āAnd one of the least contested arguments amongst people that have actually studied it. ā
Is it really that far from mainstream in economics to think that sometimes in poor countries, some trade barriers can help protect nascent industries and hence speed industrialization, and that this can be worth the cost to consumers in those countries of the trade barriers themselves? I kind of had a vague sense some famous books/āpeople argue this?
There are some good arguments that in some cases, developing countries can benefit from protecting some of their own nascent industries.
There are basically no arguments that the developed world putting tariffs (or anti dumping duties) on imports helps the developing world, which is the harmful scenario Karthik discusses in his article as an example of Nunnās argument that rich countries should stop doing things that harm poorer countries. Developed countries know full well these limit poorer countriesā ability to export to themā¦ but thatās also why they impose them
Yeah, I know what I described is not really relevant to Karthikās argument. But we donāt want a situation where people hear āfree trade is good, economists agreeā and then decide to lobby for developing countries to drop their trade barriers in cases where that is actually harmful.
āAnd one of the least contested arguments amongst people that have actually studied it. ā
Is it really that far from mainstream in economics to think that sometimes in poor countries, some trade barriers can help protect nascent industries and hence speed industrialization, and that this can be worth the cost to consumers in those countries of the trade barriers themselves? I kind of had a vague sense some famous books/āpeople argue this?
There are some good arguments that in some cases, developing countries can benefit from protecting some of their own nascent industries.
There are basically no arguments that the developed world putting tariffs (or anti dumping duties) on imports helps the developing world, which is the harmful scenario Karthik discusses in his article as an example of Nunnās argument that rich countries should stop doing things that harm poorer countries. Developed countries know full well these limit poorer countriesā ability to export to themā¦ but thatās also why they impose them
Yeah, I know what I described is not really relevant to Karthikās argument. But we donāt want a situation where people hear āfree trade is good, economists agreeā and then decide to lobby for developing countries to drop their trade barriers in cases where that is actually harmful.
Fair. I agree with this
Plenty of entities who arenāt EAs doing that sort of lobbying already anyway