Description

Book Synopsis
Since the 1970s, two major trends have emerged among developing countries: the rise of new democracies and the rush to free trade. For some, the confluence of these events suggests that a free-market economy complements a fledgling democracy. Others argue that the two are inherently incompatible and that exposure to economic globalization actually jeopardizes new democracies. Which view is correct? Bumba Mukherjee argues that the reality of how democracy and trade policy unravel in developing countries is more nuanced than either account. Mukherjee offers the first comprehensive cross-national framework for identifying the specific economic conditions that influence trade policy in developing countries. Laying out the causes of variation in trade policy in four developing or recently developed countriesBrazil, India, Indonesia, and South Africahe argues persuasively that changing political interactions among parties, party leaders, and the labor market are often key to trade policy

Democracy and Trade Policy in Developing

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    A Hardback by Bumba Mukherjee

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      Book details

      Publisher The University of Chicago Press
      Published 17 June 2016
      ISBN-13 9780226358789
      978-0226358789
      ISBN-10 022635878X
      Also in:
      Democracy

      Description

      Book Synopsis
      Since the 1970s, two major trends have emerged among developing countries: the rise of new democracies and the rush to free trade. For some, the confluence of these events suggests that a free-market economy complements a fledgling democracy. Others argue that the two are inherently incompatible and that exposure to economic globalization actually jeopardizes new democracies. Which view is correct? Bumba Mukherjee argues that the reality of how democracy and trade policy unravel in developing countries is more nuanced than either account. Mukherjee offers the first comprehensive cross-national framework for identifying the specific economic conditions that influence trade policy in developing countries. Laying out the causes of variation in trade policy in four developing or recently developed countriesBrazil, India, Indonesia, and South Africahe argues persuasively that changing political interactions among parties, party leaders, and the labor market are often key to trade policy

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