Beyond the Twin Deficits: A Trade Strategy for the 1990's
A Trade Strategy for the 1990's
Seiten
1992
Routledge (Verlag)
9781563240911 (ISBN)
Routledge (Verlag)
9781563240911 (ISBN)
An analysis of the declining trend in international competitiveness of US industry, indentifying three groups of countries that account for most of the trade deficit: Germany and Japan, the East Asian NICs and the Latin American debtors. For each case, underlying structural problems are explored.
This study documents evidence of a decline trend in the international competitiveness of US industry. The analysis identifies three groups of countries that account for most of the US trade deficit in the 1980s: the surplus countries, Germany and Japan; the East Asian NICs; and the Latin American debtors. In each case the author points to underlying structural problems contributing to the deficit. They call for quite different US policy responses, including microeconomic and industrial policies, incentives to revive productivity, growth and technological innovation, import surcharges, wage increases in the NICs, currency realignments, US capital exports, and debt relief. A pragmatic policy approach, with efforts to open foreign markets, aims to achieve the greatest possible reduction in the trade deficit with the lowest possible cost from macroeconomic adjustments. The author urges the reversal of two adverse trends in his policy strategy: the decline in public sector investment and the decreasing progressivity of the tax code.
This study documents evidence of a decline trend in the international competitiveness of US industry. The analysis identifies three groups of countries that account for most of the US trade deficit in the 1980s: the surplus countries, Germany and Japan; the East Asian NICs; and the Latin American debtors. In each case the author points to underlying structural problems contributing to the deficit. They call for quite different US policy responses, including microeconomic and industrial policies, incentives to revive productivity, growth and technological innovation, import surcharges, wage increases in the NICs, currency realignments, US capital exports, and debt relief. A pragmatic policy approach, with efforts to open foreign markets, aims to achieve the greatest possible reduction in the trade deficit with the lowest possible cost from macroeconomic adjustments. The author urges the reversal of two adverse trends in his policy strategy: the decline in public sector investment and the decreasing progressivity of the tax code.
Blecker, Robert A.
Chapter 1 Executive Summary; Introduction; Chapter 1a Competitiveness, Trade, and Incomes; Chapter 2 Disentangling the Twin Deficits; Chapter 3 Evidence for a Secular Decline in Competitiveness; Chapter 4 Structural Roots of U.S. Trade Problems: An Overview; Chapter 5 The Industrialized Surplus Countries: Japan and Germany; Chapter 6 Trade Problems with Developing Countries; Chapter 7 Implications for Policy;
| Erscheint lt. Verlag | 30.4.1992 |
|---|---|
| Verlagsort | New York |
| Sprache | englisch |
| Maße | 152 x 229 mm |
| Gewicht | 453 g |
| Themenwelt | Sozialwissenschaften ► Politik / Verwaltung ► Staat / Verwaltung |
| Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
| ISBN-13 | 9781563240911 / 9781563240911 |
| Zustand | Neuware |
| Informationen gemäß Produktsicherheitsverordnung (GPSR) | |
| Haben Sie eine Frage zum Produkt? |
Mehr entdecken
aus dem Bereich
aus dem Bereich
Organisationen steuern, Strukturen schaffen, Prozesse gestalten
Buch | Softcover (2024)
Rehm Verlag
CHF 53,20
zukunftsfähige Kommunalentwicklung : Strategien und Instrumente, die …
Buch | Softcover (2025)
Springer Fachmedien Wiesbaden (Verlag)
CHF 59,90
über 1000 Stichworte mit Fundstellenhinweisen
Buch (2025)
NWB Verlag
CHF 36,90
