By Mehmet Enes Beşer One of the largest Southeast Asian economies and a significant growth engine in the region is Indonesia. Today, this state is revising its participation in the global trade system, increasingly becoming more protective and selective. Under President Widodo’s presidency, the country pursues a nationalistic and restrictive industrial policy aiming to industrialize the economy, add more value, ...
Western Protectionism Threatens Global Stability By Mehmet Enes Beşer Trade was the banner of Western liberalism—a belief in open markets, comparative advantage, and multilateralism. For decades, the United States and the European Union preached the gospel of globalization, negotiating trade agreements, reducing tariffs, and preaching developing economies the virtues of deregulated markets. But in a disquieting turn of historical irony, ...