A leading international economist looks at many of the key issues of trade policy nowconfronting the United States and the world in this timely book. Clear, informative, and witty,Jagdish Bhagwati provides the best available analysis of the protection debate and offers aprescription for reform in this turbulent area of trade policy.Bhagwati identifies new and powerfulinterests and ideologies that are likely to dominate the outcome of the debate. He argues thatopposing tendencies can be identified in trade-related ideologies and in the national and sectionalinterests that lobby on trade policy in pluralistic societies. He offers the prognosis that theforces favoring freer trade are more robust and more fundamental than the forces of protectionism,and that pro trade forces are likely to triumph in the end but only if we adapt appropriately theinstitutions within which these ideologies and interests must function.Through an appealingcombination of text, quotations, cartoons, tables, charts, and graphs, Bhagwati provides a masterlyand entertaining look at the forces for and against protection.Jagdish Bhagwati is Arthur LehmanProfessor of Economics and Professor of Political Science at Columbia University. Protectionism isbased on the inaugural series of Ohlin Lectures, which he delivered at the Stockholm School ofEconomics in October of 1987.