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Topic: Protectionism

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In the News (Thu 21 Mar 19)

  Protectionism - Wikipedia, the free encyclopedia
Protectionism is the economic policy of restraining trade between nations, through methods such as high tariffs on imported goods, restrictive quotas, a variety of restrictive government regulations designed to discourage imports, and anti-dumping laws in an attempt to protect domestic industries in a particular nation from foreign take-over or competition.
Protectionism has frequently been associated with economic theories such as mercantilism, the belief that it is beneficial to maintain a positive trade balance, and import substitution.
In its historic sense, protectionism is the economic policy of relying on revenue tariffs for government funding in order to reduce or eliminate taxation on domestic industries and labor (e.g., corporate and personal income taxes).
en.wikipedia.org /wiki/Protectionism   (923 words)

 Encyclopedia :: encyclopedia : Protectionism   (Site not responding. Last check: 2007-11-01)
Protectionism is the economic policy of protecting a nation's manufacturing base from the effects of foreign competition by means of very high tariffs on imported goods, restrictive quotas, or other means of reducing importation.
Protectionism has frequently been associated with mercantilism, the belief that it is beneficial to maintain a positive trade balance; and import substitution.
Recent examples of protectionism are typically motivated by the desire to protect the livelihoods of politically important domestic industries, such as farmers in the United States and European Union, who in the absence of tariffs might be unable to compete with both lower-cost and untaxed foreign producers.
www.hallencyclopedia.com /Protectionism   (839 words)

 Protectionism - Free Talk Live   (Site not responding. Last check: 2007-11-01)
Protectionism is when the government through use of force imposes restrictions upon trade between one country and another.
Protectionism is a form of interventionism and is as such bad for the economy.
Protectionism is also an infringement on property rights: government should not be able to draw an arbitrary line and say that one is allowed to trade with the individuals on one of the sides of the line, but not those on the other.
freetalklive.com /wiki/index.php?title=Protectionism   (116 words)

Public discussion of protectionism would be better if its proponents would argue that, although it involves economic costs, these are outweighed by noneconomic benefits.
In Canada, arguments for protectionism are generally not supported by residents in 8 provinces who observe that the tariff diversifies production mainly in Ontario and Québec.
The phenomenon of provincial protectionism, and the suspicion that there would also be municipal protectionism if it were feasible to restrict trade between cities - as it was in the Middle Ages when local protectionism flourished - suggests that protectionism is not simply a matter of national economic diversification or national identity.
www.thecanadianencyclopedia.com /index.cfm?PgNm=TCE&Params=A1ARTA0006522   (935 words)

 The Dangerous Nonsense of Protectionism
Standard protectionism is just as preposterous, but the rhetoric of nationalism and national boundaries has been able to obscure this vital fact.
Protectionism is simply a plea that consumers, as well as general prosperity, be hurt so as to confer permanent special privilege upon groups of less efficient producers, at the expense of more competent firms and of consumers.
Protectionism is also peculiarly destructive because it acts as a coerced and artificial increase in the cost of transportation between regions.
www.mises.org /rothbard/protectionism.asp   (3660 words)

 The Political Economy of Protectionism   (Site not responding. Last check: 2007-11-01)
Because of protectionism in such industries as steel, automobiles, textiles, and footwear, unions once prospered by imposing featherbedding rules and by bargaining for supra-competitive wages.
Thus, protectionism may have helped unions in the short run, but is a main cause of their current malaise.
Protectionism may provide some short-term benefits to a small number of special interests, but at much greater costs to the rest of society.
www.libertyhaven.com /theoreticalorphilosophicalissues/ethics/politicaleco.html   (3972 words)

 Protectionism and Unemployment | The Foundation for Economic Education: The Freeman, Ideas on Liberty
Protectionism, which proposes to use the authority of government and its instruments of coercion to restrict trade with foreigners, builds on this psychological foundation.
Protectionism also draws strength and support from the Keynesian mandate that government is responsible for full employment and that it must use its fiscal powers in a contracyclical manner.
Protectionism is visible in the trade adjustment assistance granted to workers, in agreements with foreign exporters, the establishment of the International Trade Commission, and other concessions granted to interests with congressional clout.
fee.org /publications/the-freeman/article.asp?aid=1616   (5065 words)

