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来源类型 | Paper |
规范类型 | 工作论文 |
Is Protectionism Dying? | |
Uri Dadush; Shimelse Ali; Rachel Esplin Odell | |
发表日期 | 2011-05-26 |
出版年 | 2011 |
语种 | 英语 |
概述 | Although World Trade Organization policies helped limit the increase in protectionist measures during the recent financial crisis, a mutually reinforcing set of legal and structural changes in the world economy played a larger role in keeping global markets open. |
摘要 | Despite a limited increase in the incidence of protectionist measures during the recent financial and economic crisis, the effects on global trade appear small—the world, remarkably, did not resort to protectionism. In addition to the concerted stimulus measures, financial rescues, and the strengthening of lender-of-last-resort facilities that restricted the duration and depth of the economic downturn, the World Trade Organization’s disciplines, enforceable through its dispute settlement mechanism, no doubt played an important role in staving off trade protection. But this is only one part of the story. The increased resistance to protectionism is the result of a complex, mutually reinforcing set of legal and structural changes in the world economy that have made a return to protection more costly and disruptive and have established new vested interests in open markets. These changes include:
In addition to good macroeconomic and social policies that limit the impact of economic downturns, ensuring an open and predictable trade policy requires a more realistic approach to trade negotiation that embraces plurilateral, bilateral, and regional processes. This, in turn, will maintain the momentum of change, creating more “facts on the ground.” For the World Trade Organization to remain relevant, it must view itself as the facilitator of all these processes and not exclusively as a forum for the exchange of multilateral concessions. Domestic mechanisms that require trade protection proposals to be examined transparently by broad constituencies will further guarantee a predictable trading regime. In an interconnected world, increased attention to trade facilitation is also needed to lower trade costs and consolidate the vested interest in and support for trade. These steps together will help to foster a liberal trading environment and prevent a future recourse to protectionism. |
主题 | Economy ; Economic Instability ; Global Trade |
URL | https://carnegieendowment.org/2011/05/26/is-protectionism-dying-pub-44209 |
来源智库 | Carnegie Endowment for International Peace (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/417833 |
推荐引用方式 GB/T 7714 | Uri Dadush,Shimelse Ali,Rachel Esplin Odell. Is Protectionism Dying?. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
is_protectionism_dyi(2572KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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