protectionism alert 警惕贸易保护主义.pptVIP

Protectionism Alert Content , notes and words : Sophia Anna Background: Kathy Language feature: Tammy Presenter: Kathy Tammy Background The global financial crisis （2007-2009） was also known as the world financial crisis, subprime mortgage crisis(次贷危机）, credit crunch（信用危机）, even was named as the financial crisis and Wall Street tsunami（华尔街海啸）in 2008. Since the subprime credit crisis, investors began to lose confidence in the value of mortgage-backed securities(失去对按揭证券的信心) ,triggering a liquidity crisis(引发流动性危机）. Even Multi-national Central Bank injected huge amounts of money to several financial markets, it still could not stop the outbreak of the financial crisis. Until September 9, 2008, the beginning of the financial crisis out of control and leaded to the failure of a number of fairly large financial institutions or made them took over by government. Background Since the emergence of trade protection, it has experienced three stages——The development of the traditional trade protectionism, the variation of the new trade protectionism and the rise of the post crisis era.(传统贸易保护主义的发展、新贸易保护主义的变异和后危机时代贸易保护主义的兴起) ?Mercantilism(重商主义）—origin of early protective trade theory. ? Protection of infant industry theory（保护幼稚工业理论）— marked the formation of modern trade protection theory system. ?Ultra Protection of trade（超贸易保护论）—an important milestone in the protection of modern trade theory. Main idea When the financial crisis hit, the protectionism is creeping up. However, at the same time ,the world trade in China, Vietnam and other developing counties has increased rapidly, and the European Union increased its barriers to protect and increase its own economy. But it is not a proper way, and the best way for its economy is to reduce the protectionism. content Para 1-3 : Although the world leaders took measures to ensure the global markets stayed opened, the barriers are creeping back up. Para 4 : On the face of it , all seems well. China, India, Russi