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

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  • Cowling, Keith
  • Sugden, Roger

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

Suggested Citation

  • Cowling, Keith & Sugden, Roger, 1998. "Strategic Trade Policy Reconsidered: National Rivalry vs Free Trade vs International Cooperation," Kyklos, Wiley Blackwell, vol. 51(3), pages 339-357.
  • Handle: RePEc:bla:kyklos:v:51:y:1998:i:3:p:339-57
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    Citations

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    Cited by:

    1. Herrmann-Pillaih Carsten, 1999. "Über Handelswiderstände," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 50(1), pages 431-472, January.
    2. Stephen P. Dunn, 2012. "John Kenneth Galbraith and the Theory of the Firm," Chapters,in: Handbook on the Economics and Theory of the Firm, chapter 8 Edward Elgar Publishing.
    3. Hasse Rolf, 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), De Gruyter, vol. 224(1-2), pages 17-36, February.
    4. 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.
    5. Daniel Strecker, 1999. "Forschungs- und Technologiepolitik im Standortwettbewerb," Volkswirtschaftliche Diskussionsbeiträge 29, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät.
    6. Silvia Sacchetti & Colin Campbell, 2015. "Creating Space for Communities: Social Enterprise and the Bright Side of Social Capital," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 3(2), pages 32-48, February.
    7. 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.
    8. Lutz James M., 2011. "Governments of the Left and Openness to Imports," Global Economy Journal, De Gruyter, vol. 11(4), pages 1-20, December.
    9. repec:eee:indorg:v:55:y:2017:i:c:p:182-189 is not listed on IDEAS
    10. Roger Sugden, 2013. "Space in an inferno? The organization of modern universities and the role of academics," Chapters,in: Leadership and Cooperation in Academia, chapter 4, pages 43-57 Edward Elgar Publishing.
    11. Silvia Sacchetti, 2015. "Inclusive and Exclusive Social Preferences: A Deweyan Framework to Explain Governance Heterogeneity," Journal of Business Ethics, Springer, vol. 126(3), pages 473-485, February.

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