 A World Connected - Protectionism: Tariffs, Subsidies, and Trade Policy   (Site not responding. Last check: 2007-11-01)
Most of the time, however, the costs of protectionism go unnoticed, because protected jobs in one industry are concentrated and easy to see, while the costs throughout the economy are widely dispersed, over a hundreds of industries and millions of consumers.
"Protectionism" when used to describe a policy agenda of high tariffs and subsidies is a term that is apt and misleading at the same time.
Each argument for protectionism has merits: protectionism does save jobs in protected industries, can sometimes save those industries from financial catastrophe, and can be useful sometimes when it comes to negotiating trade agreements with other countries.
www.aworldconnected.org /article.php/489.html   (2481 words)

 FoEI Citizens' Guide to TES: 'Green Protectionism'   (Site not responding. Last check: 2007-11-01)
'Protectionism' is a somewhat pejorative word traditionally associated with interventionist measures such as tariffs or regulations that protect a domestic industry at the expense of a foreign one.
Green protectionism is a phrase used to describe the use of environmental conservation as an excuse to intervene in the trade system in favour of domestic industries and to the detriment of foreign industries.
Green protectionism is very much viewed as just another way for the developed world to pursue its trade interests and, given past performance, such a point of view is not without justification.
www.foei.org /trade/activistguide/greenpro.htm   (1648 words)

 Protectionism - Voyager, the free encyclopedia   (Site not responding. Last check: 2007-11-01)
Protectionism is the economic policy of protecting a nation's manufacturing base from the effects of foreign competition by means of high tariffs on imported goods, restrictive quotas, and other means of reducing importation.
In this version of protectionism, no tariff revenue is generated for the government and the consumer is burdened both with high prices on the domestic product and no income or other domestic tax relief.
Recent examples of protectionism are typically motivated by the desire to protect the livelihoods of individuals in politically important domestic industries, such as farmers in the United States and European Union, who in the absence of tariffs might be unable to compete with both lower-cost and untaxed foreign producers.
www.voyager.in /Protectionism   (1056 words)

 The Immorality of Protectionism
Protectionism is an economic no-fault insurance policy: no matter how often an American company crashes in the marketplace, the consumer must pay the bill.
Protectionism is a Dred Scot policy for consumers — the federal government promising not to let American consumers escape from American businesses who want to charge them higher prices.
Protectionism is nothing but politically controlled trade — which means political control of the life of the average citizen.
www.fff.org /freedom/0994c.asp   (1824 words)

 Linguistic protectionism - Wikipedia, the free encyclopedia
It has been suggested that this article or section be merged into Linguistic purism.
Linguistic protectionism is any state policy introduced to protect a given language from the expansion of a "stronger" language (usually a language with a much greater number of speakers), or against mixing (or deliberate compatibility) with a different dialect or a closely related language.
The opposition to the latter form of language expansion is known as purism.
en.wikipedia.org /wiki/Linguistic_protectionism   (889 words)

 The Myths and Realities of Trade Protectionism
There is no evidence that protectionism produces economic benefits that outweigh its costs, but there is plenty of evidence that it does more harm than good.
Advocates of protectionism argue that the United States is losing its technological edge to countries like Japan, mainly as a result of the U.S. dedication to free trade.
Advocates of trade protectionism argue that the U.S. should pull out of these and related institutions and agreements because they all infringe on American sovereignty and represent a move toward world government.
www.heritage.org /Research/TradeandForeignAid/BG1077.cfm   (4899 words)

 Protectionism, Old and New   (Site not responding. Last check: 2007-11-01)
Protectionism, which is the policy of protecting home industries from foreign competition, has many origins.
Protectionism builds on the governmental power to tax one man to help the business of another.
Protectionism receives its political strength from advocates of political power who welcome additions to governmental power.
www.libertyhaven.com /theoreticalorphilosophicalissues/protectionismpopulismandinterventionism/oldnew.html   (1062 words)

 Protectionism never helps | Perspectives | CNET News.com
One typical method for implementing protectionism is to offer subsidies or tariff advantages to local companies such that they have an advantage vis-a-vis foreign competition.
Protectionism is inconsistent with the entrepreneurial mind-set.
It is hard to imagine a successful entrepreneur arguing that he or she deserves a job over someone else who is equally skilled and willing to work for a lower wage.
news.com.com /2010-1022_3-5208178.html   (1294 words)

