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Strategic Trade Policy Reconsidered: National Rivalry vs Free Trade vs International Cooperation

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  • Cowling, Keith
  • Sugden, Roger
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    Abstract

    Sharing the concerns of others about strategic trade policy, the authors nevertheless dispute free trade as the favored option. The 'free' in free trade is seen as freedom at a cost; it refers to strategic decisionmakers in transnational corporations being free to further their own ends despite resistance from others. The authors advocate 'trade strategies,' public policy initiatives aimed at democratizing strategic decisions concerning international trade. Rather than supporting national champions and national rivalry, and unlike earlier strategic trade theory, their arguments favor networks of smaller firms and a process where conflicts are recognized and addressed in a spirit of international cooperation. Copyright 1998 by WWZ and Helbing & Lichtenhahn Verlag AG

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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Kyklos.

    Volume (Year): 51 (1998)
    Issue (Month): 3 ()
    Pages: 339-57

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    Handle: RePEc:bla:kyklos:v:51:y:1998:i:3:p:339-57

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    Web page: http://www.blackwellpublishing.com/journal.asp?ref=0023-5962

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    Cited by:
    1. Branston, J. Robert & Cowling, Keith & Sugden, Roger, 2002. "Corporate Governance And The Public Interest," The Warwick Economics Research Paper Series (TWERPS) 626, University of Warwick, Department of Economics.
    2. Daniel Strecker, 1999. "Forschungs- und Technologiepolitik im Standortwettbewerb," Volkswirtschaftliche Diskussionsbeiträge 29, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät.
    3. David Bailey & Nigel Driffield, 2007. "Industrial Policy, FDI and Employment: Still ‘Missing a Strategy’," Journal of Industry, Competition and Trade, Springer, vol. 7(3), pages 189-211, December.
    4. Rolf Hasse & Marek Mora, 2004. "Innovationen und Dienstleistungen: Dimensionen der Außenwirtschaftstheorie und -politik Innovation and Services: Dimensions in Theory and Policy of Foreign Trade," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 224(1-2), pages 17-36, February.

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