An Interim Assessment of the US Trade Policy of ‘Competitive Liberalization
Journal
The World Economy
ISSN
0378-5920
ISSN-Digital
1467-9701
Type
journal article
Date Issued
2008-01
Author(s)
Abstract
Since 2001, the Administration of George W. Bush has pursued a trade policy known as Competitive Liberalization. This policy envisages a series of mutually-reinforcing and sequential steps to open markets abroad to US companies, to strengthen market-oriented laws and regulations overseas, and to place the United States at the centre of the world trading system. Foreign and security policy considerations have influenced US trade policy making, perhaps more so than in the 1990s. To date the principal outcome of this policy has been the negotiation by the United States of numerous free trade agreements, mainly with developing countries, individually or in sub-regional groupings. In addition to characterising this policy in detail, the principal purpose of this paper is to assess the logic underlying this approach to trade policy making and whether Competitive Liberalization has begun to fulfil the promise spelled out for it at the beginning of this decade.
Language
English
HSG Classification
contribution to scientific community
Refereed
No
Publisher
Blackwell
Publisher place
Oxford
Volume
31
Number
1
Start page
31
End page
66
Pages
36
Subject(s)
Eprints ID
235006