Democracy and Trade Policy in Developing Countries (Paperback)

Bumba Mukherjee

ISBN 10: 022635881X / ISBN 13: 9780226358819

Published by The University of Chicago Press, Chicago, IL, 2016

About this Item

Paperback. 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 outcome. For instance, if workers are in a position to benefit from opening up to trade, party leaders in turn support trade reforms by decreasing tariffs and other trade barriers. At a time when discussions about the stability of new democracies are at the forefront, Democracy and Trade Policy in Developing Countries provides invaluable insight into the conditions needed for a democracy to survive in the developing world in the context of globalization. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

Seller Inventory # 9780226358819

Bibliographic Details

• Title: Democracy and Trade Policy in Developing Countries (Paperback)
• Publisher: The University of Chicago Press, Chicago, IL
• Publication Date: 2016
• Language: English
• ISBN 10: 022635881X
• ISBN 13: 9780226358819
• Binding: Paperback
• Condition: new

About this title

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 countries—Brazil, India, Indonesia, and South Africa—he argues persuasively that changing political interactions among parties, party leaders, and the labor market are often key to trade policy outcome. For instance, if workers are in a position to benefit from opening up to trade, party leaders in turn support trade reforms by decreasing tariffs and other trade barriers.

At a time when discussions about the stability of new democracies are at the forefront, Democracy and Trade Policy in Developing Countries provides invaluable insight into the conditions needed for a democracy to survive in the developing world in the context of globalization.

About the Author

Bumba Mukherjee is associate professor of political science at Pennsylvania State University and a visiting fellow at the University of Notre Dame's Kellogg Institute for International Studies. He is coauthor of two books: Democracy, Electoral Systems, and Judicial Empowerment in Developing Countries and The Politics of Corruption in Authoritarian Regimes.