Hostname: page-component-586b7cd67f-dsjbd Total loading time: 0 Render date: 2024-11-30T20:40:29.074Z Has data issue: false hasContentIssue false
  • English
  • Français

The Political Economy of Trade: Institutions of Protection

Published online by Cambridge University Press:  01 August 2014

Judith Goldstein
Judith Goldstein*
Affiliation:
Stanford University
Get access Rights & Permissions [Opens in a new window]

Abstract

Domestic support for a liberal commercial policy in the U.S. rests on a commonly accepted set of rules and norms. These rules and norms, best characterized as a defense of free and fair trade, arise from two different traditions. The first originated as a political reaction to high trade barriers preceding the Great Depression. Central decision makers took as a lesson from the depression period that short-term political forces should not determine the level of state intervention into the market. The second, to protect against unfair trade, emanates from a long history of state support for industries that claim foreign producers are pursuing unfair predatory practices. Established in statute before the Depression, these rules did not fundamentally change in the postwar period. Together, these decision rules are used to interpret American trade protectionism.

Type
Articles
Information
American Political Science Review , Volume 80 , Issue 1 , March 1986 , pp. 161 - 184
Copyright
Copyright © American Political Science Association 1986

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Aggarwal, Vinod K. 1983. The Unraveling of the Multi-Fiber Arrangement, 1981: An Examination of International Regime Change. International Organization, 37:617–645.CrossRefGoogle Scholar
Baldwin, Robert E. 1982. The Inefficacy of Trade Policy. Essays in International Finance, 150: 1–26.Google Scholar
Bauer, Raymond, Pool, Ithiel de Sola, and Dexter, Lewis Anthony. 1963. American Business and Public Policy: The Politics of Foreign Trade. Chicago: Aldine.Google Scholar
Blank, Stephen. 1977. Britain: The Politics of Foreign Economic Policy, the Domestic Economy and die Problem of Pluralist Stagnation. International Organization, 31:673–721.CrossRefGoogle Scholar
Block, Fred L. 1977. The Origins of International Economic Disorder. Berkeley: University of California Press.Google Scholar
Cohen, Stephen D. 1981. The Making of United States International Economic Policy. New York: Praeger.Google Scholar
Crandall, Robert. 1981. The U.S. Steel Industry in Recurrent Crisis. Washington, D.C.: Brookings Institution.Google Scholar
Davis, Frederick. 1966. The Regulation and Control of Foreign Trade. Columbia Law Review, 66: 1428–1459.Google Scholar
Destler, I. M., Sato, Hideo, Clapp, Priscilla, and Fukui, Haruhiro. 1973. Managing an Alliance: The Politics of U.S. Japanese Relations. Washington, D.C.: Brookings Institution.Google Scholar
Finger, J. M., Hall, H. Keith, and Nelson, Douglas R.. 1982. The Political Economy of Administered Protection. American Economic Review, 72:452–66.Google Scholar
Goldstein, Judith. 1983. A Re-examination of American Trade Policy: An Inquiry into the Causes of Protectionism. Unpublished dissertation, University of California, Los Angeles.Google Scholar
Goldstein, Judith and Krasner, Stephen. 1984. Unfair Trade Practices: The Case for a Differential Response. American Economic Review, 74:282–287.Google Scholar
Gourevitch, Peter Alexis. 1984. Breaking With Orthodoxy: The Politics of Economic Policy Responses to the Depression of the 1930s. International Organization, 38:95–129.CrossRefGoogle Scholar
Greenhouse, Steven. August 5, 1984. The Making of Fortress America. New York Times, Section 3, P. 1.Google Scholar
Katzenstein, Peter J. 1977. Introduction: Domestic and International Forces and Strategies of Foreign Economic Policy. International Organization, 31:587–607.CrossRefGoogle Scholar
