Votes, Vetoes, and the Political Economy of International Trade Agreements

Nonfiction, Social & Cultural Studies, Political Science, International, International Relations, Government, Business & Finance
Cover of the book Votes, Vetoes, and the Political Economy of International Trade Agreements by Edward D. Mansfield, Helen V. Milner, Princeton University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Edward D. Mansfield, Helen V. Milner ISBN: 9781400842537
Publisher: Princeton University Press Publication: May 27, 2012
Imprint: Princeton University Press Language: English
Author: Edward D. Mansfield, Helen V. Milner
ISBN: 9781400842537
Publisher: Princeton University Press
Publication: May 27, 2012
Imprint: Princeton University Press
Language: English

Preferential trading arrangements (PTAs) play an increasingly prominent role in the global political economy, two notable examples being the European Union and the North American Free Trade Agreement. These agreements foster economic integration among member states by enhancing their access to one another's markets. Yet despite the importance of PTAs to international trade and world politics, until now little attention has been focused on why governments choose to join them and how governments design them. This book offers valuable new insights into the political economy of PTA formation. Many economists have argued that the roots of these agreements lie in the promise they hold for improving the welfare of member states. Others have posited that trade agreements are a response to global political conditions. Edward Mansfield and Helen Milner argue that domestic politics provide a crucial impetus to the decision by governments to enter trade pacts. Drawing on this argument, they explain why democracies are more likely to enter PTAs than nondemocratic regimes, and why as the number of veto players--interest groups with the power to block policy change--increases in a prospective member state, the likelihood of the state entering a trade agreement is reduced. The book provides a novel view of the political foundations of trade agreements.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Preferential trading arrangements (PTAs) play an increasingly prominent role in the global political economy, two notable examples being the European Union and the North American Free Trade Agreement. These agreements foster economic integration among member states by enhancing their access to one another's markets. Yet despite the importance of PTAs to international trade and world politics, until now little attention has been focused on why governments choose to join them and how governments design them. This book offers valuable new insights into the political economy of PTA formation. Many economists have argued that the roots of these agreements lie in the promise they hold for improving the welfare of member states. Others have posited that trade agreements are a response to global political conditions. Edward Mansfield and Helen Milner argue that domestic politics provide a crucial impetus to the decision by governments to enter trade pacts. Drawing on this argument, they explain why democracies are more likely to enter PTAs than nondemocratic regimes, and why as the number of veto players--interest groups with the power to block policy change--increases in a prospective member state, the likelihood of the state entering a trade agreement is reduced. The book provides a novel view of the political foundations of trade agreements.

More books from Princeton University Press

Cover of the book Brahms and His World by Edward D. Mansfield, Helen V. Milner
Cover of the book Economic Geography and Public Policy by Edward D. Mansfield, Helen V. Milner
Cover of the book The War for Afghanistan: A Very Brief History by Edward D. Mansfield, Helen V. Milner
Cover of the book The Undiscovered Self by Edward D. Mansfield, Helen V. Milner
Cover of the book The Closed Commercial State by Edward D. Mansfield, Helen V. Milner
Cover of the book Will You Be Alive 10 Years from Now? by Edward D. Mansfield, Helen V. Milner
Cover of the book Solid Biomechanics by Edward D. Mansfield, Helen V. Milner
Cover of the book A Turn to Empire by Edward D. Mansfield, Helen V. Milner
Cover of the book Local Histories/Global Designs by Edward D. Mansfield, Helen V. Milner
Cover of the book Collected Works of C.G. Jung, Volume 6 by Edward D. Mansfield, Helen V. Milner
Cover of the book A Certain Ambiguity by Edward D. Mansfield, Helen V. Milner
Cover of the book Thrive by Edward D. Mansfield, Helen V. Milner
Cover of the book The Zen of Magic Squares, Circles, and Stars by Edward D. Mansfield, Helen V. Milner
Cover of the book City of the Good by Edward D. Mansfield, Helen V. Milner
Cover of the book Dividing Lines by Edward D. Mansfield, Helen V. Milner
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy