Mapping Crisis-Era Protectionism in the Asia and Pacific Region
AbstractThis paper provides an account of the resort in recent years by governments in the Asia and Pacific region to discrimination against foreign commercial interests. As in previous systemic economic crises, policymakers altered the mix of discriminatory policies employed. This time around governments of higher income economies in the region frequently softened the budget constraints of firms, offering a range of financial incentives that went beyond high-profile bank sector bailouts. Meanwhile, many developing countries in the Asia and Pacific region relied more on traditional forms of protectionism. The result is a more fragmented set of markets in the Asia and Pacific region than before the crisis.
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Bibliographic InfoPaper provided by East Asian Bureau of Economic Research in its series Finance Working Papers with number 23851.
Date of creation: Nov 2013
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More information through EDIRC
the Asia and Pacific region; financial incentives; traditional forms of protectionism; Global Trade Alert Database; financial sector bailout;
Find related papers by JEL classification:
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-01-10 (All new papers)
- NEP-INT-2014-01-10 (International Trade)
- NEP-SEA-2014-01-10 (South East Asia)
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