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Cambridge Journal of Economics Advance Access originally published online on February 7, 2005
Cambridge Journal of Economics 2005 29(5):729-745; doi:10.1093/cje/bei024
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© The Author 2005. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved.

Distortions in the trade policy for development debate: A re-examination of Friedrich List

P. Sai-wing Ho*

* University of Denver

Address for correspondence: P. Sai-wing Ho, Department of Economics, University of Denver, 2000 E. Asbury Ave., Denver, CO 80208, USA; email: pho{at}du.edu.

This paper re-examines the works of Friedrich List and argues that he had a vision of how to promote economic and social development from the initial state of an advanced agricultural society that has been distorted in the trade policy for development debate. It shows that his vision is much broader than the orthodox label of ‘protectionism’ conveys. He thus proposed many methods of promoting development, cautioned and suggested measures against the drawbacks of protection, and emphasised exports. It is hoped that this paper will contribute to the debate on the wisdom behind the current push toward trade liberalisation.

Key Words: Friedrich List • Development promotion • Trade protection • Trade policy debate

JEL classifications: B31, F13, O14, O24

Manuscript received September 15, 2003; final version received March 26, 2004.


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