Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008

Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008

This paper quantifies trade policy changes and the associated trade impacts for about 100 countries between 2008 and 2009. Results show that there has been no widespread increase in protectionism. Only a few countries, including Russia, Argentina, Turkey, and China, have increased tariffs on major i...

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Main Authors: Kee, Hiau Looi, Neagu, Cristina, Nicita, Alessandro
Format: Journal Article
Language:en_US
Published: MIT Press 2014
Subjects:
Overall Trade Restrictiveness Index
OTRI
antidumping duties
tariffs
protectionism
Online Access:http://hdl.handle.net/10986/16603
id okr-10986-16603
recordtype oai_dc
spelling okr-10986-166032021-04-23T14:03:31Z Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008 Kee, Hiau Looi Neagu, Cristina Nicita, Alessandro Overall Trade Restrictiveness Index OTRI antidumping duties tariffs protectionism This paper quantifies trade policy changes and the associated trade impacts for about 100 countries between 2008 and 2009. Results show that there has been no widespread increase in protectionism. Only a few countries, including Russia, Argentina, Turkey, and China, have increased tariffs on major imported products. The United States and the EU, by contrast, rely mainly on antidumping duties to shield domestic industries. Overall, while the rise in tariffs and antidumping duties may have jointly caused global trade to drop by US$43 billion, it explains less than 2% of the collapse in world trade during the crisis period. 2014-01-23T19:27:43Z 2014-01-23T19:27:43Z 2013-03 Journal Article Review of Economics and Statistics 1530-9142 http://hdl.handle.net/10986/16603 en_US http://creativecommons.org/licenses/by-nc-nd/3.0/igo CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank MIT Press Publications & Research Publications & Research :: Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic Overall Trade Restrictiveness Index
OTRI
antidumping duties
tariffs
protectionism
spellingShingle Overall Trade Restrictiveness Index
OTRI
antidumping duties
tariffs
protectionism
Kee, Hiau Looi
Neagu, Cristina
Nicita, Alessandro
Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description This paper quantifies trade policy changes and the associated trade impacts for about 100 countries between 2008 and 2009. Results show that there has been no widespread increase in protectionism. Only a few countries, including Russia, Argentina, Turkey, and China, have increased tariffs on major imported products. The United States and the EU, by contrast, rely mainly on antidumping duties to shield domestic industries. Overall, while the rise in tariffs and antidumping duties may have jointly caused global trade to drop by US$43 billion, it explains less than 2% of the collapse in world trade during the crisis period.
format Journal Article
author Kee, Hiau Looi
Neagu, Cristina
Nicita, Alessandro
author_facet Kee, Hiau Looi
Neagu, Cristina
Nicita, Alessandro
author_sort Kee, Hiau Looi
title Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008
title_short Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008
title_full Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008
title_fullStr Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008
title_full_unstemmed Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008
title_sort is protectionism on the rise? assessing national trade policies during the crisis of 2008
publisher MIT Press
publishDate 2014
url http://hdl.handle.net/10986/16603
_version_ 1764434258785468416

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