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The Research Of Game Theory And The Solutions About Post-crisis Era Trade Protectionism

Posted on:2011-05-26Degree:MasterType:Thesis
Country:ChinaCandidate:M YangFull Text:PDF
GTID:2189360308970812Subject:International trade
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The point that the free trade policy is the best choice to maximize national welfare is been proved a thousand times by economic theory. But the protectionist policy has become regular, and the gap between International Trade Theory and economic reality is always a big problem for the present world economics. The trade protection has a time-honored history and developmental flux. The mercantilist view that if maintain a favorable balance of trade, he country would improve the fortune is the earliest form. Then the infant industry argument for protection, the super-protectionism in trade and the new trade protectionism and so on appears in succession. With the development of economy, world trade is further deepened. The trade protection is further expanded in particular way, when many countries claim to support for'liberal trade'.In 1923-1933, an economic crisis engulfed the entire capitalist world. Many countries used the trade protection to save themselves. But it not only further worsened their already difficult situations, but also cast a shadow on the future development of the global economy.This US financial crisis is similar to the great crisis in 1929. When the global economy appears worldwide depression, the trade protection begins raging in the world. It cast a shadow on the future development of the global economy, and the big game of the world trade protection is formed placidly. Facing the so'crisis situation', China as the new blood of the world economy in the 21st century, should how to deal with the problem. Copying the foreign trade protectionism or sinking in the world trade protection? It is of great urgency to solve the problem. Therefore this article writes on the topic of《The Research about Game theory and The solutions of Post-crisis era Trade Protectionism》, and consists of six components. I will analysis of the trade protection trend from qualitative and quantitative research, and made policy recommendations at last.The first part of this article is introduction. In the introduction, starting from the contradiction between trade protection and free trade, it bites on the difficult questions the gap between international trade theory and reality that beset the economists. And taking the world trade protection in 1923-1930 crises for example, it makes known the objective fact that trade protection undoubtedly continues to flourish in financial crisis. In fact, rational decision makers in the world have discovered the truth and adopted policies about trade protection. But they unanimous shout slogans-avoiding trade protection, promoting free trade. Facing the embarrassing situation, what should china do? The author sets forth the background of his choice item.The second part of this article is theoretical overview about the trade protectionist theory. In this part, starting form the origin of trade protectionism, it recalls the formation and development of trade protectionism, and summarizes the concept about trade protectionism. At last it reconfirms the rationality of the resistance of the trade protection.The third part of this article is general trade protection. From the latter half of 2009, world economy appears recovery. After a two-year financial crisis, profound changes are tacking place in global economic patterns. Global economy is now firmly rebounding, and each country actively battles for market share. So foreign trade becomes particularly importance, and trade protection heats up again. Form 2008 in the fourth quarter, the export trade of many courtiers falls off seriously. The leaders of G20 promise they would not add international trade restrictions. But then 17 countries of G20 along with other countries issued 47 international trade restrictions successively. With increasing of the trade protectionism, the expansion of the world economy and trade is still slow.The fourth part of this article is the discussion on trade protection. On the bass of preamble, this part began to search the motive of the trade protection. The author analyzes the motive of the trade protection from both the inside and the outside. The outside includes economic globalization, intensified international competition and global financial crisis. Subtle changes are tacking place in global political and economic patterns. And these changes have increased the contradictions between exported countries and imported countries, between developed countries and developing counties, between lack of resources countries and rich countries. Trade protection is dust off. On the one hand, it protects economy. On the other hand, it defeats the competitors. Furthermore, it is given the quantitative diagnosis from trade relations of the game members to act as the inside motive.The five part of this article is the game analysis on the trend of trade protection. On the bass of preamble, it is clear that what roles China, Europe and America, and ASEAN should play. And then place the developed countries of Europe and America in the pattern of trade of china and ASEAN, China-Europe and America-ASEAN will form Riker.The six part of this article is the conclusion part of thesis. It is the author's opinion that taking non-mainstream measures. And it contains specific policies and measures for China trade present condition.
Keywords/Search Tags:Trade protection, Game theory, Post-crisis era
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