Protectionism - Softcover

Bhagwati, Jagdish N.

4.26

23 ratings by Goodreads

Softcover

ISBN 10: 0262521504 ISBN 13: 9780262521505

Publisher: Mit Pr, 1989

View all copies of this ISBN edition:

A leading international economist looks at many of the key issues of trade policy now confronting the United States and the world in this timely book. Clear, informative, and witty, Jagdish Bhagwati provides the best available analysis of the protection debate and offers a prescription for reform in this turbulent area of trade policy. Bhagwati identifies new and powerful interests and ideologies that are likely to dominate the outcome of the debate. He argues that opposing tendencies can be identified in trade-related ideologies and in the national and sectional interests that lobby on trade policy in pluralistic societies. He offers the prognosis that the forces favoring freer trade are more robust and more fundamental than the forces of protectionism, and that pro trade forces are likely to triumph in the end but only if we adapt appropriately the institutions within which these ideologies and interests must function. Through an appealing combination of text, quotations, cartoons, tables, charts, and graphs, Bhagwati provides a masterly and entertaining look at the forces for and against protection.

Protectionism is based on the inaugural series of Ohlin Lectures, which he delivered at the Stockholm School of Economics in October of 1987.

"synopsis" may belong to another edition of this title.

About the Author:

Jagdish N. Bhagwati is University Professor of Economics, Law, and International Relations at Columbia University and former Adviser to the Director General of GATT, Arthur Dunkel. He is the author (with Arvind Panagariya) of Why Growth Matters: How Economic Growth in India Reduced Poverty and the Lessons for Other Developing Countries.

Review:

An economist who writes a short book in graceful English merits acclaim for that achievement alone. When he adds a sense of history and touches of humor, applause can only grow louder. Jagdish Bhagwati has done considerably more. He has adroitly expounded the arguments for free trade and protection in a form readily comprehensible to noneconomists, and at the same time has referred fellow practitioners to the latest research findings on the process and effects of international trade.... I recommend this model piece of exposition to anyone trying to make sense of the endless arguments over free trade, 'fair' trade, 'managed' trade, and outright protectionism.

―Robert Lekachman, New Leader

In this one small book, protectionism the major policy issue of our time has been beautifully summed up by Professor Bhagwati for both expert and general reader. A tour de force!

―Paul A. Samuelson

Professor Bhagwati's important and timely book refutes fashionable nonsense about trade policy coming from Congress and elsewhere. It also provides solid grounds for believing that the tide will turn against protection.

―Samuel Brittan, Assistant Editor, Financial Times

"About this title" may belong to another edition of this title.