The Global Restructuring of the Steel Industry


Book Description

Using case studies from USA, Japan, South Korea, Brazil and India, this work explains how and why the steel industry has shifted from the advanced capitalist countries to the late industrializing countries.




The Political Economy of Trade Protection


Book Description

This clear, concise summary of the in-depth analyses presented in The Political Economy of American Trade Policy examines the level, form, and evolution of American trade protection. In case studies of trade barriers imposed during the 1980s to help the steel, semiconductor, automobile, lumber, wheat, and textile and apparel industries, the contributors trace the evolution of efforts to obtain protection, protectionist measures, and their results. A chapter assessing the common themes that emerge from the studies concludes that the focus of current trade law is exclusively on the individual protection-seeking industries, with little regard for indirect effects on using industries or for consumers. Reform could usefully take these effects into account. This volume will interest policymakers, business executives, and anyone interested in trade policy formulation and practice.




The Political Economy of American Trade Policy


Book Description

In eight parallel analytical histories of the automobile, steel, semiconductor, lumber, wheat, and textile and apparel industries, the contributors demonstrate that trade barriers rarely have unequivocal benefits and may indeed be counterproductive in the long run. They also find that the political and administrative criteria for awarding protection do not take into account the interests of final consumers, other American industries, or foreign countries.




Running Steel, Running America


Book Description

The history of modern liberalism has been hotly debated in contemporary politics and the academy. Here, Judith Stein uses the steel industry--long considered fundamental to the U.S. economy--to examine liberal policies and priorities after World War II. In a provocative revision of postwar American history, she argues that it was the primacy of foreign commitments and the outdated economic policies of the state, more than the nation's racial conflicts, that transformed American liberalism from the powerful progressivism of the New Deal to the feeble policies of the 1990s. Stein skillfully integrates a number of narratives usually treated in isolation--labor, civil rights, politics, business, and foreign policy--while underscoring the state's focus on the steel industry and its workers. By showing how those who intervened in the industry treated such economic issues as free trade and the globalization of steel production in isolation from the social issues of the day--most notably civil rights and the implementation of affirmative action--Stein advances a larger argument about postwar liberalism. Liberal attempts to address social inequalities without reference to the fundamental and changing workings of the economy, she says, have led to the foundering of the New Deal state.




The Political Economy of American Trade Policy


Book Description

Exploring the political and economic determinants of trade protection, this study provides a wealth of information on key American industries and documents the process of seeking and conferring protection. Eight analytical histories of the automobile, steel, semiconductor, lumber, wheat, and textile and apparel industries demonstrate that trade barriers rarely have unequivocal benefits and may be counterproductive. They show that criteria for awarding protection do not take into account the interests of consumers or other industries and that political influence and an organized lobby are major sources of protection. Based on these findings, a final essay suggests that current policy fails to consider adequately economic efficiency, the public good, and indirect negative effects. This volume will interest scholars in economics, business, and public policy who deal with trade issues.




The GATT Negotiations and U.S. Trade Policy


Book Description

And conclusions -- I. Introduction -- II. GATT negotiations in perspective -- III. High-technology trade -- IV. Agriculture -- V. Mature industries: Automobiles, steel, textiles and apparel -- VI. Trade in Services.