Thursday, January 3, 2013

Trade protectionism can not save the selfish

The World Trade Organization recently predicted that the global trade in 2012 grew by only 2.5%, is not only lower than in 2011, and less than half the average of the past 20 years. There are indications that in the future a certain period of time, trade protectionism towards normalization.

Back in early 2009, the WTO set up a working group dedicated to tracking new trade measures taken by each member, and then publish the report in order to increase the transparency of policies to reduce the practice of countries to take trade protection. Although WTO members have pledged to resist trade protectionism, eliminate trade barriers, while avoiding the creation of new barriers for investment and trade in goods and services, imposing new export restrictions, implemented in various fields, including measures to stimulate exports initiatives violation of WTO rules, but in fact increasing trade protectionism measures. WTO Director-General Pascal Lamy said: "As long as the unemployment rate is still stuck on such high levels of trade protectionism will continue to exist."

A noteworthy phenomenon is that the new trade protection measures also showed obvious sexuality. The reform of the European Commission through the Generalized System of Preferences, set up more barriers on a range of products and non-reciprocal agreement entered into free trade with the EU countries, the benefits just as Switzerland and the United States and other wealthy countries. No economic partnership agreement signed with the EU in 18 developing countries each year may therefore be a loss of 50 million euros. More than the total amount of the previous eight years in the past four years, the U.S. government against China to the WTO trade litigation in the areas of photovoltaics, motor vehicles and parts, tires, steel. The end of February last year, the U.S. government has also set up a cross-sectoral trade law enforcement center, for countries, including China, the more stringent trade survey. In addition, a number of countries to ease the employment pressure and corporate difficulties, to continue to find ways to limit imports, leaving the domestic market to the local industry, thereby affecting the recovery of international trade; transnational investment for emerging industries of some countries to take a conservative approach, "National safety, industrial interests "as an excuse to impose an unreasonable restriction.

The free trade system after long-term member of the international community, was able to build after the arduous exploration. History has proved, the rule of law, fair, open, competitive, and should be the protection of the economic rise. But now, the founders of the spirit of free trade has become very popular in the arena of protectionism. Those politicians to pursue market-oriented, and the rule of law, should know how to open and free trade can be mutually beneficial and win-win effect, also be clear that the economic and trade cooperation to give itself brings enormous benefits. Unfortunately, the reality, waving protectionism big stick repeatedly exposed the short-sighted!

The beginning of the outbreak of the international financial crisis, there is a lot of insight cries of maintaining a free and open trade policy, do not give the world economy even worse. 5 years later, this voice in the face of reality Poxian helpless, but the international community is necessary to continue to emphasize a consensus, in the era of economic globalization and the selfish protectionist trade policies in fact impossible to truly save their pursuit of a win-win situation. is a wise choice.

No comments:

Post a Comment