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What Can Be Learned From Crisis-Era Protectionism? An Initial Assessment

Published online by Cambridge University Press:  20 January 2017

Simon J. Evenett
Simon J. Evenett*
Affiliation:
University of St. Gallen and CEPR
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Abstract

Drawing upon a comprehensive database of contemporary protectionism, this paper offers an initial assessment of the extent to which our understanding of protectionism may have to evolve. While some long-standing features of protectionism appear to have endured (such as the distribution of discriminatory measures across economic sectors), specific corporate needs arising from the global financial crisis and particular national attributes are more likely to have influenced the choice of beggar-thy-neighbor policy instruments than binding trade rules and other international accords.

Keywords

protectionismeconomic crisisdiscrimination
Type
Article
Information
Business and Politics , Volume 11 , Issue 3 , October 2009 , pp. 1 - 26
Copyright
Copyright © V.K. Aggarwal 2009 and published under exclusive license to Cambridge University Press 

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References

Aggarwal and Evenett (2009). Aggarwal, Vinod K. and Evenett, Simon J. “Have Long-Established Patterns of Protectionism Changed During The Crisis? A Sectoral Perspective.” In Evenett, Simon J. (ed.) Broken Promises: A G-20 Summit Report by Global Trade Alert. Centre for Economic Policy Research: London.Google Scholar
Baldwin and Evenett (2009). Baldwin, Richard E. and Evenett, Simon J. The collapse of global trade, murky protectionism, and the crisis: Recommendations for the G20. A Vox EU publication: London.Google Scholar
Eichengreen and Irwin (2009). Eichengreen, Barry and Irwin, Douglas A. “The Slide To Protectionism In The Great Depression: Who Succumbed and Why?” NBER working paper number 15142, July 2009. Boston, Massachusetts.Google Scholar