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 [The Times, U.K.]

 

 

Le Monde, France

Trade Barriers Will Damage All Nations

 

"Closing borders to men is as dangerous - and often as illusory - as closing them to foreign products. The answer involves more social protection and greater international solidarity. Not the reverse."

 

EDITORIAL

 

Translated By L. McKenzie Zeiss

 

February 3, 2009

 

France - Le Monde - Original Article (French)

Workers across the Channel who strike to demand “British jobs for British workers”; an American House of Representatives who, under pressure from the AFL-CIO, are attempting to reserve aid for businesses that use U.S. steel; a Russian Prime Minister who denounces protectionism but increases import duties on foreign vehicles; the French finance minister, known for her liberalism, who expressed before retracting that “protectionism may be a necessary evil”…The current crisis can count a new victim: free trade. Under pressure from their constituents, the responsible politicians turn cassock [do an about face] and balk at concluding negotiations on trade liberalization, as they were engaged in doing last November, during the G20 summit.  

Posted by WORLDMEETS.US

 

The contradiction hasn't been lost on the business community. If in Davos, leaders reiterated their commitment to open borders, all participants noted that everywhere, banks would shift their focus toward their national clients. For the first time, 2008 marked a decline in global trade.

 

The distress of populations confronted with mounting unemployment is more than understandable. Nevertheless, it isn't protectionism that they need - but protection. Notably, social protections in the event of job loss. It's not by chance that unions in the United States and Great Britain are the most set against the opening of borders: these are the two Western countries where the unemployed are the least supported by the wider community.

 

[The Telegraph, U.K.]

 

Protectionism cannot be justified except to protect a nascent industry or an economy in transition. Among developed countries, it makes scarcely any sense. What interest would France serve by extending its own protections, while more than one French wage earner in four depends on exports? To buy less from abroad is also to sell less abroad. Worse: it is sometimes no more than a step from protectionism to xenophobia. In Ireland, an anti-Polish sentiment is mounting; in Great Britain, the extreme right supports striking workers.

 

And yet, if they are subject to the same rules as inhabitants of the country in which they settle, immigrants promote growth. Closing borders to men is as dangerous - and often as illusory - as closing them to foreign products. The answer involves more social protection and greater international solidarity. Not the reverse. 

 

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[Posted by WORLDMEETS.US February 6, 1:25pm]