Synopses & Reviews
Over the past decade a small group of economists has challenged traditional wisdom about international trade.
Rethinking International Trade provides a coherent account of this research program and traces the key steps in an exciting new trade theory that offers, among other possibilities, new arguments against free trade.
Krugman's introduction is a valuable guide to research that has delved anew into the causes of international trade and reopened basic questions about the international pattern of specialization, the effects of protectionism, and what constitutes an optimal trade policy. In the four sections that follow, he takes a revisionary look at the causes of international trade, and discusses growth and the role of history, technological change and trade, and strategic trade policy.
Review
"Paul Krugman is probably the most innovative and influentialinternational trade theorist of the 1980s. This collection of hispapers establishes him as the youngest elder statesman in thisarea." Avinash Dixit , Princeton University The MIT Press
Review
Paul Krugman is probably the most innovative and influential international trade theorist of the 1980s. This collection of his papers establishes him as the youngest elder statesman in this area. The MIT Press
Synopsis
Over the past decade a small group of economists has challenged traditional wisdom about international trade.
About the Author
Paul Krugman is Professor of Economics and International Affairs at Princeton University.