Trade and Transitions: A Comparative Analysis of Adjustment Policies

by Marsha Chandler, Robert Howse, Michael Trebilcock

Overview

Faced with increased levels of international competition and mounting budget deficits some developed, Western economies have responded by introducing trade restrictions. This book uses a comparative analysis of eight leading industrial nations (including Japan, the United States, West Germany and Britain) to demonstrate that such policies are mistaken. Alternatives to trade restrictions, including subsidies for industries and labour-market policy instruments are also shown to have their drawbacks, and the book emphasises the need for countries to find and exploit policies which fulfil their own political and social needs but which are least injurious to their trading partners.

Product Details

ISBN-13:	9780415049771
Publisher:	Taylor & Francis
Publication date:	10/04/1990
Pages:	292
Product dimensions:	5.81(w) x 8.25(h) x (d)

About the Author

Marsha Chandler, Robert Howse, Michael Trebilcock

Table of Contents

1. A Conceptual Framework for Evaluating Alternative Trade-Related Adjustment Policies 2. Trade Protection Instruments 3. Industrial Subsidies as a Response to Sectoral Decline 4. Labour Market Adjustment Policies 5. The Politics of Adjustment 6. The Reform Agenda

Editorial Reviews

‘The study has many positive features: it is written with great clarity; it is devoid of mathematical symbols, providing excellent ‘descriptive analysis'; and the information it provides is useful and skilfully handled in the policy evaluation. This is a book well worthy of a place on an undergraduate reading list.' - Economic Journal

From the Publisher