Protectionism
in sentence
619 examples of Protectionism in a sentence
But neither country can protect its way to prosperity:
protectionism
harms China’s industrial development and our efforts to build stronger trading relationships.
But even the developed countries that promote this agenda relied on
protectionism
at the early stages of their industrialization.
He is in favor of
protectionism
and cheap money, presumably because these positions play well with his core political constituency – white working-class voters.
Beyond a shared inclination toward protectionism, they do not seem to have much in common.
Given the likelihood of additional trade
protectionism
and measures to remove immigrant workers, the increase in inflation and long-term interest rates could be quite dramatic.
Fourth, the combination of a dollar squeeze and
protectionism
spells big trouble for developing countries, with the possible exception of some relatively closed economies such as Brazil, Russia, and India, whose development strategies are less reliant on free trade and foreign financing.
More broadly, the WTO’s multilateral approach has shown its worth by preventing a massive increase in trade barriers, unlike in 1929-1930, when
protectionism
helped deepen and broaden the Great Depression.
The global economic crisis and new fears of US
protectionism
have motivated India to rethink its attitude toward the Doha Development Round.
Although countries have not descended fully into
protectionism
since the global financial crisis began, difficult economic and labor-market conditions in key countries may force politicians to protect domestic markets while trying to gain external competitiveness.
It also called for greater coordination of tax regimes and border controls, stronger protection of the integrity of the internal market, and, in view of the rising threat of
protectionism
in the United States, a “made in Europe” procurement policy.
If voters in France’s upcoming presidential election prove closer to the Dutch than to Americans and Britons in their susceptibility to xenophobia and protectionism, their decision will have global implications for politics, economics, and the ideology of global capitalism.
So the EU’s continuing commitment to a philosophy of open trade, globalization, and carbon reduction could be sufficient to prevent a paradigm shift toward
protectionism
and climate-change denial that seemed almost inevitable with Trump’s election.
Social protection is more efficient than
protectionism.
But the inconsistency between rhetoric and reality is long-standing:
protectionism
expanded under Reagan, including through the imposition of so-called voluntary export restraints on Japanese cars.
A world divided into political blocs will become a world of trade blocs, sustained by
protectionism
and currency manipulation.
This new
protectionism
raises problems.
The third is composed of new big businessmen pushing
protectionism.
Finally, the Libyan case and the Dubai debt crisis of 2009 might increase suspicion in the developed world and lead to
protectionism
against SWFs, especially those from North Africa and the Gulf.
It is in the enlightened self-interest of us all not to give in to the temptations of
protectionism.
Moreover, even without US protectionism, Japan was going to have to accommodate China’s growing economic power sooner or later.
Doing so requires Japanese policymakers to focus on more sustainable growth while averting a vicious cycle of competitive devaluation and
protectionism
with Japan’s trade partners.
The danger of a currency war and
protectionism
should not be underestimated.
This delicate situation could escalate into further currency intervention, trade protectionism, and capital controls.
In the case of inward FDI,
protectionism
involves new official measures that are used to prevent or discourage investors from coming to or staying in a host country.
For outward FDI,
protectionism
involves measures that require domestic companies to repatriate assets or operations to the home country, or that discourage certain types of new investments abroad.
But the definition of FDI
protectionism
can become more complicated, because measures taken in the interest of legitimate public policy objectives – for example, protecting national security or increasing FDI’s contribution to the host economy – are not necessarily instances of it, even if they make the foreign-investment climate less hospitable.
Nevertheless, even with this caveat, there has been a rise of FDI
protectionism
that predates the current financial crisis and recession.
But the boundary line between such objectives and
protectionism
can be a very fine one.
The financial crisis and recession may dampen the rise of FDI protectionism, as countries seek capital to shore up local firms and increase investment to help them promote economic recovery.
But the global downturn may also accentuate protectionism, especially if nationalistic impulses gain the upper hand, perhaps stimulated by fire-sales of domestic assets (as we saw during the Asian financial crisis).
Back
Next
Related words
Trade
Global
Economic
Countries
World
Would
Their
Policies
Financial
Which
Political
Growth
Crisis
Policy
Against
There
Should
Rising
Could
Nationalism