De-globalization, International Trade Protectionism, and the Reconfigurations of Global Value Chains
通过分析2016至2020年174篇报纸文章，发现国际贸易保护主义扰乱全球价值链运作，使其易受未来政策风险影响，且对更全球化的行业伤害更大。
Abstract By presenting an investigation of the impact of international trade protectionism on the reconfigurations of the global value chains (GVCs), this paper challenges the perceived assumption of ongoing globalization and the free flow of goods and services. Building on the de-globalization and GVCs’ literature, we performed a historical content analysis on 174 articles from 2016 to 2020 published in leading and major national and international newspapers. Our findings suggest that international trade protectionism has altered the landscape of GVCs by causing widespread disruption to their functioning, thus making them prone to future external policy risks. Such disruption is having a varying impact on various industries, whereby it is causing greater harm to those industries that are more global in nature and thus rely on global suppliers. We draw implications of our findings for research and practice.