BNET Business Dictionary
Business Definition for: Protectionism
- a government economic policy of restricting the level of imports by using measures such as tariffs and NTBs in order to protect a country's domestic industries
Wiktionary Definition for: Protectionism
- the policy of protecting the domestic producers of a product by imposing tariffs or quotas on imports
Additional Resources
- Rising Protectionism Threatens World Trade -- And U.S. Jobs
- Ever since Congress imposed a Buy American package as part of the stimulus plan, politicians and economists have been warning about the dangers of protectionism in a contracting world economy. We're now seeing the first indications that those fears may be well founded, with potentially serious consequences for the health...
- Blog posts 2009-04-02
- Obama Seeks Rebalancing, Asia Warns of Protectionism
- By Bill TarrantSINGAPORE (Reuters) - U.S. President Barack Obama called on Saturday for a new strategy to rebalance global growth, but leaders around the Pacific rim, gathering for a weekend summit, took aim at signs of U.S. trade protectionism.Obama, who arrived in Singapore late on Saturday for the Asia Pacific...
- News items 2009-11-14
- Obama Seeks Rebalancing, Asia Warns of Protectionism
- By Bill TarrantSINGAPORE (Reuters UK) - U.S. President Barack Obama called on Saturday for a new strategy to rebalance global growth, but leaders around the Pacific rim, gathering for a weekend summit, took aim at signs of U.S. trade protectionism.Obama, who arrived in Singapore late on Saturday for the Asia...
- News items 2009-11-14
- Obama Seeks Rebalancing, Asia Warns of Protectionism
- By Bill TarrantSINGAPORE (Reuters) - President Barack Obama called on Saturday for a new strategy to rebalance global growth, but leaders around the Pacific rim, gathering for a weekend summit, took aim at signs of U.S. trade protectionism.Obama, who arrived in Singapore late on Saturday for the Asia Pacific Economic...
- News items 2009-11-14
- CHINA APPEALS FOR EXCHANGE STABILITY AND FIGHT AGAINST PROTECTIONISM
- AsiaInfo Services 05-14-2002 China Appeals for Exchange Stability and Fight Against Protectionism SHANGHAI, May 14, 2002 AsiaPort via COMTEX -- Jin Liqun, vice Minister of Ministry of Finance, expressed recently at the 35th Asian Development AsiaInfo Services ...
- Research articles 2002-05-14
- Bank ins. rhetoric suffers from protectionism. (Agent-to-Agent) (Column)
- If there's anything to be learned from the humiliating escapades of George Bush and his cast of whiners in Japan earlier this year, it's that the protectionism that sells to the constituents at home often withers under the heat of outside scrutiny. If there's...
- Research articles 1992-02-10
- Wealthy Countries' Trade Policies Sap Economies of Developing Nations; New Research Quantifies Harm of Agricultural Subsidies, Protectionism
- WASHINGTON, Aug. 26 /U.S. Newswire/ -- Protectionism and subsidies by industrialized nations cost developing countries about US$24 billion annually in lost agricultural and agro-industrial income, according to a study released today by the International FWASHINGTON, Aug. 26 /U.S. Newswire/ -- Protectionism and subsidies by industrialized nations cost developing countries about...
- Research articles 2003-08-26
- ECB chief Trichet warns protectionism hurting growth
- LONDON AFP ? Rising US protectionist sentiment is crimping economic growth, though a euro-zone recovery is nevertheless set to pick up speed, European Central Bank governor Jean-Claude Trichet said. Asked what he thought about recent steps taken by the United States, including plans to slap quotas on some Chinese...
- Research articles 2003-11-24
- Protectionism is not the answer
- Protectionism Is Not The Answer Protectionist forces in Congress are trying to gain support by claiming, in effect, that "we're the only game in town." The Reagan administration, they argue, has done nothing to deal with problems caused by other nations' unfair trade practices, and protectionism offers the only...
