Publication:
Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008

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dc.contributor.authorKee, Hiau Looi
dc.contributor.authorNeagu, Cristina
dc.contributor.authorNicita, Alessandro
dc.date.accessioned2012-03-19T18:39:21Z
dc.date.available2012-03-19T18:39:21Z
dc.date.issued2010-04-01
dc.description.abstractTo understand the role of trade policies in the crisis of 2008, this paper constructs the overall trade restrictiveness indices for a wide range of countries using their tariff schedules in 2008 and 2009. The index summarizes the trade policy stance of a country, taking into account the share of each good in trade as well as its corresponding import demand elasticity. Results show that there is no widespread increase in protectionism via tariff policies since the global financial crisis has unfolded. While many countries have adjusted tariffs upward on selected products, only a handful of countries, such as Malawi, Russia, Argentina, Turkey and China focus on products that have significant impacts on trade flows. The United States and the European Union, by contrast, rely mainly on anti-dumping duties to shield domestic industries. Overall, while the rise in tariffs and anti-dumping duties in these countries may have jointly caused global trade to drop by as much as US$43 billion during the crisis period, it explains less than 2 percent of the collapse in world trade.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100419121819
dc.identifier.doi10.1596/1813-9450-5274
dc.identifier.urihttps://hdl.handle.net/10986/3761
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5274
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAD VALOREM
dc.subjectAGGREGATE IMPORTS
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURAL SECTOR
dc.subjectAGRICULTURE
dc.subjectANTI-DUMPING CASES
dc.subjectANTI-DUMPING DUTIES
dc.subjectANTIDUMPING
dc.subjectANTIDUMPING DUTIES
dc.subjectBASE YEAR
dc.subjectBILATERAL TRADE
dc.subjectBILATERAL TRADE AGREEMENTS
dc.subjectBILATERAL TRADE DATA
dc.subjectCHANGES IN TRADE
dc.subjectDEMAND ELASTICITIES
dc.subjectDEMAND ELASTICITY
dc.subjectDEMAND SHOCKS
dc.subjectDOMESTIC INDUSTRIES
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC PRODUCERS
dc.subjectDUMPING
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC POLICY
dc.subjectELASTICITY
dc.subjectEQUILIBRIUM
dc.subjectEUROPEAN UNION
dc.subjectEXPORTS
dc.subjectFINANCIAL CRISIS
dc.subjectGDP
dc.subjectGLOBAL TRADE
dc.subjectIMPORT VALUE
dc.subjectIMPORTED ITEMS
dc.subjectIMPORTED PRODUCTS
dc.subjectIMPORTS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL TRADE
dc.subjectITC
dc.subjectLOCAL CONTENT
dc.subjectMFN
dc.subjectOPENNESS
dc.subjectPOLICY RESEARCH
dc.subjectPROTECTIONISM
dc.subjectPROTECTIONIST
dc.subjectPROTECTIONIST DEVICE
dc.subjectREGIONAL TRADE
dc.subjectREGIONAL TRADE AGREEMENTS
dc.subjectTARIFF CHANGES
dc.subjectTARIFF POLICIES
dc.subjectTARIFF SCHEDULES
dc.subjectTRADE CENTER
dc.subjectTRADE DATA
dc.subjectTRADE DISTORTIONS
dc.subjectTRADE FLOWS
dc.subjectTRADE MEASURES
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRADE POLICY INSTRUMENTS
dc.subjectTRADE PROTECTION
dc.subjectTRADE REMEDIES
dc.subjectTRADE VALUE
dc.subjectTRADING PARTNERS
dc.subjectTRADING SYSTEM
dc.subjectUNEMPLOYMENT
dc.subjectVERTICAL SPECIALIZATION
dc.subjectWORLD PRICES
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleIs Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008en
dspace.entity.typePublication
okr.crossref.titleIs Protectionism On The Rise ? Assessing National Trade Policies During The Crisis Of 2008
okr.dataset.urlhttps://datacatalog.worldbank.org/node/97692
okr.date.doiregistration2025-04-10T11:51:46.246995Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100419121819
okr.guid210081468336027104
okr.identifier.doi10.1596/1813-9450-5274
okr.identifier.externaldocumentum000158349_20100419121819
okr.identifier.internaldocumentum12116560
okr.identifier.reportWPS5274
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/04/19/000158349_20100419121819/Rendered/PDF/WPS5274.pdfen
okr.region.administrativeThe World Region
okr.region.administrativeThe World Region
okr.relation.associatedurlhttps://openknowledge.worldbank.org/handle/10986/16603
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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