Taiwan's Industry Policy During the 1980s and Its Relevance to the Theory of Strategic Trade PDF Download
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Author: Heather Smith
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 70
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Book Description
Author: Heather Smith
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 70
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Book Description
Author: Anne O. Krueger
Publisher: University of Chicago Press
ISBN: 0226455025
Category : Business & Economics
Languages : en
Pages : 126
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Book Description
This clear, concise summary of the in-depth analyses presented in The Political Economy of American Trade Policy examines the level, form, and evolution of American trade protection. In case studies of trade barriers imposed during the 1980s to help the steel, semiconductor, automobile, lumber, wheat, and textile and apparel industries, the contributors trace the evolution of efforts to obtain protection, protectionist measures, and their results. A chapter assessing the common themes that emerge from the studies concludes that the focus of current trade law is exclusively on the individual protection-seeking industries, with little regard for indirect effects on using industries or for consumers. Reform could usefully take these effects into account. This volume will interest policymakers, business executives, and anyone interested in trade policy formulation and practice.
Author: Heather Smith
Publisher: Edward Elgar Publishing
ISBN: 9781782543572
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
'This is a very good piece of research. As a book, it is important because it focuses on important conceptual and empirical issues, namely the role of government and industrial policy in promoting rapid economic growth; and particularly the case of Taiwan as an exemplar of rapid industrial development. The author convincingly refutes the view that sector-specific industrial policy was an important source of Taiwan's rapid industrial growth in the 1980s.' - Hugh T. Patrick, Columbia University, US 'Dr Smith takes Taiwan and Korea as case studies to address fundamental questions concerning the rapid growth and subsequent financial crisis in East Asia: * were the Taiwan and Korean governments interventionist in the 1980s? * did industry policy play a role in the financial crisis of 1997-1998? Heather Smith has put together a comprehensive discussion of strategic industry policy. She analyses at length the fascinating connection between the growth of the chaebol in Korea, its links to the government and to the financial sector, and the unravelling of the financial crisis in Korea. Her analysis throws light on the fundamental strength that Taiwan has shown throughout the crisis. These are fascinating and important questions vital to the economics profession and of interest to the enormous contingent of economic commentators following the East Asian crisis.' - Ron Duncan, Australian National University, Australia The growth in global competitiveness and interdependence has led to an increased interest in the role of industrial policy in achieving economic growth objectives. Heather Smith reignites the contentious debate of the role of the state using East Asian economic development in general with particular emphasis on Taiwan and Korea. Using quantitive techniques, the author analyses the view that industry policy interventions were a necessary factor explaining Taiwan's economic performance in the 1980s.
Author: Heather Smith
Publisher:
ISBN:
Category : East Asia
Languages : en
Pages : 52
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Book Description
Author: Reda Cherif
Publisher: International Monetary Fund
ISBN: 1498305563
Category : Business & Economics
Languages : en
Pages : 79
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Book Description
Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be replicated. Using a theory and empirical evidence, we argue that one can learn more from miracles than failures. We suggest three key principles behind their success: (i) the support of domestic producers in sophisticated industries, beyond the initial comparative advantage; (ii) export orientation; and (iii) the pursuit of fierce competition with strict accountability.
Author: Paul Krugman
Publisher: University of Chicago Press
ISBN: 0226454665
Category : Business & Economics
Languages : en
Pages : 260
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Book Description
Since the 1980s, economists have used the concept of strategic trade policy, which takes account of imperfect competition and increasing returns in the international marketplace, to criticize conventional views about free trade. According to the new view, a government can take strategic steps to raise its income at another country's expense—by subsidizing exports or erecting trade barriers, protecting certain firms from foreign competition, or promoting the development of new industries. This volume looks at the experience of specific industries in order to determine the effectiveness of strategic trade policy in promoting economic growth. The nine papers cover the U.S. and European auto industries, the U.S. steel industry, the commercial aircraft industry, airline deregulation in Scandinavia, and labor and industrial policy in Korea and Taiwan. The authors refine the basic techniques for measuring policy effectiveness, extend them to encompass industry dynamics, and test the implications of new trade models. International economists and trade experts in government and business will find important new insights into the role of strategic trade policy in international competitiveness.
Author: Ha-Joon Chang
Publisher: Anthem Press
ISBN: 0857287613
Category : Business & Economics
Languages : en
Pages : 196
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Book Description
How did the rich countries really become rich? In this provocative study, Ha-Joon Chang examines the great pressure on developing countries from the developed world to adopt certain 'good policies' and 'good institutions', seen today as necessary for economic development. His conclusions are compelling and disturbing: that developed countries are attempting to 'kick away the ladder' with which they have climbed to the top, thereby preventing developing countries from adopting policies and institutions that they themselves have used.
Author: Thomas B. Gold
Publisher: M.E. Sharpe
ISBN: 9780765636430
Category : Business & Economics
Languages : en
Pages : 180
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Book Description
Explores the application of constructivist theory to international relations. The text examines the relevance of constructivism for empirical research, focusing on some of the key issues of contemporary international politics: ethnic and national identity; gender; and political economy.
Author: Peter Drysdale
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 52
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Book Description
Author: Guoding Li
Publisher: World Scientific
ISBN: 9789810218386
Category : Business & Economics
Languages : en
Pages : 330
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Book Description
Within thirty years of its humble beginnings, Taiwan was listed by the Organization for Economic Cooperation and Development (OECD) as one of ten newly industrialized countries (NICs). This book charts how and why such growth took place, and discusses areas of Taiwan's experience that might be useful in helping other countries achieve economic growth and improve their living standards.The second edition includes additional chapters and updated information and statistics.The author, one of the chief architects of Taiwan's economic development, worked with the government for forty years. Here, he draws on his extensive experience. He has held important positions such as Economics Minister, Finance Minister, and Minister without Portfolio dealing with, among other inter-ministerial problems, the Science and Technology Program. Presently, he is the Senior Advisor to the President. He has been involved in the development of economic, fiscal, monetary, industrial, international trade, manpower, science and technology policies.
