Description
International trade and investment have flourished globally since the end of the Second World War. Notwithstanding the recent financial crisis in Asia, over the long term this has been especially true in the Asia-Pacific region. In July 1996 an International Economic Association roundtable conference on International Trade Policy and the Pacific Rim was held in Sydney, Australia, with the specific goal of analysing international trade policy in the Pacific region from both theoretical and applied perspectives. Bringing together some of the most eminent economists in the field, it focused especially on trade policy and welfare, on game-theoretic analyses of trade policy, and on the linkage between trade policy and endogenous growth. This volume is the outcome of that meeting. It comprises seventeen papers, covering both theoretical issues and the results of empirical research, invited comments on twelve of them and a summing up of the results of the conference.