Stifling Trade Policy, Case of Nigeria and the Infant Industry Argument: A Review Article

2015 ◽  
Vol 4 (1) ◽  
pp. 133
Author(s):  
Camden Bowman ◽  
Kishore G. Kulkarni
Keyword(s):  
Trade Policy ◽  
Review Article ◽  
Infant Industry

scholarly journals Competitive Economic Development of The Republic of Moldova

2018 ◽  
Vol 2 (1) ◽  
Author(s):  
Perchinschi Natalia ◽  
Gribincea Alexandr
Keyword(s):  
Trade Policy ◽  
Trade Agreement ◽  
Temporary Increase ◽  
Trade Barriers ◽  
Company Town ◽  
Restrictive Trade ◽  
Infant Industry ◽  
The Republic ◽  
The One ◽  
A Company

With this general framework in mind, this section has explained through various examples the circumstances in which economic theory would justify a temporary increase in trade barriers – even above the level of commitments in a trade agreement. These circumstances include when an import surge provides an argument for an increase in trade barriers as well as when a change in demand or supply or in policy leads to a sharp contraction for a particular sector and this, in turn, has a negative externality (like in the case of the one-company town). Another argument for trade policy intervention is when something alters the degree of competition in the market – for example, if a company indulges in predatory dumping. Other circumstances include developing countries providing support to infant industry, action to address balance of payment crises, and responding to a sharp increase in the world price of a product. In all these cases, the adoption of restrictive trade policy can be justified as a second-best option.

Trade policy in the 1980s: A review article

1985 ◽  
Vol 121 (1) ◽  
pp. 142-150 ◽  
Author(s):  
H. Peter Gray
Keyword(s):  
Trade Policy ◽  
Review Article

scholarly journals A Review of the Strength of Trade Polices in Emerging Economies towards their Goals of Sustainable Economic Development

2021 ◽  
Vol 3 (3) ◽  
Author(s):  
Rahat Sabah
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Trade Policy ◽  
Developing Economies ◽  
Trade Policies ◽  
Economic Sectors ◽  
Sustainable Economic Development ◽  
Policy Tool ◽  
Infant Industry

Purpose: The study aims to offer a review of trade policies and Export Processing Zones (EPZs) policies and their outcomes in developing economies. The EPZs are presented as a trade policy tool by using which the developing economies trying to pursue export-led growth policy can also achieve the goals of sustainable economic development. Design/Methodology/Approach: The study has followed qualitative research design using literature review logical and qualitative text analysis to critically summarize the trade theories, policies and growth theories specially the EPZs based trade policy in developing countries. Finding: The study has revealed that the developing countries are enhancing their economic growth and expanding their economic sectors through international trade. The mercantilist trade policies under infant industry argument or others have not been much successful in spurring long term growth. EPZs are identified as a strategic trade policy tool by which developing countries can achieve economic growth and sustainable development goals (SDGs). Implications/Originality/Value: It is concluded that the infant-industry idea has not helped developing countries regarding economic growth and development. The findings presented herein are useful for political leaders and economic managers in developing countries aspiring to achieve economic growth and SDGs.

Policy rivalry among industrial states: what can we learn from models of strategic trade policy?

1989 ◽  
Vol 43 (1) ◽  
pp. 73-100 ◽  
Author(s):  
Klaus Stegemann
Keyword(s):  
Trade Policy ◽  
International Markets ◽  
Policy Implications ◽  
Strategic Trade Policy ◽  
International Context ◽  
Strategic Trade ◽  
Strategic Manipulation ◽  
Infant Industry ◽  
Economics Profession ◽  
Spencer Model

The economic theory of international trade has changed dramatically over the last decade by admitting into its mainstream a body of literature that focuses on the implications of monopolistic and oligopolistic elements in international markets. By applying the tools of the “new” industrial organization in an international context, two new classes of models have emerged: models of intra-industry trade and models of strategic trade policy. The policy implications of models of strategic trade policy were quite disturbing for the economics profession, since these models demonstrated that the classical harmony between national and cosmopolitan welfare maximization does not exist if one assumes opportunities for strategic manipulation of oligopolistic international industries. This article reviews two prominent models of strategic trade policy—the Brander-Spencer model and the Krugman model—and relates them to more familiar earlier concepts, such as Stackelberg's asymmetrical duopoly solution and the venerable infant-industry argument for government intervention. The primary purpose of this article, however, is to provide a synopsis of the large literature addressing the question of whether models of strategic trade policy can give guidance for government policy.

Desiderata in connection by the calibration of the MK-system

1966 ◽  
Vol 24 ◽  
pp. 348-349
Author(s):  
Th. Schmidt-Kaler
Keyword(s):  
Absolute Magnitude ◽  
Review Article ◽  
Stellar Systems ◽  
Astronomical Data ◽  
Intrinsic Colour

This is only an informal remark about some difficulties I am worrying about.I have tried to recalibrate the MK system in terms of intrinsic colour (B–V)0and absolute magnitudeMv. The procedures used have been described in a review article by Voigt (Mitt. Astr. Ges.1963, p. 25–35), and the results for stars of the luminosity classes Ia-O,I and II have been given also in Blaauw's article on the calibration of luminosity criteria in vol. III (Basic Astronomical Data, p. 401) ofStars and Stellar Systems.

Electron-deficient boron-based catalysts for C–H bond functionalisation

2021 ◽  
Author(s):  
Yuanhong Ma ◽  
Shao-Jie Lou ◽  
Zhaomin Hou
Keyword(s):  
Review Article ◽  
Current Status ◽  
Comprehensive Overview

This review article provides a comprehensive overview to recognise the current status of electron-deficient boron-based catalysis in C–H functionalisations.

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