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This paper looks empirically at the implications that protectionist measures implemented during the current crisis may have had for a country’s ability to attract foreign direct investment. The research utilizes data on such measures that is available from Global Trade Alert, combined with...
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greater inequalities and greater need for flexibility. Protectionism is a double-edged sword. Many historic episodes show that … the return to protectionism did significantly more harm in terms of reduced growth than generating benefits in terms of …
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