Different Shades of American Protectionism

Jaya Prakash Pradhan

MPRA Paper from University Library of Munich, Germany

Abstract: America now advocates the path of free markets to industrialization. However, a cursory look into its developmental history shows that protectionism has been the hallmark of industrial, investment and trade policies followed in that country. Far from adopting free market regime, it has used the strategic interventions by state to promote American industries, especially knowledge-based ones. Therefore, developing and less developed countries should not neglect the strategic role of the state in development process and completely rely on a regime based on free market forces.

Keywords: Protectionism; industrialization (search for similar items in EconPapers)
JEL-codes: F13 N12 O14 (search for similar items in EconPapers)
Date: 2005-04
New Economics Papers: this item is included in nep-cwa and nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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