INTELLECTUAL FRAMEWORK EVOLUTION OF PROTECTIONISM AND FREE TRADE POLICIES


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Abstract

In the paperwork is analyzed an evolving formation of two opposite foreign trade policies – protectionism and free trade – beginning from the ancient world up to the modern era. Classification of different views on the protectionism is in the distinctive consideration: from Medieval scholastic thought to nowadays realm of Keynesianism and developmentalism. Authors present that now there is no common consensus of “accurate” balance of protectionism and free trade policies. On the baseline of the theoretic approach essential conclusions for the presumable adaption to Russian Federation economy are drawn.  

About the authors

Aleksandr Andreevich Maltsev

The Ural State University of Economics

Author for correspondence.
Email: almalzev@mail.ru

Candidate of Economic Sciences, Associate Professor of the Department of World Economy at the Ural State University of Economics

620219, Yekaterinburg, 8th of March Str., 62

Anastasia Anatolievna Yuzva

The Ural State University of Economics

Email: anastacia24.02@mail.ru

A student at the Ural State University of Economics

620219, Yekaterinburg, 8th of March Str., 62

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