nber.org - 10/25/2009
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The Roots of Protectionism in the Great Depression
had more countries been willing to abandon the gold standard and use monetary policy to counter the slump, fewer would have been driven to impose trade restrictions. The Great Depression was a breeding ground for protectionism. Output fell, ...
forbes.com - 27 days ago
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forbes.com —
Eighty years ago this week, the stock market
crashed. Although it was more a symptom of the...
economy's underlying problems than a cause of the Great Depression, it is still considered the day the worst economic crisis in American history began. I've ...
(more)
The Great Depression And The Great Recession
economistsview.typepad.com - 10/25/2009
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economistsview.typepad.com —
Lessons from the Great Depression: The Roots of
Protectionism in the Great Depression, by Laurent Belsie, NBER...
Reporter : The Great Depression was a breeding ground for protectionism. Output fell, prices declined, and unemployment rose, ...
(more)
"The Roots of Protectionism in the Great Depression"
nber.org - 10/25/2009
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nber.org —
The Great Depression was marked by protectionist trade
policies and the breakdown of the multilateral trading system....
But contrary to the presumption that all countries scrambled to raise trade barriers, there was substantial cross-country variation ...
(more)
The Slide to Protectionism in the Great Depression: Who ...
Comments
Blog Reactions
"The Roots of Protectionism in the Great Depression"
Economist's View —
... The Roots
of Protectionism in the Great Depression, by Laurent Belsie, NBER Reporter:
The Great Depression was a breeding ground for protectionism. Output fell,
prices declined, and unemployment rose, pressuring governments to do something
to revive their economies, even if that meant limiting imports. But contrary to
popular perception, some countries went much further down this protectionist
road than others, according to "The Slide to Protectionism in the Great
Depression: Who Succumbed and Why?" (NBER Working Paper No. ...
Drawing The Wrong Conclusions About Protectionism
Stefan Karlsson's blog —
... points to a study that links the gold standard to protectionist measures during the 1930s on the basis that countries that remained on the gold standard were more likely to restrict trade than those that didn't. ...
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