Mapping Crisis-Era Protectionism in the Asia and Pacific Region

Simon Evenett

Trade Working Papers from East Asian Bureau of Economic Research

Abstract: This paper provides an account of the resort in recent years by governments in the Asia and Pacific region to discrimination against foreign commercial interests. As in previous systemic economic crises, policymakers altered the mix of discriminatory policies employed. This time around governments of higher income economies in the region frequently softened the budget constraints of firms, offering a range of financial incentives that went beyond high-profile bank sector bailouts. Meanwhile, many developing countries in the Asia and Pacific region relied more on traditional forms of protectionism. The result is a more fragmented set of markets in the Asia and Pacific region than before the crisis.

Keywords: the Asia and Pacific region; financial incentives; traditional forms of protectionism; Global Trade Alert Database; financial sector bailout (search for similar items in EconPapers)
JEL-codes: F13 F53 (search for similar items in EconPapers)
Date: 2013-11
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Citations: View citations in EconPapers (2)

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Related works:
Chapter: Mapping crisis-era protectionism in the Asia and Pacific region (2014)
Working Paper: Mapping Crisis-Era Protectionism in the Asia and Pacific Region (2013)
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