US trade policy and global growth: new directions in the international economy
This collection of essays offers critical perspectives on current issues in the international economy. Divided into four parts, U.S. Trade Policy and Global Growth discusses managed trade and international interdependence, the effect of trade on domestic wages and employment, the costs and benefits...
Gespeichert in:
| Format: | Buch |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Armonk, NY [u.a.]
Sharpe
1996
|
| Schriftenreihe: | Economic Policy Institute series
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Zusammenfassung: | This collection of essays offers critical perspectives on current issues in the international economy. Divided into four parts, U.S. Trade Policy and Global Growth discusses managed trade and international interdependence, the effect of trade on domestic wages and employment, the costs and benefits of trade protection, and likely effects of NAFTA. The collection also addresses the U.S. trade deficit and presents a Keynesian proposal for international monetary reform. Part IV focuses on issues facing developing countries in the areas of trade, industrial, and financial policy. Rejecting the dogma that pure free-market policies should be accepted as articles of religious faith, in either international trade or domestic policy, the contributors search for trade and macro policies that can achieve balanced growth with high employment and an equitable distribution of income in both the United States and the rest of the world. |
| Beschreibung: | XXI, 313 S. graph. Darst. |
| ISBN: | 1563245302 |
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| adam_text | US. TRADE POLICY AND GLOBAL GROWTH NEW DIRECTIONS IN THE INTERNATIONAL
ECONOMY ROBERT A. BLECKER EDITOR ECONOMIC POLICY INSTITUTE .E. SHARPE
ARMONK, NEW YORK LONDON, ENGLAND CONTENTS LIST OF TABLES AND FIGURES XI
PREFACE XIII ACKNOWLEDGMENTS XXI PART I: CONCEPTUAL FRAMEWORKS CHAPTER
ONE: MANAGED TRADE AND ECONOMIC SOVEREIGNTY ROBERT KUTTNER 3
INTRODUCTION 3 HISTORY 7 HEGEMONY AND IDEOLOGY 12 THE NATIONAL INTEREST
19 THE NEW VIEW 19 TOWARD A MIXED SYSTEM , 22 SOME COMMON PRINCIPLES 31
PLURALISM AND THE AMERICAN NATIONAL INTEREST 34 NOTES 35 BIBLIOGRAPHY 35
CHAPTER TWO: GLOBAL INTERDEPENDENCE AND NATIONAL PROSPERITY DAVID P.
LEVINE 37 INTRODUCTION 37 INTERNATIONAL INTERDEPENDENCE 38 COMPARATIVE
ADVANTAGE 46 THE BENEFITS AND HARMS OF OPENNESS 48 THE GLOBAL DIVISION
OF MARKETS 53 THE COMPETITIVE PRICE OF LABOR 54 CONCLUSION 56 NOTES 56
BIBLIOGRAPHY 57 PART II: ISSUES IN U.S. TRADE POLICY CHAPTER THREE:
INTERNATIONAL TRADE AND THE PERFORMANCE OF U.S. LABOR MARKETS DALE
BELMAN AND THEA M. LEE 61 INTRODUCTION 61 TRADE, WAGES, AND INEQUALITY:
SOME DESCRIPTIVE STATISTICS 63 TRADE THEORY AND POSSIBLE CAUSAL CHANNELS
66 EMPIRICAL STUDIES OF TRADE AND LABOR MARKET PERFORMANCE 72 CHALLENGES
TO THE TRADE AND WAGES CONNECTION 91 CONCLUSION 98 NOTES 99 BIBLIOGRAPHY
104 CHAPTER FOUR: THE COSTS OF TRADE PROTECTION RECONSIDERED: U.S.
STEEL, TEXTILES, AND APPAREL ROBERT E. SCOTT AND THEA M. LEE 108
INTRODUCTION 108 THE STEEL INDUSTRY: LABOR DISPLACEMENT AND INEFFICIENT
QUOTAS 113 THE TEXTILE INDUSTRY: ESTIMATING THE BENEFITS OF INDUCED
INNOVATION 117 THE APPAREL INDUSTRY: THE CONSEQUENCES OF MARKETING
CONCENTRATION 120 CONCLUSIONS: CONSEQUENCES FOR TRADE POLICY 126
APPENDIX: MEASURING THE WELFARE COSTS OF PROTECTION 127 NOTES 131
BIBLIOGRAPHY 133 CHAPTER FIVE: THE POLITICAL ECONOMY OF THE NORTH
AMERICAN FREE TRADE AGREEMENT ROBERT A. BLECKER 136 INTRODUCTION 136 THE
NAFTA DEBATE 139 STUDIES OF THE EMPLOYMENT AND WAGE EFFECTS OF NAFTA 142
RECENT TRENDS IN U.S.-MEXICAN TRADE AND CAPITAL FLOWS 154 LOW-WAGE
COMPETITION AND CORPORATE RESTRUCTURING 159 _. CONCLUSIONS AND POLICY
OPTIONS 163 NOTES 167 BIBLIOGRAPHY 172 PART III: MACROECONOMIC
PERSPECTIVES CHAPTER SIX: THE TRADE DEFICIT AND U.S. COMPETITIVENESS
ROBERT A. BLECKER 179 INTRODUCTION 179 IMPLICATIONS OF THE EQUILIBRIUM
METHOD 181 TWO-WAY CAUSALITY 183 EXCHANGE RATE ADJUSTMENT AND LIVING
STANDARDS 185 THE FISCAL AND TRADE DEFICITS: TWINS OR COUSINS? 187
EVIDENCE FOR A SECULAR DECLINE IN COMPETITIVENESS 189 INCOME ADJUSTMENT
AND ABSOLUTE ADVANTAGES 199 ALTERNATIVE INTERPRETATIONS OF DECLINING
COMPETITIVENESS 201 STRUCTURAL PROBLEMS WITH PARTICULAR COUNTRIES
