Research Programs: International Trade and Investment

Trade and Industrial Policies in a Complex World Economy

Project Leader/Sub-Leader


ISHIKAWA Jota (Faculty Fellow)



As globalization proceeds, the world economy is becoming more complex. While multilateral negotiations under the World Trade Organization (WTO) are stagnating, bilateral negotiations such as regional trade agreements and bilateral investment treaties remain dominant. Although tariffs were reduced, other trade costs have not necessarily fallen. Trade liberalization in services is slow relative to that in goods. Firms now engage in various cross-border transactions. In particular, we see various hybrid forms of organization and competition in which domestic and foreign firms cooperate in some phases of production and then compete in product markets. The objective of this research project is to explore trade and industrial policies in this complex world economy and obtain useful implications for economic growth.

May 28, 2013 - March 31, 2015

Major Research Results


RIETI Discussion Papers


RIETI Discussion Papers