The revival of protectionism in developed countries / W.M. Corden.
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Corden, Warner Max
Australian National University. Centre for Economic Policy Research
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Canberra : Centre for Economic Policy Research, Australian National University
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Open Access
Abstract
This paper deals with the revival or intensification of
protectionism in developed (OECD) countries since the first oil crisis
and the end of the great post-war boom in 1973. It focuses on
macroeconomic aspects, and especially on the relationship between
protection and the exchange rate. The aim is to provide only an
overview of the issues since there are available many detailed studies
of recent developments in trade policy and of policy options aimed to
halt the apparent protectionist resurgence.1 Much stress will be
laid on the effects of OECD protectionism on developing countries.
There will also be a brief discussion of some protectionist arguments
currently popular, especially in the United States.
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ANU Publications Digitisation Project
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