Bussière, Matthieu; Pérez-Barreiro, Emilia; Straub, Roland - European Central Bank - 2010
In this paper we take a systematic look at recent trends in global protectionism and at the potential implications of a … Organization (WTO) member has retreated into widespread trade restrictions or protectionism to date. Our model-based simulations …-term growth potential of the global economy. At the same time, it is unlikely that protectionism would help to correct existing …