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Protectionism and World Welfare
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Book description

This volume addresses highly topical issues at a crucial time in international economic relations. The world has never been closer to dismantling the liberal multilateral trading system which has been painstakingly established and successfully operated since the Second World War. In this volume many of the world's most distinguished economists examine the movement toward protectionism, bilateralism, and regionalism, and its causes, effects, and possible solutions. The contributors are theorists, researchers, and advisors to governments and international organizations who are at the forefront of trade theory, policy, and practice, and whose analyses have a real impact on international trade. By collecting together these analyses in a single volume, this book provides a unique survey for students and scholars of economics, and all those concerned with trade theory and policy in business and government.

Reviews

"The volume's interest lies not so much in any overall assessment of the effect of protectionism on well-being as in the stimulating arguments about the merits of particular trade-inhibiting strategies." Patrick Clawson, Orbis

"Overall, this volume is more than informative by combining theoretical, empirical and policy papers. It is a rewarding (and at times taxing) read." X. De Vanssay, Journal of European Integration

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