The Political Economy of Trade Policy
Subtitle: Papers in Honor of Jagdish Bhagwati
Contributors: Robert C. Feenstra (Editor); Gene M. Grossman (Editor); Douglas A. Irwin (Editor)
Publisher: The MIT Press
Published: August 1, 1996
Language: eng
Format: Hardcover
Number of pages: 320
ISBN-13: 9780262061865
Subjects: Political economy; Business & Economics; Business / Economics / Finance; Business/Economics; Development - General; International - Economics; Business & Economics / Development / General; International - General; Commercial policy; Congresses; International Trade
First sentence: Three decades ago Bhagwati and Ramaswami (1963) wrote their classic paper on "Domestic Distortions, Tariffs and the Theory of Optimum Subsidy."
Description: This collection of papers by colleagues and former students celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati, who is the Arthur Lehman Professor of Economics at Columbia University, has made pathbreaking contributions to the theory of international trade and commercial policy, including immiserizing growth, domestic distortions, economic development, and political economy.

His success and influence as a teacher and mentor is widely recognized among students at both MIT and Columbia, and as founder of the Journal of International Economics, he has encouraged research on many questions of theoretical and policy relevance. The political economy of trade policy, Bhagwati's most recent area of interest, is the theme of this collection, which addresses salient topics including market distortions, income distribution, and the political process of policy-making.