Trade and Protectionism
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Trade and Protectionism
During the first three decades following the Second World War, an increasingly open international trading system led to unprecedented economic growth throughout the world. But in recent years, that openness has been threatened by increased protectionism, regional trading arrangements—Europe 1992 and the U.S.-Canada Free Trade Agreement—and setbacks in negotiations on the General Agreement on Tariffs and Trade. In Trade and Protectionism, American and East Asian scholars consider the dangers of this trend for the world economy and especially for East Asian countries.
The authors look at the current global trading system and at the potential threats to East Asian economies from possible regional arrangements, such as separate trading blocks in the Western Hemisphere and Europe. They cover trade between the United States and Japan, Korea and Japan, and Japanese-East Asian trade policies; trade in agriculture and semiconductors and the frictions that have jeopardized this trade; and direct foreign investment. The contributors round out the work with discussions of the political economy of protection in Korea and Taiwan and political economy considerations as they affect trade policy in general.
This is the second volume of the National Bureau of Economic Research-East Asia Seminar on Economics. The first volume, The Political Economy of Tax Reform, also edited by Takatoshi Ito and Anne O. Krueger, addresses tax reform in the global economy.
The authors look at the current global trading system and at the potential threats to East Asian economies from possible regional arrangements, such as separate trading blocks in the Western Hemisphere and Europe. They cover trade between the United States and Japan, Korea and Japan, and Japanese-East Asian trade policies; trade in agriculture and semiconductors and the frictions that have jeopardized this trade; and direct foreign investment. The contributors round out the work with discussions of the political economy of protection in Korea and Taiwan and political economy considerations as they affect trade policy in general.
This is the second volume of the National Bureau of Economic Research-East Asia Seminar on Economics. The first volume, The Political Economy of Tax Reform, also edited by Takatoshi Ito and Anne O. Krueger, addresses tax reform in the global economy.
460 pages | 95 tables, 20 line drawings | 6 x 9 | © 1993
National Bureau of Economic Research East Asia Seminar on Economics
Asian Studies: East Asia
Economics and Business: Economics--International and Comparative
Table of Contents
Introduction, Takatoshi Ito and Anne O. Krueger
1 Discrimination, Regionalism, and GATT, Richard H. Snape
2 American Bilateral Trading Arrangements and East Asian Interests, Anne O. Krueger
Comments: Robert E. Baldwin and Kuo-shu Liang
3 Forward Pricing vs. Fair Value: An Analytic Assessment of "Dumping" in DRAMs, Kenneth Flamm
Comment: Yun-Wing Sung
4 Japan’s Agricultural Policy and Protection Growth, Masayoshi Honma
Comment: Joachim Zietz
5 The Growth of Agricultural Protection, Joachim Zietz and Alberto Valdes
Comment: Masayoshi Honma
6 Economic Growth and Trade Relations: Japanese Performance in Long-Term Perspective, Gary R. Saxonhouse
Comments: Takatoshi Ito and Yun-Wing Sung
7 Protectionist U.S. Trade Policy and Korean Exports, Chong-Hyun Nam
Comments: Shujiro Urata and Chia Siow Yue
8 Access to the Japanese Market by Asian Countries: A Case Study of the Wool Textile Industry, Motoshige Itoh and Kaori Hatanaka
Comments: Chong-Hyun Nam and Tan Eu Chye
9 Technology Transfer in the Asian Pacific Region: Implications of Trends since the Mid-1980s, Tran Van Tho
Comments: Takatoshi Ito and Bih Jane Liu
10 Japanese Foreign Direct Investment and Its Impact on Foreign Trade in Asia, Shujiro Urato
11 The Political Economy of U.S.-Taiwanese Trade and Other International Economic Relations, Robert E. Baldwin and Douglas Nelson
Comments: Koichi Hamada and Richard H. Snape
12 The Political Economy of Trade Protection in the Republic of China on Taiwan, Tain-Jy chen and Chi-ming Hou
Comments: Kenneth Flamm and Ching-huei Chang
13 Political Economy of Protection Structure in Korea, Yoo Jung-ho
Comments: Anne O. Krueger and Chia Siow Yue
14 Goverment Policy and Strategic Industries: The Case of Taiwan, Ya-Hwei Yang
Comments: Yoo Jung-ho and Tan Eu Chyel
15 Export-Oriented Growth and Equity in Korea, Wontack Hong
Comments: Motoshige Itoh and Richard H. Snape
1 Discrimination, Regionalism, and GATT, Richard H. Snape
2 American Bilateral Trading Arrangements and East Asian Interests, Anne O. Krueger
Comments: Robert E. Baldwin and Kuo-shu Liang
3 Forward Pricing vs. Fair Value: An Analytic Assessment of "Dumping" in DRAMs, Kenneth Flamm
Comment: Yun-Wing Sung
4 Japan’s Agricultural Policy and Protection Growth, Masayoshi Honma
Comment: Joachim Zietz
5 The Growth of Agricultural Protection, Joachim Zietz and Alberto Valdes
Comment: Masayoshi Honma
6 Economic Growth and Trade Relations: Japanese Performance in Long-Term Perspective, Gary R. Saxonhouse
Comments: Takatoshi Ito and Yun-Wing Sung
7 Protectionist U.S. Trade Policy and Korean Exports, Chong-Hyun Nam
Comments: Shujiro Urata and Chia Siow Yue
8 Access to the Japanese Market by Asian Countries: A Case Study of the Wool Textile Industry, Motoshige Itoh and Kaori Hatanaka
Comments: Chong-Hyun Nam and Tan Eu Chye
9 Technology Transfer in the Asian Pacific Region: Implications of Trends since the Mid-1980s, Tran Van Tho
Comments: Takatoshi Ito and Bih Jane Liu
10 Japanese Foreign Direct Investment and Its Impact on Foreign Trade in Asia, Shujiro Urato
11 The Political Economy of U.S.-Taiwanese Trade and Other International Economic Relations, Robert E. Baldwin and Douglas Nelson
Comments: Koichi Hamada and Richard H. Snape
12 The Political Economy of Trade Protection in the Republic of China on Taiwan, Tain-Jy chen and Chi-ming Hou
Comments: Kenneth Flamm and Ching-huei Chang
13 Political Economy of Protection Structure in Korea, Yoo Jung-ho
Comments: Anne O. Krueger and Chia Siow Yue
14 Goverment Policy and Strategic Industries: The Case of Taiwan, Ya-Hwei Yang
Comments: Yoo Jung-ho and Tan Eu Chyel
15 Export-Oriented Growth and Equity in Korea, Wontack Hong
Comments: Motoshige Itoh and Richard H. Snape