Proof Point
Trade protectionist measures implemented by G20 member countries declined to 340 in 2016 from 400 annual average between 2009 and 2015
Annual Protectionist Measures Implemented by G20 Member Countries
2009 – 2016 (number and percentage)
Proof Point Findings
- Protectionist Measures – Laws or policies hindering trade between nations, such as state aid, procurement localization, import tariffs, and restrictive quotas
- 2016 Protectionism Decline – Measures implemented by G20 governments declined to 340 in 2016, after averaging 400 annually from 2009 to 2015 as member countries recovered from 2009 financial crisis
- G7 and Australia Protectionism – More than half (53%) of protectionist measures implemented in 2016 came from G7 countries (Canada, France, Germany, Italy, Japan, U.K., and U.S.) and Australia, up from 37% in 2009
- BRICS Opening Market – BRICS (Brazil, Russia, India, China, and South Africa) nations opening their markets more with protectionist measures dropping from 153 in 2009 to 111 in 2016
- Key Drivers – Include global competition, economic crisis of 2008-2009, lower foreign direct investment, decline in global trade, and drive to save jobs
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Accelerator |
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Market Disruption |
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Sector |
Wholesale and Retail Trade
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Source |
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Date Last Updated |
July 12, 2017
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