What
is the challenge for developed countries?
"We ask that the West abandon its neo-mercantilism its
hoarding and protectionism. We ask for equitable access to
the world's markets."
(South Africa's President Thabo Mbeki, June 2004)
 |
"You've
got to threaten protectionism to avoid protectionism."
(Fred Bergsten, director of the Institute for International
Economics, May 2005) |
 |
|
Do
some Western leaders agree?
"Let us make these unacceptable trade subsidies history.
Let us make developed country protectionism history."
(Gordon Brown, Britain's Chancellor of the Exchequer, July
2005)
Which
double standard has long irked development specialists?
"It is incongruous, to put it mildly, that the industrialized
countries that created an international economic architecture
after World War II should reinforce protectionism in their
home markets while preaching the principle of open trade
to developing economies."
(Jean-Pierre Lehmann, professor of political economy at IMD,
December 2002)
Is
todays world trading system the continuation of a historic
process?
"Protectionist barriers and other obstacles to balanced
trade aggravated by the concentration of investments, knowledge
and technology have followed colonial domination."
(Brazil's President Lula da Silva, October 2004)
And
yet, isnt protectionism a global problem?
"I know of no country where the constituency for protectionism
takes long vacations."
(Tomaso Padoa-Schioppa, European Central Bank vice president,
March 2004)
 |
"Let
us make these unacceptable trade subsidies history.
Let us make developed country protectionism history."
(British Chancellor of the Exchequer Gordon Brown,
July 2005) |
 |
|
Do
people proudly wear the "protectionist" label?
"Nobody ever wants to be called a protectionist."
(Daniel T. Griswold, director of the Cato Institute's Center
for Trade Policy Studies, January 2004)
How
does the new head of the WTO view the issue?
"The real challenge that the World Trade Organization faces
is no longer the anti-globalization movement but rising
protectionism in Europe and the U.S."
(Pascal Lamy, incoming director-general of the World Trade
Organization, May 2005)
And
yet, are the benefits of free trade often oversold?
"Simply opening markets and waiting for free trade to solve
problems frequently does not work."
(Clyde Prestowitz, president of the Economic Strategy Institute,
June 2003)
Paradoxically,
can protectionism be a tool to advance free trade?
"You've got to threaten protectionism to avoid protectionism."
(Fred Bergsten, director of the Institute for International
Economics, May 2005)
 |
"Each
year, as more import duties are phased out, the
pain keeps coming. It's getting desperate."
(Jose Maria Imaz, official of a Mexican group of
rural farmers and businesses, December 2002) |
 |
|
Do
some in Europe wish to keep protectionist measures in place?
"Europe should not only protect its internal market and its
national products with custom tariffs, but also with indirect
measures such as health, environmental and safety controls,
applied to goods coming from Asia."
(Giulio Tremonti, Italy's Economy Minister, October 2003)
Why
are Germany and France not moving aggressively to remove trade-distorting
policies?
"Regulatory and protectionist instincts still run deep in
the countries that invented the Napoleonic code and the craft
guild."
(Editorial in The Economist, March 2005)
Are
there other European perspectives?
"Protectionist ideas in the long run will mean less economic
growth and fewer jobs. It is not a sustainable strategy to
shelter ourselves now from imports."
(Thomas Ostros, Sweden's trade minister, April 2005)
What
defines current U.S. trade policies?
"The Bush trade strategy is finally coming into focus. Call
it trade policy on the cheap: Negotiate on multiple fronts
but sign only those deals that don't ask too much of America's
protectionist special interests."
(Brink Lindsey, vice president for research at the Cato Institute,
November 2003)
 |
"We
ask that the West abandon its neo-mercantilism
its hoarding and protectionism. We ask for equitable
access to the world's markets."
(South Africa's President Thabo Mbeki, June 2004) |
 |
|
Should
the United States worry about growing protectionist sentiment
at home?
"The real threat to U.S. hegemony is not that the sentiments
of foreign investors will make foreign debt unsustainable.
It is that protectionism and isolationism at home will put
an end to the dynamism, openness and flexibility that power
the U.S. economy."
(David H. Levey, former managing director of Moody's Sovereign
Ratings Service, and Stuart S. Brown, professor at Syracuse
University, February 2005)
Are
U.S. worries about China overblown?
"If China floods the world with cheap clothing, rival producers
may suffer think Pakistan, Mauritius. But the United States,
a net importer of cheap clothing, is bound to benefit if China
drives the price of T-shirts lower."
(Sebastian Mallaby, Washington Post columnist, April 2005)
How
does Asia view U.S. and EU protectionism?
"The Europeans use health standards to protect their agricultural
markets. Now it appears the United States is moving in the
same direction only using security issues as a protectionist
tool."
(Senior Southeast Asian government official, October 2003)
Why
do some people support protectionism for developing countries?
"The price of coffee is a matter of life or death to millions
of small-scale producers throughout the developing world.
Free trade has left them in economic ruin."
(Bianca Jagger, human rights activist, November 2002)
 |
"Nobody
ever wants to be called a protectionist."
(Daniel T. Griswold, the Cato Institute's Center
for Trade Policy Studies, January 2004) |
 |
|
Do
people on the spot agree?
"Each year, as more import duties are phased out, the pain
keeps coming. It's getting desperate."
(Jose Maria Imaz, official of a radical Mexican group that
represents rural farmers and businesses, December 2002)
What
may be one of the most effective ways of debunking protectionist
arguments?
"If the arguments of the protectionists were valid,
Bangladesh and the Congo would be economic powerhouses, for
they have low wages and few environmental or labor standards."
(Former U.S. National Security Adviser Brent Scowcroft, October
1997)
And
finally, what shadow is looming over global trade?
"A specter is haunting the global economy the specter
of protectionism."
(Financial Times columnist Philip Coggan, November 2003)