Trade and Transitions : A Comparative Analysis of Adjustment Policies
Book Details
Format
Paperback / Softback
ISBN-10
1138985899
ISBN-13
9781138985896
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jul 13th, 2016
Print length
292 Pages
Weight
453 grams
Product Classification:
Development studiesInternational economicsBusiness & management
Ksh 8,800.00
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Based on a comparative study of eight leading industrial powers this book argues that `new protectionism' is economically inefficient and countries should try to develop the policies which are least harmful to their trading partners.
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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