Protectionism, state discrimination, and international business since the onset of the Global Financial Crisis
Simon J Evenett ()
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Simon J Evenett: University of St. Gallen
Journal of International Business Policy, 2019, vol. 2, issue 1, 9-36
Abstract The manner and extent of state discrimination against international business since the start of the Global Financial Crisis is documented and interpreted. Without resorting to 1930s-style across-the-board tariff increases, governments have tilted the playing field in favor of local firms so often since November 2008 that 70% of the world’s goods exports competed against crisis-era trade distortions by 2013. Export mercantilism and other forms of selective subsidization are persistent features of crisis-era policy response. Available evidence also casts doubt on the notion that foreign direct investments have been treated as well as successive World Investment Reports contend.
Keywords: protectionism; discrimination; Global Financial Crisis; primary data collection (search for similar items in EconPapers)
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