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The seventies can be seen as the decade where the ingenuity of the human mind knew no bounds to the invention of new non-tariff barriers, circumventing the original GATT rules. Where has this neoprotectionism led so far and what is the outlook for the future?
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However sharp the clash between the industrial countries' notions of a world economic order and those of the developing countries, one point is gaining increasing importance for both camps: the fight against spreading protectionism. Rising import barriers in the North restrict the developing...
Persistent link: https://www.econbiz.de/10011552712
The EC recently created a new instrument of trade policy to deter illicit trade practices. A major part of its purpose is to strengthen the Community’s authority in the area of trade policy and counter the spread of international protectionism within the Community. The following article...
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The world economy is threatening to find itself in a vicious circle of escalating protectionism. Franz Peter Lang explains the dangers and consequences of this. Gary Banks argues that the “new protectionism” is not so much a temporary by-product of the recession as the external manifestation...
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On the surface, Europe seems to be climbing out of the dreary post-1973 era, marked by anxiety, doubts, and shocks, to a new “1960s”: economic growth, declining inflation, new consumer gadgets to enjoy. But the medium-term outlook is more disturbing than the euphoria engendered by a...
Persistent link: https://www.econbiz.de/10011553185
Protectionism in international trade, in particular with regard to imports from developing countries, has increased rapidly since the beginning of the 1970s. Dieter Schumacher analyses the reasons for this development and makes some proposals for a liberalization of trade which take the...
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