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The European steel industry in crisis

Author: Denby, Pamela ; Gabel, H. Landis ; Cadot, OlivierINSEAD Area: Economics and Political SciencePublisher: Fontainebleau : INSEAD, 1993.Language: EnglishDescription: 24 p.Type of document: INSEAD CaseAbstract: Describes the current "crisis" in the EC steel industry and traces its origins to policies instituted in the 1980s to deal with a similar crisis then. Those policies are contrasted with policies instituted in the USA in the 1980s and the results are compared. Attention is paid to EC-USA and Western-Eastern European trade conflictsPedagogical Objectives: The objective is to examine the range of public policies avaible for declining industries in the developed countries and the problems that invariably accompany each of them. From the experiences of the EC in the 1970s and 80's, especially in comparison with experiences at the same time in the USA, various lessons are drawn with relevance to managers
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The objective is to examine the range of public policies avaible for declining industries in the developed countries and the problems that invariably accompany each of them. From the experiences of the EC in the 1970s and 80's, especially in comparison with experiences at the same time in the USA, various lessons are drawn with relevance to managers

Describes the current "crisis" in the EC steel industry and traces its origins to policies instituted in the 1980s to deal with a similar crisis then. Those policies are contrasted with policies instituted in the USA in the 1980s and the results are compared. Attention is paid to EC-USA and Western-Eastern European trade conflicts

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