Crisis-era protectionism and the multilateral governance of trade: an assessment
AbstractThis paper examines the multilateral governance of trade along with the prospects for its meaningful reform, in the light of recent, crisis-era discrimination against the many types of cross-border commerce. Prior episodes of protectionism provide a useful benchmark. The findings are not optimistic. The current set of multilateral rules is incomplete, has weak incentives for compliance, and can be readily circumvented. Only a far-reaching revision of these rules could induce more restraint. Copyright 2012, Oxford University Press.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Oxford Review Of Economic Policy.
Volume (Year): 28 (2012)
Issue (Month): 2 (SUMMER)
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