2017, Volume 70 - Issue 2
RSS feed citation: At RePEc
Publication date: 02 May 2017
THE EFFECT OF LABOR MARKET FREEDOM AND OTHER FACTORS ON U.S. SETTLEMENT PATTERN DECISIONS OF UNDOCUMENTED IMMIGRANTS, 2012 AND 2014Read the article
DETERMINANTS OF THE RELATIVE IMPORTANCE OF EDUCATION IN LOW-INCOME AND LOWER-MIDDLE INCOME COUNTRIESRead the article
ON THE PROTECTION OF INVESTMENT CAPITAL DURING FINANCIAL CRISIS IN THE SOUTH AFRICAN EQUITY MARKET: A RISK-BASED ASSET ALLOCATION APPROACHRead the article
THE IMPACT OF FINANCIAL DEVELOPMENT ON INVESTMENT IN BOTSWANA: AN ARDL-BOUNDS TESTING APPROACHRead the article
SYSTEMIC ANALYSIS OF TRADE LIBERALISATION: POLICY ENTREPRENUERSHIP AND BEHAVIOURAL VARIABLES IN A TWO-LEGAL GAME FRAMEWORKRead the article
Ivan TROFIMOV, Kolej Yayasan Saad (KYS) Business School, Ayer Keroh, Malaysia
This paper presents a synthetic framework for the analysis of bilateral trade liberalisation process. It extends usual two-level game model (allowing interplay between domestic trade policy and GATT/WTO negotiation), and incorporates policy entrepreneurship processes (leadership, recombination, consensus-building), behavioural variables (intensity of interest in policy issue, attitudes towards gains and losses and cooperation), as well as systemic forces behind protectionist policies. The factors that determine the path, timing and outcome of the trade policy negotiation are tied in a formal model. The results point to the complementarity and mutual dependence of the factors, and the necessity to simultaneously attend to them during negotiation process. We also show that the success of trade liberalisation hinges upon readiness of the policy system for reform and prior exercise of advocacy and consensus building.
C70, F13, F51, L26
Policy Entrepreneurship, Two-Level Games, Trade Policy
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