International Trade Policy and Economic Crisis

Abstract

In this research work, Author focus on the analysis of the international trade policy in the end of the first decade of the XXI century which have been strongly affected by the force of the economic crisis. Realistic point is important trends in the global trade regime during the economic crisis. The decisions taken by the representatives of the governments participating in the World Trade Organisation (WTO) are, to a significant degree, influenced by various lobbies, such as organisations and unions of food producers or other non-governmental organisations, including trade unions.. The main objective of the research task is to give a comprehensive analysis of the international trade policy during the world financial and economic crisis 2008-2010. The particulary mains concerne the political economy models of foreign trade policy, protectionistic pressures in different political system, the level of protectionistic pressures, food producer pressures, international trade liberalization and environmental protection and bilateral tendencies in the contemporary foreign trade policy. It must be emphasis that on a theoretical level, understanding the choice of trade policies between liberalizm and protectionisme is very important. Despite the undeniable benefits of the multilateral WTO forum for trade liberalisation, the rapid increase of North-South bilateral and multilateral Free Trade Areas (FTAs) begs a systematic explanation for why some forums are prioritized relative to others.
Keywords: Bilateral tendencies, Economic crisis, Environmental protection, Food producers, Level of pressures, Protectionistic pressures, Trade liberalisation, Trade policy.