Constituent Interests and U.S. Trade Policies

2010-05-25 Business & Economics

Author : Alan Verne Deardorff
Release : 2010-05-25
Genre : Business & Economics
Kind : eBook
Book Rating : 381/5 ( reviews)

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Book Synopsis Constituent Interests and U.S. Trade Policies by : Alan Verne Deardorff

Download or read book Constituent Interests and U.S. Trade Policies written by Alan Verne Deardorff. This book was released on 2010-05-25. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this volume, economists and political scientists from academic institutions, the private sector, and the Ways and Means Committee of the U.S. House of Representatives, came together to discuss an important topic in the formation of U.S. international trade policy: the representation of constituent interests. In the resulting volume they address the objectives of groups who participate in the policy process and examine how each group's interests are identified and promoted. They look at what means are used for these purposes, and the extent to which the groups' objectives and behavior conform to how the political economy of trade policy is treated in the economic and political science literature. Further, they discuss how effective each group has been. Each of the book's five parts offers a coherent view of important components of the topic. Part I provides an overview of the normative and political economy approaches to the modeling of trade policies. Part 2 discusses the context of U.S. trade policies. Part 3 deals with the role of sectoral producing interests, including the relationship of trade policy to auto, steel, textile, semiconductor, aircraft, and financial services. Part 4 examines other constituent interests, including the environment, human rights, and the media. Part 5 provides commentary on such issues as the challenges that trade policy poses for the new administration and the 105th Congress. The volume ultimately offers important and more finely articulated questions on how trade policy is formed and implemented. Contributors are Robert E. Baldwin, Jagdish Bhagwati, Douglas A. Brook, Richard O. Cunningham, Jay Culbert, Alan V. Deardorff, I. M. Destler, Daniel Esty, Geza Feketekuty, Harry Freeman, John D. Greenwald, Gene Grossman, Richard L. Hall, Jutta Hennig, John H. Jackson, James A. Levinsohn, Mustafa Mohatarem, Robert Pahre, Richard C. Porter, Gary R. Saxonhouse, Robert E. Scott, T. N. Srinivasan, Robert M. Stern, Joe Stroud, John Sweetland, Raymond Waldmann, Marina v.N. Whitman, and Bruce Wilson. Alan V. Deardorff and Robert M. Stern are Professors of Economics and Public Policy, University of Michigan.

Trading Policy

2008

Author : Nicholas Weller
Release : 2008
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Trading Policy by : Nicholas Weller

Download or read book Trading Policy written by Nicholas Weller. This book was released on 2008. Available in PDF, EPUB and Kindle. Book excerpt: Scholars have argued that constituent interests and political parties affect voting on trade policy legislation in the U.S. Congress. The existing empirical research on trade policy voting, however, has not utilized research designs that allow us to disentangle how constituents and parties affect legislative voting. In this paper we apply one-to-one matching research designs to compare the effects of constituency and party on trade policy voting in both the U.S. House and Senate. The research design allows us to account for a variety of different constituent factors that could influence voting, and then determine if party has any effect beyond constituent interests. The results suggest that party plays a significant role in legislative voting on trade policy once we account for constituency effects. Between 1824 and 1930, political party almost completely determines trade policy votes and although the effect of party is weaker since 1930 it is still significant. These results suggest that to understand the political economy of trade policy we need to incorporate the way that partisan politics affects trade policy.

Ideas, Interests, and American Trade Policy

2019-05-15 Political Science

Author : Judith Goldstein
Release : 2019-05-15
Genre : Political Science
Kind : eBook
Book Rating : 488/5 ( reviews)

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Book Synopsis Ideas, Interests, and American Trade Policy by : Judith Goldstein

Download or read book Ideas, Interests, and American Trade Policy written by Judith Goldstein. This book was released on 2019-05-15. Available in PDF, EPUB and Kindle. Book excerpt: To citizens and political analysts alike, United States trade law is an incoherent conglomeration of policies, both liberal and protectionist. Seeking to understand the contradictions in American policy, Judith Goldstein offers the first book to demonstrate the impact of the political past on today's trade decisions. As she traces the history of trade agreements from the antebellum era through the 1980s, she addresses a fundamental question: What effects do shared ideas about economics—as opposed to national power or individual self-interest—have on the institutions that make and enforce trade law? Goldstein argues that successful ideas become embedded in institutions and typically outlive the time during which they served social interests. She sets the stage with a discussion of the shifting commercial policy of the first half of the nineteenth century. After examining the consequences of the Republican party's decision to promote high tariffs between 1870 and 1930, she then considers in detail the political aftermath of the Great Depression, when the Democratic party settled on a reciprocal trade platform. Because the Democrats did not completely dismantle the existing system, however, the combined legacies of protection and openness help explain the intricacies in the forms of protectionism that political leaders have advocated since World War II. Readers in such fields as political science, political economy, policy studies and law, international relations, and American history will welcome Ideas, Interests, and American Trade Policy.

Clashing Over Commerce

2017-11-29 Political Science

Author : Douglas A. Irwin
Release : 2017-11-29
Genre : Political Science
Kind : eBook
Book Rating : 01X/5 ( reviews)

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Book Synopsis Clashing Over Commerce by : Douglas A. Irwin

Download or read book Clashing Over Commerce written by Douglas A. Irwin. This book was released on 2017-11-29. Available in PDF, EPUB and Kindle. Book excerpt: A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs

Conflict Amid Consensus in American Trade Policy

2000 Business & Economics

Author : Martha Liebler Gibson
Release : 2000
Genre : Business & Economics
Kind : eBook
Book Rating : 941/5 ( reviews)

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Book Synopsis Conflict Amid Consensus in American Trade Policy by : Martha Liebler Gibson

Download or read book Conflict Amid Consensus in American Trade Policy written by Martha Liebler Gibson. This book was released on 2000. Available in PDF, EPUB and Kindle. Book excerpt: Americans have witnessed inconsistent and seemingly dramatic turnabouts in legislators' attitudes toward trade, with strong bipartisan support for free trade and the Uruguay Round in one instant and heated debate over participation in the World Trade Organization the next. Martha L. Gibson systematically traces the competing forces that interject conflict into an overall consensus on the value of a liberalized trade policy. Cutting through the tangled web of congressional politics, Gibson shows why it is impossible to understand trade legislation without first understanding how electoral politics and the institutional rules of Congress distort legislators' interests, incentives, and policy goals. Gibson's book clearly shows that trade legislation is not made in a vacuum but is just one in a series of simultaneous games with competing goals in which legislators engage to satisfy the conflicting demands of constituents.

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