Protectionism, state discrimination, and international business since the onset of the Global Financial Crisis
Open accessAbstract
The manner and extent of state discrimination against international business since the start of the Global Financial Crisis is documented and interpreted. Without resorting to 1930s-style across-the-board tariff increases, governments have tilted the playing field in favor of local firms so often since November 2008 that 70% of the world’s goods exports competed against crisis-era trade distortions by 2013. Export mercantilism and other forms of selective subsidization are persistent features of crisis-era policy response. Available evidence also casts doubt on the notion that foreign direct investments have been treated as well as successive World Investment Reports contend.
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From Global value chains: A review of the multi-disciplinary literature (2020) · cites this paper as Evenett, 2019
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- Authors
- Evenett, S. J.
- Affiliations
- University of St.Gallen (CH)
- Corresponding author
- Evenett, Simon J
- ORCID
- Evenett, Simon J
- Venue
- Journal of International Business Policy
- Published
- 2019-02-26
- Volume
- 2
- Issue
- 1
- Pages
- 9-36
- ISSN
- 2522-0691 (ISSN-L)
- 2522-0705
- OpenAlex
- W2917940963
- Cited by
- 250
- References
- 52
- Citations by year
- 2026: 23 · 2025: 39 · 2024: 47 · 2023: 43 · 2022: 28 · 2021: 35 · 2020: 31 · 2019: 4
- FWCI
- 52.75
- Type
- journal article
- Language
- en
- Open access
- hybrid
- doi.org
- Licence
- Locations
- Journal of International Business Policy (publishedVersion, cc-by)
- RePEc: Research Papers in Economics (submittedVersion)
- Alexandria (UniSG) (University of St.Gallen) (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Global trade and economics
- Social Sciences › Political Science and International Relations › World Trade Organization Law
- Social Sciences › Business, Management and Accounting › Strategy and Management › International Business and FDI
- Keywords
- protectionism, state discrimination, international business, 2008 financial crisis, trade distortions, foreign direct investment, trade policy, local businesses
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