Mihail Manoilescu’s international trade theories in retrospect: how and when emerging economies must be protected?
Nikolay Nenovsky () and
Dominique Torre ()
ICER Working Papers from ICER - International Centre for Economic Research
Abstract:
Mihail Manoilescu was one of the main intellectual personalities of the interwar period in Romania. He was known as a politician and a central banker, but also as an economist. From the very beginning of his theoretical and practical career, or at least from the late 1920s till the end of his life, Manoilescu’s ideas and theories were marked by a clear continuity and consistency based on the theory of protectionism. His defence of protectionism is generally presented as clumsy and founded on incorrect method. This paper contributes to a testament of Manoilescu’s conclusions, the validity of which we test in two different paradigms. Section 2 presents the theory of protectionism formulated by the author. Section 3 tries to interpret Manoilescu’s views in modern terms. It presents arguments assimilating his analysis to some post-Marxist presentations of the after-war period. It also develops a Ricardian model proving that Manoilescu’s intuitions can be verified in a Ricardian context. The last section concludes.
Keywords: Mihail Manoilescu; theory of protectionism; gains from trade (search for similar items in EconPapers)
JEL-codes: B22 B26 E42 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2013-10
New Economics Papers: this item is included in nep-cwa, nep-his, nep-hme, nep-hpe and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.bemservizi.unito.it/repec/icr/wp2013/ICERwp09-13.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:icr:wpicer:09-2013
Access Statistics for this paper
More papers in ICER Working Papers from ICER - International Centre for Economic Research Corso Unione Sovietica, 218bis - 10134 Torino - Italy. Contact information at EDIRC.
Bibliographic data for series maintained by Daniele Pennesi ().