ENGLISH

Trade and Transitions: A Comparative Analysis of Adjustment Policies

By Robert Howse , Michael Trebilcock , Marsha Chandler

Book information

Publisher
Routledge
Year
1990
ISBN
0415049776, 9780415049771
LCC
HF1421 .T74 1990
Open Library ID
OL17781847M
Language
english
Format
PDF
Filesize
1 MB (1266818 bytes)
Edition
1
Pages
304\292
Time added
2011-06-04 13:46:07

Description

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.

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