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What is Protectionism

Handbook of Research on Supply Chain Resiliency, Efficiency, and Visibility in the Post-Pandemic Era
It is a commercial policy established by a government that aims to protect the national industry against foreign competition with the application of tariffs or any other type of import restriction.
Published in Chapter:
Supply Chain Resilience as a Productive Relocation Strategy for Multinational Companies
José G. Vargas-Hernández (Instituto Tecnológico Mario Molina, Unidad Académica Zapopan, Mexico) and María Fernanda Higuera (Autonomous University of Sinaloa, Mexico)
DOI: 10.4018/978-1-7998-9506-0.ch006
Abstract
This chapter aims to critically analyze the implications that the national protectionist policies have on the global supply and value chains and the relocation of production. The analysis is based on the assumptions that the global economy is facing the possibility of decoupling of many trade connections, and this trend favors deglobalization processes that have long been promoted by populism, nationalism, and economic protectionism. It is concluded that global supply, production, and value chains, although being economically efficient, are no longer any more secure under national protectionist policies, and therefore, the relocation of production processes is mainly due to the increase in the level of income and wages of the developing countries that are the destination and which reduce the advantages to relocate.
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More Results
Relocation Strategy of Global Supply Chain and Value Chain Under Deglobalization
A commercial policy established by a government that aims to protect the national industry against foreign competition with the application of tariffs or any other type of import restriction.
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Global Supply Chain and Value Chain as a Relocation Strategy
A commercial policy established by a government that aims to protect the national industry against foreign competition with the application of tariffs or any other type of import restriction.
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Critical Analysis of the Relocation Strategy of Production Between National Protectionist Policies and Global Supply and Value Chains
Is a commercial policy established by a government that aims to protect the national industry against foreign competition with the application of tariffs or any other type of import restriction.
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Blue Ocean Strategy as a Framework for Business Innovation in China and Spain: A Summative Content Analysis of Innovation Initiatives and Value Propositions
The opposite of liberalization. A government raises or imposes regulation principally to reduce and restrict imports from other countries, aiming to improve the economic activity within borders by protecting domestic firms from foreign competitors.
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Critical Analysis of the Relocation Strategy of Production Between National Protectionist Policies, Global Supply, and Value Chains
Is a commercial policy established by a Government that aims to protect the national industry against foreign competition with the application of tariffs or any other type of import restriction.
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Economic Crisis and Its Effects on International Trade: A Case of Selected EU and Non-EU Countries
Economic policy that comprises a set of government measures aimed at protecting domestic production from the international competition in order to maintain or gain economic independence.
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The Eurasian Economic Union (EAEU) From the Perspective of International Relations (IR) Theories
An economic policy aiming at protecting domestic industries from international competition. It is generally implemented by levying taxes, tariffs and quotas on imports ( Devetak, George & Percy, 2017 , p. 3065).
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Relocation Strategy of Production, Global Supply, and Value Chains
A commercial policy established by a government that aims to protect the national industry against foreign competition with the application of tariffs or any other type of import restriction.
Full Text Chapter Download: US $37.50 Add to Cart
Critical Analysis of the Relocation Strategy of Production Between National Protectionist Policies, Global Supply, and Value Chains
Is a commercial policy established by a government that aims to protect the national industry against foreign competition with the application of tariffs or any other type of import restriction.
Full Text Chapter Download: US $37.50 Add to Cart
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