Infant Industry Argument

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Infant industry argument

Argument that industries in the developing and emerging sectors of the economy need protection against international competition in order to establish themselves.

A policy position stating that new industries developing in a country need government protection. That is, the infant industry argument states that a government must subsidize these industries and/or protect them through tariffs. Proponents of this argument note that several East Asian tigers used this policy following World War II with a great deal of success. Critics maintain that these policies are capital intensive and not all states can afford them. It could also lead to retaliatory moves in countries to which a country seeks to export. See also: Import-substitution industrialization.

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No references found			The problem with the infant industry argument is not merely that it is abused (Mises, 1957; Mises 1981 [1969]); it is that it is intrinsically fallacious. Tariffs on steel: special interests vs. free enterprise by Saliba, Michael; Block, Walter; Levendis, John / Indian Journal of Economics and Business The infant industry argument for tariffs--the idea that trade barriers are needed to help a potentially competitive industry get started--can be, and has been, recast as a coordination argument, in which one's firms activities in a new industry are alleged to produce external benefits for other firms in the industry. Coercion vs. consent: a reason debate on how to think about liberty by Pinkerton, James P. / Reason Ipso facto, other than the national security objectives, health and welfare, and infant industry arguments, trade restrictions cannot be defended, since such restrictions would hamper economic growth or social welfare. IN SEARCH OF AN EMPIRICALLY DETERMINED NONLINEAR MULTIVARIATE ... by Kooros, Syrous K.; Asrabadi, Badiollah R. / Advances in Competitiveness Research			Inductive Reasoning Industria ciclica Industrial Industrial Bond industrial broker Industrial Development Board Industrial Development Bond Industrial Development Revenue Bond industrial park Industrial Production industrial property Industrial Revenue Bond Industrialization Fund for Developing Countries Industrials Industry Industry Allocation Industry Bet Industry Consultation Program Industry Life Cycle Industry Segment Inefficient Market Inefficient Portfolio Ineficacia en el mercado Ineficiencia del mercado Inelastic Infant Industry Argument Inflacao Inflacao de custos Inflacao de demanda Inflacao fundamental Inflacao global Inflacao importada Inflacao inercial Inflacao rastejante Inflacion Inflacion de costo Inflacion de costos Inflacion de demanda Inflacion encubierta Inflacion importada Inflacion inercial Inflacion latente Inflacion salarial Inflacion subyacente inflation Inflation Accounting Inflation des couts inflation guard inflation hedge Inflation hors energie et alimentation Inflation importee			Infant Child Health Assessment Program infant death infant death Infant Death Center of Wisconsin infant deathrate Infant Dermatitis Quality of Life Index Infant Development Inventory Infant Directed Speech Infant Family Support Program infant feeder infant feeding infant feeding infant feeding Infant Feeding Center Infant Feeding Counseling Infant Feeding Research Project Infant formula Infant Formula Action Coalition Infant Formula Council Infant Gastric Reflux Stories Infant growth and development Infant growth and development Infant Health and Development Program Infant Hearing Screening Program Infant Hercules Infant Hercules Syndrome Infant industries Infant industry Infant Industry Argument Infant Industry Theory Infant Jesus Catholic Church Infant Jesus Catholic Community Infant Jesus Educational Consultants Infant language acquisition Infant Low Birth Weight Infant Massage Infant Mental Health Infant Mental Health Journal Infant Mental Health Specialist Infant Monitoring Questionnaire infant mortality infant mortality infant mortality infant mortality infant mortality infant mortality attributable to birth defects Infant Mortality Condensed List Infant Mortality Failure Rate Infant mortality in the 20th century Infant mortality in the 20th century Infant mortality in the 20th century infant mortality rate infant mortality rate infant mortality rate infant mortality rate infant mortality rate infant mortality rate infant mortality rate infant mortality rate total

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