World Trade Policies: The Changing Panorama, 1920-1953; a Series of Contemporary Periodic Surveys

World Trade Policies: The Changing Panorama, 1920-1953; a Series of Contemporary Periodic Surveys

World Trade Policies: The Changing Panorama, 1920-1953; a Series of Contemporary Periodic Surveys

World Trade Policies: The Changing Panorama, 1920-1953; a Series of Contemporary Periodic Surveys

Excerpt

The distinctive character of this volume is derived from two facts. It brings together a series of periodic surveys of current events in the broad field of commercial policy over the past generation; and it represents the appraisal of those events by the same objective observer, surveying the scene from the same vantage point, year after year.

These successive panoramic sketches have been collected in response to the urging of a number of students in the field that there would thus become available a unique continuous account of an important aspect of recent economic history. It is not a retrospect over the course of foreign trade policies since World War I as it might be appraised today, with the benefit of hindsight. In fact, to retain the current atmosphere of each period and the judgment of events as they appeared to a contemporaneous observer, it was felt that the articles should be reprinted substantially as they originally appeared. No attempt has therefore been made to retouch, in the light of subsequent events, the judgments expressed at the time. The changes that have been made are essentially editorial in nature, such as revision of titles and subheads, recasting of footnotes, and occasional transfer or consolidation of passages for compactness.

However, since each article picks up where the preceding one left off, there is an inherent continuity in the material itself. Reading them in succession, one can easily follow the broad general shifts in the commercial policies of the nations from year to year, as well as the major regional cur-

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