Macroeconomics

Financial system

Algorithm

Foreign direct investment

Protectionism

Economics

Market economy

Computer science

World trade

Business

International trade

Keynesian economics

Subsidy

Tariff

Politics

Political science

International economics

Investment (military)

Financial crisis

Mercantilism

State (computer science)

Journal of International Business Policy

The manner and extent of state discrimination against international business since the start of the Global Financial Crisis is documented and interpreted. Without resorting to 1930s-style across-the-board tariff increases, governments have tilted the playing field in favor of local firms so often since November 2008 that 70% of the world’s goods exports competed against crisis-era trade distortions by 2013. Export mercantilism and other forms of selective subsidization are persistent features of crisis-era policy response. Available evidence also casts doubt on the notion that foreign direct investments have been treated as well as successive World Investment Reports contend.

Protectionism, state discrimination, and international business since the onset of the Global Financial Crisis