Review: The International Political Economy: Domestic Trade Politics and the Uruguay round

Author(s):  
Bruce Fisher
2019 ◽  
Vol 22 (1) ◽  
pp. 399-417 ◽  
Author(s):  
In Song Kim ◽  
Iain Osgood

We survey the literature on firms as primary actors in trade politics. In contrast with prevailing approaches, firm-centered models predict that trade internally divides industries and that larger firms are the strongest advocates for globalization. This new preference map alters extant predictions about the dynamics of interest group contestation over trade and suggests revised accounts for how political organization and institutions contribute to an open international order. We also explore the potential for new insights into the operation of the global trade regime, the politics of foreign investment, immigration and capital movements, and exchange rates. Poli-tical activities undertaken by firms are important areas for further research in international political economy: Their economic engagements directly affect the movement of goods, services, capital, and people across the globe.


1990 ◽  
Vol 44 (4) ◽  
pp. 589-632 ◽  
Author(s):  
Richard A. Higgott ◽  
Andrew Fenton Cooper

Perhaps the key question of debate among neorealist scholars of international political economy concerns the manner in which cooperation may or may not be secured in the global economic order "after hegemony," a question posed by Robert Keohane. A second broad question of interest to scholars of international politics concerns the manner in which weaker states attempt to influence stronger ones. A conflation of these two questions could cause scholars and practitioners alike to pay closer attention than they have in the past to coalitions of the weak as vehicles for cooperation and regime building in the global political economy.This article offers a case study of one recent exercise in coalition building as an attempt to foster cooperation in a "nonhegemonic" environment. Specifically, it examines the role of the Cairns Group of Fair Trading Nations in its attempts to foster reform in global agricultural trade within the current Uruguay Round of trade negotiations. The Cairns Group is shown to be an atypical, single-issue driven, transregional coalition. Led by Australia, the Group's actions represent an interesting exercise in "middle power" politics in a global economic order whose decisionmaking processes are increasingly more fragmented and complex and whose major actors need coaxing toward processes of cooperative economic management.


Author(s):  
Arlo Poletti ◽  
Lorenzo Zambernardi

AbstractAs a result of the economic and political rise of China and Trump’s decision to undermine the liberal international order, theories of hegemony have regained center stage in both policy-oriented and scholarly debates. Yet, a careful analysis of the evolution of the US foreign policy strategy in the realm of international trade politics reveals that traditional theories of hegemonic decline are ill-equipped to account for both the timing and the content of the Trump administration’s behavior in this issue area. This paper argues in favor of integrating structural theories of hegemonic transition/stability with an analysis of the domestic sources of trade policy preferences. To do so, we draw on the International Political Economy literature highlighting how the domestic political process triggered by the dynamics of international economic competition combined with structural forces in shaping the timing and content of the Trump administration’s disengagement from the existing multilateral trade governance structures.


1989 ◽  
Vol 68 (2) ◽  
pp. 191
Author(s):  
William Diebold ◽  
Henry R. Nau

Author(s):  
Georg Menz

This new and comprehensive volume invites the reader on a tour of the exciting subfield of comparative political economy. The book provides an in-depth account of the theoretical debates surrounding different models of capitalism. Tracing the origins of the field back to Adam Smith and the French Physiocrats, the development of the study of models of political-economic governance is laid out and reviewed. Comparative Political Economy (CPE) sets itself apart from International Political Economy (IPE), focusing on domestic economic and political institutions that compose in combination diverse models of political economy. Drawing on evidence from the US, the UK, France, Germany, Sweden, and Japan, the volume affords detailed coverage of the systems of industrial relations, finance, welfare states, and the economic role of the state. There is also a chapter that charts the politics of public and private debt. Much of the focus in CPE has rested on ideas, interests, and institutions, but the subfield ought to take the role of culture more seriously. This book offers suggestions for doing so. It is intended as an introduction to the field for postgraduate students, yet it also offers new insights and fresh inspiration for established scholars. The Varieties of Capitalism approach seems to have reached an impasse, but it could be rejuvenated by exploring the composite elements of different models and what makes them hang together. Rapidly changing technological parameters, new and more recent environmental challenges, demographic change, and immigration will all affect the governance of the various political economy models throughout the OECD. The final section of the book analyses how these impending challenges will reconfigure and threaten to destabilize established national systems of capitalism.


Author(s):  
Kenneth C. Shadlen

The concluding chapter reviews the main findings from the comparative case studies, synthesizes the main lessons, considers extensions of the book’s explanatory framework, and looks at emerging challenges that countries face in adjusting their development strategies to the new global economy marked by the private ownership of knowledge. Review of the key points of comparison from the case studies underscores the importance of social structure and coalitions for analyses of comparative and international political economy. Looking forward, this chapter supplements the book’s analysis of the political economy of pharmaceutical patents with discussion of additional ways that countries respond to the monumental changes that global politics of intellectual property have undergone since the 1980s. The broader focus underscores fundamental economic and political challenges that countries face in adjusting to the new world order of privately owned knowledge, and points to asymmetries in global politics that reinforce these challenges.


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