Democratization and Trade Liberalization in Industrial Capitalist Countries

D Verdier

Working Papers from European Institute - Political and Social Sciences

Abstract: The paper raises the question of whether democracies are more likely to pursue free trade than nondemocracies. The paper argues that democratization in response to a surge in political contestation is likely to cause an increase in protection in a nondemocracy, but a reduction in a democracy. The argument is derived from a distributive model of policymaking, common to democracies and non-democracies.

Keywords: COMMERCIAL POLICY; TRADE LIBERALIZATION (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Pages: 47 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fth:europs:96/04

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