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NCCR Publications Working Papers The WTO as Decision-Making System - Business Interests and the Dynamics of Trade Policy
| The WTO as Decision-Making System - Business Interests and the Dynamics of Trade Policy |
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The WTO as Decision-Making System - Business Interests and the Dynamics of Trade Policy, NCCR Working Paper 2007/21, May 2007
Abstract The difficulties and impasse in the current multilateral trade negotiations under the WTO framework have been ascribed to many factors, notably the lack of business interests. Considering existing political economy theories, this seems puzzling and warrants therefore closer analytical attention. Studying the formation, organization and representation of business interests in the context of multilateral trade liberalization requires a broadening of the analytical focus beyond the institutional context of the WTO, both in terms of the vertical levels and dynamic perspective considered in the analysis.This working paper is thus a broad review of relevant literature on the international political economy, laying the foundations for a research project on business interests and the dynamics of trade policy making. In so doing, the literature review is structured according to several important conceptual categories, specifically preferences, institutions and aspects of the international system. In addition, particular attention is dedicated to scholarly work explicitly treating the dynamics and feedback effects in trade policy. The working paper concludes by outlining potential areas for further research. |
