scholarly journals The Political Economy of Bilateralism and Multilateralism: Institutional Choice in International Trade and Taxation

2005 ◽  
Author(s):  
Thomas Rixen ◽  
Ingo Rohlfing
Keyword(s):  
Political Economy ◽  
International Trade ◽  
The Political ◽  
Institutional Choice

The Political Economy of Trade Openness Reform: Consequences of Reform for Russian Border Regions

2011 ◽  
pp. 118-138
Author(s):  
N. Ryzhova
Keyword(s):  
Political Economy ◽  
International Trade ◽  
Trade Openness ◽  
Income Redistribution ◽  
The Political ◽  
Trade Reform ◽  
Border Regions

The article deals with the incentives for increasing international trade centralization and restricting trade border regions openness in reformed economy. Two groups of incentives are determined in terms of new political economy approaches: fear of separatism and reluctance of income redistribution. The situation with the radical international trade reform in Russia, followed by correction of trade openness, illustrates key moments in the concepts.

The Political Economy of Trade Policy

1989 ◽  
Vol 3 (4) ◽  
pp. 119-135 ◽  
Author(s):  
Robert E Baldwin
Keyword(s):  
Political Economy ◽  
International Trade ◽  
Trade Policy ◽  
Machine Tools ◽  
Political Influence ◽  
The Other ◽  
The Political ◽  
Public Officials ◽  
Self Interest ◽  
Social Concerns

International trade seems to be a subject where the advice of economists is routinely disregarded. Economists are nearly unanimous in their general opposition to protectionism, but the increase in U.S. protection in recent years in such sectors as automobiles, steel, textiles and apparel, machine tools, footwear and semiconductors demonstrates that economists lack political influence on trade policy. Two broad approaches have been developed to analyze the political economics of trade policy and the processes that generate protectionism. One approach emphasizes the economic self-interest of the political participants, while the other stresses the importance of the broad social concerns of voters and public officials. This paper outlines the nature of the two approaches, indicating how they can explain the above anomalies and other trade policy behavior, and concludes with observations about integrating the two frameworks, conducting further research, and making policy based on the analysis.

Sign in / Sign up

Export Citation Format

Share Document