Katzenstein, Peter J. 1980. Capitalism in One Country? Switzerland in the International Economy. International Organization, 34:507–540.CrossRefGoogle Scholar
Keohane, Robert O. 1980. The Theory of Hegemonic Stability and Changes in International Economic Regimes, 1967–1977. In Holsti, Ole, Siverson, Randolph M., and George, Alexander L., eds., Changes in the International System. Boulder: Westview.Google Scholar
Keohane, Robert O., and Nye, Joseph. 1977. Power and Interdependence. Boston: Little, Brown.Google Scholar
Kindleberger, Charles P. 1973. The World in Depression, 1929–1939. Berkeley: University of California Press.Google Scholar
Krasner, Stephen. 1982a. Structural Causes and Regimes Consequences. International Organization, 36:185–205.CrossRefGoogle Scholar
Krasner, Stephen. 1982b. International Regimes. Ithaca: Cornell University Press.Google Scholar
Krasner, Stephen. 1976. State Power and the Structure of International Trade. World Politics, 28:317–347.Google Scholar
Krasner, Stephen. 1979. The Tokyo Round: Particularistic Interests and Prospects for Stability in a Global Trading System. International Studies Quarterly, 23:491–531.Google Scholar
Krauss, Melvin. 1978. The New Protectionism, the Welfare State and International Trade. New York: New York University Press.Google Scholar
Lowi, Theodore. 1964. American Business, Public Policy, Case Studies and Political Theory. World Politics, 17:676–715.Google Scholar
Marks, Matthew. 1980. Recent Changes in American Law on Regulatory Trade Measures. The World Economy, 2:427–440.Google Scholar
Meier, Gerald. 1973. Problems of Trade Policy. New York: Oxford University Press.Google Scholar
North, Douglas. 1981. Structure and Change in Economic History. New York: W.W. Norton.Google Scholar
Odell, John S. 1982. U.S. International Monetary Policy. Princeton: Princeton University Press.Google Scholar
Pastor, Robert. 1980. Congress and the Politics of U.S. Foreign Economic Policy: 1929–1976. Berkeley: University of California Press.Google Scholar
Preeg, Ernest. 1973. Trades and Diplomats: An Analysis of the Kennedy Round Negotiations under the General Agreement on Tariff and Trade. Washington, D.C.: Brookings Institution.Google Scholar
Ratner, Sidney. 1972. The Tariff in American History. New York: D. Van Nostrand.Google Scholar
Skowronek, Stephen. 1982. Building a New American State: The Expansion of National Administrative Capacities, 1877–1920. New York: Cambridge University Press.CrossRefGoogle Scholar
Schattschneider, E. E. 1935. Politics, Pressures and the Tariff: A Study of Free Enterprise in Pressure Politics. New York: Prentice-Hall.Google Scholar
Tasca, Henry. 1938. The Reciprocal Trade Policy of the United States. Philadelphia: University of Pennsylvania Press.Google Scholar
Taussig, G. W. 1914. The Tariff History of the United States. New York: Knickerbocker Press.Google Scholar
U.S. Department of Commerce. 1963, 1972, 1978, 1979, 1980, 1981. U.S. Imports, Sic Based Products, FT210/Annual. Washington, D.C.: Government Printing Office.Google Scholar
U.S. Department of Commerce. 1964, 1967, 1972, 1977, 1982. Census of Manufactures. Washington, D.C.: Government Printing Office.Google Scholar
U.S. International Trade Commission. 1975–1982. Annual Report. Washington, D.C.: Government Printing Office.Google Scholar
U.S. President. 1958–1982. Annual Report of the President of the United States on the Trade Agreements Program. Washington, D.C.: Government Printing Office.Google Scholar
U.S. Tariff Commission. 1958–1974. Annual Report. Washington, D.C.: Government Printing Office.Google Scholar
Viner, Jacob. 1961. Economic Foreign Policy on the New Frontier. Foreign Affairs, 39:560–577.Google Scholar
Yoffie, David B. 1983. Power and Protectionism: Strategies of the Newly Industrializing Countries. New York: Columbia University Press.Google Scholar
Submit a response

Comments

No Comments have been published for this article.