Protectionism
in sentence
619 examples of Protectionism in a sentence
These considerations should lead us to focus on how to develop open societies and how to encourage greater and better integration of global markets, rather than seek to resuscitate bankrupt theories of economic autarky, self-reliance and
protectionism
which impede growth and inflict untold damage.
This has contributed to the rejection of trade openness and calls for
protectionism.
Comparing countries, there was no relationship between either the depth and duration of the output collapse and the increase in levels of protection, or the magnitude of the rise in unemployment and the extent of
protectionism.
As a result, there was only limited resort to
protectionism.
The World Bank estimates that only 2% of the decline in trade during the crisis was due to increased
protectionism.
In the 1930’s, by contrast, roughly half of the decline in world trade was due to
protectionism.
In a desperate effort to do something – anything – to defend their economies, they turned to protectionism, imposing “exchange-rate dumping” duties, and import quotas to offset the loss of competitiveness caused by their own increasingly overvalued currencies.
By contrast, countries that loosened monetary policies and reflated not only stabilized their financial systems more effectively and recovered faster, but also avoided the toxic
protectionism
of the day.
Worldwide, there is growing discontent with globalization, digitization, and free trade, accompanied by a slow shift toward
protectionism.
Europeans, in particular, seem to have forgotten that
protectionism
and nationalism are inextricably linked – one cannot be had without the other.
Reservations against FDI (as against anything foreign) can be found in all groups of countries, and politicians can bring them to the surface, resulting in
protectionism.
They agreed that
protectionism
was obviously a vice, but thought that it was a necessary one that could not be addressed without monetary stability.
Or perhaps the stimulus will be fear that the world is sliding toward protectionism, with bilateral and regional trade agreements like the Transatlantic Trade and Investment Partnership deepening divisions between their participants and the rest of the world.
The populist backlash against globalization in the West will not be stilled by Macron’s victory, and could still lead to protectionism, trade wars, and sharp restrictions to migration.
So we see the curious fusion between
protectionism
and Christian conservatism.
The EU's emerging anti-Russian trade policy is not an antidumping policy; it is outright
protectionism.
Trade
protectionism
won’t help, because trade is not a zero-sum game, and most US manufacturing jobs have been lost to automation, not trade.
Worse, given the implications of trade for geopolitical and financial-system dynamics, the net consequences of
protectionism
will likely be negative.
WASHINGTON, DC – The world is on the brink of a nasty confrontation over exchange rates – now spilling over to affect trade policy (America’s flirtation with protectionism), attitudes towards capital flows (new restrictions in Brazil, Thailand, and South Korea), and public support for economic globalization (rising anti-foreigner sentiment almost everywhere).
At a time of pronounced political polarization, anti-establishment anger, and mistrust of expert opinion – owing to economic disappointments and widespread fear of cultural and technological change – heightened
protectionism
would likely fuel even greater nationalism, populism, and inward-looking policymaking.
The
protectionism
that Trump has unleashed is contagious and will likely spread well beyond the industries that he wants to insulate from foreign competition.
And the temptation to pursue shortsighted solutions – such as closing borders and implementing
protectionism
– will become irresistible.
Are nationalism and
protectionism
poised to overwhelm globalization and competition?
Nor is it reassuring to recall that China, up to now, has been stubbornly watering down sanctions on Iran, investing in major offensive military systems, and pillorying Western leaders for irresponsible financial policies and
protectionism.
And China will remain prickly as long as it fears
protectionism
or a new containment strategy.
They need to rely on a mix of economic tools, including farm protectionism, aimed at helping indigenous producers.
Uganda and other African countries need to be careful that
protectionism
doesn’t become a cover for inefficiency or corruption.
And selective
protectionism
is of course no panacea for Africa, even when such policies effectively aid local producers.
Indeed, America's intricate trade relations with the rest of the world – which place households and companies on both sides of the production and consumption equation – make it particularly difficult to stimulate significant political support for
protectionism
there.
Indeed, this ideological divide is likely to become more defined in the coming years, as the independence of central banks around the world is threatened by new rules and regulations; as China – and, more generally, Asia – export inflation (reflected in US import prices); as
protectionism
rises, hitting free trade hard; and as new productivity-enhancing innovations, such as the Internet, remain absent.
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