 Finance & Development, September 2001 - Targeting Rich-Country Protectionism: Jubilee 2010 et al.
A small yes but a big no. Even as we condemn rich-country protectionism, we must never forget to remind the poor countries that their own trade policies are often the cause of their dismal export—and, hence, economic—performance.
Even though the rhetoric against rich-country protectionism can be corrected to avoid the unwitting propagation of fallacies that could prove fatal to good trade policy in the poor countries, it still cannot deliver what we seek.
This requires that they put their weight behind the dismantling of rich-country protection on labor-intensive products, but at a pace and with institutional support for adjustment and retraining that are compatible with a humane concern for rich-country workers in these uncompetitive industries.
www.imf.org /external/pubs/ft/fandd/2001/09/bhagwati.htm   (1141 words)

 Stealth Protectionism is the Problem | TPMCafe
Protectionism breads more, not less, pressure to import other goods to offset the inflationary effects of protectionism.
US protectionism is already here, and is already rising, and not, in the main, in connection with protectionism in industrial goods production, which is the area where protectionism, called as such, is still semi-respectable among its adherents.
Instead, it is protectionism in allocation - meso√ęconomic protectionism, rather than pure micro protectionism, that is protection against specific goods or countries, or macro protectionism, rather than currency manipulation or capital controls, that is at the root of the issue.
americaabroad.tpmcafe.com /node/30028   (3550 words)

 Protectionism Will Kill Europe: Newsroom: The Independent Institute
Protectionism is gaining ground even in member states such as Italy as a reaction against France– top politicians from the left and the right have been calling for a retaliation against French companies.
Such an uncompetitive environment is not good for consumers, employees, and shareholders, who are prevented, respectively, from buying the best products, working for the more efficient and reliable companies, and getting the highest value for their investments.
In the energy sector, protectionism is even more harmful because, given the capital-intensive nature of investments, companies need to be big and healthy, not addicted to public money or state protection.
www.independent.org /newsroom/article.asp?id=1699   (781 words)

 Deregulation or Protectionism? - Global Issues
Protectionism is often referred to as being a barrier to free trade.
Too much deregulation of certain vital services, some of which could be seen as fundamental rights (such as health and education services) could lead to the inability to provide standards for the full range of the population and less protection for domestic industries against often larger or transnational corporations.
Developed countries are in effect offering to cut such tariffs [of their more inefficient industries that now need protecting behind high tariffs] in return for across-the-board cuts in tariffs by developing countries, including those protecting learning in skill- and technology-intensive industries that should eventually be removed with maturity.
www.globalissues.org /TradeRelated/FreeTrade/ProtectOrDeregulate.asp   (6220 words)

 Protectionism Didn't Help Copper - Mises Institute
The lawyers and accountants for each of the companies and the industry group spent hours collecting data to support the case and preparing scripts to be used for testimony in support of the protectionism.
Local politicians were brought in to voice their two cents and to support the claim for protectionism.
Large hearings and media events were held in Tucson for industry executives and expert witnesses who flew in to give their testimony and flew out after they were finished.
www.mises.org /fullstory.asp?control=1290   (1577 words)

 AEI - Short Publications
That the rich countries have not fully dismantled their tariff barriers and that this hurts not only themselves but also the poorest among the poor countries (particularly in the case of labor-intensive industries) has been known, and the situation condemned by trade economists, for at least a quarter of a century.
The recent castigation of rich-country protectionism by the heads of international agencies and in the media, while welcome, is therefore little more than a reiteration of the obvious.
But unaccompanied by a simultaneous focus on the protectionism of the poor countries, it has led to an encouragement of a number of fallacies that pose a serious threat to the making of good trade policy in the poor countries.
www.aei.org /publications/pubID.13356/pub_detail.asp   (1656 words)

 AlterNet: Blogs: Echo Chamber: So what's so wrong with protectionism?
The image of hoary protectionism lurking on the horizon can be very effective for powerful interests seeking to push their agendas, but it has nothing to do with real world economic policy.
Baker says he doesn't know if "selective protectionism of the 'free traders' is due to dishonesty or simply bad economics." I'll vote for dishonesty.
Protectionism means protecting and advancing the interests of your nation's economy and workers.
www.alternet.org /blogs/echochamber/36302   (1709 words)

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