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International Trade Friedrich Lists Theory Of The Infant Industry Argument
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Book Synopsis Kicking Away the Ladder by : Ha-Joon Chang
Download or read book Kicking Away the Ladder written by Ha-Joon Chang and published by Anthem Press. This book was released on 2002-07-01 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis International Trade: Friedrich List's Theory of the infant industry argument by : Matthias Hilgert
Download or read book International Trade: Friedrich List's Theory of the infant industry argument written by Matthias Hilgert and published by GRIN Verlag. This book was released on 2005-05-03 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2005 in the subject Economics - International Economic Relations, grade: very good (UK: grade A, mark 7), University of Glasgow (Center of Development Studies), course: International Trade, language: English, abstract: The infant industry argument is one of the most famous arguments for protection against free international trade. The argument claims that protection is justified for new industries especially in less developed countries in order to establish them sufficiently. These infant industries are unable to compete with the old and well established industries located mostly in developed countries. The main reasons are differences in efficiency in production, information, knowledge and capital endowment (Suranovic, 2004). Since Friedrich List (1789-1846) had developed this argument at the beginning of the Nineteenth Century, since then infant industry protection has been immensely criticized among economists. Most economists agree to some reasonable circumstances that would justify the temporary and limited protection of an infant industry (Melitz, 1999). Nevertheless, there is a big community of opponents who claim that protection is likely to be only the second-best policy rather than the firstbest policy (Suranovic, 2004). Despite this opposition, almost all countries of the world have developed their industrial base by applying to infant industry protection (Krugman and Obstfeld, 2003 and Shafaeddin, 1998). This essay aims to examine Friedrich List’s theory of the infant industry argument in detail. First, it explores the origin of List’s theory by giving a general explanation and some background information, by identifying the pattern of protection and by examining the justification for his theory. Secondly, it critically examines List’s theory under a contemporary perspective by discussing the current issues of the infant industries argument. Finally, it asks the question, if List’s theory is still valid.
Book Synopsis The National System of Political Economy by : Friedrich List
Download or read book The National System of Political Economy written by Friedrich List and published by . This book was released on 1904 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economic Thought of Friedrich List by : Harald Hagemann
Download or read book The Economic Thought of Friedrich List written by Harald Hagemann and published by Routledge. This book was released on 2018-11-08 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the world grapples with increased globalization and technological change, Friedrich List’s work appears more relevant than ever before. His theory of "productive powers" and his argument for protecting infant industries give us a valuable way of looking at innovation systems, winners and losers in international trade, and the current shift towards economic and political nationalism. Comprising fifteen specially commissioned chapters from a range of international scholars, this book explores many aspects of List’s economic thought, including industrial development, political economy, the economics of education, infrastructure and catching-up processes in Asian economies. This volume will be illuminating reading for advanced students and researchers in the history of economic thought, economic history, economic policy and international trade.
Book Synopsis Rigged Rules and Double Standards by : Kevin Watkins
Download or read book Rigged Rules and Double Standards written by Kevin Watkins and published by Oxfam. This book was released on 2002 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical and detailed analysis of inequalities of world trade systems.
Book Synopsis The Pioneers of Development Economics by : Jomo Kwame Sundaram
Download or read book The Pioneers of Development Economics written by Jomo Kwame Sundaram and published by Zed Books. This book was released on 2005-09 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A survey of the main influences on the development of modern development economics.
Book Synopsis Against the Tide by : Douglas A. Irwin
Download or read book Against the Tide written by Douglas A. Irwin and published by Princeton University Press. This book was released on 1998-01-11 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: A delightful as well as educational read. It should be a set text for anyone interested in trade policy - The Economist.
Book Synopsis Studies in the Theory of International Trade by : Jacob Viner
Download or read book Studies in the Theory of International Trade written by Jacob Viner and published by Routledge. This book was released on 2016-11-03 with total page 555 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, originally published in 1937, Jacob Viner traces, in a series of studies of contemporary source-material, the evolution of the modern orthodox theory of international trade from its beginnings in the revolt against English mercantilism in the 17th and 18th centuries, through the English currency and tariff controversies of the 19th century, to the late 20th century. The author offers a detailed examination of controversies in the technical literature centering on important propositions of the classical and neo-classical economists relating to the theory of the mechanism of international trade and the theory of gain from trade.
Book Synopsis Comparative Advantage in International Trade by : Andrea Maneschi
Download or read book Comparative Advantage in International Trade written by Andrea Maneschi and published by Edward Elgar Publishing. This book was released on 1998-01-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Historians of international trade and trade theory, intellectual historians, and students of trade theory will all benefit from Andrea Maneschi's masterful work, which takes the reader through a considerable amount of the primary literature and presents technical models of international trade with great clarity.' - Sandra Peart, The International History Review
Book Synopsis Challenges to Globalization by : Robert E. Baldwin
Download or read book Challenges to Globalization written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2007-11-01 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.
