The following article considers the effects triggered by exporting countries' reactions to the new protectionism. It demonstrates that if the analysis is broadened to take account of macro-economic interdependence the assessment of the trade interests, for instance, of “new” exporting...

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...