The direction of trade policy : papers in honor of Isaiah Frank

Bibliographic Information

The direction of trade policy : papers in honor of Isaiah Frank

edited by Charles S. Pearson and James Riedel

B. Blackwell, 1990

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Includes bibliographical references and index

Description and Table of Contents

Description

This book examines the movement of trade policy between the opposite directions of protectionism and liberalization. It identifies two broad currents in trade policy in the second half of the post war era: the first, the increasing protectionism of the industrial countries. This is particularly evident in the US in the 1980s, indicated by the growth of quantitative and discriminatory restraints, the comeback of unilateralism and regionalism, and the disarray of the GATT system. The second current reflects the recent movement of many developing countries towards more liberal trade policies following the failures of import substitution, the success of the East Asian countries, and, ironically, pressure from the industrial countries.

Table of Contents

  • Part 1 The US and global perspectives: US trade policy, 1945-1988 - from foreign policy to domestic policy, Robert E.Baldwin
  • free trade, fair trade? the Reagan record, Charles Pearson
  • US trade policy towards developing countries, Bella Balassa
  • trade policy and macroeconomic balance in the world economy, W.Max Corden. Part 2 The developing country perspective: trends in LDC trade policy, Anne Krueger
  • the developing countries' response to protectionism in the industrial countries, Enzo Grilli
  • strategy wars - the state of debate on trade and industrialization in developing countries, James Riedel. Part 3 The practice of trade policy: transitional measures in trade liberalization, Wendy Takacs.

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