Tariffs and Modern Political Institutions: An Introduction (original) (raw)
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Journal of Policy Analysis and Management, 1988
necessarily and generally correct, only that we ought to look into ideas like this. All of the books reviewed here, especially Elazar's, raise for me enticing, far-reaching questions appropriate for empirical research that would usefully test many of the ideas in the literature about the character and workings of modern federal systems of government.
Free International Trade: The Economic and Political Entites Clash
WandyEssays (Pty) Ltd., 2014
To state that international trade of goods and services across state borders is a tug of war between Government and Private trader is an obvious matter. If that was not so, we would not have bodies that watch over international trade like World Trade Organization (W.T.O.) formerly known as General Agreements on Tariffs and Trade (GATT). International trade of goods and services is surrounded by a series of rules and regulations that trade has to comply to. Trade barriers are of a greater issue in the international trade. The clashing views between government and wealth creators have not really got out of hand but that is where it is heading. A series of bad impacts, spillovers and externalities arise as these two super power entities of trade have everlasting debatable views about trade of goods and services across the global market. Ethical codes get breached, humanity stepped over and neglected due to trade. Welcome to my research that looks at issues or impacts that arise in the international trade of goods and services as Political Entities works jointly with Economic Entities and how they deteriorate or enhance state economy, politics and ethical issues.
The Political Economy of International Trade
Annual Review of Political Science, 1999
▪ One of the most salient changes in the world economy since 1980 has been the move toward freer trade among countries across the globe. How do existing theories about trade policy explain this puzzle? Three sets of explanations are prominent. First, many focus on changes in trade policy preferences among domestic actors, either societal groups or political leaders. Second, scholars examine changes in political institutions to account for such policy change. Third, they seek explanations in changes in the international political system. Large-scale changes in political institutions, especially in the direction of democracy, may be necessary for the kind of massive trade liberalization that has occurred. But changes in preferences cannot be overlooked in explaining the rush to free trade. Moreover, the influence of international institutions has been important. Finally, the reciprocal impact of trade on domestic politics and the international political system is important. If the r...
The Political Economy of the WTO
In the introduction to the first chapter author tried to emphasized that the amount of global trade rose dramatically in the second part of the XX century. One of the stimulus of that raise was the creation of GATT/WTO whose processes and disciplines became the tools for liberalization of international trade. Then author keeps on developing his idea -not only trade in goods, but also in services and knowledge showed impressive growth, trade volume has own rapidly than output and GDP (due to the spread of vertical specialization of production). Even though most of the developing countries (including LDCs) are the members of WTO and their part in global production increased, the poorest countries get no benefit from membership, interests of the countries are increasingly distinct.
Economic Diplomacy and International Trade
DergiPark (Istanbul University), 2022
In the following paper economic diplomacy and international trade are analysed. The authors examine the basic components of economic diplomacy, its tools, objectives, and strategy. The article also overviews the transformation of the international trade agenda and the impact of globalization on trade policy. Multilateral initiatives in the framework of the World Trade Organisation, free trade, and open market are viewed as drivers in the long run. However, against the backdrop of globalization and pandemic, economic diplomacy remains a challenge. The authors suggest the WTO elaborate agenda and start procedural actions that would set the countries' economic, trade, and investment policies in alignment with their foreign and domestic policies to
How do domestic political interests and institutions affect trade politics?
Trade politics are influenced by international and domestic pressures. This essay will focus on the domestic pressures that influence governments and their trade policies. The factors of production a given industry utilises, as well as the position of consumer or producer, affect interests towards either trade protectionism or liberalisation. Moreover, the institutional composition of a country's government is a determinant of trade politics, through the electoral system and whether democratic or non-democratic. Examining how these affect trade politics will provide an insight into the influence of domestic factors.