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Books > Business & Economics > Economics > International economics > International trade
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Trade Warriors - States, Firms, and Strategic-Trade Policy in High-Technology Competition (Hardcover)
Loot Price: R1,336
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Trade Warriors - States, Firms, and Strategic-Trade Policy in High-Technology Competition (Hardcover)
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Total price: R1,356
Discovery Miles: 13 560
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Commercial rivalries in high technology are among the most heated
in today's global economy. From robotics to aerospace, states are
subsidizing their national champions and competing for market share
in the 'industries of tomorrow'. This book explains why states
intervene and (or) retaliate in some high technology industries,
but not in others, and how these commercial rivalries are likely to
unfold. Dr Busch argues that states subsidize national champions in
industries promising externalities for domestic industries, spend
more on subsidies where these benefits do not escape national
borders, and are more likely to bring these commercial rivalries
back from the brink of a trade war where these subsidies leave both
states worse off. This book is among the first to argue
specifically about externalities and to evaluate how they have, or
have not, shaped decisions for strategic trade in several of the
most important commercial rivalries in high technology. Drawing on
new and previously unreported documentation from governments,
firms, industry associations and expert observers in Europe, Japan,
and the US, Dr Busch sheds new light on the high technology
industries of the civil aircraft, semiconductors, high-definition
television, robotics and superconductors.
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