'Fixed rates and protectionism, 2009 edition.' Paul Krugman blogs from Quito, Ecuador
Fixed Rates and Protectionism
Paul Krugman, The Conscience of a Liberal, 26th October 2009
Paul Krugman refers to Barry Eichengreen's and Doug Irwin's new paper challenging the conventional wisdom about protectionism in the 1930s, and reflects on the implications from "in the middle of a contemporary example" in Quito, Ecuador.
Krugman refers to a recent Global Trade Alert Report to support his analysis.