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文章基本信息

  • 标题:The Political Economy of Trade-Policy Reform: Lessons from Developing Countries
  • 作者:Razeen Sally
  • 期刊名称:The Journal of International Trade and Diplomacy
  • 印刷版ISSN:1306-1542
  • 出版年度:2008
  • 卷号:2
  • 期号:2
  • 页码:55-96
  • 出版社:Ankara
  • 摘要:There is less appetite for further liberalisation and associated structural reforms now compared with the heyday of the Washington Consensus in the 1980s and 1990s. Reforms have not been reversed, but their forward momentum has slowed. Governments are more sceptical and defensive about further liberalisation; there has been relatively little in the way of “second-generation” reforms (in domestic trade-related regulations and institutions) to underpin external liberalisation and boost competition. The last two years have seen creeping protectionism (rather than major liberalisation-reversal), e.g. FDI restrictions to protect “national champions” in “strategic” sectors, and export controls on agricultural and other commodities to combat food and fuel inflation. It is a matter of speculation whether protectionism will accelerate in response to global financial crisis, but the chances of that happening are increasingly evident.
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