CONCLUSIONS APPENDIX NOTES BIBLIOGRAPHY CHAPTER SEVEN: REFORMING THE
INTERNATIONAL PAYMENTS SYSTEM PAUL DAVIDSON INTRODUCTION THE NECESSARY
CONDITIONS FOR AN EXPANSIONARY INTERNATIONAL PAYMENTS SYSTEM A NEW
INTERNATIONAL PAYMENTS SYSTEM CONCLUSION NOTES BIBLIOGRAPHY 203 207 208
210 211 215 215 217 223 234 234 236 PART IV: TRADE POLICIES IN THE
DEVELOPING COUNTRIES CHAPTER EIGHT: INCOME DISTRIBUTION, TRADE, AND
GROWTH LANCE TAYLOR 239 INTRODUCTION 239 FISCAL AND TRADE POSITIONS 240
A THREE-GAP MODEL 243 INCOME DISTRIBUTION AND THE ADJUSTMENT PROCESS 246
BOUNDARY CONDITIONS ON CHANGE 251 CONCLUSIONS 262 NOTES 264 BIBLIOGRAPHY
265 CHAPTER NINE: INDUSTRIAL POLICY AND EXPORT SUCCESS: THIRD WORLD
DEVELOPMENT STRATEGIES RECONSIDERED STEPHEN C. SMITH 267 INTRODUCTION
267 COMPETING VIEWS OF EXPORTS AND DEVELOPMENT 269 EXPORT PROMOTION IN
THE EAST ASIAN NICS 274 PROBLEMS OF COMMODITY EXPORT-ORIENTED GROWTH 287
IMPLICATIONS FOR DEVELOPMENT POLICY 291 NOTES 293 BIBLIOGRAPHY 295 INDEX
299 CONTRIBUTING AUTHORS 311 ABOUT THE ECONOMIC POLICY INSTITUTE 313
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| spelling | US trade policy and global growth new directions in the international economy Robert A. Blecker, ed. Armonk, NY [u.a.] Sharpe 1996 XXI, 313 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Economic Policy Institute series This collection of essays offers critical perspectives on current issues in the international economy. Divided into four parts, U.S. Trade Policy and Global Growth discusses managed trade and international interdependence, the effect of trade on domestic wages and employment, the costs and benefits of trade protection, and likely effects of NAFTA. The collection also addresses the U.S. trade deficit and presents a Keynesian proposal for international monetary reform. Part IV focuses on issues facing developing countries in the areas of trade, industrial, and financial policy. Rejecting the dogma that pure free-market policies should be accepted as articles of religious faith, in either international trade or domestic policy, the contributors search for trade and macro policies that can achieve balanced growth with high employment and an equitable distribution of income in both the United States and the rest of the world. Handelspolitiek gtt Internationale economische betrekkingen gtt Entwicklungsländer Weltwirtschaft Competition, International International economic relations Internationale Wettbewerbsfähigkeit (DE-588)4027386-6 gnd rswk-swf Außenhandelspolitik (DE-588)4003841-5 gnd rswk-swf USA Developing countries Commercial policy United States Commercial policy USA (DE-588)4078704-7 gnd rswk-swf Entwicklungsländer (DE-588)4014954-7 gnd rswk-swf (DE-588)4143413-4 Aufsatzsammlung gnd-content USA (DE-588)4078704-7 g Außenhandelspolitik (DE-588)4003841-5 s Internationale Wettbewerbsfähigkeit (DE-588)4027386-6 s DE-604 Entwicklungsländer (DE-588)4014954-7 g Blecker, Robert A. Sonstige oth GBV Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007135729&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
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| title | US trade policy and global growth new directions in the international economy |
| title_auth | US trade policy and global growth new directions in the international economy |
| title_exact_search | US trade policy and global growth new directions in the international economy |
| title_full | US trade policy and global growth new directions in the international economy Robert A. Blecker, ed. |
| title_fullStr | US trade policy and global growth new directions in the international economy Robert A. Blecker, ed. |
| title_full_unstemmed | US trade policy and global growth new directions in the international economy Robert A. Blecker, ed. |
| title_short | US trade policy and global growth |
| title_sort | us trade policy and global growth new directions in the international economy |
| title_sub | new directions in the international economy |
| topic | Handelspolitiek gtt Internationale economische betrekkingen gtt Entwicklungsländer Weltwirtschaft Competition, International International economic relations Internationale Wettbewerbsfähigkeit (DE-588)4027386-6 gnd Außenhandelspolitik (DE-588)4003841-5 gnd |
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