DOES UKRAINE NEED PROTECTIONISM?

The global crisis in 2008 caused the decline of growth rates of the global economy from 4.2% to 1.8%. This has forced countries to adopt protectionist policies to protect domestic producers, stimulate production and increase exports.

While Ukraine opens its market to the world, according to Global Trade Alert during the period from November 2008 to April 2019 the countries of the world introduced 12.7 thousand protectionist measures and 4.6 thousand instruments of liberalization of global trade.