Trade Warriors: States, Firms, and Strategic-Trade Policy in High-Technology Competition

Name: Trade Warriors: States, Firms, and Strategic-Trade Policy in High-Technology Competition
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Book Synopsis: Commercial rivalries in high technology are among the most heated in today's global economy. From robotics to aerospace, states are subsidizing their national champions and competing for market share in the 'industries of tomorrow'. This book explains why states intervene and (or) retaliate in some high technology industries, but not in others, and how these commercial rivalries are likely to unfold. Dr. Busch argues that states subsidize national champions in industries promising externalities for domestic industries, spend more on subsidies where these benefits do not escape national borders, and are more likely to bring these commercial rivalries back from the brink of a trade war where these subsidies leave both states worse off. This book is among the first to argue specifically about externalities and to evaluate how they have, or have not, shaped decisions for strategic trade in several of the most important commercial rivalries in high technology. Drawing on new and previously unreported documentation from governments, firms, industry associations, and expert observers in Europe, Japan, and the US, Dr. Busch sheds new light on the high technology industries of the civil aircraft, semiconductors, high-definition television, robotics, and superconductors.

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Are you ready to dive into the intriguing world of high-technology competition? Look no further than 'Trade Warriors: States, Firms, and Strategic-Trade Policy'. This book delves deep into the heated rivalries between nations vying for dominance in industries that will shape the future. Dr Busch's insights on why states intervene or retaliate in certain sectors will leave you captivated and better informed about the dynamics at play.

Discover the hidden strategies and motivations behind state subsidies to national champions in industries with promising domestic benefits. Learn why some commercial rivalries escalate to the brink of trade wars, while others are deftly diffused. Gain unique perspectives on civil aircraft, semiconductors, high-definition television, robotics, and superconductors – industries that are pivotal in the high-technology landscape.

If you crave a deeper understanding of how externalities shape strategic trade decisions, this book is a must-read. Drawing on exclusive documentation from across the globe, 'Trade Warriors' offers a fresh perspective on the intricacies of high-technology competition. Stay ahead of the curve and equip yourself with invaluable insights to navigate this dynamic realm with confidence.

Ready to unravel the secrets of strategic-trade policies in high-technology competition? Order your copy of 'Trade Warriors: States, Firms, and Strategic-Trade Policy' today!

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