Protectionism and World Welfare


Protectionism and World Welfare

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  • 製本 Hardcover:ハードカバー版/ページ数 447 p.
  • 言語 ENG
  • 商品コード 9780521414555
  • DDC分類 382.73

Full Description

This volume addresses highly topical issues at a crucial time in international economic relations. The world has never been closer to dismantling the liberal multilateral trading system which has been painstakingly established and successfully operated since the Second World War. In this volume many of the world's most distinguished economists examine the movement toward protectionism, bilateralism, and regionalism, and its causes, effects, and possible solutions. The contributors are theorists, researchers, and advisors to governments and international organizations who are at the forefront of trade theory, policy, and practice, and whose analyses have a real impact on international trade. By collecting together these analyses in a single volume, this book provides a unique survey for students and scholars of economics, and all those concerned with trade theory and policy in business and government.

Table of Contents

1. Protectionism and world welfare:
introduction Dominick Salvatore
Part I. The New Protectionism: An Overview: 2.
Fair trade, reciprocity and harmonization: the
novel challenge to the theory and policy of
free trade Jagdish N. Bhagwati
3. The revival of protectionism in developed
countries W. Max Corden
4. Changes in the global trading system: a
response to shifts in national economic power
Robert E. Baldwin
5. 'Fortress Europe' and retaliatory economic
warfare Lawrence R. Klein and Pingfan Hong
Part II. Trade Theory, Industrial Policies and
Protectionism: 6. The changing structure of US
trade William H. Branson
7. US response to foreign industrial policies
Richard N. Cooper
8. The current case for industrial policy Paul
R. Krugman
9. The case for bilateralism Rudiger W.
Part III. Exchange Rates and Protectionsim: 10.
Floating exchange rates and the new interblock
protectionism: tariffs versus quotas Ronald I.
McKinnon and K. C. Fung
11. The theory of tariffs and monetary policies
Robert Mundell
12. Restrictions to foreign investment: a new
form of protectionism Vito Tanzi and Isaias
13. The economics of content protection Michael
14. The relationship between exchange
variability and protection George S. Tavlas,
Joseph Ascheim, and Michael Ulan
Part IV. The New Protectionism in the World
Economy: 15. Trade protectionism and welfare in
the United States Dominick Salvatore
16. Protectionism and growth of Japanese
competitiveness Ryuzo Sato, Rama Ramachandran,
and Shunichi Tsutsui
17. Commercial policies and protectionism in
the European Community Norman Scott
18. Protectionism and the developing countries
G. K. Helleiner
19. Trade liberalization: the New Eastern
Europe in the global economy Jozef M. van