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CIAO DATE: 08/07
Volume 12, Number 1, January 2007
Benefits of Trade: Costs of Protectionism
Download Complete Issue (PDF, 30 pages, 2.9 MB)
Introduction (PDF, 1 page, 83 KB)
John Veroneau, Deputy U.S. Trade Representative
Why Liberalize Trade? (PDF, 4 pages, 318 KB)
Christina Sevilla, Deputy Assistant U.S. Trade Representative
Opening trade fuels growth and raises millions of people out of poverty.
Protectionism and Politics (PDF, 4 pages, 384 KB)
Bruce Stokes, International Economics Columnist, National Journal
Responding to political pressure, governments have protected their producers from imports. As the problem of protectionism is political, so must the solution be.
Developing Countries Need to Open Markets to Each Other (PDF, 3 pages, 311 KB)
David Dollar, Country Director for China and Mongolia, World Bank
Fully half of the benefits to developing countries from stalled multilateral trade negotiations would come from getting better access to each other's markets.
Calming Workers' Fears About Trade (PDF, 3 pages, 149 KB)
David H. Feldman, Professor of Economics, College of William and Mary
Most changes in the workplace leading to job displacement can be attributed to advances in technology, but it is increasing imports that attract more blame.
Learning the Correct Lesson About Protectionism (PDF, 3 pages, 214 KB)
Gary Hufbauer, Senior Fellow, and Costantino Pischedda, Research Assistant, Peterson Institute for International Economics
War-ravaged East Asian economies briefly used protectionist policies to revive their economies, but only when they opened their markets to imports did they realize enduring rapid expansion.
A Clear Model for Reform (PDF, 2 pages, 184 KB)
Jonathan Kimball, Director for Central and Southeastern Europe, U.S. Department of Commerce
The difference in economic development between the many former Soviet bloc countries that have opened their markets and the few that have not done so is sharp and revealing.
How the WTO Fights Protectionism (PDF, 2 pages, 177 KB)
Carla A. Hills, Chairman and Chief Executive Officer, Hills & Company
The WTO is the world's greatest bulwark against protection.
Bibliography (PDF, 2 pages, 70 KB)
Internet Resources (PDF, 1 page, 74 KB)