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All items tagged protectionismOpen Think Tank ArticlesJune 15, 2009 | Economic Crisis not Severe Enough to Change Kremlin PolicyEditorial Team: In the third part of our survey, experts agree that the economic crisis is a small window of opportunity for enhanced Western-Russian cooperation, but not (yet) severe enough to make Moscow more amenable. The Kremlin might continue with its assertive foreign policy to deflect from increasing social tensions. ... MoreNovember 12, 2008 | Renaissance of ProtectionismJens F. Laurson & George A. Pieler: The first dangerous results from governmental overreaction to the financial crisis are beginning to show. Bailout bills have counterproductive effects as political pressure is even brought on institutions that do not need the governmental help. Following protectionist approaches could lead to a harmful and tragic economic outcome. ... MoreSeptember 27, 2007 | Sweden: A "Welfare Paradise" Offers Lessons For EuropeMaria Rankka: I urge Europe to look beyond Sweden’s mythic welfare state and learn from the country’s history of free trade and free enterprise. Protectionism and social safety nets will not forestall the wave of competition from globalization. ... MoreGlobal Must Read ArticlesSeptember 21, 2009 | Dragon Guarding TreasureA US-China trade war would be dangerous prospect, as it encourages resource nationalism and hoarding of important minerals by Beijing. ++ Through monopolizing the supply of resources vital to the construction of batteries, LED’s, and lightbulbs China is gaining leverage over the West. ++ Washington must take care not to antagonize the dragon, thereby giving impetus to the nationalist hawks within ... MoreJune 8, 2009 | Why Protectionism Could Intensify the Crisis The current economic May 18, 2009 | EU Hedge Funds Directive is Closet ProtectionismThe EU directive which aims to impose new regulation on hedge funds and private equity is a politically driven effort to place obstacles in the way of an industry that is almost exclusively based in the US and the UK. ++ The directive transfers ultimate powers to Brussels at the expense of national regulators and is a classic exercise in closet protectionism, since it would prevent fund managers ... MoreApril 27, 2009 | No Time for Protectionism Between US and ChinaThe US and China need to seize the opportunity to be more open and cooperate to deal with the slump in trade between the two nations. ++ “Regrettably… trade measures by the US against China are on the rise.” ++ US pleas for the WTO to investigate imports of Chinese products will seriously test relations, but the need to foster positive ties has never been greater. ++ The two countries should ... MoreApril 15, 2009 | Protectionism Is Not the AnswerGovernments must cooperate to stimulate their economies and resist protectionism in response to the economic crisis. ++ Protectionism is short-sighted and could destroy the positive aspects of economic globalization which have encouraged international growth. ++ Protectionism will not stop other forms of globalization and could lead to the spread of disease, friction in nations with high ... MoreApril 10, 2009 | Help Africa to Continue Its DevelopmentThe economic crisis threatens to undo the progress made across Africa. ++ It has been achieved as a result of stronger leadership, more accountable governments and effective development aid. ++ Funds from the IMF and World Bank are still required, as well as strong export market, to allow development to continue and not suffer from a crisis Africa did not create. ++ Protectionism must be avoided ... MoreMarch 19, 2009 | US Congress Vetoes NAFTA ProvisionsAnother obstacle was placed in the way of free trade last week as the US Congress abolished the US-Mexico trucking demonstration system. ++ This is not a new development; in 1995 the US Congress unilaterally vetoed NAFTA’s cross-border trucking agreements and in 2002 demanded that Mexican trucks met an additional 22 safety requirements. ++ As Mexico is a “steadfast supporter of free ... MoreMarch 4, 2009 | Changing Priorities Could Reshape the EUThe economic crisis could result in an outbreak of nationalism across Europe. ++ It would be a retrograde step to roll back the successes that have been made in the areas of free movement of goods, people, services and capital. ++ These are important rights for European citizens. ++ Division when international co-operation is required would be unfortunate. ++ It may be the case that the future ... MoreFebruary 5, 2009 | Obama Must Stop Protectionism or See It SpreadProtectionist measures, like the proposed Buy American provisions in the US stimulus package, will not be taken lightly by other countries. ++ Even if measures followed WTO rules, China and India can retaliate. ++ Americans will “learn history, which they do not study enough at school, by seeing it repeated in their own lifetime.” ++ US accusations of Chinese currency manipulation are popular ... MoreOctober 16, 2008 | Chinese and Western Economies Increasingly AlikeWhen it comes to the economy, the West and China are becoming more and more alike. ++ The Chinese are moving towards private ownership and crave the kind of dynamism that only a capitalist system can provide. ++ Western economies, on the other hand, are only capitalist in name. ++ They don’t trust the free market anymore; they want a safety net in case of an economic slowdowns or crunches, ... MoreAugust 6, 2008 | Protectionism Can Lead to Global Food CrisisFood security is increasingly an issue in many parts of the developing world. ++ In countries that are net importers of food, e.g. Egypt or the Philippines, soaring prices lead to economic and political crises. ++ To help solve the problem the EU should increase its output: abandon restraints on production, review plans to switch land from food to biofuels, and increase expenditure on food ... MoreJune 26, 2008 | Protectionism is Hampering Foreign InvestmentsForeign direct investment is slowing down worldwide due to nations’ fears of losing control of what they call “critical infrastructure.” ++ Markets have recently experienced FDI coming from non-traditional sources such as China and the Middle East, spurring governments to implement market-disrupting controls. ++ This is unnecessary. ++ Protectionist restrictions harm source and receiving ... MoreMay 20, 2008 | Detrimental Protectionist European Trade PoliciesThe defense of the European economy “against unfair international trade policies” needs to be critically examined. ++ In reality, defensive measures such as anti-dumping duties often negatively affect European companies. ++ The traditional concept of trade no longer applies in a world where products are often developed, manufactured, and assembled in separate countries. ++ Businesses that ... MoreApril 28, 2008 | Americans Are Growing Skeptical of GlobalizationInternationalist economic policy is no longer perceived to be in the interest of the working population in the US. ++ A new internationalism that mitigates adverse effects – inequality and insecurity – is required to maintain America’s commitment to an integrated global economy. ++ US should acknowledge the long term advantages of globalization as an indubitable producer of ... MoreMarch 26, 2008 | Isolationism is Rising in the United StatesBetween the recession and the Iraq war, isolationism is growing in America. ++ American anger at Europe’s inability to defend itself furthers the isolationist impulse, with conservatives and liberals converging on the issue. ++ Despite growing popularity of the idea, American isolationism would be short sighted and have negative global consequences, leaving the world to face China and other ... MoreAugust 14, 2007 | China Threatens to Sell Dollars if US Pressure Does Not AbateIf the US continues pressing China to float its currency, Beijing will start selling its dollar reserves, warns Ambrose Evans Pritchard of the Telegraph . Although Chinese officials assert that “China does not want any undesirable phenomenon in the global financial order”, such action could trigger a dollar crash as well as a spike in US bond yields. The combined ... MoreCommentsMarch 9, 2009 | At a time when the economic crisis could... |
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