1. Protectionism and world welfare: introduction Dominick Salvatore Part I. The New Protectionism: An Overview: 2. Fair trade, reciprocity and harmonization: the novel challenge to the theory and policy of free trade Jagdish N. Bhagwati 3. The revival of protectionism in developed countries W. Max Corden 4. Changes in the global trading system: a response to shifts in national economic power Robert E. Baldwin 5. 'Fortress Europe' and retaliatory economic warfare Lawrence R. Klein and Pingfan Hong Part II. Trade Theory, Industrial Policies and Protectionism: 6. The changing structure of US trade William H. Branson 7. US response to foreign industrial policies Richard N. Cooper 8. The current case for industrial policy Paul R. Krugman 9. The case for bilateralism Rudiger W. Dornbusch Part III. Exchange Rates and Protectionsim: 10. Floating exchange rates and the new interblock protectionism: tariffs versus quotas Ronald I. McKinnon and K. C. Fung 11. The theory of tariffs and monetary policies Robert Mundell 12. Restrictions to foreign investment: a new form of protectionism Vito Tanzi and Isaias Coelho 13. The economics of content protection Michael Mussa 14. The relationship between exchange variability and protection George S. Tavlas, Joseph Ascheim, and Michael Ulan Part IV. The New Protectionism in the World Economy: 15. Trade protectionism and welfare in the United States Dominick Salvatore 16. Protectionism and growth of Japanese competitiveness Ryuzo Sato, Rama Ramachandran, and Shunichi Tsutsui 17. Commercial policies and protectionism in the European Community Norman Scott 18. Protectionism and the developing countries G. K. Helleiner 19. Trade liberalization: the New Eastern Europe in the global economy Jozef M. van Brabant.
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