- Research articles 1986-09-01
- British finance minister condemns 'new protectionism' in EU
- MANCHESTER, England AFP — British Finance Minister Gordon Brown condemned the "new protectionism" seen during the European Union's recent textile dispute with China, warning the bloc it must adapt to the realities of a global economy. "There is no hinding place in a new protectionism that will try to...
- Research articles 2005-09-09
- Protectionism debate clouds eurozone ministers meet
- BRUSSELS AFP — A growing storm over protectionism in Europe clouded talks between eurozone finance ministers as they argued over the role of the state in their economies. Smoothing over differences between member states, Luxembourg Prime Minister Jean-Claude Juncker insisted after chairing the meeting that "the exchanges were healthy,...
- Research articles 2006-03-13
- Senior UN official blasts West for "investment protectionism"
- MANIL AFP — A senior UN official on Thursday slammed western Europe for "blatant" protectionism as corporate raiders from Asia and the developing world launch more and more takeovers bids for Western companies. UN Conference for Trade and Development secretary-general Supachai Panitchpakdi singled out hosts Germany's call at the...
- Research articles 2007-06-21
- China blasts US 'protectionism', as Paulson seeks stronger yuan
- BEIJING AFP — China's state-run press said Monday a new US currency bill smacked of protectionism as Treasury Secretary Henry Paulson, visiting the Asian giant for economic talks, called for a stronger yuan. The English-language China Daily used its main editorial to criticise the bill which could open the...
- Research articles 2007-07-30
- WTO, World Bank, and IMF chiefs warn against rich-country protectionism.
- M2 PRESSWIRE-17 May 2002-WTO: WTO, World Bank, and IMF chiefs warn against rich-country protectionism C1994-2002 M2 COMMUNICATIONS LTD RDATE:05162002 The heads of the WTO, World Bank and International Monetary Fund on 16 May 2002 urged OECD ministers to give impetus...
- Research articles 2002-05-17
- STATE COUNCIL ISSUES LOCAL PROTECTIONISM BAN
- AsiaInfo Services 05-07-2001 State Council Issues Local Protectionism Ban BEIJING, May 07, 2001 AsiaPort via COMTEX -- Xinhua News Agency was authorized to publish Sunday a circular issued by the State Council prohibiting protectionism by localities in any form, in a...
- Research articles 2001-05-07
- A new protectionism: dashed hopes and perhaps worse for US trade policy
- Over the next 14 months, culminating in US elections in November 2008, the world will learn whether America's budding protectionism reaches full bloom or is just a passing fancy. The global economy can shake off a failed Doha Round of multilateral trade negotiations without missing two beats. But if the...
- Research articles 2007-10-01
- Beware Trade Protectionism
- As if there weren't worries enough about the economy, an old monster seems to be rearing its ugly head. A series of nations around the world are adopting protectionist trade policies to shore up their home industries as they, too, sufffer through the worldwide recession. France is...
- Blog posts 2008-12-22
- G-20 on Protectionism: A Cause for Optimism?
- Ravi Nagarajan submits: Leaders of the Group of 20 nations released a communiqué yesterday outlining a number of measures intended to help the global economy recover from the current worldwide recession. While the details of the massive $1 trillion commitment quadrupling the capacity of the IMF has dominated most...
- External links 2009-04-03
- Jagdish Bhagwati: The Perils of Protectionism
- The respected global economist on America's growing and alarming me-first attitude, and how well the Obama administration is acquitting itself on global trade issues. Do you see a resurgence of economic nationalism in the U.S., or elsewhere? Protectionist...
- Articles 2009-04-15
- China "gravely worried" by American protectionism: Vice Premier
- WASHINGTON AFP ? China's Vice Premier Wu Yi said she is extremely concerned over increasing American protectionism, including unfair treatment of Chinese goods. She reminded the United States that free trade was a two-way street. "Trade protectionism has been on the rise recently in the US and some...
- Research articles 2004-04-22
