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Too early to cry wolf

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  • Patrick Messerlin

    (Département d'économie (ECON))

Abstract

The WTO used the term significant slippage to qualify changes in protection during Fall 2008 and Winter 2009. Most newspapers translated these terms into rise of protectionism. Evoking such a rise is premature. It is crucial to address this statement because it offers a huge tactical advantage to protectionist interests. First, it makes it much more difficult for governments to push for more liberalization when everybody else is allegedly busy raising protection. Second, since nothing bad will flow from such a rise of protection (since there is none) protectionist lobbies can claim that raising protection does not have the dire effects that economists predict, and they will quickly ask for more protection (...).

Suggested Citation

  • Patrick Messerlin, 2009. "Too early to cry wolf," Sciences Po publications info:hdl:2441/5l6uh8ogmqi, Sciences Po.
    • Handle: RePEc:spo:wpmain:info:hdl:2441/5l6uh8ogmqildh09h2q4h0h8h
    as

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    References listed on IDEAS

    as
    1. Irwin,Douglas A. & Mavroidis,Petros C. & Sykes,Alan O., 2008. "The Genesis of the GATT," Cambridge Books, Cambridge University Press, number 9780521515610.
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    4. Irwin,Douglas A. & Mavroidis,Petros C. & Sykes,Alan O., 2009. "The Genesis of the GATT," Cambridge Books, Cambridge University Press, number 9780521142069.
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