num_pages: 406
description: Mainstream trade and commercial policy theories with lineage traced back to Smith Ricardo Torrens and Mill have often trivialised the process of development as static resource allocation. Peter Sai-wing Ho re-interprets the works of these classical economists and those of the so-called 'protectionists' Hamilton List Manolesco Prebisch Myrdal and Singer to offer an alternative framework that considers the role of trade foreign investment and technology in engendering uneven development. The author reveals that these protectionists actually offered sophisticated prescriptions involving non-trade instruments interweaving import-substitution with export-promotion and emphasising indigenous technological-capability cultivation.This controversial book offers a unique approach to rethinking the trade and development literature and will therefore strongly appeal to researchers academics and students of trade and development as well as those involved in the history of economic thought.
language: English
title: Rethinking Trade and Commercial Policy Theories: Development Perspectives
publisher: Edward Elgar Publishing