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Post-crisis Protectionism in the Region

In: Asia-Pacific Trade and Investment Report 2011: Post-crisis trade and investment opportunities

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  • United Nations ESCAP

    (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP))

Abstract

At the start of the global economic crisis in 2008/2009, there was a real fear that the sharp collapse in exports and production in many countries would lead to a repeat of the damaging trade wars in the 1930s. Fortunately, such a trade war, using tariffs as the principal protectionist tool, did not happen, although protectionism using other tools has increase. Contemporary or crisis-era protectionism is dominated by behind-the-border measures such as bailout, state aids and export subsidies rather than tariffs.

Suggested Citation

  • United Nations ESCAP, 2011. "Post-crisis Protectionism in the Region," STUDIES IN TRADE AND INVESTMENT, in: United Nations ESCAP (ed.), Asia-Pacific Trade and Investment Report 2011: Post-crisis trade and investment opportunities, chapter 3, pages 33-43, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    • Handle: RePEc:unt:ecchap:aptir2596_chap3
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    More about this item

    Keywords

    protectionism; multilateral trading system; export; post-crisis; tariff; Asia; Pacific; behind-the-border; trade policy;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

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