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It is a widely held view that politics plays an important role in
determining international trade policy. Defining precisely why, and
how, politics matters is more difficult. Despite the benefits of
trade, few nations have wholeheartedly adopted free trade policies,
and when they do so it is by managing trade through international
institutions and multi- or bilateral trade treaties. International
Trade and Political Institutions broadens the public choice theory
of trade politics to allow for the study of ideas and institutions
within a longer time horizon. The authors use theoretically
rigorous historical analysis of international political economy and
four important case studies to help untangle the role of ideology,
institutions and interests. This illuminating book connects the
fields of economics, political economy and history to shed new
light on trade theory. Scholars of political science and economy,
economics and history will all find this book fascinating and
worthwhile reading.
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