Program in search of a policy: The chrysler loan guarantee

Brian M. Freeman and Allan I. Mendelowitz

Journal of Policy Analysis and Management, 1982, vol. 1, issue 4, 443-453

Abstract: In 1979, the U.S. government responded to the threat that Chrysler might close its doors with a program that had almost no U.S. precedents. The policy that lay behind the program was obscure at the time and remains so. A variant of the traditional argument for the protection of infant industries offers the glimmering of a rationalization. But defining a general policy in such cases remains a task for the future.

Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jpamgt:v:1:y:1982:i:4:p:443-453

DOI: 10.2307/3324774

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