Monografia CIDOB nº 79
Geopolitical and geoeconomic changes are destabilising the global trading system. China’s assertiveness, its rivalry with the US, WTO reform and EU strategic autonomy are all current political debates with major economic implications. Local economies depend on global value chains and the Metropolitan Area of Barcelona is no exception. Economic growth and internationalisation depend on the stability of the global trading system, and the coronavirus pandemic has accelerated the impact of these long-term changes. This monograph identifies the opportunities and challenges facing the world economy and how they can impact the economy of Barcelona and its metropolitan area. It consists of two parts, the first analyses the impact of global and European value chains from a local perspective, while the second looks at the main sources of instability for international trade resulting from geopolitical changes and the consequences of COVID-19.
Keywords: global trade; geopolitics; world geoeconomics; Covid-19; economic growth; China; U.S; Spain; EU; WTO; Latin America; Caribbean
Patricia García-Durán Huet and Eloi Serrano Robles
PART I: THE IMPACT OF GLOBAL AND EUROPEAN VALUE CHAINS ON COMPANIES AND LOGISTICS: A PERSPECTIVE FROM BARCELONA
Disrupted global value chains and geopolitical shifts
Jordi Bacaria Colom
Spanish multinationals face an uncertain future
Value chains and trade in Barcelona. A historical view and a proposal for the future
Paloma Fernández Pérez
Geopolitics and foreign trade: An economic–territorial view of the metropolis of Barcelona. A fundamental mutation
Joan Trullén and Vittorio Galletto
PART II: THE EFFECTS OF GEOPOLITICAL CHANGES ON TRADE AND INTERNATIONAL SUPPLY CHAINS
Technological revolution and international trade 4.0
China and the European Union: From strategic partners to systemic rivals
Can the transatlantic relationship be redirected?
Marc Ibáñez Díaz
Reforming a World Trade Organization in crisis: mission impossible?
Xavier Fernández Pons
Trade and geopolitics: Where is European Union trade policy headed?
Ignacio García Bercero and Iciar Chávarri Ureta