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links for 2009-03-04
Economist's View —
‘No Deal’ Republicans Map Disaster of Own Making - John M. Berry
Role-playing games - Free exchange
Social entrepreneurs - Understanding Society
Yet another cut at the recent retail price data - macroblog
More Navel-Gazing from Academic Economists - Freakonomics
Trade protection: Incipient but worrisome trends - voxeu.org
Permanent and Transitory Components of Real GDP - Brad DeLong
Greg Mankiw Gets Technical - Arnold Kling
Roots of evil (wonkish) - Paul Krugman
Team Obama on ...
Protectionism is Happening NOW
Club for Growth —
From a report written by Elisa Gamberoni and Richard Newfarmer of the World Bank:
Since the beginning of the financial crisis, officials have proposed and/or implemented roughly 78 trade measures, according to the World Bank’s monitoring list of trade and trade-related measures. Of these, 66 involved trade restrictions, and 47 trade-restricting measures eventually took effect.
Emerging economies should liberalise now to become major players in global economic
VoxEU.org: Recent Articles —
Developed countries are no longer solely responsible for the future of the world economy. As a result of their economic importance, the newly industrialised and the transition economies will participate at the G20 Summit in London next week. They have already jointly supported the official rejection of protectionism ( New York Times 2008). Thus far, European invitations for greater participation by transition economics in decision-making have been half-hearted at best ( Economist 2009). But the crisis may result in real shifts of political weights, if the transition economies take advantage of the circumstances. To grab this ...
A crisis round of trade negotiations?
VoxEU.org: Recent Articles —
Protectionism is steadily mounting. The wide spectrum of new protectionist measures share two features they are WTO-legal and largely unaddressed by the ongoing Doha Round. The current solution adopted by the world s leading countries in the G20 is a re-statement of good intentions not to erect new barriers and to try, yet again, to complete the Doha Round. The former has clearly not worked because seventeen of the G20 countries have imposed restrictions ...
Trade and the London Summit outcome
VoxEU.org: Recent Articles —
The London Communiqu confirms that issues surrounding international trade have moved up the G20 agenda. The commitments made could have been much stronger, but I believe that what was agreed on protectionism can be graded as not bad . On the Doha Round, the Summit s pledge was pitiful, it should be graded very sad . Yet, given the current disarray in the US s trade policymaking machinery, it was perhaps the best that could have been accomplished. What did they agree in London? The London Summit Communiqu is no weaker than the Washington Declaration and in two important ways, it is stronger and more credible. As Table 1 (end of ...
