Economic repression comprises various actions to restrain certain economical activities or social groups involved in economic activities. It contrasts with economic liberalization. Economists note widespread economic repression in developing countries.[1][2][3]
Goals
editThe main goal of economic repression is protectionism, the instruments for which include fines and ceilings on interest rates or exchange rates.[1][2]
Examples
editA common type of economic repression against individuals is blacklisting.[4]
References
edit- ^ a b Raghbendra Jha, "Macroeconomics for Developing Countries", p. 393
- ^ a b Jagdish Bhagwati (1989) "Protectionism", ISBN 0-262-52150-4
- ^ Anne Krueger (1978) "Foreign Trade Attempts & Economic Development: Liberalization Attempts and Consequences" ISBN 0-88410-483-4
- ^ "Encyclopedia of American Civil Liberties", ed. Paul Finkelman, vol. 1: A-F (2006) ISBN 0-415-94342-6, p. 150, article "Blacklisting" by Anthony Chase
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