Word: protectionists
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Dates: during 2000-2009
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...continued currency reform," as a Treasury spokesman put it. The RMB has recently weakened against the dollar, raising global alarm bells that China might try to devalue it as a way to revive its gasping export sector, putting pressure on other exporters to weaken their currencies and stirring up protectionist sentiment in Washington - particularly among U.S. labor unions, which heavily backed President-elect Barack Obama. For its sake, China blandly replied that the recent fluctuations in the RMB market were in line with market forces...
...which would make Chinese goods more price competitive abroad. If China triggered a wave of devaluations from other East Asian countries that are its export-market competitors, most economists believe the result could be catastrophic, increasing deflationary pressures in the developed world and quite possibly leading to protectionist measures that would add immeasurably to the already grim problems of the global economy...
...Buiter says tough economic times inevitably increase the risk of protectionist policies, including state aid to struggling companies. "Anything that smacks of subsidies is protectionist in consequence and often intent, and can raise temperatures," he says...
...vested in the new idea that growth and conservation are not mutually exclusive terms. It’s paramount to recognizing that CPE is a complete reversal of the old way of thinking. It combats both “neo-liberal” corporate executives and overly protectionist environmental activists trying to bootstrap a green revolution...
...Politics is partly to blame. U.S. laws state that the $1.5 billion or so in food donated yearly by the United States - the world's biggest food donor - must be grown by American farmers and shipped on U.S.-flagged vessels, despite costing billions of dollars. "Congress has been very protectionist about its food-aid program," says Gawain Kripke, policy director of Oxfam America, which has pushed hard for changes in the U.S. laws. "The U.S. is a massive contributor of food aid, but a very inefficient...