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Preferential trading arrangements (PTAs) play an increasingly prominent role in the global political economy, two notable examples being the European Union and the North American Free Trade Agreement. These agreements foster economic integration among member states by enhancing their access to one another's markets. Yet despite the importance of PTAs to international trade and world politics, until now little attention has been focused on why governments choose to join them and how governments design them. This book offers valuable new insights into the political economy of PTA formation. Many economists have argued that the roots of these agreements lie in the promise they hold for improving the welfare of member states. Others have posited that trade agreements are a response to global political conditions. Edward Mansfield and Helen Milner argue that domestic politics provide a crucial impetus to the decision by governments to enter trade pacts. Drawing on this argument, they explain why democracies are more likely to enter PTAs than nondemocratic regimes, and why as the number of veto players--interest groups with the power to block policy change--increases in a prospective member state, the likelihood of the state entering a trade agreement is reduced. The book provides a novel view of the political foundations of trade agreements.
Commercial treaties. --- International trade. --- External trade --- Foreign commerce --- Foreign trade --- Global commerce --- Global trade --- Trade, International --- World trade --- Trade agreements (Commerce) --- Commerce --- International economic relations --- Non-traded goods --- Competition, International --- Foreign trade regulation --- Treaties --- Reciprocity (Commerce) --- Commercial treaties --- International trade --- E-books --- Foreign trade policy --- European Union. --- North American Free Trade Agreement. --- balance of power. --- domestic political conditions. --- domestic politics. --- economic integration. --- global business cycle. --- global political economy. --- hegemony. --- international relations. --- international trade agreements. --- international trade. --- political economy. --- preferential market access. --- preferential trading arrangements. --- ratification. --- regime type. --- strategic interaction. --- trade barriers. --- trade relations. --- veto players.
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For decades the European Union tried changing its institutions, but achieved only unsatisfying political compromises and modest, incremental treaty revisions. In late 2009, however, the EU was successfully reformed through the Treaty of Lisbon. Reforming the European Union examines how political leaders ratified this treaty against all odds and shows how this victory involved all stages of treaty reform negotiations--from the initial proposal to referendums in several European countries. The authors emphasize the strategic role of political leadership and domestic politics, and they use state-of-the-art methodology, applying a comprehensive data set for actors' reform preferences. They look at how political leaders reacted to apparent failures of the process by recreating or changing the rules of the game. While domestic actors played a significant role in the process, their influence over the outcome was limited as leaders ignored negative referendums and plowed ahead with intended reforms. The book's empirical analyses shed light on critical episodes: strategic agenda setting during the European Convention, the choice of ratification instrument, intergovernmental bargaining dynamics, and the reaction of the German Council presidency to the negative referendums in France, the Netherlands, and Ireland.
HISTORY / Modern / 21st Century. --- HISTORY / Europe / General. --- POLITICAL SCIENCE / Political Process / Leadership. --- POLITICAL SCIENCE / International Relations / Diplomacy. --- Treaties --- Revision of treaties --- Treaties, Revision of --- Treaty revision --- Ratification of treaties --- Treaty ratification --- Ratification. --- Revision. --- European Union. --- E.U. --- Treaty on European Union --- European Union countries --- Politics and government. --- EU constitution. --- EU countries. --- EU. --- European Convention. --- European integration. --- German Presidency. --- Lisbon Treaty. --- Treaty Establishing a Constitution for Europe. --- Treaty of Lisbon. --- Treaty of Nice. --- Valry Giscard d'Estaing. --- agenda control. --- agenda setting. --- democratic deficit. --- demographic change. --- domestic parliaments. --- domestic politics. --- institutional arrangements. --- institutional reform. --- intergovernmental bargaining. --- internal conflict. --- judiciary powers. --- negative referendums. --- political leaders. --- political parties. --- popular votes. --- principal-agent perspective. --- ratification instrument. --- reform crisis. --- social tension. --- veto players.
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