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Trade, Industrial Policy, and International Competition, Second Edition (Hardcover, 2nd Revised edition)
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Trade, Industrial Policy, and International Competition, Second Edition (Hardcover, 2nd Revised edition)
Series: Carleton Library Series
Expected to ship within 9 - 15 working days
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Richard Harris's now classic study on trade and industrial policy
was written for the Royal Commission on the Economic Union and
Development Prospects for Canada (also known as the Macdonald
Commission). First published in 1985 when the Canadian economy
faced dramatic changes arising from the emergence of manufacturing
competitors among newly industrialized nations and increased
protectionism in the US, its recommendations were instrumental in
the negotiation of the North America Free Trade Agreement.
Addressing the key issues surrounding the design and choice of
policies for the Canadian economy, Trade, Industrial Policy, and
International Competition reviews the theory and evidence
concerning trade liberalization as a mechanism to enhance economic
growth, disinvestment in sections that are disadvantageous in the
international marketplace, and future problems for the marketing
sector caused by increasing competition from developing countries.
Drawing from many streams of conventional economic thinking, Harris
develops an original and sophisticated model for assessing the
broader economic impacts of trade liberalization on the Canadian
economy. He concludes that free trade and industrial policy should
be regarded as complementary, not substitutes for one another, and
recommends a free trade agreement with the United States as a top
priority. A new introduction by David Wolfe situates this work
within its time and shows how Harris's analytical insights and
policy prescriptions are as relevant today as they when they were
originally crafted three decades ago.
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