Protection is a persistent feature of economic policy in developed
and developing countries alike. However, it is now widely accepted
that high protection holds back economic growth. Why is protection
so pervasive when it is widely recognised to be against the
national interest of the countries which impose it? This
contradiction is the focus of this important volume, first
published in 1986. Economists from the Philippines, Thailand,
Malaysia, Singapore and Australia have written about their
countries and draw conclusions on the causes of protection from
statistical analysis and from interindustry structure.
General
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