Description
Book SynopsisThe erosion of Canadian industrial strength in the early 1970s prompted Canada to rethink its postwar industrial adjustment strategy. From the early 1970s to the early 1980s, Ottawa tried trade diversification, foreign investment regulation, and an interventionist industrial policy. This path of policy development, however, produced limited positive results. In response to new opportunities and constraints in the mid-1980s, the Canadian government switched to a new policy path that sought to deregulate the domestic market and establish a continental institutional frameworkwith rules that would guarantee market access and facilitate the settlement of trade disputes. Since then, industrial adjustment has been shaped by liberal continentalism. This book develops a theoretical framework to account for the sequence of industrial adjustment policy actions between the early seventies and first decade of the twenty-first century, explaining why liberal continentalism has emerged as the dominant policy framework.
Trade Review…a clear and rich description of Canada's shift from nationalism to liberal continentalism in its industrial policy. -- Howard H. Lentner, professor emeritus of political science, City University of New York
An important book on a timely topic….Bernard has utilized several perspectives, including theories of relative disparity shift and voice opportunity, as well as counterweight theory and historical institutionalism…[an] excellent book, sure to attract the interests of political economists and observers of Canadian politics. -- Ross E. Burkhart, Boise State University
Table of ContentsChapter 1 Acknowledgements Chapter 2 1. Introduction Chapter 3 PART 1: Theoretical Framework and Historical Overview Chapter 4 2. Explaining Industrial Adjustment Policy Chapter 5 3. The Role of the Canadian State in the Economy Chapter 6 PART II: The Strategy of Economic Nationalism Chapter 7 4. The Limits of Trade Diversification Chapter 8 5. The Limits of State Entrepreneurship and Gatekeeping Chapter 9 PART III: The Stratgy of Liberal Continentalism Chapter 10 6. The Market as a Political Economic Solution Chapter 11 7. Industrial Adjustment in the 1990s and Beyond Chapter 12 References Chapter 13 Index
