Old and new trade policies

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(51/93)
cepal.docTypeRevistas
cepal.idSade20072
cepal.topicEngVALUE CHAINS
cepal.topicEngINTERNATIONAL TRADE
cepal.topicEngTRADE POLICY AND TRADE AGREEMENTS
cepal.topicEngINDUSTRIAL DEVELOPMENT
cepal.topicSpaCADENAS DE VALOR
cepal.topicSpaCOMERCIO INTERNACIONAL
cepal.topicSpaPOLÍTICA COMERCIAL Y ACUERDOS COMERCIALES
cepal.topicSpaDESARROLLO INDUSTRIAL
cepal.workareaEngINTERNATIONAL TRADE AND INTEGRATION
cepal.workareaSpaCOMERCIO INTERNACIONAL E INTEGRACIÓN
dc.contributor.authorLederman, Daniel
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2014-01-02T18:41:00Z
dc.date.available2014-01-02T18:41:00Z
dc.date.issued1993-12
dc.descriptionIncludes bibliography
dc.description.abstractLatin American development strategies have historically been inextricably linked with trade theory and policy. The author's main argument is that the old infant industry and the new strategic trade arguments are fundamentally similar. Among their similarities is the justification of selective protection of certain economic sectors. Among their differences, the infant industry argument justifies temporary protection, while the argument in favour of strategic protection of certain industries justifies their protection on an indefinite basis. Yet, in the context of turning inward-oriented into outward-oriented economies, the difference between trade policy and industrial policy becomes nebulous. This is due to the theoretical conclusion drawn by both arguments -both of which favour protectionism- that the best, most welfare- enhancing policy choice, even for strategic sectors, is the use of subsidies. After examining the theoretical rationale of both arguments, this essay concludes with a set of observations and prescriptions concerning the economic, political and institutional implications which should be taken into account by policy-makers when attempting to design a viable, long-term strategic development plan.
dc.formatTexto
dc.format.extentpáginas. 123-131
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.1792-P
dc.identifier.urihttps://hdl.handle.net/11362/10470
dc.language.isoeng
dc.physicalDescriptionp. 123-131
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo51
dc.relation.isPartOfSeriesCEPAL Review
dc.subject.unbisEngCOMPARATIVE ADVANTAGE
dc.subject.unbisEngINDUSTRIAL POLICY
dc.subject.unbisEngINTERNATIONAL TRADE
dc.subject.unbisEngPROTECTIONISM
dc.subject.unbisEngTRADE POLICY
dc.subject.unbisEngVALUE CHAINS
dc.subject.unbisSpaCOMERCIO INTERNACIONAL
dc.subject.unbisSpaPOLITICA COMERCIAL
dc.subject.unbisSpaPOLITICA INDUSTRIAL
dc.subject.unbisSpaPROTECCIONISMO
dc.subject.unbisSpaVENTAJA COMPARATIVA
dc.subject.unbisSpaCADENAS DE VALOR
dc.titleOld and new trade policies
dc.type.coarartículo
dspace.entity.typePublication
relation.isAuthorOfPublication8076ed72-3678-46fc-82e6-e641ac7764c6
relation.isAuthorOfPublication.latestForDiscovery8076ed72-3678-46fc-82e6-e641ac7764c6
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