Crisis-era protectionism and the multilateral governance of trade: an assessment
评估了危机时期针对跨境商业的歧视性政策下多边贸易治理的现状与改革前景,发现现有规则不完善、合规激励弱且易被规避,需彻底修订才能带来更多克制。
This paper examines the multilateral governance of trade along with the prospects for its meaningful reform, in the light of recent, crisis-era discrimination against the many types of cross-border commerce. Prior episodes of protectionism provide a useful benchmark. The findings are not optimistic. The current set of multilateral rules is incomplete, has weak incentives for compliance, and can be readily circumvented. Only a far-reaching revision of these rules could induce more restraint.