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Mapping Crisis-Era Protectionism in the Asia and Pacific Region

  • Simon J. Evenett

    (Asian Development Bank Institute (ADBI))

Registered author(s):

    This 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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    File URL: http://saber.eaber.org/node/23851
    Download Restriction: no

    Paper provided by East Asian Bureau of Economic Research in its series Finance Working Papers with number 23851.

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    Date of creation: Nov 2013
    Date of revision:
    Handle: RePEc:eab:financ:23851
    Contact details of provider: Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200
    Web page: http://www.eaber.org

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