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New Protectionism – Dangers for Free Trade

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  • Jasmin Katrin Gröschl

Abstract

In times of economic downturn a growing number of states are resorting to far-reaching protectionist measures. The implications of protectionism should not be underestimated: it restricts free trade on a lasting basis and constrains economic recovery. Unlike in the past, however, non-tariff measures (NTMs) are increasingly playing a decisive role. This new form of protectionism poses a serious threat to global free trade and the world economy.

Suggested Citation

  • Jasmin Katrin Gröschl, 2012. "New Protectionism – Dangers for Free Trade," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 65(15), pages 35-39, August.
    • Handle: RePEc:ces:ifosdt:v:65:y:2012:i:15:p:35-39
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    References listed on IDEAS

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    1. Felbermayr, Gabriel & Jung, Benjamin & Larch, Mario, 2013. "Optimal tariffs, retaliation, and the welfare loss from tariff wars in the Melitz model," Journal of International Economics, Elsevier, vol. 89(1), pages 13-25.
    2. Crivelli, Pramila & Gröschl, Jasmin, 2012. "SPS measures and trade: Implementation matters," WTO Staff Working Papers ERSD-2012-05, World Trade Organization (WTO), Economic Research and Statistics Division.
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    More about this item

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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