The New Protectionism with Nontariff Instruments

  • Dominick Salvatore
Part of the The Vienna Institute for Comparative Economic Studies book series (VICES)

Abstract

During the 1950s and 1960s the volume of international trade and the economies of most nations in the world, particularly the industrial countries, grew at an unprecedented rate. The merchandise trade of industrial countries grew at an average rate of about 8 per cent a year and this fuelled a growth in real GDP of over 4 per cent a year. This period can truly be regarded as a golden age of growth and stability.

Keywords

Depression Europe Rubber Income Marketing 

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. M.C. Aho and J.D. Aroson (1985), Trade Talks, New York: Council of Foreign Relations.Google Scholar
  2. S.J. Anjaria, U. Iqbal, N. Kirmani and L.L. Perez (1982), Developments in International Trade Policy, Washington, D.C., International Monetary Fund.Google Scholar
  3. R. Axelrod (1981), “The Emergence of Cooperation Among Egoists”, American Political Science Review, June.Google Scholar
  4. B. Balassa (1978), “The New Protectionism and the International Economy”, Journal of World Trade Law 12: 409–436.Google Scholar
  5. B. Balassa and C. Balassa (1984), “Industrial Protection in Developed Countries”, The World Economy, June.Google Scholar
  6. R.E. Baldwin and A.O. Kruger (eds.) (1984), The Structure and Evolution of Recent US Trade Policy, Chicago, University of Chicago Press.Google Scholar
  7. J.N. Bhagwati (1971), “The Generalized Theory of Distortions and Welfare”, in J.N. Bhagwati et al., (eds), International Trade: Selected Readings, Amsterdam, North-Holland.Google Scholar
  8. J.N. Bhagwati (1982), Import Competition and Response, Chicago, University of Chicago Press.CrossRefGoogle Scholar
  9. J.N. Bhagwati and T.N. Srinivasan (1976), “Optimal Trade Policy and Compensation Under Uncertainty: The Phenomenon of Market Disruption”, Journal of International Economics, June.Google Scholar
  10. A.M. Costa (1986), “The Need for New Multilateral Trade Negotiations: Why it is Urgent to complete the New Round of GATT”, in D. Salvatore (ed.), The New Protectionist Threat to World Welfare, North-Holland.Google Scholar
  11. W. Cline (1983), Trade Policies in the 1980s, Washington, D.C., Institute for International Economics.Google Scholar
  12. W. Cline (1984), Exports of Manufactures from Developing Countries, Washington, D.C., The Brookings Institution.Google Scholar
  13. S. Cohen (1985), Uneasy Partnership: Competition and Conflict in US-Japanese Trade Relations, Cambridge, Mass.: Ballinger.Google Scholar
  14. R.C. Feenstra (1986), “Automobile Prices and Protection: The US-Japan Trade Restraint”, in D. Salvatore (ed.), The New Protectionist Threat to World Welfare, North-Holland.Google Scholar
  15. Federal Reserve Bank of Kansas City (1985), The US Dollar - Recent Developments, Outlook, and Policy Options, Kansas City.Google Scholar
  16. J.M. Finger (1981), “The Industry-Country Incidence of ”Less than Fair Value“ Cases in US Import Trade”, Quarterly Review of Economics and Business, Summer.Google Scholar
  17. J.M. Finger et al. (1982), “The Political Economy of Administered Protection”, The American Economic Review, June.Google Scholar
  18. J.L. Goldstein and S.D. Krasner (1984), “Unfair, Trade Practices: The Case for a Differentiated Response”, The American Economic Review May.Google Scholar
  19. C. Hamilton (1985a), “Economic Aspects of Economic Export Restraints”, in D. Greenway (ed.), Current Issues in International Trade, London: Macmillan.Google Scholar
  20. C. Hamilton (1985b), “Voluntary Export Restraints and Trade Diversion”, Journal of Common Market Studies, June.Google Scholar
  21. C. Hamilton and J. Whalley (1983), “Optimal Tariff Calculations in Alternative Trade Models and some Possible Implications for Current World Trading Arrangements”, Journal of International Economics, June.Google Scholar
  22. M.G. Herander and J.B. Schwartz (1984), “An Empirical Test of the Impact of the Threat of US Trade Policy: The Case of Antidumping Duties”, Southern Economic Journal July.Google Scholar
  23. IMF (1975), Annual Report on Exchange Rates, Washington, DC.Google Scholar
  24. IMF (1984), “Exchange Rate Volatility and World Trade”, Occasional Paper 28. Washington, DC.Google Scholar
  25. IMF (1986), World Economic Outlook, Washington, DC.Google Scholar
  26. P.R. Krugman (1986), “Targeted Industrial Policies: Theory and Evidence”, in D. Salvatore (ed.), The New Protectionist Threat to World Welfare, North-Holland.Google Scholar
  27. R.I. McKinnon (1984), An International Standard for Monetary Stabilization. Washington, DC, Institute for International Economics.Google Scholar
  28. M. Michaely (1984), Trade, Income Levels, and Dependence, New York, North-Holland.Google Scholar
  29. OECD (1979), The Impact of Newly Industrializing Countries on Production and Trade in Manufactures, Paris.Google Scholar
  30. OECD (1982), Problems of Agricultural Trade, Paris.Google Scholar
  31. OECD (1985), Costs and Benefits of Protection, Paris.Google Scholar
  32. S.A.B. Page (1981), “The Revival of Protectionism and its Consequences for Europe”, Journal of Common Market Studies, September.Google Scholar
  33. D. Salvatore (1986a), International Economics, Second Edition, New York, Macmillan.Google Scholar
  34. D. Salvatore (1986b) (ed.), The New Protectionist Threat to World Welfare. New York, North-Holland.Google Scholar
  35. B. Scott and C.L. Lodge (1985), US Competitiveness in the World Economy, Boston, Harvard Business School Press.Google Scholar
  36. L. Turner and N. McMullen (1982), The Newly Industrializing Countries: Trade and Adjustment, London, George Allen & Unwin.Google Scholar
  37. United Nations (1986), World Economic Survey, New York.Google Scholar
  38. World Bank (1986), World Bank Development Report, Washington, DC.Google Scholar

Copyright information

© Wiener Institut für Internationale Wirtschaftsvergleiche (WIIW) (The Vienna Institute for Comparative Economic Studies) 1988

Authors and Affiliations

  • Dominick Salvatore
    • 1
  1. 1.Department of EconomicsFordham UniversityNew YorkUSA

Personalised recommendations