from protectionism to neo-protectionism: new dimensions of liberal regulation
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2017
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Abstract
The article summarizes the main concepts of the policy of protectionism. It was
proved that the shaded or semi-open nature of protectionism of the 21st century model does
not fall under classical manifestations of protectionism recorded in the WTO documents, and
therefore further hybridization of its forms actualizes the need for their classification in order
to attract the attention of the scientific community to new challenges to the global regulation
of the system of international economic relations. It was discovered, that protectionism in the
process of economical globalization has evolved from trade policy based on introduction of
tariff limitations, and later from non-tariff protection instruments, into a complex
comprehensive state mechanism for increasing competitiveness of the national economy in the
process of globalization, which we call neo-protectionism.
Was provided a classification of neo-protectionism and were singled out forms of manifestation
of each of its types. Were established country features of neo-protectionism policy. Was
established that flexibility of tools for implementing neo-protectionism policy, absence of a
unified approach to interpreting the methods of achieving goals announced by the state,
differences in priorities and unity of the goals of all instruments, which are to stimulate
restoration of economic growth, can be considered as determinative signs of new regulation. It
was found that state intervention becomes an inherent characteristic of liberal politics. Was
observed that neo-protectionism with its flexible instruments becomes a policy of reducing
asymmetric distribution of benefits from globalization and reaction to global imbalances,
which again emphasizes the thesis that state participation in regulation of economic processes
is an objective reality, and we are witnessing transformation of the previously announced
trend towards deregulation into re-regulation.
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| Authors | ;Panchenko Volodymyr;Reznikova Nataliia |
| Journal | rudn journal of philosophy |
| Year | 2017 |
| DOI |
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| Keywords | Keywords not found |
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