{"title":"Trade Wars and Immigration Restrictions: Insights From the Interwar Era","authors":"Dean Hoi, Ruikun Ma, Laura Panza","doi":"10.1111/1467-8462.70037","DOIUrl":null,"url":null,"abstract":"<div>\n \n \n <section>\n \n <h3> Background</h3>\n \n <p>The interwar period saw a reversal of the first wave of globalization, with rising trade and migration barriers. Understanding this shift helps contextualize today's backlash against global integration.</p>\n </section>\n \n <section>\n \n <h3> Methods</h3>\n \n <p>We document trade and migration trends, analyse policies that dismantled globalization, and review literature on their effects on workers, industries, and economies. Historical and comparative analysis links past protectionist cycles with current trends.</p>\n </section>\n \n <section>\n \n <h3> Results</h3>\n \n <p>Protectionist policies during the interwar period disrupted trade and migration, leaving lasting economic and labour market impacts. Historical patterns parallel contemporary moves toward reduced openness.</p>\n </section>\n \n <section>\n \n <h3> Conclusion</h3>\n \n <p>This study highlights the risks of protectionist cycles and provides historical context for current challenges to global integration, informing policy responses to sustain international economic cooperation.</p>\n </section>\n </div>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"58 4","pages":"343-352"},"PeriodicalIF":1.0000,"publicationDate":"2025-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Australian Economic Review","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/1467-8462.70037","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Background
The interwar period saw a reversal of the first wave of globalization, with rising trade and migration barriers. Understanding this shift helps contextualize today's backlash against global integration.
Methods
We document trade and migration trends, analyse policies that dismantled globalization, and review literature on their effects on workers, industries, and economies. Historical and comparative analysis links past protectionist cycles with current trends.
Results
Protectionist policies during the interwar period disrupted trade and migration, leaving lasting economic and labour market impacts. Historical patterns parallel contemporary moves toward reduced openness.
Conclusion
This study highlights the risks of protectionist cycles and provides historical context for current challenges to global integration, informing policy responses to sustain international economic cooperation.
期刊介绍:
An applied economics journal with a strong policy orientation, The Australian Economic Review publishes high-quality articles applying economic analysis to a wide range of macroeconomic and microeconomic topics relevant to both economic and social policy issues. Produced by the Melbourne Institute of Applied Economic and Social Research, it is the leading journal of its kind in Australia and the Asia-Pacific region. While it is of special interest to Australian academics, students, policy makers, and others interested in the Australian economy, the journal also considers matters of international interest.