Why protectionism spells trouble for global economic growth

Mar 13, 2019

U.S. President Donald Trump and China's President Xi Jinping shakes hands after making joint statements at the Great Hall of the People in Beijing, China, November 9, 2017

New research suggests protectionist trade policies can cause more harm than good. Image: REUTERS/Damir Sagolj

Jonathan D. Ostry

Professor of the Practice of Economics, Georgetown University

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These results are for the full country sample as listed in Table 2 of NBER WP 25402/CEPR DP13389.

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