U.S. Protectionism and the World Debt Crisis

Synopsis

Ray presents a comprehensive review of U.S. trade policy since World War II, with particular emphasis on how that policy has affected developing countries. Special attention is given to trade policy shifts in the last 20 years in an attempt to determine whether or not U.S. trade concessions to developing countries contribute positively to their efforts to meet their considerable debt obligations. Ray combines theoretical discussion with empirical data drawn from the seven leading debtor nations in a provocative examination of the economic and sociopolitical causes and implications of changes in protectionism and the pattern of tariff and nontariff trade barriers in the last few decades.

Additional information

Contributors:
Publisher: Place of publication:
  • New York
Publication year:
  • 1989