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wholesale descent into protectionism in this respect. However, in other policy areas, such as state aid and WTO contingency … disciplines on subsides. While this is not classical protectionism offered to strictly national industries, we may see a new …
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This note discusses capital controls using insights from the trade policy literature. It highlights some key issues that have been neglected in the current international debate on capital controls. Capital is tradable in the same way as many goods and services are. As a result, much of the...
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