In its November 2014 edition the Asian Development Bank's Asian Economic Integration Monitor includes an account of what it refers to as the "resurgence of trade impediments." This analysis is based on Global Trade Alert data and neatly distinguishes between conventional and unconventional trade policy measures.
In the 15 November 2014 edition of The Economist mention was made of the GTA's findngs in that magazine's latest assessment of the state of globalisation. For the article in question see http://www.economist.com/news/finance-and-economics/21632514-despite-som...
A summary of the GTA's latest findings can be found at http://www.globaltradealert.org/sites/default/files/GTA16_Exec_Summary.pdf
On 12 November 2014 the Financial Times published the following summary of the findings of the GTA's 16th report: http://www.ft.com/cms/s/0/4ee2d69a-6aa3-11e4-bfb4-00144feabdc0.html
This complements the longer summary found on voxEU.org and available at http://www.voxeu.org/article/global-trade-disorder-new-gta-data
The Global Trade Disorder
Part One: Benchmarking the G20’s Resort to Protectionism and Trade
Part Two: Analyses of Crisis-Era Protectionsim
Date Published: 12 Nov 2014
On 1 October 2014 at the WTO Public Forum in Geneva, Simon Evenett gave a presentation on (a) global trends in the resort to beggar-thy-neighbour policies and (b) the frequency with which the Least Developed Countries (LDCs) and Lower Middle Income Countries (LMICs) have seen their commercial interests harmed by foreign protectionism. This presentation is based upon the latest data from Global Trade Alert and reflects the substantial expansion of that database over the past 12 months. For further details please email firstname.lastname@example.org
In a guest blog, published on the Financial Times website on 29 August 2013, Eric Lascelles, Chief Economist of RBC Global Asset Management, discussed the factors responsible for slowing growth of world trade since the global economic crisis hit. One of the factors mentioned by Mr Lascelles is protectionism and specific reference was made to the number of protectionist measures imposed by G20 countries, data that was taken from the GTA database.
Mr Lascelles' contribution to the Beyond Brics blog can be found at the following URL:
Beggar-Thy-Poor-Neighbour: Crisis-Era Protectionism and Developing Countries
The most vulnerable trading Nations on Earth - the Least Developed Countries and Countries from Sub-Saharan Africa- have long been encouraged by Western donors, international development Organisations and economists to integrate their economies into world markets.This volume examines the extent to which such integration was frustrated by protectionism measures taking since the onset on Greta Recession.
Drawing upon the data compiled by Global Trade Alert, an independent protectionist monitoring service, the policy stance towards Lesse Developed Countries and Sub-Saharan African Nations- both beggar-thy-neighbour and liberalising - are characterised and their effects analysed by expert knowledgeable about both of these groups of developing countries. Implications for policymaking at the national and international level, including at the G20, are explored.
Download the report here
1. Beggar-Thy-Poor-Neighbour: The incidence of Protectionism in LDCs and Sub-Saharan Africa
Part one: The Impact of Protectionism on Developing Countries
2. Free trade, protectionism and the balance of trade: New empirical insights
3. Trade measures of OECD countries and the decline in exports of African Coutires: is murky protectionism responsible?
4. Protectionist Trade Policy Instruments in the global economic crises: an impact analysis from Africa-EU and Africa-US trade relations
5. SADC Crisis era trade policy and its effect on intra regional trade and investiments
6. The economic crisis and the protection of domestic workers: the case of Foreign Workers Firsts out policy in Malaysia's manufacturing sector.
Part two: Country Specific Data on the Incidence of Crisis- Era Protectionism on the Least Developed Countries and on Africa
Date Published: 22 Jul 2014
In a report to G20 leaders the B20's (a business group) Trade Taskforce employed GTA data to argue that "the spirit of the (G20) standstill (on protectionism) has not been honoured with respect to non-tariff barriers." Page 8 of the following report contains an informative chart concerning the level and composition of crisis-era protectionism, see http://www.b20australia.info/Documents/B20%20Trade%20Taskforce%20Report.pdf
The B20 report states that the G20 members have implemented in total 1500 protectionist measures. As of today (20 July 2014), the GTA has found that the G20 members have implemented 2198 measures that discriminate against foreign commercial interests, of which 1856 are still in effect. For details consult the advanced search page of this site or email Simon Evenett at email@example.com
20 July 2014
On 27 June 2014 the Wall Street Journal published an article describing growing protectionism in the European Union. While no statistics were provided, a number of experts commented on recent developments (involving blocked or modified foreign takeovers) and fears that the next European Commission will weaken key rules.
Readers may be interested in knowing that since 1 January 2014 the members of the European Union have implemented 14 measures that harmed foreign commercial interests and 13 measures that liberalised commerce or made EU commercial policies more transparent. Please note that, if prior experience is anything to go by, reporting lags will result in sharp upward revisions in these numbers. Readers can track the number of measures implemented by the European Union (including those imposed by the European Commission) by using the "advanced search" function on this webste.
The article can be found at:
On 18 June 2014 the Financial Times reported on the latest WTO report on protectionism by the G20 countries. That report can be found at www.ft.com/cms/s/0/95ea22a8-f6ba-11e3-b271-00144feabdc0.html