Local Content Requirements: A Global Problem
(eBook)

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Published
Peterson Institute for International Economics, 2013.
Format
eBook
ISBN
9780881326819
Status
Available Online

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Language
English

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Citations

APA Citation, 7th Edition (style guide)

Gary Clyde Hufbauer., Gary Clyde Hufbauer|AUTHOR., Jeffrey J. Schott|AUTHOR., Martin Viero|AUTHOR., & Erika Wada|AUTHOR. (2013). Local Content Requirements: A Global Problem . Peterson Institute for International Economics.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Gary Clyde Hufbauer et al.. 2013. Local Content Requirements: A Global Problem. Peterson Institute for International Economics.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Gary Clyde Hufbauer et al.. Local Content Requirements: A Global Problem Peterson Institute for International Economics, 2013.

MLA Citation, 9th Edition (style guide)

Gary Clyde Hufbauer, et al. Local Content Requirements: A Global Problem Peterson Institute for International Economics, 2013.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouped Work ID12f8c620-4f33-5ae7-e137-36c248e5cd0f-eng
Full titlelocal content requirements a global problem
Authorhufbauer gary clyde
Grouping Categorybook
Last Update2022-10-18 21:40:25PM
Last Indexed2024-03-28 02:13:27AM

Book Cover Information

Image Sourcehoopla
First LoadedAug 6, 2022
Last UsedDec 28, 2023

Hoopla Extract Information

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    [synopsis] => In the wake of the Great Recession of 2008-09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great Depression of the 1930's. To some surprise, officials were more restrained and largely avoided traditional forms of protection (tariffs and quotas). As a result, economists underestimated the incidence of new protectionism because policymakers increasingly turned to more opaque behind-the-border nontariff barriers (NTBs). Using a combination of statistical analysis and case studies, the authors show that local content requirements (LCRs), a form of NTB, have become increasingly popular. How much was global trade actually reduced on account of LCRs? A conservative estimate might be $93 billion. Case studies featured cover the healthcare sector in Brazil, wind turbines in Canada, the automobile industry in China, solar cells and modules in India, oil and gas in Nigeria, and "Buy American" restrictions on government procurement.
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