Word: protectionists
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Dates: during 2000-2009
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...argued that the West had grown rich by relying on tariffs and industrial policy, and that whatever economic growth the developing world had seen following World War II had resulted from their use of similar protectionist trade policies...
...much time, said Tyson and Naim. "Europe has a tsunami coming its way this year," warned Naim. He predicted that as the weak dollar undermines European companies, European countries will be paralyzed by a clash between businesses urging far greater flexibility and unions and other groups seeking protectionist barriers. "This is the clash we're going to see emerging powerfully in Europe in the next 24 months," Naim said...
...national control over [oil and gas] developments and leaving less room for non-national companies to participate," says Peter Mellbye, StatoilHydro's head of international exploration and production. While key Middle Eastern nations have long held their domestic oil companies and development projects in a tight grip, a more protectionist stance among energy powers elsewhere has, Mellbye says, "fundamentally changed the picture...
...whose prices are lower than the prices of their American-made counterparts,” is in fact beneficial for the United States. Cheap imports are an incredible boon for Americans, a fact that is evident to anyone who has been to Wal-Mart. In her critique of certain protectionist policies, Lescroart falls into the general protectionist fallacy of seeing the availability of cheap products for Americans as a bad thing simply because those products come from outside our borders. DANIEL P. ROBINSON ’10 Cambridge, MA October...
...legislation’s political consequences, however, are manifest. By taxing Chinese imports, the United States would adopt a protectionist stance that would set an international precedent contradictory to the promotion of free trade. Further, in forcing OPIC to deny new financing to countries with “fundamentally misaligned currencies,” the bill would distance the U.S. from the very emerging market economies that the government would want to participate in free trade...