The New Protectionism in Industrial Countries Beyond the Uruguay Round

This paper presents a broad overview of trade protection in industrial countries from the 1970s to the present. The emphasis of such measures has shifted from the protection of agriculture and basic manufacturing industries, where many industrial countries had lost (or never had) comparative advanta...

Full description

Bibliographic Details
Main Author: Irwin, Douglas
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1994
Series:IMF Policy Discussion Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02724nmm a2200445 u 4500
001 EB000926441
003 EBX01000000000000000720037
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781451972405 
100 1 |a Irwin, Douglas 
245 0 0 |a The New Protectionism in Industrial Countries  |b Beyond the Uruguay Round  |c Douglas Irwin 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1994 
300 |a 26 pages 
651 4 |a United States 
653 |a Tariffs 
653 |a Tariff 
653 |a International Trade Organizations 
653 |a Public finance & taxation 
653 |a Commercial treaties 
653 |a Taxes 
653 |a Trade Policy 
653 |a Trade: General 
653 |a Exports and Imports 
653 |a International economics 
653 |a General Agreement on Tariffs and Trade 
653 |a Commercial policy 
653 |a International trade 
653 |a Trade policy 
653 |a Trade barriers 
653 |a Taxation 
653 |a Imports 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Policy Discussion Papers 
028 5 0 |a 10.5089/9781451972405.003 
856 4 0 |u https://elibrary.imf.org/view/journals/003/1994/005/003.1994.issue-005-en.xml?cid=1466-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper presents a broad overview of trade protection in industrial countries from the 1970s to the present. The emphasis of such measures has shifted from the protection of agriculture and basic manufacturing industries, where many industrial countries had lost (or never had) comparative advantage in the 1970s and 1980s, toward the protection and promotion of high-technology sectors in recent years. The new forms of protection--particularly subsidies and antidumping rules--have not necessarily contravened GATT rules, arid the Uruguay Round fell short of reigning in such interventions. While these more recent trade interventions might in principle have an economic justification under certain conditions, theoretical, empirical, and practical considerations call for great skepticism about the desirability and efficacy of such policies. The next challenge for world trade negotiators is to contain the pressures for intervention in these areas. This is a Paper on Policy Analysis and Assessment and the author(s) would welcome any comments on the present text. Citations should refer to a Paper on Policy Analysis and Assessment of the International Monetary Fund, mentioning the author(s) and the date of issuance. The views expressed are those of the author(s) and do not necessarily represent those of the Fund