Did WTO Rules Restrain Protectionism During the Recent Systemic Crisis?

Simon J. Evenett

Chapter 3 in The World Economy after the Global Crisis:A New Economic Order for the 21st Century, 2012, pp 29-75 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Abstract"The multilateral trading system was instrumental in helping governments successfully resist intense protectionist pressures during the recent global recession. It is vital to preserve this system to be able to face future crisis. Any weakening of the multilateral trading system and the insurance policy that the WTO represents would provide grounds for renewed calls to retreat into protectionism." (WTO, 2011:3)

Keywords: World Economy; Financial Crisis; Global Trading System; Global Financial System; International Monetary System; G20; Global Governance; Emerging Markets; Asia; Advanced Economies (search for similar items in EconPapers)
Date: 2012
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