Trade and Transitions - A Comparative Analysis of Adjustment Policies (Hardcover, New)

The last 20 years have seen a transformation in the level and nature of international trade. Oil price shocks, world-wide recessions and the globalization of capital markets have made the conditions of international trading increasingly volatile. Some of the most pressing problems for the developed economies of the West have been caused by the impact of imports from the emergent Newly Industrializing Countries (NICs), particularly where these have been concentrated in established and important sectors of the economy. The strain upon the global trading system which has been apparent in recent years is evidenced in the growth of the "new protectionism" - the adaptation of trade restrictions by some of the world's leading trading nations. This book argues that these are mistaken. Based on a comparative study of eight leading industrial powers, including Japan, the US, West Germany and Britain, it concludes that the policies adopted are economically inefficient and do not fulfil the ends for which they were designed. Instead the authors argue that countries need to try and develop the policies which are least injurious to their trading partners. Retaliatory protectionism is mutually da

General

Imprint:	Routledge
Country of origin:	United Kingdom
Release date:	October 1990
First published:	1990
Authors:	Marsha Chandler • Robert Howse • Michael Trebilcock
Dimensions:	210 x 148 x 20mm (L x W x T)
Format:	Hardcover
Pages:	292
Edition:	New
ISBN-13:	978-0-415-04977-1
Categories:	Books > Reference & Interdisciplinary > Interdisciplinary studies > Development studies Books > Business & Economics > Business & management > General Books > Business & Economics > Economics > International economics > General
LSN:	0-415-04977-6
Barcode:	9780415049771

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