This book provides an analysis of the global trading system and its
implications. The author uses network theory to examine the
sustainability of the free trade system and its future. The book
attempts to find out what the future of free trade could be and how
the global trading system would unfold. The book assesses four main
waves of challenges to free trade and open society: the COVID-19
pandemic, the US-China trade war, economic nationalism, and the
Fourth Industrial Revolution. While some of these challenges have
been casting their shadows on the global economic system for some
time, others are relatively novel, and their full effects are yet
to be seen. This book also looks at the challenges they would
present to multilateralism and global trade development. This book
will interest those who wish to have a better understanding of the
US-China trade war and the challenges to the global trading system.
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