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Domestic Policies, National Sovereignty, and International Economic Institutions
Abstract
To what extent must nations cede control over their economic and social policies if global efficiency is to be achieved in an interdependent world? This question is at the center of the debate over the future role of the WTO (formerly GATT) in the realm of labor and environmental standards. In this paper we establish that the market access focus of current WTO rules is well equipped to handle the problems associated with choices over labor and environmental standards. In principle, with relatively modest changes that grant governments more sovereignty, not less, these rules can deliver globally efficient outcomes.
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Research works printed but not linked: 16
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Cited by
Bagwell, K., Bown, C. P., & Staiger, R. W. (2016) · Journal of Economic Literature · doi:10.1257/jel.20151192 · Cited by 122
Self-citationThe Textbook Case for Industrial Policy: Theory Meets Data
Bartelme, D., Costinot, A., Donaldson, D., & Rodríguez-Clare, A. (2019) · NBER Working Paper · doi:10.3386/w26193 · Cited by 114
The Purpose of Trade Agreements
Grossman, G. M. (2016) · Handbook of Commercial Policy · doi:10.1016/bs.hescop.2016.04.016 · Cited by 77
Metadata
- Authors
- Bagwell, K., & Staiger, R. W.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 2001-05-01
- Volume
- 116
- Issue
- 2
- Pages
- 519-562
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2151016306
- Cited by
- 327
- References
- 0
- FWCI
- 71.69
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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