Trade, geopolitics, and environment

Rafael Leal-Arcas ,Abdulaziz Alsheikh ,Joud Maqtoush ,Norah Althunayan ,Hemily Dal Berto ,Leena Alsayyed ,Noora Aldughaither ,Asiyah Bashiti ,Basmah Afaneh

doi:10.24294/jipd.v8i7.5114

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Trade, geopolitics, and environment

Rafael Leal-Arcas

Abdulaziz Alsheikh

Joud Maqtoush

Norah Althunayan

Hemily Dal Berto

Leena Alsayyed

Noora Aldughaither

Asiyah Bashiti

Basmah Afaneh

Journal of Infrastructure Policy and Development 2024, 8(7), 5114; https://doi.org/10.24294/jipd.v8i7.5114

Submitted：08 Mar 2024

Accepted：24 Apr 2024

Published：01 Aug 2024

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Abstract

The convergence of multifaceted global challenges encompassing the rise of populism, Brexit, the climate crisis, the COVID-19 pandemic, and the Russian invasion of Ukraine has catalyzed a profound reassessment of international trade policies. This article critically examines the intricate linkages between these challenges and their profound implications for the contemporary international trading system. Traditionally, globalization debates in the 1990s underscored the social and environmental dimensions of trade, yet the current landscape reveals an undeniable entwining of societal implications with trade policies. This article delves into the interconnectedness of these global challenges with trade, evaluating how each phenomenon influences and reshapes policy discourse. In particular, the rise of populism and its attendant protectionist sentiments have engendered a reevaluation of trade relationships and multilateral agreements. The seismic geopolitical event of Brexit has disrupted regional trade dynamics, signaling a paradigm shift in established trade blocs. Simultaneously, the imperatives of addressing the escalating climate crisis have spotlighted the necessity for trade policies to align with environmental sustainability goals. The COVID-19 pandemic, acting as a disruptor on a global scale, has accentuated vulnerabilities within supply chains, emphasizing the need for resilience and adaptability in trade frameworks. Additionally, the Russian invasion of Ukraine has introduced geopolitical tensions that further complicate the trade-policy landscape. By critically evaluating these intersecting challenges, this article delineates the evolving nature of trade policies and their inextricable relationship with societal and geopolitical realities. It underscores the imperative for a holistic approach in policy formulation that integrates social, environmental, and geopolitical considerations, acknowledging the integral role of trade policies in addressing contemporary global challenges.

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References

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