Expanding the international trade and investment policy agenda: The role of cities and services
Expanding the international trade and investment policy agenda: The role of cities and services
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DOI：
10.1057/s42214-020-00053-x
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发表时间：
2020-07-06
影响因子：
7.9
通讯作者：
Shapiro D
中科院分区：
文献类型：
--
作者：
Côté C;Estrin S;Shapiro D
我们将探讨两个新的、重要的、相互关联的全球现象对公共政策的影响。首先，服务业，特别是创新驱动的数字和知识服务业，在外贸和跨国企业活动中的份额不断上升；第二，全球城市作为这些活动的举办地和东道主的作用日益重要。我们的框架区分了促进贸易和外国直接投资的国家经济政策（称为经济外交）和源自城市的类似政策（称为城市外交）。传统上，国家经济外交通常通过贸易协定和促进机构来促进商品贸易和投资，随着服务贸易变得越来越重要，我们将探讨这些工具的局限性。然而，我们也注意到，服务贸易，特别是创新驱动的服务贸易，集中在全球城市，并在它们之间进行贸易，通常是在跨国公司内部。我们的结论是，国家贸易和投资政策不能脱离创新和知识战略，而这些战略也不能脱离城市。我们强调，国家经济外交应与城市外交更好地结合起来。我们还讨论了向更强大的城市外交过渡可能对企业及其企业外交战略产生的影响。
We explore the public policy implications of two new, significant, and inter-related global phenomena. First, the rising share of services, particularly innovation-driven digital and knowledge-based services, in foreign trade and multinational enterprise activity; and second, the increasingly important role of global cities as home and hosts to these activities. Our framework distinguishes between national economic policies to promote trade and FDI, referred to as economic diplomacy, and comparable policies originating in cities, referred to as city diplomacy. National economic diplomacy has traditionally promoted trade and investment in goods, often through trade agreements and promotion agencies, and we explore the limitations of these tools as trade in services becomes more important. However, we also note that trade in services, particularly innovation-driven services, is concentrated in global cities, and traded between them, often within MNEs. We conclude that national policies on trade and investment cannot be divorced from innovation and knowledge strategies, and that these strategies cannot be divorced from cities. We emphasize that national economic diplomacy should be better aligned with city diplomacy. We also discuss how the transition to stronger city diplomacy may have consequences for firms and their strategies for corporate diplomacy.