Trade Policy: Power and International Institutions
In recent years the study of international relations has experienced a shift in the way that interaction at the systemic level is analyzed. This can be partially attributed to the rise in globalization, which has since led to the creation of numerous types of non-state actors and fundamental changes in the way scholars conceptualize the state. This can be tied to the liberalization of trade policies that have encouraged the development of multinational/transnational corporations that exist outside what is viewed as the traditional state. These states and non-state actors alike interact economically at the global level, which can be an issue due to the anarchic nature of the system. It is from this chaotic system that the need of international institutions has risen from. The focus of this week is the economic interaction of states and how the structure of international trade augment these interactions.
There are numerous ways to approach how trade policies can be impacted by both international institutions and the power of the individual states involved in the trades. …show more content…
The relative power of a state within the international system is a huge factor in determining how and with who states will trade with. This is crucial due to the security externalities that are created through trade, and in turn the changes in the distribution of power within the system. While there is a debate on how effective international institutions are at increasing trade among members (Rose 2004; Tomz, Goldstein, and Rivers 2007), it could be enlightening to identify if military treaties between members of the GATT/WTO can account for the increasing openness of
In recent years the study of international relations has experienced a shift in the way that interaction at the systemic level is analyzed. This can be partially attributed to the rise in globalization, which has since led to the creation of numerous types of non-state actors and fundamental changes in the way scholars conceptualize the state. This can be tied to the liberalization of trade policies that have encouraged the development of multinational/transnational corporations that exist outside what is viewed as the traditional state. These states and non-state actors alike interact economically at the global level, which can be an issue due to the anarchic nature of the system. It is from this chaotic system that the need of international institutions has risen from. The focus of this week is the economic interaction of states and how the structure of international trade augment these interactions.
There are numerous ways to approach how trade policies can be impacted by both international institutions and the power of the individual states involved in the trades. …show more content…
The relative power of a state within the international system is a huge factor in determining how and with who states will trade with. This is crucial due to the security externalities that are created through trade, and in turn the changes in the distribution of power within the system. While there is a debate on how effective international institutions are at increasing trade among members (Rose 2004; Tomz, Goldstein, and Rivers 2007), it could be enlightening to identify if military treaties between members of the GATT/WTO can account for the increasing openness of