Based on a comparative study of eight leading industrial powers this book argues that `new protectionism' is economically inefficient and countries should try to develop the policies which are least harmful to their trading partners.

1. A Conceptual Framework for Evaluating Alternative Trade-Related Adjustment Policies 2. Trade Protection Instruments 3. Industrial Subsidies as a Response to Sectoral Decline 4. Labour Market Adjustment Policies 5. The Politics of Adjustment 6. The Reform Agenda

Marsha Chandler, Robert Howse, Michael Trebilcock