How Did Developed Countries Industrialize? The History Of Trade And Industrial Policy: The Cases Of Great Britain And The Usa
This paper examines the history of trade policy in Great Britain and the United States and also refer to the cases of Germany and France. This paper indicates that it is a fallacy that early industrializers could have developed their industrial sector without infant industry protection. Indeed in all cases, to develop their industries, they went through an infant industry protection phase and heavy government intervention in the foreign sector. Nevertheless, the degree of protection and government intervention varied from one country to another. The United States was the motherland of infant industry protection not only at the intellectual level but also in actual fact. Despite the fact that the Industrial Revolution contributed to the rapid industrialization of Great Britain, its industrial sector benefited from trade protection and other forms of government intervention in the trade flow through the Navigation Act and by means of political power and even military power.
|Date of creation:||1998|
|Date of revision:|
|Contact details of provider:|| Postal: Palais des Nations, CH - 1211 Geneva 10|
Phone: +41 22 907 12 34
Fax: +41 22 907 00 43
Web page: http://www.unctad.org/Templates/Page.asp?intItemID=2101&lang=1
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Paul BAIROCH & Richard KOZUL-WRIGHT, 1996. "Globalization Myths: Some Historical Reflections On Integration, Industrialization And Growth In The World Economy," UNCTAD Discussion Papers 113, United Nations Conference on Trade and Development.
- Erik S. Reinert, 1999. "The role of the state in economic growth," Journal of Economic Studies, Emerald Group Publishing, vol. 26(4/5), pages 268-326, September.
- Harley, C. Knick, 1992. "International Competitiveness of the Antebellum American Cotton Textile Industry," The Journal of Economic History, Cambridge University Press, vol. 52(03), pages 559-584, September.
When requesting a correction, please mention this item's handle: RePEc:unc:dispap:139. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joerg Mayer)
If references are entirely missing, you can add them using this form.