In This Review

American Industry in International Competition
American Industry in International Competition
Edited by John Zysman and Laura D'Andrea Tyson
Cornell University Press, 1983, 432 pp.

The bulk of this valuable book is made up of fairly detailed studies of American industries that are having trouble coping with foreign competition: steel, automobiles, color TV, semiconductors, footwear, textiles and apparel. The editors relate the analyses of the pieces to one another and make a good argument for the selective use of sectoral policies when general policies fail, especially to facilitate adjustment and avoid protective measures. A chapter on small business in Italy fits in none too neatly but is too interesting in its analysis to ignore.