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Cambridge University Press Building Legislative Coalitions for Free Trade in Asia: Globalization as Legislation

Name: Building Legislative Coalitions for Free Trade in Asia: Globalization as Legislation
Brand: Cambridge University Press
Price: 43.0 GBP
Availability: InStock

17 b/w illus. 27 tables

Economic Conditions

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Description

What accounts for the large reduction in trade barriers among new democracies in Asia after World War II? Using new data from Japan and Thailand, this book provides a surprising answer: politicians, especially party leaders, liberalized trade by buying off legislative support with side-payments such as pork barrel projects. Trade liberalization was a legislative triumph, not an executive achievement. This finding challenges the conventional 'insulation' argument, which posits that insulating executives from special interest groups and voters is the key to successful trade liberalization. By contrast, this book demonstrates that party leaders built open economy coalitions with legislators by feeding legislators' rent-seeking desires with side-payments rather than depriving their appetites. This book unravels the political foundations of open economy.

Product Specifications

Brand: Cambridge University Press
Model: 17 b/w illus. 27 tables
Format: hardcover
ASIN: 1107037034
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Conditions
Domain: Amazon UK
Release Date: 20 July 2015
Listed Since: 07 November 2014

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Cambridge University Press Building Legislative Coalitions for Free Trade in Asia: Globalization as Legislation

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