Trade Effects of Public Subsidies to Private Enterprise

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By Geoffrey Denton, Seamus O'cleireacain, and Sally Ash

Macmillan Press (for the Trade Policy Research Centre), 1975, 293 pp

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More talked about than studied, subsidies will be a central problem for international economic relations in the years ahead. This hard-digging, clearly written work illuminates some British experience with industrial policy, but frankly shows how hard it is going to be to get satisfactory answers to some of the key questions.

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