Protectionism
Rising Protectionism and Inflation Are Key Threats to Asia
By admin - Posted on June 16th, 2008
Threat of protectionism is on the rise and will hurt Asia and rest of the world
Kuala Lumpur, Malaysia 15 June 2008 – The prevailing global economic slowdown is fuelling the rise of protectionism in Western economies, noted Lord Levene, Chairman, Lloyd’s, United Kingdom. In a plenary discussion on global risks at the World Economic Forum on East Asia, he observed that there are worrying signs that politicians in Europe and US are prepared to put in place policies to shield their domestic industries. » read more »
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