Beyond the Twin Deficits: A Trade Strategy for the 1990's

A Trade Strategy for the 1990's

Nonfiction, Social & Cultural Studies, Social Science, Crimes & Criminals, Criminology, Business & Finance
Cover of the book Beyond the Twin Deficits: A Trade Strategy for the 1990's by Robert A. Blecker, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Robert A. Blecker ISBN: 9781315288314
Publisher: Taylor and Francis Publication: September 16, 2016
Imprint: Routledge Language: English
Author: Robert A. Blecker
ISBN: 9781315288314
Publisher: Taylor and Francis
Publication: September 16, 2016
Imprint: Routledge
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Taylor and Francis

Cover of the book Memories of My Life by Robert A. Blecker
Cover of the book Managing Self-Harm by Robert A. Blecker
Cover of the book Teaching, Learning, and Schooling in Film by Robert A. Blecker
Cover of the book Communication in History by Robert A. Blecker
Cover of the book The Israeli-Palestinian Conflict by Robert A. Blecker
Cover of the book The Ashgate Research Companion to Minimalist and Postminimalist Music by Robert A. Blecker
Cover of the book The Solipsism of Modern Fiction by Robert A. Blecker
Cover of the book Facts And Theories Of Psychoanalysis by Robert A. Blecker
Cover of the book In Quest of the Mythical Mate by Robert A. Blecker
Cover of the book China-US Relations Transformed by Robert A. Blecker
Cover of the book The Nature of the Italian Party System by Robert A. Blecker
Cover of the book Understanding Energy Security in Central and Eastern Europe by Robert A. Blecker
Cover of the book Strategic Human Resource Management in China by Robert A. Blecker
Cover of the book The Political Economy of Chinese Development by Robert A. Blecker
Cover of the book The Routledge History of Italian Americans by Robert A. Blecker
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy