Mapping Crisis-Era Protectionism in the Asia and Pacific Region
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.
|Date of creation:||Nov 2013|
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- Hsieh, Wen-jen, 2011. "The Global Economic Recession and Industrial Structure: Evidence from Four Asian Dragons," ADBI Working Papers 315, Asian Development Bank Institute.
- Simon J. Evenett & Johannes Fritz & Yang Chun Jing, 2012. "Beyond dollar exchange-rate targeting: China’s crisis-era export management regime," Oxford Review of Economic Policy, Oxford University Press, vol. 28(2), pages 284-300, SUMMER.
- Wen-jen Hsieh, 2011. "The Global Economic Recession and Industrial Structure : Evidence from Four Asian Dragons," Trade Working Papers 23221, East Asian Bureau of Economic Research.
- Wen-jen Hsieh, 2011. "The Global Economic Recession and Industrial Structure : Evidence from Four Asian Dragons," Microeconomics Working Papers 23221, East Asian Bureau of Economic Research.
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