Have a personal or library account? Click to login
Protect Imports, Rebalance Exports: The Future of Extra-EU Trade Cover

Protect Imports, Rebalance Exports: The Future of Extra-EU Trade

Open Access
|Feb 2026

References

  1. Arend, T., Mourougane, A., & Schmidt, J. (2024). Insights on engagement in global value chains in 2023 [Blog post]. OECD Statistics.
  2. Baldwin, R. (1990). Hysteresis in trade. Empirical Economics, 15, 127–142. Benigno, G. (2026). Tariffs as national security tools: Rethinking comparative advantage and framing national security. The Central Banks ’ Watcher.
  3. Bertaut, C., von Beschwitz, B., & Curcuru, S. (2025). The international role of the U.S. dollar – 2025 edition (FEDS Notes). Board of Governors of the Federal Reserve System.
  4. Comin, D., Johnson, R. C., & Jones, C. (2023). Supply chain constraints and inflation. Finance and Economics Discussion Series, 2023-075. Board of Governors of the Federal Reserve System.
  5. Demertzis, M. (2024). Trade at the Heart of the EU’s Economic Security. Intereconomics, 59(6), 313–318.
  6. Demertzis, M., Fiorito, A., & Panitsas, K. (2025). Strategic autonomy and European competitiveness: Security now comes first (Study commissioned by the ECON Committee, European Parliament). European Parliament.
  7. Demertzis, M., & Panitsas, K. (2025). Global economic outlook 2026: Euro area edition – Reform setbacks and labor gaps to persist, limiting long-term growth. The Conference Board.
  8. Draghi, M. (2024). The future of European competitiveness: In-depth analysis and recommendations. European Commission.
  9. Evenett, S. J., Jakubik, A., Martín, F., and Ruta, M. (2024). The return of industrial policy in data. IMF Working Paper, 2024/001.
  10. European Commission. (2021, February 18). Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions. Trade Policy Review – An Open, Sustainable and Assertive Trade Policy, COM(2021) 66 final.
  11. European Commission. (2024, October 29). EU imposes duties on unfairly subsidised electric vehicles from China while discussions on price undertakings continue Brussels [Press release].
  12. Finck, D., Klein, M., & Tillmann, P. (2024). The inflationary effects of global supply chain shocks: Evidence from Swedish microdata [Manuscript]. Friedman, M., & Friedman, R. (1997). The case for free trade. Hoover Digest.
  13. Garcia Bercero, I., & Poitiers, N. (2025, December). From strategy to doctrine: The next steps for European economic security. Policy Brief, No. 32/2025.
  14. Gordon, M., & Clark, T. (2023, May 10). The impacts of supply chain disruptions on inflation. Economic Commentary, No. 2023-08. Federal Reserve Bank of Cleveland.
  15. Kristeri, T., Linnainmäki, J., Holmgren, M., & Wigell, M. (2025, July). Preparedness for geoeconomic risks: Finnish security of supply in the age of new great power competition (Research Paper No. 3). Finnish Institute of International Affairs.
  16. Krugman, P. (1993). What do undergrads need to know about trade? American Economic Review, 83(2), 23–26.
  17. Krugman, P. (1994, March 1). Competitiveness: A dangerous obsession. Foreign Affairs.
  18. Roberts, M. J., & Tybout, J. R. (1995). An empirical model of sunk costs and the decision to export. Policy Research Working Paper, No. 1436. The World Bank.
DOI: https://doi.org/10.2478/ie-2026-0007 | Journal eISSN: 1613-964X | Journal ISSN: 0020-5346
Language: English
Page range: 30 - 35
Published on: Feb 21, 2026
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year
Keywords:

© 2026 Maria Demertzis, Alejandro Fiorito, published by ZBW – Leibniz-Informationszentrum Wirtschaft
This work is licensed under the Creative Commons Attribution 4.0 License.