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  4. How Much Neoprotectionism is There in Contemporary World Trade?
 
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How Much Neoprotectionism is There in Contemporary World Trade?

Type
Journal article
Language
English
Date issued
2024
Author
Pawlak, Karolina 
Faculty
Wydział Ekonomiczny
PBN discipline
economics and finance
Journal
Central European Economic Journal
ISSN
2544-9001
DOI
10.2478/ceej-2024-0003
Web address
https://sciendo.com/article/10.2478/ceej-2024-0003
Volume
11
Number
58
Pages from-to
21-32
Abstract (EN)
Negative effects of globalisation and liberalisation of trade are countered using protectionist measures. Contemporary protectionism, typically termed neoprotectionism, is put into practice using a wide variety of non-tariff instruments, with a considerably lesser degree of transparency compared to tariffs, which are more difficult to identify and measure. The aim of this paper is to determine the dynamics of protection, as well as the category and geographical structure for the use of trade policy instruments in the world goods trade in the years 2010–2022. The study was based on source materials from the Global Trade Alert (GTA) and the United Nations Conference on Trade and Development (UNCTAD). The conducted analyses showed that interventions taken in the world goods trade in the years 2010–2022 were primarily trade restrictions executed using non-tariff measures. In terms of its geographical distribution the relatively greatest scope of protectionism observed was for the trade policy of China and the USA. In terms of the product category, the sale of agricultural produce was protected the most. The realised model of protectionism differed depending on the group of products being traded, the standard of economic development of the country implementing trade policy measures, its export specialisation and the degree of self-sufficiency. The protectionist character of the trade policy was also enhanced during economic crises.
Keywords (EN)
  • trade protection

  • non-tariff measures to trade

  • harmful policy instruments

  • liberalising policy instruments

  • trade in goods

License
cc-bycc-by CC-BY - Attribution
Open access date
March 28, 2024
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