In light of the concern being expressed in many national and international fora about the pressures towards protectionism, this paper explores the reasons for and the possible consequences of this new protectionist trend. The analysis is restricted to macroeconomic issues and policy situations. In ...
Global trade has been challenged in recent years by protectionism, pandemic, and war. The impacts of these forces will influence trade flows around the world for the foreseeable future. Companies that rely on global supply chains should recognize that the challenges confronting global trade are here...
Certain countries have practiced unilateralism, protectionism and hegemonism, hampering economic globalization and threatening a global economic recession. It is imperative to address such global problems as sluggish economic growth, shortcomings in economic governance, and imbalanced economic development. It i...
In response to a succession of grave challenges, including mounting protectionism and the Covid-19 pandemic, we adopted new ways of conducting macro regulation and avoided overreliance on investment as a means of achieving economic growth. We employed a wide range of policies including fiscal and ...
Instead of the dire predictions of a post-pandemic world characterized by increased global risks, decoupling of economies, shake-up of global value chains, and the retreat of globalization, this article proposes that the changes induced by heightened nationalism and protectionism will be marginal rathe...
Over the past decade in the new era, the CPC has pursued major-country diplomacy with Chinese characteristics on all fronts, worked toward building a global community of shared future, and defended fairness and justice in the international arena. It has opposed unilateralism, protectionism and bully...
It is now widely recognized in the international community that the vision has nothing to do with self-interest and protectionism. Instead, by presenting China’s vision of the course of human development, it confronts the ...
Unilateralism and protectionism for selfish gains at the expense of others must be discarded to keep the global industrial and supply chains stable and unimpeded, and to sustain the robust and dynamic growth of the world economy.
The regressive tendency is to isolationism and protectionism, while the progressive tendency is to pool resources and recognise the necessity of co-operation, both materially and psychologically. Neptune transits often accompany losses which must be accepted, and it is wiser, under Neptune, to let ...
The result of high barriers to entry and high levels of protectionism was inflated prices for vehicles and a very small low-end market segment. Fig. 2, showing data from Brandt and Thun (2016), depicts the average vehicle price for different car models by engine size in 1995, 2001, and ...