Proof Point
State aid most implemented protectionist policy by G20 countries since 2008, strengthening domestic capabilities rather than restricting global trade
Protectionist Measures Implemented by G20 Member Countries
2008 – 2016 (number)
Proof Point Findings
- Protectionist Measures – Laws or policies implemented to influence trade dynamics between nations, by restricting imports, promoting exports, supporting local companies, and delaying reduction of excess capacity
- Domestic Strengthening Policies – State aid most used protectionist policy from 2008 to 2016 with 1,456 implementations, bolstering local producer capability to compete with imported goods and services for consumer attention
- Establishing Trade Barriers – Trade defense (e.g. anti-dumping, anti-subsidy, and safeguards) second most implemented protectionist measure, with 1,141 implementations between 2008 and 2016, followed by import tariffs in third with 600
- Key Drivers – Include intensifying global competition, proliferation of less expensive alternatives from developing markets, 2009 financial crisis, and increasing government support on local producers
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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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