Trade Policy Disaster: Lessons from the 1930s by Irwin, Douglas A.
Trade Policy Disaster: Lessons from the 1930s by Irwin, Douglas A.

Trade Policy Disaster: Lessons from the 1930s

The extreme protectionism that contributed to a collapse of world trade in the 1930s is examined in...
$113.25 AUD
$113.25 AUD
SKU: 9780262553834
Product Type: Books
Please hurry! Only 0 left in stock
Author: Douglas A. Irwin
Format: Paperback
Language: English
Subtotal: $113.25
10 customers are viewing this product
Trade Policy Disaster: Lessons from the 1930s by Irwin, Douglas A.

Trade Policy Disaster: Lessons from the 1930s

$113.25
Trade Policy Disaster: Lessons from the 1930s by Irwin, Douglas A.

Trade Policy Disaster: Lessons from the 1930s

$113.25
Author: Douglas A. Irwin
Format: Paperback
Language: English
Description
The 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.

Author: Douglas A. Irwin
Publisher: MIT Press
Published: 12/10/2024
Pages: 212
Binding Type: Paperback
ISBN: 9780262553834
Shipping & Return

Returns Policy

You may return most new, unopened items within 30 days of delivery for a full refund. We'll also pay the return shipping costs if the return is a result of our error (you received an incorrect or defective item, etc.).

You should expect to receive your refund within four weeks of giving your package to the return shipper, however, in many cases you will receive a refund more quickly. This time period includes the transit time for us to receive your return from the shipper (5 to 10 business days), the time it takes us to process your return once we receive it (3 to 5 business days), and the time it takes your bank to process our refund request (5 to 10 business days).

If you need to return an item, simply login to your account, view the order using the "Complete Orders" link under the My Account menu and click the Return Item(s) button. We'll notify you via e-mail of your refund once we've received and processed the returned item.

Shipping

We can ship to virtually any address in the world. Note that there are restrictions on some products, and some products cannot be shipped to international destinations.

When you place an order, we will estimate shipping and delivery dates for you based on the availability of your items and the shipping options you choose. Depending on the shipping provider you choose, shipping date estimates may appear on the shipping quotes page.

Please also note that the shipping rates for many items we sell are weight-based. The weight of any such item can be found on its detail page. To reflect the policies of the shipping companies we use, all weights will be rounded up to the next full pound.

Review

Related Products

Example product title
$113.25 AUD
$113.25 AUD
Example product title
$113.25 AUD
$113.25 AUD
Example product title
$113.25 AUD
$113.25 AUD
Example product title
$113.25 AUD
$113.25 AUD
Example product title
$113.25 AUD
$113.25 AUD
Example product title
$113.25 AUD
$113.25 AUD
Example product title
$113.25 AUD
$113.25 AUD
Example product title
$113.25 AUD
$113.25 AUD
Example product title
$113.25 AUD
$113.25 AUD
Example product title
$113.25 AUD
$113.25 AUD

Recently Viewed Products