 Infant Industry Arguments for Assistance to Industries in the Setting of Dynamic Trade TheoryH. Myint
Chapter Chapter 7 in International Trade Theory in a Developing World, 1963, pp 173-193 from Palgrave Macmillan Abstract: Abstract The aim of this paper is to survey the protectionist arguments which have been commonly put forward in relation to the economic development of the under-developed countries. I shall begin in Section II with a brief account of the traditional ‘infant industry’ and kindred arguments for protection. In Sections III and IV I shall consider a number of more recent arguments for protection, first on the cost side and next on the demand side of the question, which claim to deal with the broader structural and dynamic problems of economic development of the under-developed countries. In Section V we shall consider some of the difficulties of pursuing an effective protectionist policy in the setting of the present-day under-developed countries, which suggest a conflict, at the practical level, between such a policy and the commonly adopted form of over-all economic development planning involving an all-round restriction of imports. Keywords: External Economy; Money Wage; Infant Industry; International Trade Theory; Primary Export (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-08458-6_7 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-08458-6_7 Access Statistics for this chapter More chapters in International Economic Association Series from Palgrave Macmillan |
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