A dangerous rise in protectionist measures threatens to derail G20 efforts to stimulate growth and create jobs

The following is from a 19 June 2012 release by the International Chamber of Commerce.

“The world economy is experiencing the worst crisis of the last 60 years, with growth falling in many regions, unemployment rising, multilateral talks stalled and protectionist measures proliferating”, said Jean-Guy Carrier, Secretary General of the International Chamber of Commerce (ICC), the world business organization.

The rise in protectionist measures is amply documented in recent detailed reports, prepared jointly by the World Trade Organization (WTO), the Organisation for Economic Co-operation and Development (OECD) and the United Nations Conference on Trade and Development (UNCTAD) at the request of the G20, as well in other reports by the European Commission, and Global Trade Alert.

This release is available in its entirety at:
http://www.iccwbo.org/policy/trade/index.html?id=48648