Journal Article

Beggar-thy-neighbour policies during the crisis era: causes, constraints, and lessons for maintaining open borders

Richard E. Baldwin and Simon J. Evenett

in Oxford Review of Economic Policy

Published on behalf of The Oxford Review of Economic Policy Ltd

Volume 28, issue 2, pages 211-234
Published in print January 2012 | ISSN: 0266-903X
Published online June 2012 | e-ISSN: 1460-2121 | DOI: https://dx.doi.org/10.1093/oxrep/grs015
Beggar-thy-neighbour policies during the crisis era: causes, constraints, and lessons for maintaining open borders

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Since the onset of the global financial crisis in 2007 governments have resorted to beggar-thy-neighbour measures. Conforming to previous historical bouts of protectionism the form of discrimination against cross-border discrimination changed. As well as documenting government attempts to tilt the playing field towards domestic firms, this paper discusses the causes and apparent constraints on contemporary protectionism and concludes with a discussion of steps that can be taken to maintain the wide variety of cross-border commercial flows seen in the twenty-first century.

Keywords: protectionism; discrimination; World Trade Organization; G20; F13; F53

Journal Article.  10834 words.  Illustrated.

Subjects: International Trade ; International Relations and International Political Economy

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