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In this paper it is argued that there is an important protectionist bias inherent in free trade agreements which is not present in custom unions. In any customs union or free trade agreement, one of the critical issues concerns "rules of origin." In a free trade agreement rules of origin have an...
Persistent link: https://www.econbiz.de/10012474607
The results of recent empirical research show that the actual determinants of the form and substance of protection have little to do with the implicit classroom model of benevolent social guardians intent upon maximizing a Benthamite social utility function. This has led to efforts to understand...
Persistent link: https://www.econbiz.de/10012475457
In this paper, the evolution of thought regarding protectionist trade policies in developed and in developing countries is examined and contrasted. In the developing countries distrust of markets and a belief in the infant industry argument led to highly protectionist trade regimes. The...
Persistent link: https://www.econbiz.de/10012475478
This paper takes as a given the proposition that, in many developing countries, governmental policies have been highly distortive and harmful to economic growth. These policies have included omissions, such as neglect of infrastructure, and commission such as highly restrictive trade regimes and...
Persistent link: https://www.econbiz.de/10012475695
This paper reexamines current understanding of the political economy of protection. To date, work has centered on determinants of the height of protection and its form - tariffs, quantitative restrictions, and voluntary export restraints. It is argued that examining the structure of protection...
Persistent link: https://www.econbiz.de/10012476150
This paper outlines the salient characteristics of competing models of economic regulation and controls. It then examines the evolution of the American sugar program from 1934 to 1987 in the light of these models. While lobbying and other features of traditional models were clearly important,...
Persistent link: https://www.econbiz.de/10012476562
This paper analyzes the equilibrium degree of protection as the outcome of the interaction of demands for protection and the demand for a liberal international trading order. It then assesses the current balance. On one hand, the nature of technical progress, the institution of the Uruguay...
Persistent link: https://www.econbiz.de/10012476659
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