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

Kee, Hiau Looi ; Neagu, Cristina ; Nicita, Alessandro

MIT Press

关键词: Overall Trade Restrictiveness Index;    OTRI;    antidumping duties;    tariffs;    protectionism;   

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

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.