How export restrictions threaten economic security

Chad Bown

No WP25-11, Working Paper Series from Peterson Institute for International Economics

Abstract: Fear that a foreign government will impose export restrictions that imperil another country's economic and national security has driven part of the recent turn to industrial policy and the increased use of tariffs. Countries now worry about disruption to their access not only to energy but also to critical minerals, semiconductors, medical supplies, and other essential goods. Modern use of industrial and trade policy is thus often an attempt to move supply chains in the short term and to sustain them in those new places over the long term, in order to reduce national vulnerability to disruptions caused by export restrictions. However, achieving even modest forms of international cooperation on trade and industrial policy between countries seeking to improve their collective economic security will also require that these same countries take on new commitments to discipline their own use of export restrictions toward each other.

Keywords: export restrictions; economic security; industrial policy; tariffs (search for similar items in EconPapers)
JEL-codes: F13 L52 (search for similar items in EconPapers)
Date: 2025-05
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.piie.com/publications/working-papers/2 ... en-economic-security (text/html)

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:iie:wpaper:wp25-11

Access Statistics for this paper

More papers in Working Paper Series from Peterson Institute for International Economics Contact information at EDIRC.
Bibliographic data for series maintained by Peterson Institute webmaster ().