Book Synopsis Alexander Hamilton's Famous Report on Manufactures by : United States. Department of the Treasury
Download or read book Alexander Hamilton's Famous Report on Manufactures written by United States. Department of the Treasury and published by . This book was released on 1892 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Theoretical Evolution of International Political Economy, Third Edition by : Darel E. Paul
Download or read book The Theoretical Evolution of International Political Economy, Third Edition written by Darel E. Paul and published by Oxford University Press. This book was released on 2013-09-16 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of seminal readings in international political economy charts the historical and theoretical evolution of the field from the seventeenth century to the present day. Bringing together classic works and leading contemporary arguments, this book outlines the development of three schools of IPE thought - Economic Nationalism, Liberalism and Marxism - while also including theoretical perspectives beyond the dominant traditions. The third edition not only retains but increases the number of classic works from the previous editions while also updating the reader with contemporary writings reflecting the most important recent theoretical developments in the field. It also incorporates new theoretical terrains with sections on feminist and Green IPE, as well as a wholly new introduction. Readings include works by Thomas Mun, Adam Smith, David Ricardo, John Stuart Mill, Alexander Hamilton, Friedrich List, Karl Marx, Friedrich Engels, V. I. Lenin, Karl Kautsky, Robert Keohane, Andrew Moravcsik, Robert Wade, Benjamin Cohen, Robert W. Cox, Giovanni Arrighi, Roland Vaubel, Ronald Rogowski, Michael Hardt, Antonio Negri, Marieke de Goede, Ann Tickner, Spike Peterson, Eric Helleiner and Alf Hornborg. Providing many of the most frequently cited IPE references in a single volume, the third edition of The Theoretical Evolution of International Political Economy continues to be an essential resource for students of both international relations and international economics.
Book Synopsis The Theoretical Evolution of International Political Economy, Third Edition by : Darel Paul
Download or read book The Theoretical Evolution of International Political Economy, Third Edition written by Darel Paul and published by Oxford University Press. This book was released on 2013-10-03 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of seminal readings in international political economy charts the historical and theoretical evolution of the field from the seventeenth century to the present day. Bringing together classic works and leading contemporary arguments, this book outlines the development of three schools of IPE thought - Economic Nationalism, Liberalism and Marxism - while also including theoretical perspectives beyond the dominant traditions. The third edition not only retains but increases the number of classic works from the previous editions while also updating the reader with contemporary writings reflecting the most important recent theoretical developments in the field. It also incorporates new theoretical terrains with sections on feminist and Green IPE, as well as a wholly new introduction. Readings include works by Thomas Mun, Adam Smith, David Ricardo, John Stuart Mill, Alexander Hamilton, Friedrich List, Karl Marx, Friedrich Engels, V. I. Lenin, Karl Kautsky, Robert Keohane, Andrew Moravcsik, Robert Wade, Benjamin Cohen, Robert W. Cox, Giovanni Arrighi, Roland Vaubel, Ronald Rogowski, Michael Hardt, Antonio Negri, Marieke de Goede, Ann Tickner, Spike Peterson, Eric Helleiner and Alf Hornborg. Providing many of the most frequently cited IPE references in a single volume, the third edition of The Theoretical Evolution of International Political Economy continues to be an essential resource for students of both international relations and international economics.
Book Synopsis Friedrich List (1789-1846) by : Eugen Wendler
Download or read book Friedrich List (1789-1846) written by Eugen Wendler and published by Springer. This book was released on 2014-09-16 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Friedrich List (1789-1846) was a prophet of social market economy, national economy and the infant-industry theory. In this comprehensive biography the international influence and reception of List’s theories is presented together with his extraordinary vita. List was a notable early advocate of economic integration of the many separate states of 19th century Germany. His basic theory is that of productive resources and the need to protect infant industries until they have matured enough to stand alone. He is recognized as a visionary economist with social responsibility and as an influential railway pioneer. He was a liberal and a democrat who promoted an extended representative democracy, including respect for human rights and civil liberties, to accompany industrial development. His highly influential main work “The National System of Political Economy” has been translated into many languages. Eugen Wendler, the renowned author and List expert, not only builds upon his many years of research, but also discusses several new sources. This richly illustrated book is as informative as it is well written.
Book Synopsis Does What You Export Matter? by : Daniel Lederman
Download or read book Does What You Export Matter? written by Daniel Lederman and published by World Bank Publications. This book was released on 2012-06-18 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.
Book Synopsis Absolute Essentials of International Business by : Alan Sitkin
Download or read book Absolute Essentials of International Business written by Alan Sitkin and published by Routledge. This book was released on 2020-09-24 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: As challenges to the era of globalisation emerge, international business grows in importance and complexity as a field of study. This shortform textbook introduces learners to the frameworks within which international business occurs and to the range of actions that companies might undertake in these environments. Owing to an emphasis on cross-border interactions, international business is a politicised field, and this book provides readers with the tools to deepen their understanding not only of the actions that companies might take but also of the economic, societal, cultural and political frameworks affecting how decisions are made. With a refreshing realism in its approach, this book will be perfect brief reading for students required to understand the obstacles that global business practitioners must overcome to succeed.
Book Synopsis A Dictionary of International Trade Organizations and Agreements by : Patrick Holden
Download or read book A Dictionary of International Trade Organizations and Agreements written by Patrick Holden and published by Routledge. This book was released on 2011-05-28 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new title examines international trade organizations and the agreements that govern them.
