Linking Trade and Technology Policies An International Comparison of the Policies of Industrialized Nations (1992) / Chapter Skim
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11. SUMMARY OF PANEL DISCUSSION
11. SUMMARY OF PANEL DISCUSSION
Pages 116-118
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From page 116... ...
The downside to trade policy becomes clear when the problems relate more to management failures, prolonged trade dispute resolution mechanisms that cannot address the immediate problems of a high-technology industry adversely affected by dumping, or the disincentives associated with foreign government subsidization. The somewhat controversial conclusion that Yoffie drew from this second set of problems was as follows: If governments wish to promote or assist high-technology firms, a "direct" approach is better than trade policy.
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From page 117... ...
government about which industries to support. Granger Morgan and others expressed concern that the international trading system might disintegrate if we "start subsidizing industries." Alexander Flax reminded the audience that the only way the United States can implement technology policy is to use the "defense fig
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From page 118... ...
The expertise of these two communities must be combined in order to link technology and trade policies, but in the United States there are different institutional bases, different cultures, and different legal mandates that affect the ability of agencies like the Office of Science and Technology Policy and the Office of the U.S. Trade Representative to work together.
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