The Impact and Outlook of Trade Protectionism on the Global Economy

Yang Guo (), Hanyue Zhao () and Jingyi Hu ()
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Yang Guo: Harbin Engineering University
Hanyue Zhao: Jiangsu University of Science and Technology
Jingyi Hu: Harbin Engineering University

A chapter in Proceedings of the 2024 3rd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2024), 2024, pp 36-44 from Springer

Abstract: Abstract This paper aims to delve deeply into the impact of trade protectionism on the global economy and its future trajectory. Firstly, it clarifies the theoretical foundations of trade protectionism, enhancing the understanding of its connotation and basic principles. Secondly, it analyzes the current characteristics of international trade protectionism, focusing on its persistence, concealment, and diversification. This paper primarily dissects the negative impacts of trade protectionism on the global economy and proposes countermeasures tailored to China’s national conditions, intending to provide theoretical support for grasping the trends of trade protectionism and promoting healthy global economic development.

Keywords: Trade; Protectionism; Economic Globalization (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-548-5_6

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DOI: 10.2991/978-94-6463-548-5_6

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