c70c660446f86f380e51a228_pa1151.jpg Paul Lachine

The Myth of Rising Protectionism

There was a dog that didn’t bark during the financial crisis: the growing protectionist threat. Despite much hue and cry about it, governments have in fact imposed remarkably few trade barriers on imports, and the world economy remains as open as it was before the crisis struck.

CAMBRIDGE – There was a dog that didn’t bark during the financial crisis: protectionism. Despite much hue and cry about it, governments have in fact imposed remarkably few trade barriers on imports. Indeed, the world economy remains as open as it was before the crisis struck.

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