Risk perceptions, anxiety and the future of international trade: a cross-national study of public trade preferences in Asia under COVID-19

被引:1
作者
Or, Nick H. K. [1 ]
Cheng, Edmund W. [1 ]
Yue, Ricci P. H. [2 ]
Yuen, Samson W. H. [3 ]
机构
[1] City Univ Hong Kong, Ctr Publ Affairs & Law, Kowloon, Hong Kong, Peoples R China
[2] Univ Hong Kong, Dept Geog, Pokfulam, Hong Kong, Peoples R China
[3] Hong Kong Baptist Univ, Dept Govt & Int Studies, Kowloon, Hong Kong, Peoples R China
关键词
Asia; COVID-19; pandemic; economic globalization; risk perception; trade attitudes; SUPPORT; TRUST; IMPACT;
D O I
10.1080/17457289.2021.1924732
中图分类号
D0 [政治学、政治理论];
学科分类号
0302 ; 030201 ;
摘要
The COVID-19 pandemic has stalled the world's economic activities and obscures the future of economic and trade. Many observers concern that the pandemic would result in growing protectionist attitudes in trade. This article provides one of the first systematic assessments to examine the impact of the COVID-19 pandemic on the public's trade preferences. Using original cross-national surveys in six key and highly integrated economies in Asia - Hong Kong, Japan, Singapore, South Korea, Taiwan, and Thailand - we found that most people support establishing closer trade relationships with foreign countries. However, most people prefer to buy more domestic products than foreign products. We test a behavioural model of trade preferences to understand the psychological impacts of COVID-19 pandemic. Consistent with prior studies, we found that a greater level of anxiety is negatively associated with support for trade and foreign product preference, after controlling for the effects of ethnocentrism, education and other socioeconomic factors. Job and health insecurities reduced public preference for buying more foreign products, but it stimulated more support for trade with other countries. This study contributes to the behavioural theory of international political economy and sheds light on the future of economic globalization.
引用
收藏
页码:26 / 40
页数:15
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