Keyword: trade policy

Protectionism and the Economic Meltdown: How About Going Beyond a Crisis Response?

Picture: World Development Movement Stephen Greenberg - The South African Department of Trade and Industry’s (DTI’s) recent announcement that it is considering the reversal of some tariff cuts appears to fly in the face of a global anti-protectionist rhetoric. At the recent G20 Summit to discuss responses to the crisis engulfing the world’s economies, politicians were falling over each other to reject ‘isolationism’ and protectionism. Everywhere the bogey of protectionism is being warned against - not only by the same...