title: International economic policy – theory and practice
abstract: International economic policy centred mainly, but not exclusively, around international trade in goods and services, and international migration of factors of production has long ago confirmed the unreliability and inadequacy of both parts of classical and neoclassical theories in international trade or economic policy. The specific events triggered by the 2008 global financial crisis, the US–China trade tensions and geo-economic war, the COVID-19 pandemic, the worldwide challenges of inflation 