportunistic manipulation of behind-the-border policy instruments.

Type
Review Article
Copyright
Copyright © Emily J. Blanchard 2014 

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