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Paperback Local Content Requirements: A Global Problem Book

ISBN: 0881326801

ISBN13: 9780881326802

Local Content Requirements: A Global Problem

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Format: Paperback

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Book Overview

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, economists underestimated the incidence of new protectionism because policymakers increasingly turned to more...

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