Economic repression

Not to be confused with financial repression, a method of liquidating government debt.

Economic repression comprises various actions to restrain certain economical activities or social groups involved in economic activities. It contrasts with economic liberalization. Economists note widespread economic repression in developing countries.[1][2][3]

Goals

The main goal of economic repression is protectionism, the instruments for which include fines and ceilings on interest rates or exchange rates.[1][2]

Examples

A common type of economic repression against individuals is blacklisting.[4]

References

  1. ^ a b Raghbendra Jha, "Macroeconomics for Developing Countries", p. 393
  2. ^ a b Jagdish Bhagwati (1989) "Protectionism", ISBN 0-262-52150-4
  3. ^ Anne Krueger (1978) "Foreign Trade Attempts & Economic Development: Liberalization Attempts and Consequences" ISBN 0-88410-483-4
  4. ^ "Encyclopedia of American Civil Liberties", ed. Paul Finkelman, vol. 1: A-F (2006) ISBN 0-415-94342-6, p. 150, article "Blacklisting" by Anthony Chase
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