1985 Articles
Protectionism: Old Wine in New Bottles
This paper addresses some new types of arguments that have recently arisen in defense of protectionism in developing and developing countries. The new sources of protectionism in developing countries discussed are: (1) recession-debt-crisis costs; (2) protection in the world economy; (3) wages and labor markets; (4) political requirements. The new arguments for protectionism in developed countries discussed are: (1) shift to the service economy; (2) defense; (3) threat of protection to induce foreign investment.
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Also Published In
- Title
- Journal of Policy Modeling
- DOI
- https://doi.org/10.1016/0161-8938(85)90026-2
More About This Work
- Academic Units
- Economics
- Published Here
- January 30, 2013