Trade Policy at the Crossroads
Subtitle: The Recent Experience of Developing Countries
Publisher: Palgrave Macmillan
Published: March 24, 2005
Language: eng
Format: Hardcover
Number of pages: 288
ISBN-13: 9780333595596
Subjects: International trade; Political Science; Business / Economics / Finance; Politics/International Relations; Development - Economic Development; International - General; Business & Economics / Economic Development; Public Policy - Economic Policy; Commercial policy; Developing countries; Foreign trade regulation; Free trade; Industrial policy
Description: "Mehdi Shafaeddin provides answers to a number of controversial questions such as: Why has economic reform and trade liberalization not been successful in many developing countries in promoting industrialization? Why is there a deadlock in trade negotiation? And what is wrong with the world trading system? The author argues that the theories and practices of trade and industrial policies are surrounded by fallacies and contradictions: for example the 'universal and uniform trade liberalization' hypothesis does not consider different levels of development and specific characteristics of various countries; the infant industry argument and import substitution strategy are misinterpreted."--Jacket.