The political economy of economic adjustment : the case of declining sectors / Michael J. Trebilcock. : Z1-1983/1-41-8E-PDF

"The primary purpose of this study is to examine why nations find it difficult in practice to adopt and maintain policies of "positive adjustment." We therefore review both Canadian and comparative experience. Essentially, the perspective we have adopted in this study is a "public choice" or "economics of politics" framework in which we analyze political constraints on economically desirable forms of adjustment. The principal focus will be on policies toward declining industrial sectors and the exit of resources from such sectors."--p. 2.

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