Liberalisation, integration, globalization and the afirmation of protectionism?

Project leader: Prof. Igor Cvečić, PhD - EFRI
 
 
Members of the project team
Prof. Alen Host, PhD - EFRI
Prof. Vinko Zaninović, PhD - EFRI
Prof. Marko Tomljanović, PhD - EFRI
 

Postdoctoral Research Assistants
Dražen Laštro - PhD student EFRI
Fidan Begolli - PhD student EFRI


Summary

Liberalization, integration and globalization are interrelated processes that greatly influence the dynamics of the world economy and the international trade flows. Globalization developments have also resulted in the reorientation of protectionist measures (new protectionism), which include measures not solely of economic nature, but are introduced to preserve the global position of key actors. The main objective of the research is to, by  presenting the main theoretical concepts of international trade and the modes of its restriction, the analysis of world trade flows (commodity markets and other markets) and the achievemetns and policies of the most important participants in international trade, as well as by identifying and analyzing key trade agreements, to determine the prospects for future development of world trade, including the prospects of the affirmation of the 'New protectionism'.
The research aims to prove the basic scientific hypothesis: scientifically based knowledge of determinants and effects of international trade, and the analysis of trade flows and agreements, particularly through the comparison of the results and repercussions of market liberalization and protectionist measures, it is possible to determine the potential significant consequences of implementing these opposing concepts on the entire world trade and economic development of individual countries. The conducted research will increase the overall knowledge and awareness of the scientific and general public about the challenges and opportunities of global trade, possibilities offered by liberalization and the threats of growing protectionism.

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