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Beggar-thy-neighbour policies during the crisis era: causes, constraints, and lessons for maintaining open borders

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  • Richard E. Baldwin
  • Simon J. Evenett

Abstract

Since the onset of the global financial crisis in 2007 governments have resorted to beggar-thy-neighbour measures. Conforming to previous historical bouts of protectionism the form of discrimination against cross-border discrimination changed. As well as documenting government attempts to tilt the playing field towards domestic firms, this paper discusses the causes and apparent constraints on contemporary protectionism and concludes with a discussion of steps that can be taken to maintain the wide variety of cross-border commercial flows seen in the twenty-first century. Copyright 2012, Oxford University Press.

Suggested Citation

  • Richard E. Baldwin & Simon J. Evenett, 2012. "Beggar-thy-neighbour policies during the crisis era: causes, constraints, and lessons for maintaining open borders," Oxford Review of Economic Policy, Oxford University Press, vol. 28(2), pages 211-234, SUMMER.
  • Handle: RePEc:oup:oxford:v:28:y:2012:i:2:p:211-234
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    File URL: http://hdl.handle.net/10.1093/oxrep/grs015
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    Cited by:

    1. Yi Liu & Jun Deng, 2016. "Antidumping under International Fragmentation: Evidence from China," Review of Development Economics, Wiley Blackwell, vol. 20(1), pages 306-316, February.
    2. Nicholas Crafts, 2014. "What Does the 1930s' Experience Tell Us about the Future of the Eurozone?," Journal of Common Market Studies, Wiley Blackwell, vol. 52(4), pages 713-727, July.

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