Protectionism: Should We Really Worry About It?

The Global Competitiveness Report 2016-17 from the World Economic Forum, published this week, warns about a trend towards protectionism that could hinder future competitiveness and growth. Should we worry about it? Well, let´s first analyze the data. The report compares the average answers by group of countries to four variables that indicate openness. These variables are: […]

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