Hidden Protectionism Non-Tariff Barriers and Implications for International Trade. Study of the Ifo Institute on behalf of the Bertelsmann Foundation Final Report (GED Study) on November 17, 2017

Yalcin, Erdal and Kinzius, Luisa and Felbermayr, Gabriel (2017) Hidden Protectionism Non-Tariff Barriers and Implications for International Trade. Study of the Ifo Institute on behalf of the Bertelsmann Foundation Final Report (GED Study) on November 17, 2017. UNSPECIFIED.

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Abstract

Over the past months there has been a steady increase in international anti-trade rhetoric around the world. In fact, already after the dramatic collapse of international trade in the wake of the financial crisis in 2007/08, there was a common fear that governments may respond to domestic economic challenges by increasing tariffs and other trade barriers to protect their economies. Such an uncoordinated trade policy would have possibly satisfied domestic interests in the short run as a symbolic reaction but at the same time it would have resulted in an even stronger slow-down in economic growth. One big difference in how countries reacted to the recent global financial crisis of the 21st century.

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