Economic repression explained

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]

Goals

The main goal of economic repression is protectionism, the instruments for which include fines and ceilings on interest rates or exchange rates.[2] [3]

Examples

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

Notes and References

  1. [Anne Krueger]
  2. [Raghbendra Jha]
  3. [Jagdish Bhagwati]
  4. "Encyclopedia of American Civil Liberties", ed. Paul Finkelman, vol. 1: A-F (2006), p. 150, article "Blacklisting" by Anthony Chase