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What world leaders should do to halt the spread of protectionism

Richard Baldwin, Simon Evenett 04 December 2008

Unless world leaders strengthen trade cooperation, new tariffs and competitive devaluations could trigger a protectionist spiral of WTO-consistent trade barriers. To rule this out, world leaders should: 1) Reduce protectionist pressures by fighting the recession with macroeconomic polices; 2) Translate APEC and G20 leaders’ words into deeds by agreeing a framework for concluding the Doha Round; and 3) Establish a real-time WTO/IMF surveillance mechanism to track new protection.

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Edited by Richard Baldwin and Simon J. Evenett

Published 4 December 2008
 

Contents

Introduction

Richard Baldwin [2] and Simon J. Evenett [3]

The Essays: What world leaders should do to halt the spread of protectionism

What should world leaders do to halt protectionism from spreading?

Hadi Soesastro [4]

Doha: The Last Mile in the Marathon

Jagdish Bhagwati [5] and Arvind Panagariya [6]

What should leaders do to stop the spread of protectionism?

Gary Clyde Hufbauer [7] and Jeffrey J. Schott [8]

What should world leaders do to halt a resurgence of protectionism?

Ann Capling [9]

Protectionism and the Crisis

R.V. Kanoria [10]

Protecting Open Markets

Robert Z. Lawrence [11]

Keeping the global economy open

Wendy Dobson [12]

The crisis and protection: History doesn’t repeat itself, but sometimes it rhymes

Richard Baldwin [2]

What should world leaders do to halt protectionism from spreading?

Patrick A. Messerlin [13]

No turning back: Lock-in 20 years of reforms at the WTO

Simon J. Evenett [3]

What should ASEAN+3 do to help avert collapse of the global economy?

Yung Chul Park [14]

Trade and the global crisis: What it means for Africa and the response of African leaders

Peter Draper [15]

The crisis is an opportunity to push multilateral trade liberalisation

Ryuhei Wakasugi [16]

Engage multilateral institutions in solutions to today’s problems

Kevin H. O'Rourke [17]

Trade policy in 2008: Great Depression redux?

Douglas A. Irwin [18]


Source URL: https://voxeu.org/content/what-world-leaders-should-do-halt-spread-protectionism

Links
[1] https://voxeu.org/system/files/epublication/protectionism.pdf
[2] http://www.voxeu.org/index.php?q=node/45
[3] http://www.voxeu.org/index.php?q=node/129
[4] http://www.voxeu.org/index.php?q=node/2644
[5] http://www.voxeu.org/index.php?q=node/369
[6] http://www.voxeu.org/index.php?q=node/370
[7] http://www.voxeu.org/index.php?q=node/612
[8] http://www.voxeu.org/index.php?q=node/1420
[9] http://www.voxeu.org/index.php?q=node/2649
[10] http://www.voxeu.org/index.php?q=node/2648
[11] http://www.voxeu.org/index.php?q=node/523
[12] http://www.voxeu.org/index.php?q=node/2535
[13] http://www.voxeu.org/index.php?q=node/1166
[14] http://www.voxeu.org/index.php?q=node/2533
[15] http://www.voxeu.org/index.php?q=node/441
[16] http://www.voxeu.org/index.php?q=node/2646
[17] http://www.voxeu.org/index.php?q=node/703
[18] http://www.voxeu.org/index.php?q=node/1462