Trade Wars and Immigration Restrictions: Insights From the Interwar Era

Dean Hoi, Ruikun Ma and Laura Panza

Australian Economic Review, 2025, vol. 58, issue 4, 343-352

Abstract: Background The interwar period saw a reversal of the first wave of globalization, with rising trade and migration barriers. Understanding this shift helps contextualize today's backlash against global integration. Methods We document trade and migration trends, analyse policies that dismantled globalization, and review literature on their effects on workers, industries, and economies. Historical and comparative analysis links past protectionist cycles with current trends. Results Protectionist policies during the interwar period disrupted trade and migration, leaving lasting economic and labour market impacts. Historical patterns parallel contemporary moves toward reduced openness. Conclusion This study highlights the risks of protectionist cycles and provides historical context for current challenges to global integration, informing policy responses to sustain international economic cooperation.

Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/1467-8462.70037

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ausecr:v:58:y:2025:i:4:p:343-352

Ordering information: This journal article can be ordered from
https://ordering.onl ... 7-8462&ref=1467-8462

Access Statistics for this article

Australian Economic Review is currently edited by John de New, Viet Hoang Nguyen and Susan Méndez

More articles in Australian Economic Review from The University of Melbourne, Melbourne Institute of Applied Economic and Social Research Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().