In this paper, I assume that global intergovernmental organizations (GIGOs) function as "enablers" of interstate liberal politics by way of their multilateral institutional frameworks. To support this view, I recall and adapt the classical concept of "polyarchy," coined in the early 1950s by...

Geopolitical conflicts have increasingly been a driver of trade policy. We study the potential effects of global and persistent geopolitical conflicts on trade, technological innovation, and economic growth. In conventional trade models the welfare costs of such conflicts are modest. We build a...