Mismanaged Trade?: Strategic Policy and the Semiconductor Industry

Front Cover
Brookings Institution Press, 2010 M12 1 - 489 pages

The semiconductor industry is at the forefront of current tensions over international trade and investment in high technology industries. This book traces the struggle between U.S. and Japanese semiconductor producers from its origins in the 1950s to the novel experiment with "managed trade" embodied in the U.S.-Japan Semiconductor Trade Arrangements of 1986, and the current debate over continuation of elements of that agreement. Flamm provides a thorough analysis of this experiment and its consequences for U.S. semiconductor producers and users, and presents extensive discussion of patterns of competition within the semiconductor industry. Using a wealth of new data, he argues that a fundamentally new trade regime for high technology industries is needed to escape from the present impasse. He lays out the alternatives, from laissez-faire to managed trade, and argues strongly for a new set of international ground rules to regulate acceptable behavior by government and firms in high-tech industries.

Flamm's detailed analysis of competition within the semiconductor industry will be of great value to those interested in the industrial organization of high-technology industries, as well as those concerned with trade and technology policy, international competition, and Japanese industrial policies.

 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

I
1
II
7
III
18
IV
27
V
39
VI
40
VII
49
VIII
52
XXXIX
223
XL
227
XLI
272
XLII
278
XLIII
279
XLIV
292
XLV
294
XLVI
301

IX
55
X
59
XI
68
XII
70
XIII
73
XIV
75
XV
77
XVI
88
XVII
90
XVIII
94
XIX
100
XX
107
XXI
113
XXII
119
XXIII
124
XXIV
127
XXV
128
XXVI
132
XXVII
136
XXVIII
141
XXIX
144
XXX
147
XXXI
148
XXXII
153
XXXIII
159
XXXIV
162
XXXV
175
XXXVI
201
XXXVII
212
XXXVIII
216
XLVII
305
XLVIII
307
XLIX
311
L
313
LI
334
LII
358
LIII
359
LIV
365
LV
372
LVI
382
LVII
387
LVIII
396
LIX
398
LX
405
LXI
415
LXII
417
LXIII
418
LXIV
425
LXV
427
LXVI
429
LXVII
433
LXVIII
437
LXIX
442
LXX
449
LXXI
454
LXXII
455
LXXIII
457
LXXIV
461
Copyright

Other editions - View all

Common terms and phrases

Popular passages

Page v - ... outside readers who report to him in confidence on the quality of the work. Publication of a work signifies that it is deemed a competent treatment worthy of public consideration but does not imply endorsement of conclusions or recommendations.

About the author (2010)

Kenneth Flamm is a senior fellow in Economic Studies and Foreign Policy Studies at the Brookings Institution.

Bibliographic information