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

Author

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  • Evenett Simon J

    (University of St. Gallen and CEPR)

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.

Suggested Citation

  • Evenett Simon J, 2009. "What Can Be Learned From Crisis-Era Protectionism? An Initial Assessment," Business and Politics, De Gruyter, vol. 11(3), pages 1-28, November.
    • Handle: RePEc:bpj:buspol:v:11:y:2009:i:3:n:4
    DOI: 10.2202/1469-3569.1287
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    Cited by:

    1. Auboin, Marc & Borino, Floriana, 2017. "The falling elasticity of global trade to economic activity: Testing the demand channel," WTO Staff Working Papers ERSD-2017-09, World Trade Organization (WTO), Economic Research and Statistics Division.
    2. Olga Solleder, 2013. "Trade Effects of Export Taxes," IHEID Working Papers 08-2013, Economics Section, The Graduate Institute of International Studies.
    3. Fofana, Ismaël & Badiane, Ousmane & Camara, Alhassane & Goundan, Anatole, 2018. "Groundnut export tax in Senegal: Winners and losers," IFPRI discussion papers 1757, International Food Policy Research Institute (IFPRI).
    4. Chor, Davin & Manova, Kalina, 2012. "Off the cliff and back? Credit conditions and international trade during the global financial crisis," Journal of International Economics, Elsevier, vol. 87(1), pages 117-133.
    5. Oatley Thomas, 2010. "Real Exchange Rates and Trade Protectionism," Business and Politics, De Gruyter, vol. 12(2), pages 1-19, August.
    6. Patrick Messerlin, 2009. "The world trade regime, the WTO and large scale crises: Perspectives after the Pittsburg G20 Summit," Post-Print hal-01053280, HAL.
    7. Crafts, Nicholas, 2013. "Long-Term Growth in Europe: What Difference does the Crisis Make?," National Institute Economic Review, National Institute of Economic and Social Research, vol. 224, pages 14-28, May.
    8. Youssouf Kiendrebeogo, 2020. "How do banking crises affect bilateral exports?," Empirical Economics, Springer, vol. 58(3), pages 1431-1459, March.
    9. Nicholas Crafts & Peter Fearon, 2010. "Lessons from the 1930s Great Depression," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 26(3), pages 285-317, Autumn.
    10. Chauvin, Nicolas Depetris & Ramos, Maria Priscila, 2013. "The welfare effect of the new wave of protectionism: The case of Argentina," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 151626, Agricultural and Applied Economics Association.
    11. Shingal, Anirudh, 2013. ""New" econometric evidence for the Baldwin-Richardson (1972)/Miyagiwa (1991) theoretical predictions in government procurement," MPRA Paper 49138, University Library of Munich, Germany.
    12. repec:spo:wpecon:info:hdl:2441/5l6uh8ogmqildh09h2q4n8g45 is not listed on IDEAS
    13. Behrens, Christoph, 2020. "German trade forecasts since 1970: An evaluation using the panel dimension," Working Papers 26, German Research Foundation's Priority Programme 1859 "Experience and Expectation. Historical Foundations of Economic Behaviour", Humboldt University Berlin.
    14. Gawande, Kishore & Hoekman, Bernard & Cui, Yue, 2011. "Determinants of trade policy responses to the 2008 financial crisis," Policy Research Working Paper Series 5862, The World Bank.
    15. Marc Auboin & Floriana Borino, 2018. "The Falling Elasticity of Global Trade to Economic Activity: Testing the Demand Channel," CESifo Working Paper Series 7228, CESifo.
    16. Alper Yilmaz, 2022. "Intra-BRICS Trade: A Panel Data Analysis with Structural Breaks," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 72(72-2), pages 653-687, December.
    17. Andrea Goldstein & Alessia Amighini & Bernard Hoekman, 2016. "Revitalizing the Global Trading System: What Could the G20 Do?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 24(4), pages 34-54, July.
    18. Peter A.G. van Bergeijk, 2010. "On the Brink of Deglobalization," Books, Edward Elgar Publishing, number 14122.
    19. Patrick Messerlin, 2009. "The world trade regime, the WTO and large scale crises: Perspectives after the Pittsburg G20 Summit," SciencePo Working papers Main hal-01053280, HAL.
    20. repec:hal:spmain:info:hdl:2441/5l6uh8ogmqildh09h2q4n8g45 is not listed on IDEAS
    21. repec:hal:wpspec:info:hdl:2441/5l6uh8ogmqildh09h2q4n8g45 is not listed on IDEAS
    22. repec:spo:wpmain:info:hdl:2441/5l6uh8ogmqildh09h2q4n8g45 is not listed on IDEAS

    More about this item

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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