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Trade and Protectionism (Hardcover, New)
Loot Price: R2,854
Discovery Miles 28 540
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Trade and Protectionism (Hardcover, New)
Series: (NBER) National Bureau of Economic Research East Asia Seminar on Economics
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During the first three decades following the Second World War, an
increasingly open international trading system contributed to
unprecedented economic growth throughout the world. But in recent
years, that openness has been threatened by increased
protectionism, regional trading arrangements - Europe 1992 and the
U.S.-Canada Free Trade Agreement - and setbacks in negotiations on
the General Agreement on Tariffs and Trade. In Trade and
Protectionism, American and East Asian scholars consider the
dangers of this trend for East Asian countries in particular and
the world economy in general. The first two papers in the volume
look at the context in which East Asian trading relations with the
United States take place. The papers focus on the role of GATT, the
importance of an open multilateral trading system, and the current
threats to it. An analysis of the United States' regional trading
arrangements is also included. The second set of papers addresses
sensitive sectoral issues that have led to frictions in
Japanese-American semiconductor trade and agricultural protection
among Japan, Korea, and Hong Kong. In the third group of studies,
the authors examine U.S.-Japanese trade issues, the impact of
U.S.-administered protection on Korean exports, and the openness of
the Japanese market to exports from other Asian countries. Next,
aspects of international economic relations among Asian countries
are considered. Two studies explore foreign direct investment
relations between Japan and other Asian countries, and the
relationship between Japanese foreign direct investment and trade
flows among Asian countries. The final five papers analyze how
political-economic interaction affects levels ofprotection,
focusing on the political economy of protection in Korea and
Taiwan. This is the second volume in the series to come from the
National Bureau of Economic Research-East Asia Seminar on
Economics. The first volume, The Political Economy of Tax Reform,
addresses tax reform in the global economy.
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