• DOI:10.1017/S0022050710000756
Corpus ID: 18906612

The Slide to Protectionism in the Great Depression: Who Succumbed and Why?

@article{Eichengreen2009TheST,
  title={The Slide to Protectionism in the Great Depression: Who Succumbed and Why?},
  author={Barry J. Eichengreen and D. Irwin},
  journal={History of Finance eJournal},
  year={2009}
}

Barry J. Eichengreen, D. Irwin

Published 2009

Economics

History of Finance eJournal

The Great Depression was marked by a severe outbreak of protectionist trade policies. But contrary to the presumption that all countries scrambled to raise trade barriers, there was substantial cross-country variation in the movement to protectionism. Specifically, countries that remained on the gold standard resorted to tariffs, import quotas, and exchange controls to a greater extent than countries that went off gold. Gold standard countries chose to maintain their fixed exchange rate and… CONTINUE READING

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