General Measures to Assist Workers and Firms in Adjusting to Injury from Freer Trade: Issues Raised by Various European Approaches and Some ad hoc Industry Measures Adopted elsewhere

Leslie Stein

American Journal of Economics and Sociology, 1983, vol. 42, issue 3, 315-327

Abstract: Abstract. Various European measures to alleviate hardships following structural changes. including those resulting from changes in international trade. particularly imports. are summarized. It is noted that sectional political pressures tend to generate industry‐specific schemes, especially in the textile, clothing and footwear fields. In some cases, the individual schemes facilitate change. But, in many others, they simply frustrate and hinder inevitable adjustment. Instances of both types are cited. The characteristics of an ‘ideal’ scheme are itemized along with some of the difficulties in maintaining them. Finally, suggestions are made to de‐politicize the tariff‐maknig process in the interest of freer trade.

Date: 1983
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