Trade policy through 2013: Signs of improvement but new policy concerns

Chad P Bown 27 June 2014

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How countries apply their trade policies has been of heightened interest since the early days of the Great Recession (Baldwin and Evenett 2009). While applied import tariffs have proven resilient to change, the temporary trade barriers of antidumping, safeguards, and countervailing duties have become important to understanding the year-to-year churning that arises under modern commercial policy. Here we summarise evidence from the World Bank’s Temporary Trade Barriers Database – that has been newly updated with data through 2013 – for more than 25 major economies.

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Topics:  International trade

Tags:  G20, protectionism, Trade barriers, Great Recession, TTBs