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Do Credible Domestic Institutions Promote Credible International Agreements?

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  • Conconi, Paola
  • Perroni, Carlo

Abstract

We examine the relationship between international policy coordination and domestic policy reputation when both are self-sustaining. We show that domestic policy commitment does not necessarily facilitate international cooperation; rather, efficient polices may be most easily sustained when countries are unable to pre-commit to policy domestically. Moreover, lack of domestic commitment is more likely to facilitate international cooperation the larger are the international spillovers of domestic policies.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 5762.

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Date of creation: Jul 2006
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Handle: RePEc:cpr:ceprdp:5762

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Keywords: domestic policy commitment; international agreements;

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Cited by:
  1. Barbara Dluhosch & Nikolai Ziegler, 2011. "The paradox of weakness in the politics of trade integration," Constitutional Political Economy, Springer, vol. 22(4), pages 325-354, December.
  2. Conconi, Paola & Perroni, Carlo, 2011. "Conditional versus Unconditional Trade Concessions for Developing Countries," CEPR Discussion Papers 8253, C.E.P.R. Discussion Papers.
  3. Paola Conconi & Nicolas Sahuguet, 2009. "Policymakers' Horizon and the Sustainability of International Cooperation," ULB Institutional Repository 2013/98547, ULB -- Universite Libre de Bruxelles.
  4. Paola Conconi & Nicolas Sahuguet & Maurizio Zanardi, 2009. "Democratic Peace and Electoral Accountability," NajEcon Working Paper Reviews 814577000000000388, www.najecon.org.
  5. Conconi, Paola & Perroni, Carlo & Riezman, Raymond, 2007. "Is Partial Tax Harmonization Desirable?," The Warwick Economics Research Paper Series (TWERPS) 795, University of Warwick, Department of Economics.
  6. Taran Fæhn & Elisabeth Thuestad Isaksen, 2014. "Diffusion of climate technologies in the presence of commitment problems," Discussion Papers 768, Research Department of Statistics Norway.

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