Politics Matter: The 1997 Derailment of Fast-Track Trade Authority

Schnietz Karen E. () and Nieman Timothy
Additional contact information
Schnietz Karen E.: Jones Graduate School of Management, MS 531, Rice University, 6100 South Main Street, Houston, TX 77005-1892, USA. Tel: (713) 285-5388; Fax: (713) 285-525
Nieman Timothy: Lumina Decision Systems

Business and Politics, 1999, vol. 1, issue 2, 233-252

Abstract: In 1997, President Clinton became the first President not awarded fast-track trade negotiating authority since this congressional delegation of trade policymaking authority first began in 1934. Fast-track's failure also represents a case of an unsuccessful business political strategy since business supporters of the measure were easily defeated by labor and environmental opponents, despite the many political 'privileges' that business possessed. This case study describes why fast-track is important to the future of US and global trade policy and examines the main reasons for its failure. In doing so, it illustrates theories of pivotal politics, the median voter, collective action, issue framing, international trade's welfare costs and benefits, and international relations that often arise in research and courses on the non-market environment of business, international trade, and international political economy.

Date: 1999
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/bap.1999.1.2.233 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:buspol:v:1:y:1999:i:2:p:233-252:n:5

Ordering information: This journal article can be ordered from
https://www.cambridg ... usiness-and-politics

DOI: 10.1515/bap.1999.1.2.233

Access Statistics for this article

Business and Politics is currently edited by Vinod K. Aggarwal

More articles in Business and Politics from De Gruyter
Bibliographic data for series maintained by Peter Golla ().