Protectionism and “Infant” Industries. Theoretical Approaches
For many centuries, the customs duties, the quantitative restrictions and other similar stipulations have represented the instruments specific to historical progress of any countries, from one moment of time to another; such instruments were emphasized either by increasing the revenues, by supporting the development of some areas, thus protecting them against to foreign competition, or by other reasons. The protectionist systems have had followers within all structures of the society, where each of them have brought substantiations dictated by own faith or interests.
Volume (Year): (2010)
Issue (Month): 1 ()
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- Douglas A. Irwin, 2003. "The Aftermath of Hamilton's "Report on Manufactures"," NBER Working Papers 9943, National Bureau of Economic Research, Inc.
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