Statistical analysis of global trade impacts for LCRs provides empirical evidence of trade restrictions
Case studies from healthcare, wind turbines, automotive, solar, oil and gas sectors offer concrete examples
Examines both positive and negative effects of LCRs to inform policy debates
Focuses on both developed and developing economies for a comprehensive perspective
Summarized by Shop
In the wake of the Great Recession of 2008–09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great Depression of the 1930s. To some surprise, officials were more restrained and largely avoided traditional forms of protection (tariffs and quotas). As a result,
