US policy approaches to China’s currency

Philip Levy, 16 April 2010

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In the increasingly heated American political discourse about China’s exchange rate, there have been loud cries for action, often unaccompanied by thorough analysis.

Topics: Exchange rates
Tags: China, exchange-rate policy, global imbalances, protectionism

Would freeing up world farm trade reduce or increase poverty?

Kym Anderson, John Cockburn, Will Martin, 28 April 2010

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Trade policy reforms in recent decades have sharply reduced the distortions that were harming agriculture in developing countries. Yet global trade in farm products continues to be far more distorted than trade in nonfarm goods, and model results suggest removing the remaining distortions would put upward pressure on food prices in international markets.

Topics: International trade, Poverty and income inequality
Tags: agricultural trade, Global poverty, protectionism

Correcting the Chinese exchange rate: An action plan

Fred Bergsten, 16 April 2010

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The Chinese renminbi is undervalued by about 25% on a trade-weighted average basis and by about 40% against the dollar (Cline and Williamson 2009 and Goldstein and Lardy 2009)1. The Chinese authorities buy about $1 billion daily in the exchange markets to keep their currency from rising and thus to maintain an artificially strong competitive position.

Topics: Exchange rates
Tags: China, exchange-rate policy, global imbalances, protectionism

Antidumping: Much ado about nothing?

Hylke Vandenbussche, Maurizio Zanardi, 8 March 2010

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Despite the global crisis, countries have by and large upheld their pledge not to increase protectionism.

Topics: Global crisis, International trade
Tags: antidumping, global crisis, protectionism

Figuring out the Doha Round

Gary Clyde Hufbauer, Jeffrey J. Schott , Woan Foong Wong, 22 February 2010

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Crisis-linked unemployment remains stubbornly high, and protectionist pressures are mounting (Bown 2010, Evenett 2010). Sustaining political support for the rules-based multilateral trade system is more important than ever to the global economy.

Topics: International trade
Tags: Doha Round, international trade, protectionism

Will Stabilisation Limit Protectionism? The 4th GTA Report

Simon J Evenett, 18 February 2010

Download the report from the Global Trade Alert website here.

URL: http://globaltradealert.org/gta-analysis/will-stabilisation-limit-protectionism-4th-gta-report?top-ad
Topics: Global crisis, International trade
Tags: crisis, GTA, protectionism, trade

Will stabilisation limit protectionism?

Simon J Evenett, 18 February 2010

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After contracting sharply in the first half of 2009, many economies stabilised and some even began to recover in the last quarter of 2009.

Topics: Global crisis
Tags: Global Trade Alert, protectionism

Antidumping, safeguards, and protectionism during the crisis: Two new insights from 4th quarter 2009

Chad P Bown, 18 February 2010

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When the economy is down, protection is up.1 But this old story has taken on new urgency. As the crisis is global and synchronised, and as high unemployment continues to generate protectionist pressures, the protectionist reaction has been broader than usual (Evenett 2009).

Topics: Global crisis, International trade
Tags: antidumping, global crisis, protectionism

The impact of crisis-driven protectionism on EU exports: The “Russian doll” effect

Lucian Cernat, Nuno Sousa, 9 January 2010

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The trade collapse of 2009 was as severe as in the Great Depression – if not more so.

Topics: Global crisis, International trade
Tags: EU, global crisis, protectionism, trade policy

Trade and labour income risk in the US: Evidence from longitudinal data

Pravin Krishna, Mine Zeynap Senses, 19 December 2009

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The severe recession has intensified the political pressure on governments to safeguard jobs at home. As has been argued on this site before, protectionism is the wrong response because import protection stifles access to a greater variety of goods, raises prices and hinders the efficient allocation of resources.

Topics: International trade, Labour markets
Tags: protectionism, trade and unemployment, US trade policy

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