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Trade and Transitions - A Comparative Analysis of Adjustment Policies (Paperback)
Loot Price: R1,334
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Trade and Transitions - A Comparative Analysis of Adjustment Policies (Paperback)
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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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