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The Evolution of Trade Policies in the Era of Globalization: An Examination of New Protectionism

Authors

Zarema Kostoeva

Rubric:Economics
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Annotation

This scientific article explores the evolution of trade policies in the post-World War II era, focusing on the emergence of New Protectionism in the context of globalization. The study examines the transition from traditional protectionist measures to non-tariff barriers. The impact of globalization on protectionism will be analysed using case study method, arguing that while global trade has fostered interdependence, it has not eradicated the practice of protectionism but rather transformed its manifestations.

Keywords

globalisation
new protectionism

References:

Aberdeen, T. (2013, May 21). Yin, R. K. (2009). Case study research: Design and methods (4th Ed.). Thousand Oaks, CA: Sage. The Canadian Journal of Action Research, 14(1), 69–71. https://doi.org/10.33524/cjar.v14i1.73

Baldwin, R., & Evenett, S. (2009). The Collapse of Global Trade, Murky Protectionism, and the Crisis: Recommendations for the G20. CEPR Policy Insight, No. 38.

BBC News. (2020, January 16). A Quick Guide to the US-China Trade War. https://BBC.com. Retrieved December 12, 2023, www.bbc.com/news/business-45899310.

Dadush, U., Ali, S., & Odell, R. E. (2011). IS PROTECTIONISM DYING? Carnegie Endowment for International Peace. http://www.jstor.org/stable/resrep12980 

Ethier, W. J., & Fischer, R. D. (1987, September 15). The New Protectionism. Journal of Economic Integration, 2(2), 1–11. https://doi.org/10.11130/jei.1987.2.2.1

World Bank. (2020). European Union Non-Tariff Measure (NTM) Summary | WITS | Data. Retrieved December 21, 2023, from https://wits.worldbank.org/tariff/non-tariff-measures/en/country/EUN

European Commission. (2019, June 17). Barriers to trade: as protectionism rises, EU continues opening up export markets for European firms. https://ec.europa.eu/. Retrieved December 12, 2023, from https://ec.europa.eu/commission/presscorner/api/files/document/print/en/ip_19_2994/IP_19_2994_EN.pdf

Ōmae Ken'ichi. (1990). The borderless world : power and strategy in the interlinked economy. HarperBusiness.

World Trade Organisation. Tariff profiles: Brazil. https://www.wto.org. Retrieved December 12, 2023, from https://www.wto.org/english/res_e/statis_e/daily_update_e/tariff_profiles/BR_E.pdf

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