GS-3, Uncategorized

Boosting Economic Growth in a Protectionist World

Context In recent times, governments across the world are focussed more on protectionist economic policies as a measure to boost their domestic economy. Protectionism, the theory or practice of shielding a country's domestic industries from foreign competition by taxing imports, gained ground mainly after the 2008 Global Financial Crisis. US-China trade war is an evidence of… Continue reading Boosting Economic Growth in a Protectionist World