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 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.
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| Format: | Journal Article biblioteca |
| Language: | en_US |
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MIT Press
2013-03
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| Subjects: | Overall Trade Restrictiveness Index, OTRI, antidumping duties, tariffs, protectionism, |
| Online Access: | http://hdl.handle.net/10986/16603 |
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dig-okr-10986166032021-04-23T14:03:31Z 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 |
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Biblioteca del Banco Mundial |
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en_US |
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Overall Trade Restrictiveness Index OTRI antidumping duties tariffs protectionism Overall Trade Restrictiveness Index OTRI antidumping duties tariffs protectionism |
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Overall Trade Restrictiveness Index OTRI antidumping duties tariffs protectionism 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 |
| 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 |
| topic_facet |
Overall Trade Restrictiveness Index OTRI antidumping duties tariffs protectionism |
| 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 |
2013-03 |
| url |
http://hdl.handle.net/10986/16603 |
| work_keys_str_mv |
AT keehiaulooi isprotectionismontheriseassessingnationaltradepoliciesduringthecrisisof2008 AT neagucristina isprotectionismontheriseassessingnationaltradepoliciesduringthecrisisof2008 AT nicitaalessandro isprotectionismontheriseassessingnationaltradepoliciesduringthecrisisof2008 |
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