From the Foreword: Despite the longevity and importance of competition policy, there has been no comprehensive study of its objectives. Hence this work by Gorecki and Stanbury fills a gap in our understanding of how the objectives of a public policy are adapted to changes in the economy, shifts in political priorities, new developments in theory, and refinements in judicial decision making.

From the back cover: Canada can compete in international markets, but not, the authors contend, under the present national economic strategy. Policies that redistribute income and allocate resources through government fiat have weakended Canada's ability to transform its manufacturing sector to meet the new competititve challenges. D'Cruz and Fleck compare the performance of seventy-one Canadian industries from 1967 to 1981 with industries in Japan, the United States, Britain and France. To enhance the competitiveness of Canadian manufacturing, the authors propose a differential industrial strategy, one that emphasizes growth and development. Government, they say, must play a "hands-off" role in Canada's market economy, limiting itself to establishing the rules of the game. The authors recommend, in addition, macro-economic policies that would reduce the federal deficit, restrain wages for public servants, preserve low differentials between Canadian and American interest rates, and maintain the Canadian dollar at 70 cents U.S.

With the new introduction, Freda Hawkins brings Critical Years in Immigration up to date by discussing the directions taken by the Canadian and Australian governments since 1984. She also clarifies the implications of the recently announced Canadian immigration levels for 1991-95, discussing the government's reasoning and future plans.