Dr. Donald J. Daly is Professor of Economics in the Faculty of Administrative Studies, York University, Downsview, Ontario. He is a graduate of Queen's University, Kingston (B.Comm., B.A. and M.A.) and the University of Chicago (Ph.D. in economics). Dr. Daly worked for the federal government for more than twenty years before moving to York. He has presented papers in North America, Europe and Japan. His papers and books have covered such topics as tariffs and commercial policy; science policy; management; monetary, fiscal and exchange rate policy; and energy policy. He has acted as a consultant to federal government departments and agencies, the Government of Ontario, several royal commissions, and a number of Canada's leading business firms. His recent research has centred on the competitive position of Canadian manufacturing in world markets, and the role of government policy and corporate strategies in achieving improved performance. He has also studied similar developments in Japan.