Rethinking ASEM in the Era of Neo-Protectionism
Kim, Heungchong | September 2018
On the morning of the parliamentary debate on December 18, 1945, Lord J. M. Keynes delivered his last official speech to the House of Lords, stating that "the object of the multilateral system is to enable us to pay the United States by exporting to any part of the world and it is partly for that very reason that the Americans have felt the multilateral system was the only sound basis for any arrangement of this kind. All the most responsible people in the United States,…, have entirely departed from the high tariff, export subsidy conception of things, and will do their utmost with,…, the support of public opinion in the opposite direction. That is why this international trade convention presents us with such a tremendous opportunity. For the first time in modern history the United States is going to exert its full, powerful influence in the direction of reduction of tariffs, not only by itself but by all others."
CitationKim, Heungchong. 2018. Rethinking ASEM in the Era of Neo-Protectionism. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/8908.
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