Trade and Investment

The reason behind the global surge in protectionism

Economists have traditionally emphasised the benefits of openness to trade, but populists resist it. How generalised is the demand for trade protection? Image: REUTERS/Fabiane Bimmr

Rafael Di Tella

Professor of Business Administration, Harvard Business School

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Note: Figure shows marginal effects of respondents that respond favourably to statement “Government should provide financial assistance to displaced workers” and “Government whould restrict imports” Image: Source: Di Tella and Rodrik (2019)

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Related topics:

Trade and InvestmentGlobal GovernancePublic Finance and Social ProtectionEconomic Progress

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