Saito, Mika; Henn, Christian; Gregory, Rob; McDonald, … - International Monetary Fund (IMF) - 2010
The pace of trade reforms waned from the mid-2000s as protectionist sentiment began to increase. With the onset of the … global financial crisis, reform progress not only halted but began to reverse. As we show in this note, new trade … restrictions have had—in the limited products they targeted—a strong negative impact on trade. The aggregate impact of new …