Mapping Crisis-Era Protectionism in the Asia and Pacific Region

29 Pages Posted: 15 Nov 2013

See all articles by Simon Evenett

Simon Evenett

University of St. Gallen - Economics Department - SIAW

Date Written: November 14, 2013

Abstract

This paper provides an account of how governments in the Asia and Pacific region have resorted in recent years 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 region than before the crisis.

Keywords: protectionism, Asia-Pacific Region, WTO, non-tariff measures

JEL Classification: F13, F53

Suggested Citation

Evenett, Simon, Mapping Crisis-Era Protectionism in the Asia and Pacific Region (November 14, 2013). ADBI Working Paper 445. Available at SSRN: https://ssrn.com/abstract=2354788 or http://dx.doi.org/10.2139/ssrn.2354788

Simon Evenett (Contact Author)

University of St. Gallen - Economics Department - SIAW ( email )

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