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All items tagged protectionismOpen Think Tank ArticlesNovember 12, 2008 | Renaissance of ProtectionismJens F. Laurson & George A. Pieler: The first dangerous results from governmental overreaction to the financial crisis are beginning to show. Bailout bills have counterproductive effects as political pressure is even brought on institutions that do not need the governmental help. Following protectionist approaches could lead to a harmful and tragic economic outcome. ... MoreSeptember 27, 2007 | Sweden: A "Welfare Paradise" Offers Lessons For EuropeMaria Rankka: I urge Europe to look beyond Sweden’s mythic welfare state and learn from the country’s history of free trade and free enterprise. Protectionism and social safety nets will not forestall the wave of competition from globalization. ... MoreGlobal Must Read ArticlesOctober 16, 2008 | Chinese and Western Economies Increasingly AlikeWhen it comes to the economy, the West and China are becoming more and more alike. ++ The Chinese are moving towards private ownership and crave the kind of dynamism that only a capitalist system can provide. ++ Western economies, on the other hand, are only capitalist in name. ++ They don’t trust the free market anymore; they want a safety net in case of an economic slowdowns or crunches, ... MoreAugust 6, 2008 | Protectionism Can Lead to Global Food CrisisFood security is increasingly an issue in many parts of the developing world. ++ In countries that are net importers of food, e.g. Egypt or the Philippines, soaring prices lead to economic and political crises. ++ To help solve the problem the EU should increase its output: abandon restraints on production, review plans to switch land from food to biofuels, and increase expenditure on food ... MoreJune 26, 2008 | Protectionism is Hampering Foreign InvestmentsForeign direct investment is slowing down worldwide due to nations’ fears of losing control of what they call “critical infrastructure.” ++ Markets have recently experienced FDI coming from non-traditional sources such as China and the Middle East, spurring governments to implement market-disrupting controls. ++ This is unnecessary. ++ Protectionist restrictions harm source and receiving ... MoreMay 20, 2008 | Detrimental Protectionist European Trade PoliciesThe defense of the European economy “against unfair international trade policies” needs to be critically examined. ++ In reality, defensive measures such as anti-dumping duties often negatively affect European companies. ++ The traditional concept of trade no longer applies in a world where products are often developed, manufactured, and assembled in separate countries. ++ Businesses that ... MoreApril 28, 2008 | Americans Are Growing Skeptical of GlobalizationInternationalist economic policy is no longer perceived to be in the interest of the working population in the US. ++ A new internationalism that mitigates adverse effects – inequality and insecurity – is required to maintain America’s commitment to an integrated global economy. ++ US should acknowledge the long term advantages of globalization as an indubitable producer of ... MoreMarch 26, 2008 | Isolationism is Rising in the United StatesBetween the recession and the Iraq war, isolationism is growing in America. ++ American anger at Europe’s inability to defend itself furthers the isolationist impulse, with conservatives and liberals converging on the issue. ++ Despite growing popularity of the idea, American isolationism would be short sighted and have negative global consequences, leaving the world to face China and other ... MoreAugust 14, 2007 | China Threatens to Sell Dollars if US Pressure Does Not AbateIf the US continues pressing China to float its currency, Beijing will start selling its dollar reserves, warns Ambrose Evans Pritchard of the Telegraph . Although Chinese officials assert that “China does not want any undesirable phenomenon in the global financial order”, such action could trigger a dollar crash as well as a spike in US bond yields. The combined ... More |
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