THE ECONOMICS AND POLITICS OF INDUSTRIAL POLICY: SOME LESSONS FROM THE U.S. AND ABROAD |
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| Authors: | THOMAS D WILLETT |
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| Institution: | *Director, Claremont Center for Economic Policy Studies and Horton Professor of Economics, Claremont Graduate School and Claremont McKenna College. |
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| Abstract: | The accelerating United States trade deficit has again focused widespread political attention on industrial policy issues. However, given the breadth and complexity of the industrial policy issues, we can be confident that strengthening the U.S. international trade position will not be sufficient to quell concern over this area of economic policy. |
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