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001387633 0248_ $$a9786613594709
001387633 035__ $$a(OCoLC)776201960$$z(OCoLC)785779647$$z(OCoLC)794619364$$z(OCoLC)871888587$$z(OCoLC)961616643$$z(OCoLC)962690548$$z(OCoLC)988416092$$z(OCoLC)988487423$$z(OCoLC)992022573$$z(OCoLC)1037902680$$z(OCoLC)1038682861$$z(OCoLC)1038697175$$z(OCoLC)1055405060$$z(OCoLC)1066415561$$z(OCoLC)1081293515
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001387633 1001_ $$aIrwin, Douglas A.,$$d1962-
001387633 24510 $$aTrade policy disaster :$$blessons from the 1930s /$$cDouglas A. Irwin.
001387633 260__ $$aCambridge, Mass. :$$bMIT Press,$$c©2012.
001387633 300__ $$a1 online resource (xv, 195 pages) :$$billustrations.
001387633 336__ $$atext$$btxt$$2rdacontent
001387633 337__ $$acomputer$$bc$$2rdamedia
001387633 338__ $$aonline resource$$bcr$$2rdacarrier
001387633 4901_ $$aThe Ohlin lectures
001387633 506__ $$aAccess limited to authorized users.
001387633 520__ $$aThe extreme protectionism that contributed to a collapse of world trade in the 1930s is examined in light of the recent economic crisis.The recent economic crisis--with the plunge in the stock market, numerous bank failures and widespread financial distress, declining output and rising unemployment--has been reminiscent of the Great Depression. The Depression of the 1930s was marked by the spread of protectionist trade policies, which contributed to a collapse in world trade. Although policymakers today claim that they will resist the protectionist temptation, recessions are breeding grounds for economic nationalism, and countries may yet consider imposing higher trade barriers. In Trade Policy Disaster, Douglas Irwin examines what we know about trade policy during the traumatic decade of the 1930s and considers what we can learn from the policy missteps of the time.Irwin argues that the extreme protectionism of the 1930s emerged as a consequence of policymakers' reluctance to abandon the gold standard and allow their currencies to depreciate. By ruling out exchange rate changes as an adjustment mechanism, policymakers turned instead to higher tariffs and other means of restricting imports. He offers a clear and concise exposition of such topics as the effect of higher trade barriers on the implosion of world trade; the impact of the Smoot-Hawley tariff of 1930; the reasons some countries adopted draconian trade restrictions (including exchange controls and import quotas) but others did not; the effect of preferential trade arrangements and bilateral clearing agreements on the multilateral system of world trade; and lessons for avoiding future trade wars.
001387633 588__ $$aOCLC-licensed vendor bibliographic record.
001387633 650_0 $$aCommercial policy$$xHistory.
001387633 650_0 $$aProtectionism$$xHistory.
001387633 650_0 $$aFree trade$$xHistory.
001387633 650_0 $$aForeign exchange rates$$xHistory.
001387633 653__ $$aECONOMICS/Trade & Development
001387633 655_0 $$aElectronic books
001387633 852__ $$bebk
001387633 85640 $$3MIT Press$$uhttps://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/8886.001.0001?locatt=mode:legacy$$zOnline Access through The MIT Press Direct
001387633 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
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001387633 980__ $$aBIB
001387633 980__ $$aEBOOK
001387633 982__ $$aEbook
001387633 983__ $$aOnline