ABSTRACT
Professor Schuh’s chapter adumbrates six major issues that he feels are particularly relevant to current and future policy analysis. The six issues are macroeconomic policy, trade policy, food as a wage good, strategic issues, adjustment policies, and the reform of existing international institutions. Actually, each of these issues are major areas of policy concern; and I wholeheartedly agree with Schuh’s general evaluation that, in all of these areas, our knowledge is lacking. However, I do not necessarily agree with the topics he chooses to emphasize within each of these broad categories, and I feel that his paper overlooks some important problems. Given the confines of a short paper that Professor Schuh faced, this is not only understandable, it is necessary. In what follows, I shall attempt to outline briefly some areas of concern that I think deserve emphasis. The major policy issue areas are the same as those used by Schuh.
