Democratic Convergence and Free Trade

D Verdier

Working Papers from European Institute - Political and Social Sciences

Abstract: Even if a democracy were more likely to pursue free trade than an autocracy, the simultaneous spread of democracy in the workld would not necessarily yield a reduction in protection, but might in fact cause an increase. The reason for this paradoxical outcome is the fact that democratic convergence creates power profiles identical across nations.

Keywords: COMMERCIAL POLICY; TRADE; FREE TRADE (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fth:europs:96/05

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